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 stock yearly return is shown above.
The yearly return on the ANGH stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ANGH annual return calculation with any dividends reinvested as applicable (on ex-dates).
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