The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.15.7%
MissDebt under half of equityNot relying on borrowed money.1.58x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.5.0%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$372.9M
PassShare count not growingNot diluting owners. Falling means buybacks.-3.7% in 3 years
Revenue
$2.9B
+30.0% vs prior year
5-year growth
+7.4%/yr
revenue, per year
Total debt
$1.5B
1.58x equity
Free cash flow
$372.9M
12.7% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 30
Revenue
$845.5M
+7.8% YoY
EPS
$0.15
vs $0.11
Free cash flow
$156.7M
Share count
-1.2%
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
0.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.4%
Institutions added 3.4% to their holdings. 206 bought, 131 sold. 2 quarters of net buying in a row.
Shares held by institutions310.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+6.9%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.4x · $1.5B debt
Shares outstandingLatest reported
479M
Why low risk
Share count growing 6.9% a year
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedJul 30
Results filedMay 7
Results filedFeb 12
Results filedNov 6, 2025
Results filedJul 31, 2025
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.