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.5.8%
PassDebt under half of equityNot relying on borrowed money.0.48x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.1.0%
MissProfitable every yearSteady profits, not one good year.2 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$33.9M
MissGross margin 40%+Pricing power: sells for well above what it costs to make.21.4%
Revenue
$1.7B
+6.5% vs prior year
5-year growth
+4.0%/yr
revenue, per year
Total debt
$138.4M
0.48x equity
Current ratio
1.42x
short-term assets / bills due
From annual reports filed with the SEC. 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.
Latest quarter
Quarter ended Aug 1, 2026
Reported Sep 8
Revenue
$290.6M
+0.8% YoY
EPS
-$0.37
vs -$0.54
Op. margin
-5.9%
+2.1 pts
Gross margin
19.6%
+0.4 pts
Free cash flow
-$56.4M
Share count
+1.4%
vs a year ago
Insider rating
Last 90 days
49Mixed
1 insider sold $25K (not pre-planned)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
42/ 100
This week
1
Normal week
1.4
vs normal
0.7x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+8.3%
Institutions added 8.3% to their holdings. 63 bought, 38 sold. 3 quarters of net buying in a row.
Shares held by institutions26.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+9.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.4x · $123.5M debt
Shares outstandingLatest reported
35M
Why high risk
Share count growing 9.5% a year
Late quarterly report notice
Past financials no longer reliable
Earnings reports
Last 12
Next reportAround Nov 24 (est.)Estimated from the same quarter last year
Results filedSep 8
Results filedJul 9
Results filedJun 24
Results filedMar 10
Results filedJan 20
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days