VeriFone Systems Inc
0.0 %
103.03 %
Yet to be announced
Company Overview
Note: VeriFone Systems Inc was acquired by Francisco Partners in August 2018 and is no longer publicly traded. The company delisted from NYSE where it traded under the ticker PAY.
VeriFone Systems Inc was a provider of technology for electronic payment transactions and value-added services at the point-of-sale. The company designed, marketed, and supplied electronic payment solutions that enable secure electronic payments among consumers, merchants, and financial institutions.
Revenue Sources
The company's primary revenue came from providing payment processing technology and services, which is halal as it involves the facilitation of legitimate commerce. Their business model was based on selling payment terminals and providing related services, not from gambling or other haram activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $231.57m | $219.48m | - | - | 0.00% | 0.00% |
| June 30, 2024 | $197.42m | $187.19m | - | - | 0.00% | 0.00% |
| March 31, 2024 | $184.88m | $176.53m | - | - | 0.00% | 0.00% |
| Dec. 31, 2023 | $164.8m | $155.66m | - | - | 0.00% | 0.00% |
Based on the financial data provided, the company reported zero interest income and zero interest expense across all four quarters. This indicates that interest-bearing activities were not a significant part of their business model.
Operational Ethics
There is insufficient information to make a definitive determination about the company's associations with human rights violators during its time as a public company.
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