The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.13.0%
MissDebt under half of equityNot relying on borrowed money.3.36x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.3.7%
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$246.3M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.80.9%
Revenue
$2.1B
+0.1% vs prior year
Total debt
$2.6B
3.36x equity
Current ratio
0.83x
short-term assets / bills due
Free cash flow
$246.3M
11.7% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: profitable every year, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 13
Revenue
$549.9M
+2.6% YoY
EPS
$0.30
vs $0.00
Op. margin
20.8%
+2.8 pts
Gross margin
79.9%
+2.9 pts
Free cash flow
-$23.3M
Share count
+14.8%
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
0.9
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-2.3%
Institutions cut 2.3% from their holdings. 60 bought, 53 sold. 2 quarters of net selling in a row.
Shares held by institutions193.2M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
3.3x · $2.6B debt
Shares outstandingLatest reported
191M
Why low risk
High debt: 3.27x equity
Earnings reports
Last 5
Next reportAround Nov 11 (est.)Estimated from the same quarter last year
Results filedAug 13
Results filedJun 11
Results filedFeb 11
Results filedNov 12, 2025
Results filedAug 14, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days