The checklist Warren Buffett-style investors use. Annual numbers for 2025.
6/7Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.48.1%
PassDebt under half of equityNot relying on borrowed money.0.00x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.18.1%
MissProfitable every yearSteady profits, not one good year.5 of 8 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$21.0M
PassShare count not growingNot diluting owners. Falling means buybacks.-1.5% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.86.9%
Revenue
$288.8M
+5.9% vs prior year
5-year growth
-3.1%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
1.21x
short-term assets / bills due
From annual reports filed with the SEC. 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
0.1
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Newly held
Institutions held almost none of it the quarter before (new listing, spin-off or ticker change), so there's no fair percent change yet. 4 bought, 2 sold. 2 quarters of net buying in a row.
Shares held by institutions1.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-0.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
7M
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.