The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/4Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.4.7%
MissDebt under half of equityNot relying on borrowed money.1.53x equity
PassProfitable every yearSteady profits, not one good year.5 of 5 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$49.7M
Total debt
$2.0B
1.53x equity
Free cash flow
-$49.7M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Oct 27Before open6:40 am ET
From the press release
For tax purposes, MFIC has elected to be treated as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended.
The numbers below are the quarter before. The new quarter's full numbers come with the 10-Q. Read the press release ↗
EPS
-$0.21
vs $0.19
Free cash flow
$189.3M
Share count
-11.7%
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
3
Normal week
0.2
vs normal
6.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.2%
Institutions added 0.2% to their holdings. 76 bought, 86 sold. 7 quarters of net buying in a row.
Shares held by institutions31.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+8.0%
Cash runwayAt last year's cash burn
10 months
Debt to equityLatest balance sheet: debt compared with what owners have
1.6x · $1.7B debt
Shares outstandingLatest reported
82M
Why moderate risk
Share count growing 8% a year
Debt above equity: 1.58x
Earnings reports
Last 12
Next reportAround Feb 25, 2027 (est.)Estimated from the same quarter last year
Results filedOct 27
Results filedAug 6
Results filedMay 6
Results filedFeb 26
Results filedNov 6, 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.