Accolade, Inc.

Halal Rating :
Comfortable
Last Price $7.0
Market Cap $572.73m
1D Change

-0.07 %

1 Year Change

5.16 %

Next Earnings Date

Yet to be announced

Company Overview

Accolade, Inc. is a healthcare technology company that provides personalized health and benefits solutions to employees and their families through their employers. The company offers navigation and advocacy services, expert medical opinion services, and virtual primary care services. Their platform combines technology and human expertise to help members better understand and utilize their healthcare benefits.

Revenue Sources

Pass

Based on analysis of Accolade's business model and revenue sources, the company generates its primary revenue from providing healthcare navigation and advocacy services to employers and their employees. These services are halal as they provide legitimate value through healthcare support and guidance. There is no evidence of revenue from gambling, alcohol, tobacco, or other haram sources.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Nov. 30, 2024 $105.06m $227.38m - - 0.00% 0.00%
Aug. 31, 2024 $106.36m $131.5m - - 0.00% 0.00%
May 31, 2024 $110.47m $139.51m - - 0.00% 0.00%
Feb. 29, 2024 $124.83m $132.73m - - 0.00% 0.00%

Analysis of the company's financial statements over the past four quarters shows that Accolade reported zero interest income and zero interest expense across all periods. This indicates that interest-bearing activities are not material to the company's operations.

Operational Ethics

Pass

Based on available information from company disclosures and public sources, there is no evidence of current material associations with the state of Israel, Chinese Communist Party, or other entities involved in human rights violations.

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