The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/5Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.42.9%
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.35.6%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$440.8M
MissShare count not growingNot diluting owners. Falling means buybacks.+46.1% in 3 years
Revenue
$900.9M
+20.1% vs prior year
5-year growth
+23.7%/yr
revenue, per year
Free cash flow
$440.8M
48.9% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: debt under half of equity. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 6
Revenue
$246.7M
+11.1% YoY
EPS
$5.60
vs $5.18
Free cash flow
$124.8M
Share count
-1.7%
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
4
Normal week
0.2
vs normal
8.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-2.7%
Institutions cut 2.7% from their holdings. 155 bought, 124 sold. 2 quarters of net selling in a row.
Shares held by institutions9.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+13.1%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.0x · $32.0M debt
Shares outstandingLatest reported
12M
Why moderate risk
Share count growing 13.1% a year (dilution)
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 6
Results filedMay 6
Results filedFeb 25
Results filedNov 6, 2025
Results filedOct 16, 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.
Latest filings
Straight from SEC EDGAR
Shares withheld for taxesAnthony SaravanosDivision President, Director