Anghami (ANGH) Tax Rate (2020 - 2023)
Anghami's (ANGH) quarterly Tax Rate came in at 4.36% in Q4 2023, up 288.0% year-over-year from 1.12% in Q4 2022, and up 194.8% quarter-over-quarter from 1.48% in Q4 2022.
Analysis
Anghami (ANGH) Tax Rate (2020 - 2023) Analysis & Trends
Anghami has disclosed Tax Rate across 4 years of filings, most recently posting 4.36% for Q4 2023.
- In Q4 2023, Tax Rate rose 288.0% year-over-year to 4.36%; the TTM figure through Dec 2023 stood at 2.43% (changed N/A YoY), while the FY2025 annual figure was 3.34%, up 48.0% from the prior year.
- Tax Rate came in at 4.36% for Q4 2023 at Anghami, up from 1.48% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 9.56% in Q4 2020 to a low of 1.48% in Q4 2022.
- Average Tax Rate over 4 years is 4.33%, with a median of 3.14% recorded in 2021.
- Year-over-year, Tax Rate tumbled 764 bps in 2021 and jumped 288 bps in 2023.
- Over 4 years, Tax Rate stood at 9.56% in 2020, then slumped by 80 bps to 1.92% in 2021, then fell by 23 bps to 1.48% in 2022, then soared by 195 bps to 4.36% in 2023.
- Per Business Quant data, the three most recent Tax Rate figures were 4.36% in Q4 2023, 1.48% in Q4 2022, and 1.92% in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 321.15 Bn | 312.02 Bn | 6.52 Bn | 16.40% |
| 2 | Spotify Technology | 108.56 Bn | 97.65 Bn | 1.86 Bn | 24.31% |
| 3 | Tencent Music Entertainment | 12.38 Bn | 8.87 Bn | 582.00 Mn | -16.81% |
| 4 | Huya | 485.14 Mn | 124.88 Mn | 37.58 Mn | -116.02% |
| 5 | iQIYI | 427.67 Mn | -43.23 Mn | 152.37 Mn | 199.35% |
| 6 | FuboTV | 324.08 Mn | -128.33 Mn | 399.10 Mn | 0.66% |
| 7 | Kaltura | 221.37 Mn | 190.08 Mn | 34.54 Mn | -79.71% |
| 8 | CuriosityStream | 157.45 Mn | 109.05 Mn | 16.93 Mn | 4.66% |
| 9 | Cineverse | 47.34 Mn | 43.02 Mn | 10.66 Mn | -0.34% |
| 10 | Anghami | 24.41 Mn | 2.01 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 4.36% |
| Dec 31, 2022 | 1.48% |
| Dec 31, 2021 | 1.92% |
| Dec 31, 2020 | 9.56% |