Is Usio, Inc. (USIO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 10.6% / 30% | 22.0% / 30% | 17.9% / 30% | 0.56% / 5% | ✓ HALAL |
| DJIM | 10.6% / 33% | 22.0% / 33% | 17.9% / 33% | 0.56% / 5% | ✓ HALAL |
| MSCI | 3.6% / 33% | 7.5% / 33% | 6.1% / 33% | 0.56% / 5% | ✓ HALAL |
| S&P | 10.6% / 33% | 22.0% / 33% | 17.9% / 33% | 0.56% / 5% | ✓ HALAL |
| FTSE | 3.6% / 33% | 7.5% / 33% | 6.1% / 50% | 0.56% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 23.1% | |
| Operating Margin | -5.7% | |
| Net Margin | -2.9% | |
| Return on Equity (ROE) | -13.6% | |
| Return on Assets (ROA) | -1.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3M |
| Free Cash Flow | $2M |
| Total Debt | $4M |
| Debt-to-Equity | 21.7 |
| Current Ratio | 1.1 |
| Total Assets | $107M |
Price & Trading
| Last Close | $1.12 |
| 50-Day MA | $1.30 |
| 200-Day MA | $1.44 |
| Avg Volume | 48K |
| Beta | 1.3 |
|
52-Week Range
$1.03
| |
About Usio, Inc. (USIO)
Usio, Inc., together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing for fund transfers; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services includes represented check and check conversion for electronic payment facilitation. In addition, the company offers integrated electronic payment processing services to merchants and businesses, including credit, and debit card-based processing services and electronic funds transfer through the ACH network. In addition, it offers merchant account services for the processing of card-based transactions through the VISA, MasterCard, American Express, and Discover supported by online and physical terminal access. Further, it provides a proprietary platform, enabling businesses to handle both e-checks and card payments; and an interactive voice response telephone system to companies, which accept payments directly from consumers over the telephone using e-checks or credit cards. Additionally, the company offers prepaid and incentive card issuance services; and operates a payment facilitation platform, as well as provides additional services, such as electronic bill presentment, document composition, document decomposition, and printing and mailing services for various industry verticals, including utilities and financial institutions. It markets and sells ACH products and services primarily through resellers; and prepaid card program directly to government entities, corporations, and to consumers through the internet. The company was formerly known as Payment Data Systems, Inc. and changed its name to Usio, Inc. in June 2019. Usio, Inc. was incorporated in 1998 and is headquartered in San Antonio, Texas.
Purification Calculator
As a halal stock with 0.56% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Usio, Inc. (USIO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Usio, 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 Usio, Inc.'s debt ratio?
Usio, Inc.'s debt ratio is 10.6% 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 3.6%.
Does Usio, Inc. require dividend purification?
Yes, Usio, Inc. has an impermissible income ratio of 0.56%, which means 0.56% 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 Usio, Inc.'s key financial metrics?
Usio, Inc. has a market capitalization of $31M, and revenue of $83M. The company maintains a gross margin of 23.1% and a net margin of -2.9%. Return on equity stands at -13.6%.
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.