Daily Journal Corporation Announces Financial Results for the three months ended December 31, 2024
Daily Journal (NASDAQ:DJCO) reported consolidated revenues of $17.7 million for Q4 2024, up from $16 million year-over-year. The increase was driven by Journal Technologies' higher license and maintenance fees ($968,000) and public service fees ($1.24 million), despite lower consulting fees. The Traditional Business segment saw modest revenue growth.
Journal Technologies' pretax income increased by $120,000 to $456,000, though operating expenses rose by $1.39 million due to increased personnel costs and technical investments. The company held marketable securities valued at $372.1 million, including pretax unrealized gains of $233 million.
Consolidated net income was $10.9 million ($7.91 per share), down from $12.6 million ($9.16 per share) in the prior year. The effective tax rate was 26.9%, including taxes on unrealized gains on marketable securities.
Daily Journal (NASDAQ:DJCO) ha riportato ricavi consolidati di 17,7 milioni di dollari per il quarto trimestre del 2024, in aumento rispetto ai 16 milioni dell'anno precedente. L'aumento 猫 stato guidato da maggiori tasse per licenze e manutenzione di Journal Technologies (968.000 dollari) e da tasse per servizi pubblici (1,24 milioni di dollari), nonostante un calo delle tasse di consulenza. Il segmento Business Tradizionale ha registrato una modesta crescita dei ricavi.
Il reddito ante imposte di Journal Technologies 猫 aumentato di 120.000 dollari, raggiungendo i 456.000 dollari, anche se le spese operative sono aumentate di 1,39 milioni di dollari a causa dell'aumento dei costi del personale e degli investimenti tecnici. L'azienda deteneva titoli negoziabili per un valore di 372,1 milioni di dollari, inclusi guadagni non realizzati ante imposte di 233 milioni di dollari.
Il reddito netto consolidato 猫 stato di 10,9 milioni di dollari (7,91 dollari per azione), in calo rispetto ai 12,6 milioni di dollari (9,16 dollari per azione) dell'anno precedente. L'aliquota fiscale effettiva era del 26,9%, comprese le tasse sui guadagni non realizzati su titoli negoziabili.
Daily Journal (NASDAQ:DJCO) report贸 ingresos consolidados de 17,7 millones de d贸lares para el cuarto trimestre de 2024, un aumento respecto a los 16 millones del a帽o anterior. El incremento fue impulsado por las mayores tarifas de licencias y mantenimiento de Journal Technologies (968.000 d贸lares) y tarifas por servicios p煤blicos (1,24 millones de d贸lares), a pesar de la disminuci贸n de las tarifas de consultor铆a. El segmento de Negocios Tradicionales vio un modesto crecimiento en los ingresos.
El ingreso antes de impuestos de Journal Technologies aument贸 en 120.000 d贸lares, alcanzando los 456.000 d贸lares, aunque los gastos operativos subieron en 1,39 millones de d贸lares debido al incremento de los costos de personal y las inversiones t茅cnicas. La empresa manten铆a valores negociables valorados en 372,1 millones de d贸lares, incluyendo ganancias no realizadas antes de impuestos de 233 millones de d贸lares.
El ingreso neto consolidado fue de 10,9 millones de d贸lares (7,91 d贸lares por acci贸n), una disminuci贸n respecto a los 12,6 millones de d贸lares (9,16 d贸lares por acci贸n) del a帽o anterior. La tasa impositiva efectiva fue del 26,9%, incluyendo impuestos sobre ganancias no realizadas en valores negociables.
雿办澕毽� 鞝�雱� (NASDAQ:DJCO)電� 2024雲� 4攵勱赴 consolidated revenues臧� 1,770毵� 雼煬搿� 氤搓碃頄堨溂氅�, 鞚措姅 鞝勲厔 雽�牍� 1,600毵� 雼煬鞐愳劀 歃濌皜頃� 靾橃箻鞛呺媹雼�. 鞚� 歃濌皜電� Journal Technologies鞚� 霛检澊靹犾姢 氚� 鞙犾 甏�毽� 靾橃垬耄�(968,000 雼煬)鞕� 瓿店车 靹滊箘鞀� 靾橃垬耄�(124毵� 雼煬)鞚� 歃濌皜鞐� 鞚橅暣 欤茧弰霅橃棃鞙茧┌, 旎劋韺� 靾橃垬耄岆姅 臧愳唽頄堨姷雼堧嫟. 鞝勴喌鞝侅澑 牍勳雼堨姢 攵�氍胳潃 靻岉彮鞚� 毵れ稖 靹膘灔鞚� 氤挫榾鞀惦媹雼�.
Journal Technologies鞚� 靹胳爠 靾橃澋鞚� 120,000 雼煬 歃濌皜頃橃棳 456,000 雼煬鞐� 鞚措ゴ霠�鞙茧倶, 鞚戈贝牍勳檧 旮办垹 韴瀽 歃濌皜搿� 鞚疙暣 鞖挫榿 牍勳毄鞚� 139毵� 雼煬 歃濌皜頄堨姷雼堧嫟. 須岇偓電� 3鞏� 7210毵� 雼煬鞐� 頃措嫻頃橂姅 鞙犼皜歃濌秾鞚� 氤挫湢頃橁碃 鞛堨溂氅�, 鞐赴鞐愲姅 2鞏� 3觳� 3氚彪 雼煬鞚� 靹胳爠 氙胳嫟順� 鞚挫澋鞚� 韽暔霅橃柎 鞛堨姷雼堧嫟.
