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.8.3%
PassDebt under half of equityNot relying on borrowed money.0.02x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.8.5%
MissProfitable every yearSteady profits, not one good year.6 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$190.9M
MissShare count not growingNot diluting owners. Falling means buybacks.+120.7% in 3 years
Revenue
$978.3M
+48.0% vs prior year
5-year growth
+21.8%/yr
revenue, per year
Total debt
$18.9M
0.02x equity
Current ratio
4.91x
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 3
Revenue
$244.9M
+9.2% YoY
EPS
$0.36
vs $0.22
Op. margin
13.8%
+3.7 pts
Gross margin
34.2%
+2.2 pts
Free cash flow
$37.0M
Share count
+0.5%
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
1.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.7%
Institutions added 1.7% to their holdings. 119 bought, 91 sold. 7 quarters of net buying in a row.
Shares held by institutions51.4M
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
0.0x · $19.0M debt
Shares outstandingLatest reported
70M
Why low risk
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportIn 6 days (est.)Estimated from the same quarter last year
Results filedAug 3
Results filedMay 4
Results filedFeb 23
Results filedNov 3, 2025
Results filedAug 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days