Clip Money, Inc.
CLIP.CA
$0.15
Closing
▲5.00%
1D
▼-16.00%
YTD
Market cap
$16.13M
52 week high
$0.40
52 week low
$0.13
Volume
90,548
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Market cap
$16.13M
Analysts' Rating
-
Price Target (Mean)
-
Total Analysts
0
P/E
Operating Margin
-1393.45%
Beta
Revenue Growth (Annual)
-
52 week high
$0.40
52 week low
$0.13
Div. Yield
%
EPS Annual Growth
0.00
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
Clip Money, Inc. is a Canada-based infrastructure driven fintech that enables businesses to make cash deposits. The Company operates a multi-bank self-service deposit system for businesses through its ClipDrop Boxes. ClipDrop Boxes give users the capability of making deposits outside of their bank branch at retailers and shopping malls. It also enables businesses to deposit their cash at any ClipDrop Box located near them. After being deposited, the funds will automatically be credited to the business’ bank account, usually within one business day. The Company helps to combine functional hardware, a mobile application, and a cloud-based transaction engine that maximizes business banking transactions. Its Clip Dashboard provides transaction history and reporting, analytics, personnel management, and more. Combined with mobile user applications, Clip Money offers a convenient solution for business banking deposits in metropolitan statistical areas across Canada and the United States.
