The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/5Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.14.5%
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.15.4%
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.$258.4M
Revenue
$1.1B
-4.5% vs prior year
5-year growth
+25.4%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
5.81x
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, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 29
Revenue
$449.5M
+64.3% YoY
Op. margin
18.6%
-3.6 pts
Gross margin
33.3%
-3.3 pts
Free cash flow
$104.6M
Insider rating
Last 90 days
43Mixed
Pre-planned sales of $12.4M (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
2.7
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.4%
Institutions added 2.4% to their holdings. 179 bought, 140 sold. 2 quarters of net buying in a row.
Shares held by institutions76.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-1.8%
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
76M
Earnings reports
Last 12
Next reportIn 2 days (est.)Estimated from the same quarter last year
Results filedJul 29
Results filedMay 7
Results filedFeb 26
Results filedOct 30, 2025
Results filedJul 31, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days