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.9.8%
MissDebt under half of equityNot relying on borrowed money.2.59x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.21.5%
MissProfitable every yearSteady profits, not one good year.8 of 9 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$140.7M
MissShare count not growingNot diluting owners. Falling means buybacks.+1.1% in 3 years
Revenue
$347.6M
-2.4% vs prior year
5-year growth
+16.1%/yr
revenue, per year
Total debt
$1.9B
2.59x equity
Current ratio
3.03x
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.
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
0.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.6%
Institutions added 4.6% to their holdings. 119 bought, 75 sold. 4 quarters of net buying in a row.
Shares held by institutions15.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.1x · $760.6M debt
Shares outstandingLatest reported
54M
Earnings reports
Last 0
Next reportNot enough history
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.