Veeva Systems Inc.

Halal Rating :
Comfortable
Last Price $236
Market Cap $38.56b
1D Change

-0.16 %

1 Year Change

32.08 %

Next Earnings Date

Yet to be announced

Company Overview

Veeva Systems Inc. provides cloud-based software solutions for the global life sciences industry. The company offers various software applications and platforms that help pharmaceutical and biotechnology companies manage regulatory requirements, clinical trials, and commercial operations. Their main products include Veeva Commercial Cloud for customer relationship management and Veeva Vault for content management, regulatory submissions, and clinical data management.

Revenue Sources

Pass

Based on analysis of Veeva's primary revenue sources, the company generates income from providing software solutions and cloud-based services to life sciences companies. Their revenue streams come from subscription services and professional services, which are halal business activities. There is no evidence of revenue from haram sources such as alcohol, gambling, or interest-based activities.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Jan. 31, 2025 $720.89m $532.46m - - 0.00% 0.00%
Oct. 31, 2024 $699.21m $517.85m - - 0.00% 0.00%
July 31, 2024 $676.18m $509.69m - - 0.00% 0.00%
April 30, 2024 $650.35m $495.17m - - 0.00% 0.00%

Based on the financial data for the last four quarters, Veeva Systems shows zero interest income and zero interest expense across all periods. The company operates with minimal to no debt and does not rely on interest-based income or financing for its operations.

Operational Ethics

Pass

After reviewing company documents and public information, there is no evidence of material ongoing associations with the state of Israel or the Chinese Communist Party. While the company serves global clients, there are no documented concerns regarding significant ties to entities involved in human rights violations.

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