GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Anghami Inc (NAS:ANGH) » Definitions » Gross Margin %

Anghami (Anghami) Gross Margin % : 32.22% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Anghami Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Anghami's Gross Profit for the six months ended in Dec. 2023 was $7.24 Mil. Anghami's Revenue for the six months ended in Dec. 2023 was $22.48 Mil. Therefore, Anghami's Gross Margin % for the quarter that ended in Dec. 2023 was 32.22%.


The historical rank and industry rank for Anghami's Gross Margin % or its related term are showing as below:

ANGH' s Gross Margin % Range Over the Past 10 Years
Min: 19.29   Med: 25.47   Max: 31.72
Current: 24.87


During the past 6 years, the highest Gross Margin % of Anghami was 31.72%. The lowest was 19.29%. And the median was 25.47%.

ANGH's Gross Margin % is ranked worse than
71.59% of 954 companies
in the Media - Diversified industry
Industry Median: 38.36 vs ANGH: 24.87

Anghami had a gross margin of 32.22% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Anghami was 0.00% per year.


Anghami Gross Margin % Historical Data

The historical data trend for Anghami's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Anghami Gross Margin % Chart

Anghami Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 31.72 26.78 25.47 19.29 24.87

Anghami Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 26.20 13.98 23.36 16.13 32.22

Competitive Comparison of Anghami's Gross Margin %

For the Entertainment subindustry, Anghami's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Anghami's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Anghami's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Anghami's Gross Margin % falls into.



Anghami Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Anghami's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=10.3 / 41.38
=(Revenue - Cost of Goods Sold) / Revenue
=(41.38 - 31.088) / 41.38
=24.87 %

Anghami's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=7.2 / 22.477
=(Revenue - Cost of Goods Sold) / Revenue
=(22.477 - 15.234) / 22.477
=32.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Anghami  (NAS:ANGH) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Anghami had a gross margin of 32.22% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Anghami Gross Margin % Related Terms

Thank you for viewing the detailed overview of Anghami's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Anghami (Anghami) Business Description

Traded in Other Exchanges
N/A
Address
Abu Dhabi Global Market Square, Al Maryah Island, 16th Floor, Al-Khatem Tower, WeWork Hub71, Abu Dhabi, ARE
Anghami Inc is a digital music entertainment technology platform in the Middle East and North Africa, with the largest catalog of songs. The company features licensed content from leading Arabic labels, independent artists, and distributors. It also features music from major International labels such as Universal, Sony, and Warner and is continuously licensing new content.

Anghami (Anghami) Headlines

From GuruFocus