The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.5.0%
MissDebt under half of equityNot relying on borrowed money.1.27x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.2.1%
MissProfitable every yearSteady profits, not one good year.7 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$245.0M
PassShare count not growingNot diluting owners. Falling means buybacks.-10.1% in 3 years
Revenue
$1.9B
+3.1% vs prior year
5-year growth
+25.6%/yr
revenue, per year
Total debt
$819.0M
1.27x equity
Current ratio
1.29x
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 6
Revenue
$441.9M
-7.2% YoY
EPS
$0.19
vs $0.28
Op. margin
8.6%
-3.6 pts
Gross margin
92.5%
+0.2 pts
Free cash flow
$137.7M
Share count
-9.5%
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
1.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.2%
Institutions added 0.2% to their holdings. 149 bought, 136 sold. 2 quarters of net buying in a row.
Shares held by institutions131.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-3.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.2x · $815.9M debt
Shares outstandingLatest reported
117M
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 7
Results filedFeb 12
Results filedNov 6, 2025
Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days