The checklist Warren Buffett-style investors use. Annual numbers for 2025.
5/6Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.26.5%
MissDebt under half of equityNot relying on borrowed money.1.73x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.15.6%
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.$203.7M
PassShare count not growingNot diluting owners. Falling means buybacks.-7.1% in 3 years
Revenue
$931.8M
+10.2% vs prior year
5-year growth
+12.8%/yr
revenue, per year
Total debt
$1.1B
1.73x equity
Current ratio
2.07x
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 Aug 4
Revenue
$274.8M
+19.7% YoY
EPS
$0.09
vs $0.62
Op. margin
19.4%
-5.0 pts
Free cash flow
$54.6M
Share count
-5.3%
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
0.9
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-1.4%
Institutions cut 1.4% from their holdings. 128 bought, 127 sold. 4 quarters of net selling in a row.
Shares held by institutions61.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-2.6%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.9x · $1.3B debt
Shares outstandingLatest reported
60M
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedAug 4
Results filedMay 6
Results filedFeb 26
Results filedNov 6, 2025
Results filedJul 30, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.