Daily Journal Corporation Announces Financial Results for the six Months ended March 31, 2025

Financial Performance - Daily Journal Corporation reported consolidated revenues of $35,880,000 for the six months ended March 31, 2025, an increase of $3,316,000 from $32,564,000 in the prior year period, driven by higher license and maintenance fees and public service fees [1] - The Traditional Business segment's pretax income rose by $310,000 to $1,171,000, attributed to increased revenues of $472,000 [2] - Journal Technologies' pretax income increased by $139,000 to $534,000, primarily due to increased operating revenues of $2,844,000, despite a rise in operating expenses of $2,705,000 [2] - Consolidated pretax income reached $76,165,000, compared to $36,360,000 in the prior fiscal year period, with net income of $55,565,000 ($40.34 per share) for the six months ended March 31, 2025, up from $28,030,000 ($20.36 per share) [4] Marketable Securities and Non-Operating Income - As of March 31, 2025, the company held marketable securities valued at $431,490,000, including net pretax unrealized gains of $292,396,000 [3] - Non-operating income, net of expenses, increased by $39,356,000 to $74,460,000, primarily due to net unrealized gains on marketable securities of $72,799,000 [3] Tax Provisions - The company recorded an income tax provision of $20,600,000 on the pretax income of $76,165,000, with an overall effective tax rate of 27% [5]