Nuzee Inc
0.0 %
-61.65 %
Yet to be announced
Company Overview
NuZee, Inc. is a specialty coffee company that produces and sells various coffee products. The company primarily focuses on single-serve pour-over coffee, tea, and cold brew coffee products. They partner with coffee brands and retailers to provide co-packing solutions for single-serve coffee formats. Their main business activities involve the production and distribution of coffee products and related beverages.
Revenue Sources
Based on the company's financial statements and business operations, NuZee's revenue comes primarily from coffee-related products and co-packing services. These are halal sources of income. There is no evidence of revenue from haram sources such as alcohol, gambling, or other prohibited activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| June 30, 2024 | $366,888 | $1.85m | - | $109 | 0.00% | 0.01% |
| March 31, 2024 | $605,761 | $2.22m | - | $482 | 0.00% | 0.02% |
| Dec. 31, 2023 | $1.35m | $3.5m | - | $516 | 0.00% | 0.01% |
| Sept. 30, 2023 | $1.16m | $4.01m | - | $243 | 0.00% | 0.01% |
Looking at the last four quarters, the company's interest expense has been minimal relative to total expenses. Interest expenses were $109, $482, $516, and $243 against total expenses of $1.8M, $2.2M, $3.5M, and $4.0M respectively. The interest expense ratio is consistently well below the 5% threshold.
Operational Ethics
Based on available information from SEC filings and company reports, there is no evidence of significant associations with entities involved in human rights violations. The company primarily operates in the United States and has partnerships with various coffee brands, but none that indicate ties to problematic entities or regimes.
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