How much of GoPro’s revenue comes from haram?

GoPro generates its revenue from selling cameras, drones, mountable and wearable camera accessories, and through its subscription services that offer its customers’ camera replacement and damage protection, photo and video editing solutions, and cloud storage solutions.

Practical Islamic Finance concludes:

None of GoPro’s revenue comes from anything inherently haram.

Does GoPro rely on interest to operate?

Year-to-Date
for period ended
6/30/2021
Fiscal year
ended
12/31/2020
Fiscal year
ended
12/31/2019
Interest Income
Total Revenue$453,266$891,925$1,194,651
Interest Expense $11,412$20,257$18,683
Total Expenses$447,276$928,744$1,196,984
Interest Income / Revenue
Interest Expense / Total Expense2.55%2.18%1.56%
*Numbers in thousands, U.S. dollars

Practical Islamic Finance concludes:

Riba is used but not relied upon in GoPro’s operations.

What is GoPro’s Environmental, Social, and Governance (ESG) impact?

Environment

No notable environmental highlights.

Social

GoPro has an impressively high Glassdoor rating of 4.2 out of 5.0 from over 300 current and previous employees compared to a 3.3 average for all other Glassdoor rated companies.

Governance

No notable governance highlights.

Practical Islamic Finance concludes:

GoPro has a net positive ESG impact.

Comfort Rating

From GoPro’s business, financial, and ESG reviews, Practical Islamic Finance rates GoPro stock as: 

Comfortable to invest in from a Halal perspective.

Sources

GoPro Q2 2021 10-Q 

GoPro 2020 10-K 

GoPro Reviews