We're Hopeful That Anghami (NASDAQ:ANGH) Will Use Its Cash Wisely [Yahoo! Finance]
Anghami Inc. (ANGH)
Company Research
Source: Yahoo! Finance
For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? So should Anghami NASDAQ:ANGH ) shareholders be worried about its cash burn? For the purpose of this article, we'll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). We'll start by comparing its cash burn with its cash reserves in order to calculate its cash runway. See our latest analysis for Anghami How Long Is Anghami's Cash Runway? A company's cash runway is the amount of time it would take to burn through its cash reserves at its current cash burn rate. Anghami has such a small amount of debt that we'll set it aside, and focus on the US$6.2m in cash it held at December 2023. Importantly, its cash burn was US$5.1m over the trailing twelve m
Show less
Read more
Impact Snapshot
Event Time:
ANGH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ANGH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ANGH alerts
High impacting Anghami Inc. news events
Weekly update
A roundup of the hottest topics
ANGH
News
- Anghami - All the Music for Free for iOS [CNET News]CNET News
- Anghami Files 2023 Annual Report and Announces 2024 Q1 Results, Highlighting 18% Growth in Subscribers and Significant Margin Improvement [Yahoo! Finance]Yahoo! Finance
- Anghami Files 2023 Annual Report and Announces 2024 Q1 Results, Highlighting 18% Growth in Subscribers and Significant Margin ImprovementBusiness Wire
- Anghami Reports Full Year 2023 Earnings [Yahoo! Finance]Yahoo! Finance
- Anghami and OSN+ complete milestone transaction [Seeking Alpha]Seeking Alpha
ANGH
Sec Filings
- 4/29/24 - Form 6-K
- 4/29/24 - Form 20-F
- 4/8/24 - Form SC
- ANGH's page on the SEC website