The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.38.3%
PassDebt under half of equityNot relying on borrowed money.0.45x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.5.4%
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$156.8M
PassShare count not growingNot diluting owners. Falling means buybacks.+0.3% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.12.1%
Revenue
$3.7B
+31.5% vs prior year
Total debt
$281.5M
0.45x equity
Current ratio
1.76x
short-term assets / bills due
Free cash flow
$156.8M
4.2% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: profitable every year. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 4
Revenue
$1.2B
+33.7% YoY
EPS
$1.64
vs $1.03
Op. margin
9.1%
+1.2 pts
Gross margin
14.9%
+1.9 pts
Free cash flow
$33.0M
Share count
+0.2%
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
0.8
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.2%
Institutions added 2.2% to their holdings. 255 bought, 212 sold. 2 quarters of net buying in a row.
Shares held by institutions43.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.1%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.4x · $274.5M debt
Shares outstandingLatest reported
51M
Why low risk
Auditor change
Earnings reports
Last 8
Next reportIn 6 days (est.)Estimated from the same quarter last year
Results filedAug 4
Results filedMay 5
Results filedFeb 24
Results filedNov 4, 2025
Results filedAug 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days