Is FiscalNote Holdings, Inc. (NOTE) Halal?

NYSE Technology United States $10M
✗ NOT HALAL
Confidence: 90/100
FiscalNote Holdings, Inc. (NOTE) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 1146.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. FiscalNote Holdings, Inc. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 1146.8%
/ 30%
229.5%
/ 30%
89.3%
/ 30%
54.53%
/ 5%
✗ NOT HALAL
DJIM 1146.8%
/ 33%
229.5%
/ 33%
89.3%
/ 33%
54.53%
/ 5%
✗ NOT HALAL
MSCI 53.0%
/ 33%
10.6%
/ 33%
4.1%
/ 33%
54.53%
/ 5%
✗ NOT HALAL
S&P 1146.8%
/ 33%
229.5%
/ 33%
89.3%
/ 33%
54.53%
/ 5%
✗ NOT HALAL
FTSE 53.0%
/ 33%
10.6%
/ 33%
4.1%
/ 50%
54.53%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-4.65
P/B Ratio
0.1
EV/EBITDA
-4.6
EV: $129M
Revenue
$120M
Growth: -24.7%
Beta
0.6
Low volatility
Current Ratio
1.0

Profitability

Gross Margin 77.8%
Operating Margin -27.9%
Net Margin -68.4%
Return on Equity (ROE) -81.7%
Return on Assets (ROA) -8.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$5M
Free Cash Flow-$14M
Total Debt$173M
Debt-to-Equity243.9
Current Ratio1.0
Total Assets$326M

Price & Trading

Last Close$0.53
50-Day MA$1.13
200-Day MA$3.83
Avg Volume542K
Beta0.6
52-Week Range
$0.49
$10.32

About FiscalNote Holdings, Inc. (NOTE)

CEO
Mr. Joshua W. Resnik
Sector
Technology
Industry
Information Technology Services
Country
United States
Exchange
NYSE
Market Cap
$10M
Currency
USD

FiscalNote Holdings, Inc. operates as a technology provider for global policy and market intelligence in North America, Europe, Australia, and Asia. The company delivers legal and policy insights in political, regulatory, and macroeconomic environments by combining artificial intelligence and other technologies with analytics and workflow tools. It also provides data and information that enables customers to manage policy change, address regulatory developments, and mitigate policy risk; and offers intelligence through its suite of public policy and issues management products, as well as provides powerful tools to manage workflows, advocacy campaigns, and constituent relationships. The company serves global enterprises, midsized and smaller businesses, government institutions, trade groups, and nonprofits. FiscalNote Holdings, Inc. was founded in 2013 and is headquartered in Washington, the District of Columbia.

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Frequently Asked Questions

Is FiscalNote Holdings, Inc. (NOTE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FiscalNote Holdings, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is FiscalNote Holdings, Inc.'s debt ratio?

FiscalNote Holdings, Inc.'s debt ratio is 1146.8% 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 53.0%.

What are FiscalNote Holdings, Inc.'s key financial metrics?

FiscalNote Holdings, Inc. has a market capitalization of $10M, and revenue of $120M. The company maintains a gross margin of 77.8% and a net margin of -68.4%. Return on equity stands at -81.7%.

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.