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.5.3%
PassDebt under half of equityNot relying on borrowed money.0.37x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.1.9%
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.$16.4M
MissGross margin 40%+Pricing power: sells for well above what it costs to make.30.4%
Revenue
$389.8M
+10.3% vs prior year
5-year growth
+10.6%/yr
revenue, per year
Total debt
$53.0M
0.37x equity
Current ratio
1.58x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Sep 8
Revenue
$121.9M
+10.8% YoY
EPS
$0.17
vs $0.14
Op. margin
4.6%
+0.9 pts
Gross margin
31.6%
+0.8 pts
Free cash flow
$11.5M
Share count
+0.9%
vs a year ago
Some values are worked out from year-to-date totals in the annual report.
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
40/ 100
This week
1
Normal week
1.4
vs normal
0.7x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-8.0%
Institutions cut 8.0% from their holdings. 29 bought, 40 sold. 2 quarters of net selling in a row.
Shares held by institutions4.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.3x · $51.0M debt
Shares outstandingLatest reported
13M
Why low risk
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 9 (est.)Estimated from the same quarter last year
Results filedSep 8
Results filedMay 11
Results filedFeb 9
Results filedNov 10, 2025
Results filedSep 11, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days