Is Veritone, Inc. (VERI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 43.8% / 30% | 6.2% / 30% | 12.0% / 30% | 0.09% / 5% | ✗ NOT HALAL |
| DJIM | 43.8% / 33% | 6.2% / 33% | 12.0% / 33% | 0.09% / 5% | ✗ NOT HALAL |
| MSCI | 60.5% / 33% | 8.5% / 33% | 16.6% / 33% | 0.09% / 5% | ✗ NOT HALAL |
| S&P | 43.8% / 33% | 6.2% / 33% | 12.0% / 33% | 0.09% / 5% | ✗ NOT HALAL |
| FTSE | 60.5% / 33% | 8.5% / 33% | 16.6% / 50% | 0.09% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 67.8% | |
| Operating Margin | -38.0% | |
| Net Margin | -42.6% | |
| Return on Assets (ROA) | -18.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$25M |
| Free Cash Flow | -$31M |
| Total Debt | $120M |
| Debt-to-Equity | 729.9 |
| Current Ratio | 1.3 |
| Total Assets | $198M |
Price & Trading
| Last Close | $2.61 |
| 50-Day MA | $3.19 |
| 200-Day MA | $3.75 |
| Avg Volume | 2.1M |
| Beta | 2.3 |
|
52-Week Range
$1.22
| |
About Veritone, Inc. (VERI)
Veritone, Inc., together with its subsidiaries, engages in the provision of artificial intelligence (AI) computing solutions and services in the United States, the United Kingdom, France, Australia, Israel, and India. It develops and operates aiWARE platform, an AI operating system, that uses machine learning algorithms or AI models designed to mimic human cognitive functions, such as perception, prediction, and problem solving and optimization, as well as enables users to transform unstructured data into structured data, analyze and optimize data to drive business processes and insights. The company offers cloud-native digital content management solutions; software products and services to commercial enterprise and public sector customers; and managed services. It serves media and entertainment, government, legal and compliance, energy, and other vertical markets. The company has a strategic partnership with LeoSight for the development of an AI-based public safety platform. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was incorporated in 2014 and is headquartered in Denver, Colorado.
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Frequently Asked Questions
Is Veritone, Inc. (VERI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Veritone, 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 Veritone, Inc.'s debt ratio?
Veritone, Inc.'s debt ratio is 43.8% 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 60.5%.
What are Veritone, Inc.'s key financial metrics?
Veritone, Inc. has a market capitalization of $169M, and revenue of $93M. The company maintains a gross margin of 67.8% and a net margin of -42.6%.
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.