The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.5.6%
PassDebt under half of equityNot relying on borrowed money.0.47x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.9%
MissProfitable every yearSteady profits, not one good year.5 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$259.0M
PassShare count not growingNot diluting owners. Falling means buybacks.-21.3% in 3 years
Revenue
$6.8B
+43.2% vs prior year
5-year growth
-4.5%/yr
revenue, per year
Total debt
$3.2B
0.47x equity
Free cash flow
$259.0M
3.8% 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 Aug 5
Revenue
$1.6B
+86.2% YoY
EPS
$16.53
vs $1.02
Free cash flow
-$431.0M
Share count
+0.2%
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
0.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-0.9%
Institutions cut 0.9% from their holdings. 180 bought, 170 sold.
Shares held by institutions52.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-4.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.5x · $3.2B debt
Shares outstandingLatest reported
58M
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 6
Results filedFeb 23
Results filedNov 7, 2025
Results filedNov 6, 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.