The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.18.9%
PassDebt under half of equityNot relying on borrowed money.No debt reported
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.52.6%
MissProfitable every yearSteady profits, not one good year.3 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$188.9M
MissShare count not growingNot diluting owners. Falling means buybacks.+17.5% in 3 years
Revenue
$389.1M
+33.9% vs prior year
Total debt
None
0.00x equity
Current ratio
9.95x
short-term assets / bills due
Free cash flow
$188.9M
48.5% of revenue
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
$119.2M
+24.1% YoY
EPS
$1.79
vs $1.29
Op. margin
49.0%
+8.0 pts
Free cash flow
$71.2M
Share count
+3.1%
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
1
Normal week
1.2
vs normal
0.9x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+6.8%
Institutions added 6.8% to their holdings. 263 bought, 144 sold.
Shares held by institutions30.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.9%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
30M
Earnings reports
Last 12
Next reportIn 6 days (est.)Estimated from the same quarter last year
Results filedAug 3
Results filedFeb 17
Results filedJan 12
Results filedNov 3, 2025
Results filedAug 4, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days