The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.3.8%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.2.7%
MissProfitable every yearSteady profits, not one good year.3 of 7 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$157.8M
PassShare count not growingNot diluting owners. Falling means buybacks.-0.6% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.67.4%
Revenue
$857.2M
+7.6% vs prior year
5-year growth
+17.2%/yr
revenue, per year
Current ratio
1.60x
short-term assets / bills due
Free cash flow
$157.8M
18.4% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jul 31, 2026
Reported Sep 2
Revenue
$213.7M
+0.8% YoY
EPS
$0.03
vs $0.05
Op. margin
4.7%
-3.0 pts
Gross margin
65.1%
-3.1 pts
Free cash flow
$17.8M
Share count
-9.6%
vs a year ago
Insider rating
Last 90 days
71Buying
1 insider bought $851K
Jr Stephen M Ward grew their stake 172.2%
Pre-planned sales of $1.1M (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
1.9
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-13.1%
Institutions cut 13.1% from their holdings. 126 bought, 152 sold.
Shares held by institutions130.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-5.7%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Total liabilities $532.3M
Shares outstandingLatest reported
238M
Earnings reports
Last 12
Next reportAround Dec 2 (est.)Estimated from the same quarter last year
Results filedSep 2
Results filedJun 3
Results filedMar 11
Results filedDec 3, 2025
Results filedSep 3, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days