Consolidated net income鞚� 1,090毵� 雼煬 (欤茧嫻 7.91 雼煬)搿�, 鞝勲厔霃� 1,260毵� 雼煬 (欤茧嫻 9.16 雼煬)鞐愳劀 臧愳唽頄堨姷雼堧嫟. 鞙犿毃 靹胳湪鞚� 26.9%鞓�鞙茧┌, 鞙犼皜歃濌秾鞚� 氙胳嫟順� 鞚挫澋鞐� 雽�頃� 靹戈笀鞚� 韽暔霅橃柎 鞛堨姷雼堧嫟.
Daily Journal (NASDAQ:DJCO) a rapport茅 des revenus consolid茅s de 17,7 millions de dollars pour le quatri猫me trimestre de 2024, en hausse par rapport 脿 16 millions de dollars l'ann茅e pr茅c茅dente. Cette augmentation a 茅t茅 tir茅e par des frais de licence et de maintenance plus 茅lev茅s de Journal Technologies (968 000 dollars) et des frais de services publics (1,24 million de dollars), malgr茅 une baisse des frais de consultation. Le segment des affaires traditionnelles a connu une croissance modeste des revenus.
Le revenu avant imp么ts de Journal Technologies a augment茅 de 120 000 dollars pour atteindre 456 000 dollars, bien que les d茅penses d'exploitation aient augment茅 de 1,39 million de dollars en raison de la hausse des co没ts du personnel et des investissements techniques. L'entreprise d茅tenait des titres n茅gociables d'une valeur de 372,1 millions de dollars, y compris des gains non r茅alis茅s avant imp么ts de 233 millions de dollars.
Le revenu net consolid茅 s'茅levait 脿 10,9 millions de dollars (7,91 dollars par action), en baisse par rapport 脿 12,6 millions de dollars (9,16 dollars par action) l'ann茅e pr茅c茅dente. Le taux d'imposition effectif 茅tait de 26,9 %, y compris les imp么ts sur les gains non r茅alis茅s sur les titres n茅gociables.
Daily Journal (NASDAQ:DJCO) berichtete von konsolidierten Einnahmen in H枚he von 17,7 Millionen Dollar f眉r das vierte Quartal 2024, ein Anstieg von 16 Millionen Dollar im Vergleich zum Vorjahr. Der Anstieg wurde durch h枚here Lizenz- und Wartungsgeb眉hren von Journal Technologies (968.000 Dollar) und Geb眉hren f眉r 枚ffentliche Dienstleistungen (1,24 Millionen Dollar) angetrieben, trotz eines R眉ckgangs der Beratungsgeb眉hren. Der traditionelle Gesch盲ftsbereich verzeichnete ein moderates Umsatzwachstum.
Das Vorsteuerergebnis von Journal Technologies stieg um 120.000 Dollar auf 456.000 Dollar, obwohl die Betriebskosten aufgrund h枚herer Personalkosten und technischer Investitionen um 1,39 Millionen Dollar anstiegen. Das Unternehmen hielt handelbare Wertpapiere im Wert von 372,1 Millionen Dollar, einschlie脽lich vorsteuerlicher unrealisierter Gewinne von 233 Millionen Dollar.
Der konsolidierte Nettogewinn betrug 10,9 Millionen Dollar (7,91 Dollar pro Aktie), ein R眉ckgang von 12,6 Millionen Dollar (9,16 Dollar pro Aktie) im Vorjahr. Der effektive Steuersatz betrug 26,9%, einschlie脽lich Steuern auf unrealisierte Gewinne aus handelbaren Wertpapieren.
- Revenue increased 10.7% YoY to $17.7 million
- Journal Technologies' pretax income grew 35.7% to $456,000
- Marketable securities portfolio valued at $372.1 million with $233 million in unrealized gains
- Net income decreased 13.6% YoY to $10.9 million
- EPS declined from $9.16 to $7.91
- Operating expenses increased $1.39 million in Journal Technologies segment
- Consulting fees decreased by $703,000
Insights
Daily Journal 's Q1 FY2025 results reveal a compelling narrative of operational growth coupled with investment portfolio management. The 10.7% YoY revenue growth to
The company's strategic investments in operational capabilities, including personnel expansion and technical debt reduction, signal a forward-looking approach to sustainable growth. While these investments increased operating expenses by
The investment portfolio, valued at
The effective tax rate of
聽 LOS ANGELES, Feb. 18, 2025 (GLOBE NEWSWIRE) -- During the three months ended December 31, 2024, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of
聽 聽The Traditional Business鈥� pretax income remained relatively unchanged with a slight decrease of
聽 聽At December 31, 2024, the Company held marketable securities valued at
聽 The Company鈥檚 non-operating income, net of expenses, decreased by
聽 聽Consolidated pretax income was
聽 聽For the three months ended December 31, 2024, the Company recorded an income tax provision of
聽 This press release includes 鈥渇orward-looking statements鈥� within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain statements contained in this press release are 鈥渇orward-looking鈥� statements that involve risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. Words such as 鈥渆xpects,鈥� 鈥渋ntends,鈥� 鈥渁nticipates,鈥� 鈥渟hould,鈥� 鈥渂elieves,鈥� 鈥渨ill,鈥� 鈥減lans,鈥� 鈥渆stimates,鈥� 鈥渕ay,鈥� variations of such words and similar expressions are intended to identify such forward-looking statements. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in documents we file with the Securities and Exchange Commission.
# # #
FAQ
What was Daily Journal's (DJCO) revenue for Q4 2024?
How much did DJCO's earnings per share (EPS) change in Q4 2024?
What is the value of DJCO's marketable securities as of December 31, 2024?
What was Daily Journal's effective tax rate for Q4 2024?
How did Journal Technologies' pretax income perform in Q4 2024?
