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Daily Journal Corporation Announces Fiscal Year 2025 Financial Results
Globenewswire· 2025-12-29 21:30
Core Insights - Daily Journal Corporation achieved annual revenue of $87.7 million for fiscal year 2025, reflecting a 25% increase from $69.9 million in fiscal year 2024, primarily driven by growth at Journal Technologies [1][2] Financial Performance - Journal Technologies reported revenue of $69.9 million for fiscal year 2025, marking a 32% increase over $53.1 million in fiscal year 2024, driven by significant growth in consulting fees (up $7.6 million or 51%), other public service fees (up $5.7 million or 59%), and license and maintenance fees (up $3.5 million or 12%) [5] - Operating income for fiscal year 2025 was $9.5 million, representing 10.9% of revenue, compared to $4.1 million or 5.8% of revenue in fiscal year 2024 [5] - Net income for fiscal year 2025 was $112.1 million, or $81.41 per diluted share, an increase of $34.0 million (44%) compared to net income of $78.1 million, or $56.73 per diluted share, in fiscal year 2024 [5] - The company generated $13.3 million in operating cash flow during fiscal year 2025 [5] Market Position and Strategy - The company sees a significant opportunity in the courts and justice agency sector, aiming to create durable value over time through modernization and implementation capacity [2] - Daily Journal Corporation's Traditional Business reported advertising and circulation revenues of $17.8 million, reflecting a 6% increase over $16.8 million in fiscal year 2024 [5] - Journal Technologies expanded its client base by securing 17 multi-year contracts with courts and government agencies [5] - The company is optimizing its digital publishing operations, expanding online content offerings, and streamlining workflows in response to evolving market demands [5] Marketable Securities - As of September 30, 2025, the company's marketable securities had a total fair market value of $493.0 million, including pretax unrealized gains of approximately $134.3 million for the twelve months ended September 30, 2025, and accumulated pretax unrealized gains of $353.9 million [5]