ON24 INC. (ONTF) Financial Ratio Screen

NYSE Technology United States USD 347M
RATIOS FAIL*
Automated financial screen · activity assessed separately
ON24 INC. (ONTF) is potentially non-compliant in the automated ratio model. While the debt ratio of 2.4% is acceptable, the cash and interest-bearing securities ratio of 73.4% exceeds the 30% threshold. ON24 INC. operates in the Technology sector.

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MSCI new-inclusion financial-ratio snapshot

ONTF financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
2.4%
Pass vs 30%
Cash ratio
73.4%
Fail vs 30%
Receivables + cash
84.2%
Fail vs 30%
Impermissible income
4.5%
Pass vs 5%

Calculation date: 2026-09-01. Financial period used: December 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2025Calculation date2026-09-01S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Software - Application) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: ON24, Inc. provides a cloud-based intelligent engagement platform that offers interactive and personalized digital experience products to create and capture data from professionals to provide businesses with buying signals and behavioral insights to convert prospects into customers worldwide. It offers ON24 Elite for live and interactive webinar experience; ON24 Breakouts for live breakout room experience; ON24 Forums for live and interactive experience; and ON24 Go Live for live and interactive video event experience that enables presenters and attendees to engage face-to-face in real-time. The company also provides ON24 Engagement Hub for always-on multimedia content experience; ON24 Target for personalized and curated landing page experience; ON24 Intelligence for analytics backbone that captures first-person data to power the insights, benchmarking, and reporting; ON24 AI-powered ACE for enabling hyper-personalization at scale across ON24 experiences; ON24 Connect for ecosystem of third-party application integrations; and ON24 Services and Platform Support, which provides a portfolio of professional services that provide consulting and support for product and platform adoption. In addition, it offers consulting services, such as experience management, monitoring and production, implementation, and support services, and ON24 Virtual Conference which engages prospective customers. The company sells its products through direct sales. It serves technology, financial services, healthcare, industrial and manufacturing, professional services, and business-to-business information service companies. It has a strategic partnership with Performars to allow companies across the life sciences, IT, finance, and electronics sectors to launch webinars and virtual events. The company was formerly known as NewsDirect, Inc. and changed its name to ON24, Inc. in December 1998. ON24, Inc. was incorporated in 1998 and is headquartered in San Francisco, California.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 2.4%
/ 30%
73.4%
/ 30%
84.2%
/ 30%
4.54%
/ 5%
RATIOS FAIL*
FTSE 2.4%
/ 33%
73.4%
/ 33%
84.2%
/ 50%
4.54%
/ 5%
RATIOS FAIL*

Financial Highlights

EPS
$-0.68
P/B Ratio
2.5
EV/EBITDA
-6.7
EV: $185M
Revenue
$139M
Growth: -5.6%
Beta
0.7
Low volatility
Current Ratio
2.5

Profitability

Gross Margin 75.1%
Operating Margin -18.4%
Net Margin -20.7%
Return on Equity (ROE) -19.3%
Return on Assets (ROA) -8.4%

Cash Flow & Balance Sheet

Operating Cash Flow$7M
Free Cash Flow$4M
Total Debt$6M
Debt-to-Equity4.1
Current Ratio2.5
Total Assets$228M

Price & Trading

Last Close$8.10
50-Day MA$7.99
200-Day MA$6.24
Avg Volume526K
Beta0.7
52-Week Range
$4.35
$8.11

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About ON24 INC. (ONTF)

CEO
Mr. Sharat Sharan
Employees
391
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NYSE
Market Cap (listing currency)
USD 347M
Currency
USD

ON24, Inc. provides a cloud-based intelligent engagement platform that offers interactive and personalized digital experience products to create and capture data from professionals to provide businesses with buying signals and behavioral insights to convert prospects into customers worldwide. It offers ON24 Elite for live and interactive webinar experience; ON24 Breakouts for live breakout room experience; ON24 Forums for live and interactive experience; and ON24 Go Live for live and interactive video event experience that enables presenters and attendees to engage face-to-face in real-time. The company also provides ON24 Engagement Hub for always-on multimedia content experience; ON24 Target for personalized and curated landing page experience; ON24 Intelligence for analytics backbone that captures first-person data to power the insights, benchmarking, and reporting; ON24 AI-powered ACE for enabling hyper-personalization at scale across ON24 experiences; ON24 Connect for ecosystem of third-party application integrations; and ON24 Services and Platform Support, which provides a portfolio of professional services that provide consulting and support for product and platform adoption. In addition, it offers consulting services, such as experience management, monitoring and production, implementation, and support services, and ON24 Virtual Conference which engages prospective customers. The company sells its products through direct sales. It serves technology, financial services, healthcare, industrial and manufacturing, professional services, and business-to-business information service companies. It has a strategic partnership with Performars to allow companies across the life sciences, IT, finance, and electronics sectors to launch webinars and virtual events. The company was formerly known as NewsDirect, Inc. and changed its name to ON24, Inc. in December 1998. ON24, Inc. was incorporated in 1998 and is headquartered in San Francisco, California.

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Frequently Asked Questions

Is ON24 INC. (ONTF) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is ON24 INC.'s debt ratio?

ON24 INC.'s debt ratio is 2.4% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are ON24 INC.'s key financial metrics?

ON24 INC. has a market capitalization of USD 347M in its listing currency, and revenue of $139M. The company maintains a gross margin of 75.1% and a net margin of -20.7%. Return on equity stands at -19.3%.

How often is the screening data updated?

Calculation date: 2026-09-01. Financial period: December 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

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.