The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/5Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.16.7%
PassDebt under half of equityNot relying on borrowed money.0.14x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.59.4%
MissProfitable every yearSteady profits, not one good year.6 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$50.1M
Revenue
$84.2M
-3.7% vs prior year
5-year growth
+14.9%/yr
revenue, per year
Total debt
$43.7M
0.14x equity
Current ratio
2.22x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
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
0.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-0.7%
Institutions cut 0.7% from their holdings. 6 bought, 3 sold.
Shares held by institutions737K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+34.2%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.4x · $145.8M debt
Shares outstandingLatest reported
12M
Why moderate risk
Share count growing 34.2% a year (dilution)
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days