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.30.9%
MissDebt under half of equityNot relying on borrowed money.1.08x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.13.2%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$209.4M
PassShare count not growingNot diluting owners. Falling means buybacks.-5.5% in 3 years
Revenue
$1.7B
-0.1% vs prior year
5-year growth
-2.9%/yr
revenue, per year
Total debt
$807.5M
1.08x equity
Current ratio
0.59x
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 Jul 31, 2026
Reported Sep 3
Revenue
$386.4M
-2.6% YoY
EPS
-$0.23
vs $0.22
Op. margin
0.8%
-7.0 pts
Gross margin
73.9%
+1.4 pts
Free cash flow
-$66.5M
Share count
-6.0%
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
78/ 100
This week
6
Normal week
1.7
vs normal
3.5x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-0.4%
Institutions cut 0.4% from their holdings. 138 bought, 109 sold.
Shares held by institutions41.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-1.9%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.6x · $1.3B debt
Shares outstandingLatest reported
61M
Earnings reports
Last 12
Next reportAround Dec 3 (est.)Estimated from the same quarter last year
Results filedSep 3
Results filedJun 16
Results filedMar 5
Results filedDec 4, 2025
Results filedSep 4, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.