The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-5.7%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-13.3%
MissProfitable every yearSteady profits, not one good year.0 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$69.1M
MissGross margin 40%+Pricing power: sells for well above what it costs to make.28.4%
Revenue
$915.5M
+11.5% vs prior year
5-year growth
+12.3%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
2.46x
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. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Aug 31, 2026
Reported Oct 8
Revenue
$257.1M
+22.7% YoY
EPS
-$0.32
vs $0.00
Op. margin
-9.4%
-10.4 pts
Gross margin
30.1%
+2.7 pts
Free cash flow
-$16.5M
Share count
+25.8%
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
2.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+34.3%
Institutions added 34.3% to their holdings. 101 bought, 76 sold.
Shares held by institutions14.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.4%
Cash runwayAt last year's cash burn
37 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
148M
Why moderate risk
Losing money
4 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Jan 7, 2027 (est.)Estimated from the same quarter last year
Results filedOct 8
Results filedJul 28
Results filedApr 1
Results filedJan 8
Results filedOct 9, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days