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.-26.8%
MissDebt under half of equityNot relying on borrowed money.0.55x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-10.9%
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.$63.1M
MissShare count not growingNot diluting owners. Falling means buybacks.+26.2% in 3 years
Revenue
$1.3B
-7.9% vs prior year
5-year growth
+7.1%/yr
revenue, per year
Total debt
$263.8M
0.55x equity
Free cash flow
$63.1M
4.9% 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 Jul 31, 2026
Reported Sep 9
Revenue
$145.8M
-57.3% YoY
EPS
-$8.28
vs -$0.69
Gross margin
51.8%
+3.1 pts
Free cash flow
$80.0M
Share count
+0.7%
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
31/ 100
This week
1
Normal week
2.5
vs normal
0.4x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-7.1%
Institutions cut 7.1% from their holdings. 39 bought, 58 sold.
Shares held by institutions6.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+9.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.7x · $266.2M debt
Shares outstandingLatest reported
8M
Why moderate risk
Losing money
Share count growing 9.3% a year
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Dec 3 (est.)Estimated from the same quarter last year
Results filedSep 9
Results filedJul 14
Results filedMar 12
Results filedDec 4, 2025
Results filedSep 4, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days