Daily Journal Corporation Announces Financial Results for the three months ended December 31, 2024

Financial Performance - Daily Journal Corporation reported consolidated revenues of $17,704,000 for the three months ended December 31, 2024, an increase from $15,993,000 in the prior year, driven by higher license and maintenance fees and public service fees [1] - The Traditional Business segment's pretax income remained relatively stable with a slight decrease of $1,000, while Journal Technologies' pretax income increased by $120,000 to $456,000, attributed to increased operating revenues [2] - Consolidated pretax income was $14,895,000, down from $15,740,000 in the prior fiscal year, with net income of $10,895,000 ($7.91 per share) compared to $12,615,000 ($9.16 per share) in the previous year [5] Marketable Securities - As of December 31, 2024, the company held marketable securities valued at $372,104,000, including net pretax unrealized gains of $233,010,000, with a deferred tax liability of $60,810,000 [3] Non-Operating Income - The company's non-operating income decreased by $964,000 to $14,153,000, primarily due to lower net unrealized gains on marketable securities and a decrease in dividends and interest income [4] Tax Provisions - An income tax provision of $4,000,000 was recorded on the pretax income of $14,895,000, resulting in an overall effective tax rate of 26.9% for the three months ended December 31, 2024 [6]