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.1.0%
PassDebt under half of equityNot relying on borrowed money.0.20x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.1.1%
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$5.7M
MissShare count not growingNot diluting owners. Falling means buybacks.+65.6% in 3 years
Revenue
$1.1B
+41.5% vs prior year
5-year growth
+10.9%/yr
revenue, per year
Total debt
$292.8M
0.20x equity
Current ratio
3.76x
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
$449.1M
+65.0% YoY
EPS
$0.91
vs $0.16
Op. margin
10.9%
+2.6 pts
Free cash flow
$18.7M
Share count
+51.4%
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
1.0
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-3.1%
Institutions cut 3.1% from their holdings. 218 bought, 169 sold.
Shares held by institutions33.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-3.0%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.3x · $947.0M debt
Shares outstandingLatest reported
28M
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 5
Results filedMay 5
Results filedFeb 26
Results filedJan 29
Results filedOct 27, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days