The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/5Strong
MissReturn on equity 15%+Earns a lot on the money owners have in the business.4.9%
PassDebt under half of equityNot relying on borrowed money.0.21x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.66.4%
PassProfitable every yearSteady profits, not one good year.5 of 5 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$17.1M
Revenue
$101.2M
+25.8% vs prior year
Total debt
$292.1M
0.21x equity
Free cash flow
$17.1M
16.9% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: share count not growing. A checklist is a starting point for research, not a verdict.
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
67/ 100
This week
1
Normal week
0.5
vs normal
2.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-19.8%
Institutions cut 19.8% from their holdings. 0 bought, 5 sold. 4 quarters of net selling in a row.
Shares held by institutions261K
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
0.2x · $292.1M debt
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.