The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.1.1%
MissDebt under half of equityNot relying on borrowed money.1.24x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.2%
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.$56.4M
MissShare count not growingNot diluting owners. Falling means buybacks.+13.7% in 3 years
Revenue
$121.2M
+4.7% vs prior year
5-year growth
+9.9%/yr
revenue, per year
Total debt
$532.2M
1.24x equity
Free cash flow
$56.4M
46.6% 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 Aug 4
Revenue
$31.2M
+7.4% YoY
EPS
$0.06
vs -$0.50
Free cash flow
$17.5M
Share count
+0.8%
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
0.8
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.7%
Institutions added 0.7% to their holdings. 85 bought, 57 sold. 2 quarters of net buying in a row.
Shares held by institutions23.1M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+2.6%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.4x · $559.3M debt
Shares outstandingLatest reported
29M
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 4
Results filedMay 5
Results filedFeb 17
Results filedOct 28, 2025
Results filedJul 29, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Stock awardDavid H. DupuyCEO and President, Director