Anghami is a music application and platform that provides listeners in various countries in the Middle East and North Africa Region Arabic and international music to stream and download. The principal activity of Co. is digital entertainment and online streaming including live events. Co. has a freemium business model whereby premium (paying) users get unlimited access to online streaming content, ads free streaming experience, and unlimited downloads. The ad-supported users do not pay subscription fees and are provided with limited access to on-demand online streaming content without the ability to download content. Co. secures its content via licenses with labels and independent artists. The ANGH average annual return since 2020 is shown above.
The Average Annual Return on the ANGH average annual return since 2020 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether ANGH average annual return since 2020 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ANGH average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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