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.3.3%
MissDebt under half of equityNot relying on borrowed money.0.87x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.21.2%
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.$269.8M
MissShare count not growingNot diluting owners. Falling means buybacks.+9.6% in 3 years
Revenue
$454.1M
+5.2% vs prior year
5-year growth
+7.1%/yr
revenue, per year
Total debt
$2.5B
0.87x equity
Free cash flow
$269.8M
59.4% of revenue
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 Jul 29
Revenue
$122.3M
+8.3% YoY
EPS
$0.21
vs $0.10
Free cash flow
$46.4M
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
1.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+8.6%
Institutions added 8.6% to their holdings. 213 bought, 136 sold. 5 quarters of net buying in a row.
Shares held by institutions188.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.9x · $2.7B debt
Shares outstandingLatest reported
192M
Earnings reports
Last 12
Next reportIn 0 days (est.)Estimated from the same quarter last year
Results filedJul 29
Results filedApr 29
Results filedFeb 18
Results filedOct 29, 2025
Results filedJul 30, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days