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.1.0%
MissDebt under half of equityNot relying on borrowed money.1.26x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.3.9%
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.$259.2M
PassShare count not growingNot diluting owners. Falling means buybacks.-0.9% in 3 years
Revenue
$336.1M
+11.3% vs prior year
5-year growth
+6.5%/yr
revenue, per year
Total debt
$1.7B
1.26x equity
Free cash flow
$259.2M
77.1% 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 Sep 30, 2026
Reported Oct 26Before open6:45 am ET
Revenue
$93.6M
+8.7% YoY
EPS
$0.11
vs $0.02
Gross margin
75.6%
-0.4 pts
Free cash flow
$47.4M
Share count
+4.5%
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
80/ 100
This week
2
Normal week
0.5
vs normal
4.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.9%
Institutions added 2.9% to their holdings. 143 bought, 83 sold. 3 quarters of net buying in a row.
Shares held by institutions36.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-20.9%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.3x · $1.7B debt
Shares outstandingLatest reported
47M
Earnings reports
Last 12
Next reportAround Feb 22, 2027 (est.)Estimated from the same quarter last year
Results filedOct 26
Results filedAug 3
Results filedApr 27
Results filedFeb 23
Results filedOct 27, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days