The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/5Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.66.6%
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.52.3%
MissProfitable every yearSteady profits, not one good year.1 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$172.8M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.88.5%
Revenue
$311.7M
Current ratio
2.11x
short-term assets / bills due
Free cash flow
$172.8M
55.4% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 13
Revenue
$101.9M
+156.5% YoY
EPS
$0.29
vs $0.28
Op. margin
42.1%
-7.1 pts
Gross margin
75.7%
-19.6 pts
Free cash flow
$85.7M
Share count
+28.6%
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
0.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+8.5%
Institutions added 8.5% to their holdings. 96 bought, 79 sold.
Shares held by institutions44.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+12.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.0x · $145K debt
Shares outstandingLatest reported
78M
Why moderate risk
Share count growing 12.4% a year (dilution)
Auditor change
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 13
Results filedMay 14
Results filedMar 5
Results filedJan 8
Results filedNov 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days