The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.18.6%
PassDebt under half of equityNot relying on borrowed money.0.40x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.8.6%
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.$73.7M
PassShare count not growingNot diluting owners. Falling means buybacks.-9.3% in 3 years
Revenue
$1.2B
+19.0% vs prior year
5-year growth
+19.9%/yr
revenue, per year
Total debt
$241.4M
0.40x equity
Current ratio
3.12x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 5
Revenue
$308.9M
+5.0% YoY
EPS
$0.24
vs $0.22
Op. margin
10.8%
+0.5 pts
Free cash flow
$32.6M
Share count
-0.1%
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
0.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-2.3%
Institutions cut 2.3% from their holdings. 64 bought, 59 sold.
Shares held by institutions28.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-2.0%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.6x · $492.0M debt
Shares outstandingLatest reported
92M
Earnings reports
Last 12
Next reportAround Nov 6 (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 6
Results filedFeb 25
Results filedNov 7, 2025
Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days