A profitable company with shrinking sales. Insiders are buying.
Going well
Profitable every year for 10 years
Brings in more cash than it spends
Watch out for
Revenue down 13% from the year before
Money moves
An insider bought $737K of shares with their own money in the last 30 days
Insiders sold $737K in the last 30 days
Institutions added 3.9% to their holdings in the quarter ending June 2026 (15 bought, 17 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$3.74+0.3% that day
Latest insider buy: A 10% owner bought at $3.70 on Oct 1. The stock is now $3.74, +1.1% since.
Company value
$54M
Share price times all shares
Price vs sales
0.21x
No profit over the last year, so this compares value with sales instead
Cash vs value
0%
Cash as a share of company value
Debt vs value
246%
Owes more than the whole company is worth
From DLHC's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$44.2M-47% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $253.5M, down 30% from the 12 months before. Over 5 years, sales grew about 11% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of DLHC. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$150M
Profit in 5 years$15M
Price these guesses point to$14.74+294% vs $3.74 todayAbout +32% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 32% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.1.2%
MissDebt under half of equityNot relying on borrowed money.1.19x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.0.4%
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.$23.2M
MissShare count not growingNot diluting owners. Falling means buybacks.+2.0% in 3 years
Revenue
$344.5M
-13.0% vs prior year
5-year growth
+10.5%/yr
revenue, per year
Total debt
$133.5M
1.19x equity
Current ratio
0.97x
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
$44.2M
-46.9% YoY
EPS
-$1.16
vs $0.02
Op. margin
-8.9%
-13.4 pts
Free cash flow
$4.2M
Share count
+0.3%
vs a year ago
Insider rating
Last 90 days
58Mixed
1 insider bought $737K
Mink Brook Asset Management LLC grew their stake 28.7%
1 insider sold $737K (not pre-planned)
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
1
Normal week
3.0
vs normal
0.3x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+3.9%
Institutions added 3.9% to their holdings. 15 bought, 17 sold.
Shares held by institutions9.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.4x · $126.3M debt
Shares outstandingLatest reported
14M
Why low risk
Revenue down 13% from the year before
Earnings reports
Last 12
Next reportIn 2 days (est.)Estimated from the same quarter last year
Results filedJul 29
Results filedMay 6
Results filedFeb 9
Results filedDec 10, 2025
Results filedOct 30, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days