Is Velo3D, Inc. (VELO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 5.3% / 30% | 0.4% / 30% | 1.4% / 30% | 60.97% / 5% | ✗ NOT HALAL |
| DJIM | 5.3% / 33% | 0.4% / 33% | 1.4% / 33% | 60.97% / 5% | ✗ NOT HALAL |
| MSCI | 17.9% / 33% | 1.4% / 33% | 4.7% / 33% | 60.97% / 5% | ✗ NOT HALAL |
| S&P | 5.3% / 33% | 0.4% / 33% | 1.4% / 33% | 60.97% / 5% | ✗ NOT HALAL |
| FTSE | 17.9% / 33% | 1.4% / 33% | 4.7% / 50% | 60.97% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -16.1% | |
| Operating Margin | -231.0% | |
| Net Margin | -155.2% | |
| Return on Equity (ROE) | -183.4% | |
| Return on Assets (ROA) | -35.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$33M |
| Free Cash Flow | -$33M |
| Total Debt | $16M |
| Debt-to-Equity | 103.7 |
| Current Ratio | 2.3 |
| Total Assets | $89M |
Price & Trading
| Last Close | $10.00 |
| 50-Day MA | $12.98 |
| 200-Day MA | $8.46 |
| Avg Volume | 2.0M |
| Beta | 2.0 |
|
52-Week Range
$1.43
| |
About Velo3D, Inc. (VELO)
Velo3D, Inc. produces and sells metal additive three dimensional printers in the Americas, Europe, and internationally. The company's printers enable the production of components for space rockets, jet engines, fuel delivery systems, and other metal parts, which it sells or leases to customers for use in their businesses. It also offers Flow, a proprietary software platform, which scans part designs for geometrical features; and Sapphire, Sapphire 1MZ, Sapphire XC, and Sapphire XC 1MZ printers. In addition, the company provides Assure, a quality control software platform that includes process metrologies; Flow Developer, a new version of print preparation software that turns traditional design files into print files; and Intelligent Fusion, an underlying manufacturing process that unifies and manages the information flow, sensor data, and the advanced printing technology for precision control of the entire print. Further, it offers Rapid Production Solutions to build resilient supply chains for production parts in different industries; and provides support services. The company serves small- and medium-sized enterprises to Fortune 500 companies in the space, aviation, defense, automotive, energy, and industrial markets. Velo3D, Inc. was founded in 2014 and is headquartered in Fremont, California. Velo3D, Inc. operates as a subsidiary of Arrayed Additive inc.
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Frequently Asked Questions
Is Velo3D, Inc. (VELO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Velo3D, 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 Velo3D, Inc.'s debt ratio?
Velo3D, 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 17.9%.
What are Velo3D, Inc.'s key financial metrics?
Velo3D, Inc. has a market capitalization of $222M, and revenue of $41M. The company maintains a gross margin of -16.1% and a net margin of -155.2%. Return on equity stands at -183.4%.
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.