Broadridge Financial Solutions
-0.36 %
19.4 %
Yet to be announced
Company Overview
Broadridge Financial Solutions provides investor communications and technology-driven solutions for the financial services industry. The Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds. The Global Technology and Operations segment offers desktop productivity tools, data aggregation, performance reporting, portfolio management, and portfolio accounting and custody-related services. The company was founded in 1962 and is headquartered in Lake Success, New York.
Revenue Sources
PassBased on review of Broadridge's SEC filings and financial statements, the company's primary revenue sources come from technology services, communications solutions, and data processing for financial institutions. These activities involve facilitating legitimate business transactions and information processing rather than gambling or prohibited activities. The company does not derive material revenue from interest-based lending, alcohol, tobacco, gambling, or other haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $1.81b | $1.47b | - | - | 0.00% | 0.00% |
| Dec. 31, 2024 | $1.59b | $1.38b | - | - | 0.00% | 0.00% |
| Sept. 30, 2024 | $1.42b | $1.29b | - | - | 0.00% | 0.00% |
| June 30, 2024 | $1.94b | $1.5b | - | - | 0.00% | 0.00% |
Analysis of the company's financial statements for the past four quarters shows zero interest income and zero interest expense reported. The company's operational model is focused on providing technology and communications solutions rather than interest-based financial activities. The lack of interest income/expense in their financial statements indicates that interest is not material to their business model.
Operational Ethics
PassReview of Broadridge's public disclosures, operations, and business relationships does not reveal any significant ongoing associations with entities involved in human rights violations. While the company operates globally, there is no evidence of material ties to the state of Israel or direct involvement with the Chinese Communist Party that would raise concerns.
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