The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.2.9%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$85.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+1.7% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.15.2%
Revenue
$790.3M
-37.2% vs prior year
5-year growth
+3.9%/yr
revenue, per year
Total debt
$33.3M
Current ratio
3.22x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, debt under half of equity. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 5
Revenue
$240.0M
+12.1% YoY
EPS
$0.63
vs $0.73
Gross margin
15.0%
-1.2 pts
Free cash flow
$28.0M
Share count
-0.7%
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
0
Normal week
0.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.8%
Institutions added 3.8% to their holdings. 78 bought, 66 sold.
Shares held by institutions10.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-0.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.0x · $3.2M debt
Shares outstandingLatest reported
11M
Why low risk
Revenue down 37.2% from the year before
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 6
Results filedMar 4
Results filedNov 5, 2025
Results filedAug 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days