The checklist Warren Buffett-style investors use. Annual numbers for 2025.
5/6Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.15.0%
PassDebt under half of equityNot relying on borrowed money.No debt reported
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.13.1%
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.$141.8M
MissShare count not growingNot diluting owners. Falling means buybacks.+3.5% in 3 years
Revenue
$761.4M
+12.8% vs prior year
5-year growth
+16.6%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
2.92x
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 Jul 29
Revenue
$256.1M
+31.7% YoY
EPS
$0.36
vs $0.29
Op. margin
16.1%
+2.4 pts
Gross margin
98.4%
+0.2 pts
Free cash flow
$31.0M
Share count
-1.7%
vs a year ago
Insider rating
Last 90 days
43Mixed
Pre-planned sales of $6.2M (weaker signal)
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
3.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.6%
Institutions added 3.6% to their holdings. 267 bought, 162 sold. 2 quarters of net buying in a row.
Shares held by institutions82.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have