The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/4Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.171.6%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.5.8%
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$158.0M
MissGross margin 40%+Pricing power: sells for well above what it costs to make.37.6%
Revenue
$1.7B
+13.3% vs prior year
Current ratio
1.40x
short-term assets / bills due
Free cash flow
$158.0M
9.2% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity, profitable every year, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 13
Revenue
$476.8M
+6.6% YoY
EPS
$0.34
vs $0.18
Op. margin
22.2%
+1.2 pts
Gross margin
39.8%
+0.8 pts
Free cash flow
$57.6M
Share count
+16.4%
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
2.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.5%
Institutions added 1.5% to their holdings. 96 bought, 67 sold.
Shares held by institutions198.7M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Total liabilities $2.4B
Shares outstandingLatest reported
199M
Why low risk
2 offering filings in 6 months (may sell new shares)