Is CANTALOUPE, INC. (CTLP) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 5.3% / 30% | 6.8% / 30% | 5.7% / 30% | 0.52% / 5% | ✓ HALAL |
| DJIM | 5.3% / 33% | 6.8% / 33% | 5.7% / 33% | 0.52% / 5% | ✓ HALAL |
| MSCI | 10.6% / 33% | 13.4% / 33% | 11.4% / 33% | 0.52% / 5% | ✓ HALAL |
| S&P | 5.3% / 33% | 6.8% / 33% | 5.7% / 33% | 0.52% / 5% | ✓ HALAL |
| FTSE | 10.6% / 33% | 13.4% / 33% | 11.4% / 50% | 0.52% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 40.4% | |
| Operating Margin | 6.9% | |
| Net Margin | 17.3% | |
| Return on Equity (ROE) | 24.6% | |
| Return on Assets (ROA) | 4.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $20M |
| Free Cash Flow | $3M |
| Total Debt | $40M |
| Debt-to-Equity | 18.4 |
| Current Ratio | 1.9 |
| Total Assets | $382M |
Price & Trading
| Last Close | $10.66 |
| 50-Day MA | $10.53 |
| 200-Day MA | $10.69 |
| Avg Volume | 1.2M |
| Beta | 1.1 |
|
52-Week Range
$7.01
| |
About CANTALOUPE, INC. (CTLP)
Cantaloupe, Inc., a digital payments and software services company, provides technology solutions for the self-service commerce market. The company offers a suite of solutions, including micro-payment processing, self-checkout kiosks, mobile ordering, connected point-of-sale (POS) systems, and enterprise cloud software. It also provides G11 cashless and pulse kits that are 4G LTE digital payment devices for payment and consumer engagement applications; G11 chip kit, a digital reader that accepts contact EMV and contactless EMV payment methods; Engage series comprising Engage, Engage Combo, and Engage Plus, which are digital touchscreen devices that offer networking, security, and interactivity payment methods; and P series, which are card touchscreen card readers that include P66, P100, P100Pro, and P30. In addition, the company offers self-checkout kiosks, smart store concepts, and the Cantaloupe Go management platform comprising Go Mini, Go MiniX, Go Plus100, Go Plus200, Go Plus300, Go Max, Cooler Cafe, Smart Store Go Micro kiosk, and Cantaloupe Smart Aisle. Further, it provides the Seed platform, a cloud-based asset management and optimization solution; remote price change, an add-on software service within the Seed platform; Cantaloupe Go portal, a robust cloud-based platform; Seed API, an API web service; and additional services, such as Cantaloupe Go consumer mobile app loyalty programs, campus card integrations, digital ad-management, and data warehouse services. Additionally, the company offers professional, network infrastructure, card processing, and customer/consumer services. Cantaloupe, Inc. was formerly known as USA Technologies, Inc. The company was incorporated in 1992 and is headquartered in Malvern, Pennsylvania.
Purification Calculator
As a halal stock with 0.52% impermissible income, you need to purify your dividends.
Related Halal Stocks in Technology
Frequently Asked Questions
Is CANTALOUPE, INC. (CTLP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CANTALOUPE, INC. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CANTALOUPE, INC.'s debt ratio?
CANTALOUPE, INC.'s debt ratio is 5.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 10.6%.
Does CANTALOUPE, INC. require dividend purification?
Yes, CANTALOUPE, INC. has an impermissible income ratio of 0.52%, which means 0.52% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are CANTALOUPE, INC.'s key financial metrics?
CANTALOUPE, INC. has a market capitalization of $781M, trailing P/E ratio of 14.5, and revenue of $303M. The company maintains a gross margin of 40.4% and a net margin of 17.3%. Return on equity stands at 24.6%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.