The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/4Mixed
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.6%
MissProfitable every yearSteady profits, not one good year.6 of 7 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$18.1M
PassShare count not growingNot diluting owners. Falling means buybacks.-3.0% in 3 years
Revenue
$297.3M
+0.3% vs prior year
5-year growth
+34.6%/yr
revenue, per year
Total debt
$373.2M
Free cash flow
$18.1M
6.1% 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: 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
$80.9M
+11.3% YoY
EPS
$0.06
vs $0.03
Op. margin
21.9%
-2.5 pts
Free cash flow
$24.2M
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
62/ 100
This week
1
Normal week
0.6
vs normal
1.6x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+6.9%
Institutions added 6.9% to their holdings. 87 bought, 53 sold.
Shares held by institutions48.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-1.2%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.9x · $490.8M debt
Shares outstandingLatest reported
120M
Why low risk
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 8
Results filedFeb 12
Results filedNov 6, 2025
Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days