Is Genasys Inc. (GNSS) Halal?

NASDAQ Technology United States $79M
✓ HALAL
Confidence: 95/100
Genasys Inc. (GNSS) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 26.5% against the AAOIFI threshold of 30%, Genasys Inc. comfortably passes the key financial ratio tests. The company operates in the Technology sector (Scientific & Technical Instruments), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from September 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 26.5%
/ 30%
10.0%
/ 30%
18.1%
/ 30%
0.7%
/ 5%
✓ HALAL
DJIM 26.5%
/ 33%
10.0%
/ 33%
18.1%
/ 33%
0.7%
/ 5%
✓ HALAL
MSCI 33.4%
/ 33%
12.6%
/ 33%
22.8%
/ 33%
0.7%
/ 5%
✗ NOT HALAL
S&P 26.5%
/ 33%
10.0%
/ 33%
18.1%
/ 33%
0.7%
/ 5%
✓ HALAL
FTSE 33.4%
/ 33%
12.6%
/ 33%
22.8%
/ 50%
0.7%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.33
P/B Ratio
43.8
EV/EBITDA
-6.7
EV: $86M
Revenue
$41M
Growth: 145.9%
Beta
0.7
Low volatility
Current Ratio
0.7

Profitability

Gross Margin 40.7%
Operating Margin -1.5%
Net Margin -29.2%
Return on Equity (ROE) -191.9%
Return on Assets (ROA) -12.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$9M
Free Cash Flow-$9M
Total Debt$21M
Debt-to-Equity935.0
Current Ratio0.7
Total Assets$64M

Price & Trading

Last Close$1.81
50-Day MA$1.94
200-Day MA$2.03
Avg Volume159K
Beta0.7
52-Week Range
$1.46
$2.70

About Genasys Inc. (GNSS)

CEO
Mr. Richard S. Danforth
Employees
187
Sector
Technology
Industry
Scientific & Technical Instruments
Country
United States
Exchange
NASDAQ
Market Cap
$79M
Currency
USD

Genasys Inc. designs, develops, and sells critical communications hardware and software solutions to alert, inform, and protect people principally in the Asia Pacific, North and South America, Europe, the Middle East, and Africa. The company operates through two segments, Hardware and Software. Its products include Genasys Protect Platform, a complete protective communications platform that provides protective communications tools for various hazards to provide targeted emergency communication, data-driven decision making, secure inter-agency collaboration, and others; Genasys ACOUSTICS that are clear voice messaging acoustic devices with software connectivity, solar power backup, and satellite backup to reach everyone when it matters; and Genasys Evertel, a secure compliant real-time inter- and intra-agency communication and collaboration software for law enforcement and public officials. The company sells its products directly to governments, militaries, end-users, and prime vendors. The company was formerly known as LRAD Corporation and changed its name to Genasys Inc. in October 2019. Genasys Inc. was incorporated in 1992 and is based in San Diego, California.

Purification Calculator

As a halal stock with 0.70% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

Related Halal Stocks in Technology

Frequently Asked Questions

Is Genasys Inc. (GNSS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Genasys 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 Genasys Inc.'s debt ratio?

Genasys Inc.'s debt ratio is 26.5% 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 33.4%.

Does Genasys Inc. require dividend purification?

Yes, Genasys Inc. has an impermissible income ratio of 0.70%, which means 0.70% 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 Genasys Inc.'s key financial metrics?

Genasys Inc. has a market capitalization of $79M, and revenue of $41M. The company maintains a gross margin of 40.7% and a net margin of -29.2%. Return on equity stands at -191.9%.

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.