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.5.1%
PassDebt under half of equityNot relying on borrowed money.0.22x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.2.6%
MissProfitable every yearSteady profits, not one good year.5 of 6 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$33.4M
MissShare count not growingNot diluting owners. Falling means buybacks.+43.3% in 3 years
Revenue
$490.0M
+14.9% vs prior year
5-year growth
+32.1%/yr
revenue, per year
Total debt
$57.6M
0.22x equity
Current ratio
0.99x
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 Jun 30, 2026
Reported Aug 10
Revenue
$146.1M
+19.7% YoY
EPS
$0.14
vs $0.34
Op. margin
5.6%
-1.8 pts
Gross margin
53.2%
-0.5 pts
Free cash flow
-$15.3M
Share count
+0.1%
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
52/ 100
This week
2
Normal week
1.8
vs normal
1.1x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.7%
Institutions added 3.7% to their holdings. 77 bought, 52 sold.
Shares held by institutions11.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+5.9%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.2x · $45.1M debt
Shares outstandingLatest reported
17M
Why low risk
Share count growing 5.9% a year
Earnings reports
Last 12
Next reportAround Nov 4 (est.)Estimated from the same quarter last year
Results filedAug 10
Results filedMay 5
Results filedMar 4
Results filedNov 5, 2025
Results filedAug 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days