The checklist Warren Buffett-style investors use. Annual numbers for 2025.
6/6Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.31.6%
PassDebt under half of equityNot relying on borrowed money.0.46x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.22.4%
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.$19.2M
PassShare count not growingNot diluting owners. Falling means buybacks.-15.0% in 3 years
Revenue
$98.0M
+16.7% vs prior year
5-year growth
+9.8%/yr
revenue, per year
Total debt
$35.2M
0.46x equity
Current ratio
1.88x
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 Jul 31, 2026
Reported Sep 11
Revenue
$30.8M
+52.9% YoY
EPS
$0.08
vs $0.06
Op. margin
24.1%
+0.9 pts
Free cash flow
$2.7M
Share count
-4.4%
vs a year ago
Insider rating
Last 90 days
44Mixed
1 insider bought $61K
1 insider sold $236K (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
0/ 100
This week
0
Normal week
1.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-2.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.3x · $28.0M debt
Shares outstandingLatest reported
64M
Earnings reports
Last 12
Next reportAround Dec 10 (est.)Estimated from the same quarter last year
Results filedSep 11
Results filedJul 8
Results filedMar 12
Results filedDec 11, 2025
Results filedSep 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.