The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.7.0%
MissDebt under half of equityNot relying on borrowed money.0.97x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.10.2%
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$473.4M
PassShare count not growingNot diluting owners. Falling means buybacks.+0.9% in 3 years
Revenue
$1.9B
+6.7% vs prior year
5-year growth
-19.5%/yr
revenue, per year
Total debt
$2.7B
0.97x equity
Current ratio
0.84x
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 6
Revenue
$375.3M
+6.9% YoY
EPS
$0.10
vs $0.07
Op. margin
12.8%
+4.2 pts
Free cash flow
$15.0M
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
0
Normal week
0.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.5%
Institutions added 1.5% to their holdings. 219 bought, 169 sold.
Shares held by institutions194.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.1%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.9x · $2.6B debt
Shares outstandingLatest reported
210M
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 7
Results filedFeb 5
Results filedNov 6, 2025
Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days