The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/4Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-7.9%
PassDebt under half of equityNot relying on borrowed money.0.00x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-5.1%
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$145.0M
Revenue
$1.4B
+19.6% vs prior year
Total debt
$1.5M
0.00x equity
Free cash flow
$145.0M
10.6% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. 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 5
Revenue
$387.6M
+18.3% YoY
EPS
$0.40
vs $0.30
Op. margin
7.2%
-1.1 pts
Gross margin
36.4%
+4.5 pts
Free cash flow
$106.5M
Share count
+41.1%
vs a year ago
Insider rating
Last 90 days
44Mixed
Pre-planned sales of $2.0M (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
43/ 100
This week
2
Normal week
2.5
vs normal
0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+43.1%
Institutions added 43.1% to their holdings. 138 bought, 86 sold. 4 quarters of net buying in a row.
Shares held by institutions72.1M
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
0.0x · $1.5M debt
Shares outstandingLatest reported
99M
Why moderate risk
Losing money
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 4
Next reportAround Nov 4 (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 6
Results filedFeb 25
Results filedNov 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days