BlackBerry Limited

Halal Rating :
Comfortable
Last Price $3.8
Market Cap $2.27b
1D Change

-0.78 %

1 Year Change

41.79 %

Next Earnings Date

Yet to be announced

Company Overview

BlackBerry Limited is a software company that provides intelligent security software and services to enterprises and governments around the world. The company has transformed from a smartphone manufacturer to focus on cybersecurity, endpoint management, and embedded systems. Their main products include BlackBerry Spark for endpoint security, BlackBerry QNX for embedded systems in automotive and other industries, and BlackBerry AtHoc for secure communications.

Revenue Sources

Pass

Based on BlackBerry's financial reports and business model, their revenue primarily comes from cybersecurity solutions, IoT services, and licensing of software and intellectual property. These are all halal sources of income as they involve the exchange of legitimate products and services.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Feb. 28, 2025 $102.9m $61.1m - - 0.00% 0.00%
Nov. 30, 2024 $143.0m $124.0m - - 0.00% 0.00%
Aug. 31, 2024 $145.0m $166.0m - - 0.00% 0.00%
May 31, 2024 $144.0m $183.0m - - 0.00% 0.00%

According to the financial data provided for the last four quarters, BlackBerry reported zero interest income and zero interest expense. This indicates that interest-bearing activities are not material to the company's operations.

Operational Ethics

Pass

After reviewing BlackBerry's operations and partnerships, there is no evidence of current material associations with the state of Israel or the Chinese Communist Party. The company maintains global operations but primarily focuses on North American and European markets.

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