Sabio Holdings Inc

SBIO.V

Not Compliant
Exchange
Sector
Headquarters
Group
Canadian Ventures Exchange
Technology
United States of America

Sabio Holdings Inc is not Shariah Compliant because it fails the financial ratios.

-

Impure Income*

$0.132

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
#N/A%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth

Shariah Compliance

Debt
100%
Non-Compliant Assets
7.88%
Impure Income

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
70.69%
Impure Income

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
68.7%
Impure Income

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
68.4%
Cash
9.7%
Cash & AR
69.23%
Impure Income

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
68.4%
Cash
9.7%
Cash & AR
69.23%
Impure Income

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
-

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Sabio Holdings Inc. is an ad-tech company that helps brands reach, engage and validate (R.E.V.) ad-supported streaming audiences. The Company provides solutions for content publishers and advertisers in the connected TV and ad-supported streaming space. It consists of an ad-serving technology platform that partners with ad-supported streaming platforms and apps in the world and App Science, a non-cookie-based software as a service (SAAS) analytics and insights platform with artificial intelligence (AI) natural language capabilities. The Company’s solutions include CTV advertising, creative ad units and audience-first measurement. Its CTV advertising solution includes custom CTV and over the top (OTT) advertising solutions for general market and niche audiences and integrated tech stack deliveries. Its creative ad units solution produces ad units for CTV and OTT. Creator Television (Creator TV), the Company’s owned-and-operated free ad-supported television (FAST) channel.