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.4.1%
MissDebt under half of equityNot relying on borrowed money.0.96x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.2.8%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$147.4M
PassShare count not growingNot diluting owners. Falling means buybacks.-9.2% in 3 years
Revenue
$723.2M
+0.6% vs prior year
5-year growth
+5.7%/yr
revenue, per year
Total debt
$455.0M
0.96x equity
Current ratio
1.87x
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
$179.9M
+0.7% YoY
EPS
$0.25
vs $0.11
Op. margin
15.5%
+7.0 pts
Free cash flow
$15.3M
Share count
-11.3%
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
76/ 100
This week
2
Normal week
0.6
vs normal
3.2x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-3.6%
Institutions cut 3.6% from their holdings. 87 bought, 101 sold. 3 quarters of net selling in a row.
Shares held by institutions55.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-6.9%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.0x · $447.1M debt
Shares outstandingLatest reported
54M
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 7
Results filedApr 9
Results filedFeb 26
Results filedNov 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days