The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
PassReturn on equity 15%+Earns a lot on the money owners have in the business.17.4%
MissDebt under half of equityNot relying on borrowed money.2.06x 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.-$579.3M
MissShare count not growingNot diluting owners. Falling means buybacks.+10.4% in 3 years
Total debt
$819.9M
2.06x equity
Free cash flow
-$579.3M
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: net margin 10%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Sep 14
EPS
$0.47
vs $0.52
Free cash flow
-$163.3M
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
67/ 100
This week
1
Normal week
0.5
vs normal
2.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+5.4%
Institutions added 5.4% to their holdings. 90 bought, 47 sold. 2 quarters of net buying in a row.
Shares held by institutions16.1M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+5.4%
Cash runwayAt last year's cash burn
8 months
Debt to equityLatest balance sheet: debt compared with what owners have
1.3x · $554.2M debt
Shares outstandingLatest reported
29M
Why elevated risk
Share count growing 5.4% a year
Debt above equity: 1.34x
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 30 (est.)Estimated from the same quarter last year
Results filedSep 14
Results filedAug 6
Results filedJun 12
Results filedApr 30
Results filedApr 6
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days