The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.0.8%
MissDebt under half of equityNot relying on borrowed money.0.84x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.1%
MissProfitable every yearSteady profits, not one good year.7 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$167.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+35.9% in 3 years
Revenue
$410.8M
+14.2% vs prior year
5-year growth
+10.4%/yr
revenue, per year
Total debt
$1.9B
0.84x equity
Free cash flow
$167.0M
40.7% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 28
Revenue
$95.4M
-5.1% YoY
EPS
$0.05
vs $0.01
Op. margin
23.8%
+23.0 pts
Free cash flow
$58.3M
Share count
+2.2%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
0.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.7%
Institutions added 3.7% to their holdings. 152 bought, 86 sold.
Shares held by institutions165.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+13.0%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.7x · $1.6B debt
Shares outstandingLatest reported
137M
Why moderate risk
Share count growing 13% a year (dilution)
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportIn 0 days (est.)Estimated from the same quarter last year
Results filedJul 28
Results filedMay 13
Results filedApr 28
Results filedFeb 10
Results filedOct 28, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days