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.-22.1%
MissDebt under half of equityNot relying on borrowed money.2.24x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-23.8%
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$278.1M
PassShare count not growingNot diluting owners. Falling means buybacks.+0.9% in 3 years
Revenue
$1.5B
-4.9% vs prior year
5-year growth
+2.5%/yr
revenue, per year
Total debt
$3.2B
2.24x equity
Current ratio
0.40x
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 6
Revenue
$348.9M
-8.4% YoY
EPS
-$204.35
vs -$77.70
Op. margin
-150.4%
-22.0 pts
Free cash flow
$46.9M
Share count
+1.1%
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
0/ 100
This week
0
Normal week
1.1
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-5.1%
Institutions cut 5.1% from their holdings. 78 bought, 103 sold. 2 quarters of net selling in a row.
Shares held by institutions5.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
9.4x · $3.1B debt
Shares outstandingLatest reported
6M
Why elevated risk
Losing money, losses are large next to sales
High debt: 9.36x equity
Bills due within a year exceed short-term assets
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedJul 9
Results filedApr 30
Results filedFeb 26
Results filedNov 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days