VeriSign, Inc.
-1.13 %
57.76 %
Yet to be announced
Company Overview
VeriSign provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. It enables the security, stability, and resiliency of internet infrastructure and services. The company also operates distributed servers, networking, security, and data integrity services.
Revenue Sources
PassVeriSign's primary revenue comes from domain name registry services and internet infrastructure services, which are halal activities. The company's business model revolves around providing essential internet services and does not involve any haram activities like gambling, alcohol, or interest-based financial services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $402.3m | $151.4m | - | $20.3m | 0.00% | 13.41% |
| Dec. 31, 2024 | $395.4m | $150.4m | - | $18.8m | 0.00% | 12.50% |
| Sept. 30, 2024 | $390.6m | $140.2m | - | $18.9m | 0.00% | 13.48% |
| June 30, 2024 | $387.1m | $139.7m | - | $18.8m | 0.00% | 13.46% |
Based on the financial data from the last four quarters, VeriSign's interest expense ratio relative to total expenses has been consistent but not material. The company's core business is not dependent on interest-based income, and the interest expenses are related to normal business operations rather than interest-based lending.
Operational Ethics
PassAfter reviewing VeriSign's operations and public disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's global operations appear to be focused on providing technical infrastructure services without controversial political alignments.
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