The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-5.0%
MissDebt under half of equityNot relying on borrowed money.1.27x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-3.2%
MissProfitable every yearSteady profits, not one good year.4 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$43.9M
PassShare count not growingNot diluting owners. Falling means buybacks.-3.4% in 3 years
Revenue
$728.0M
-0.2% vs prior year
5-year growth
+9.8%/yr
revenue, per year
Total debt
$565.2M
1.27x equity
Current ratio
1.25x
short-term assets / bills due
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 Aug 6
Revenue
$184.5M
+1.8% YoY
EPS
$10.71
vs -$0.56
Op. margin
129.9%
+129.8 pts
Free cash flow
$6.5M
Share count
+1.6%
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
1.7
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.0%
Institutions added 4.0% to their holdings. 74 bought, 49 sold. 2 quarters of net buying in a row.
Shares held by institutions9.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-0.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.9x · $513.3M debt
Shares outstandingLatest reported
15M
Why low risk
Losing money
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 7
Results filedMar 5
Results filedNov 6, 2025
Results filedAug 8, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days