Daily Journal Corporation (DJCO)

Daily Journal's June-quarter earnings decrease year over year on lower investment gains and higher costs, partly offset by strong software revenues.

LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Daily Journal Corporation is issuing this press release to provide additional public access to the Form 8-K it filed earlier today with the Securities and Exchange Commission in response to the continued interest in our software accounting from Buxton Helmsley USA, Inc. and its Chairman and CEO, Alexander E. Parker. Below is the text of our Form 8-K.

LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) -- During the nine months ended June 30, 2025, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $59,286,000 as compared to $50,058,000 in the prior year period. This increase of $9,228,000 was primarily from increases in (i) Journal Technologies' license and maintenance fees of $2,418,000, consulting fees of $1,853,000, and other public service fees of $4,031,000 and (ii) the Traditional Business' advertising revenues of $703,000 and advertising service fees and other of $310,000.

NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Buxton Helmsley USA, Inc. (“BH”), a New York City-based alternative asset manager whose brand is recognized by Bloomberg as being among the top 15% of activist investors globally (based on number of investor advocacy campaigns), today released an open letter to Baker Tilly US, LLP, as auditor of the Daily Journal Corporation (the “Company” or “DJCO”). The open letter may be viewed at: https://www.buxtonhelmsley.com/djco BH and its affiliates have chosen to retain no (long or short) interest in DJCO securities at the time of this release.

Contact: Jessica Marshall                                 (778)716-6706 LOS ANGELES, July 31, 2025 (GLOBE NEWSWIRE) -- Daily Journal Corporation is issuing this press release to provide additional public access to the Form 8-K it filed earlier this week with the Securities and Exchange Commission in response to the incredible interest in our software accounting expressed by Buxton Helmsley USA, Inc. and its Chairman and CEO, Alexander E. Parker. Below is the text of our Form 8-K.

NEW YORK, July 29, 2025 (GLOBE NEWSWIRE) -- Buxton Helmsley USA, Inc. (“BH”), a New York City-based alternative asset manager whose brand is recognized by Bloomberg as being among the top 15% of activist investors globally (based on number of investor advocacy campaigns), today released an open letter to the directors of the Daily Journal Corporation (the “Company” or “DJCO”), given a failure to timely react to a July 25, 2025, open letter to shareholders outlining concerns related to: (a) compliance with accounting standards and securities laws; and (b) corporate governance. The open letter may be viewed at: https://www.buxtonhelmsley.com/djco BH and its affiliates have chosen to retain no (long or short) interest in DJCO securities at the time of this release.

NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Buxton Helmsley USA, Inc. (“BH”), a New York City-based alternative asset manager whose brand is recognized by Bloomberg as being among the top 15% of activist investors globally (based on number of investor advocacy campaigns), today released an open letter to the directors of the Daily Journal Corporation (the “Company” or “DJCO”), given a failure to timely react to a July 25, 2025, open letter to shareholders outlining concerns related to: (a) compliance with accounting standards and securities laws; and (b) corporate governance. The open letter may be viewed at: https://www.buxtonhelmsley.com/djco BH and its affiliates have chosen to retain no (long or short) interest in DJCO securities at the time of this release.

NEW YORK, July 25, 2025 (GLOBE NEWSWIRE) -- Buxton Helmsley USA, Inc. (“BH”), a New York City-based alternative asset manager whose brand is recognized by Bloomberg as being among the top 15% of activist investors globally (based on number of investor advocacy campaigns), today released an open letter to shareholders of the Daily Journal Corporation (the “Company” or “DJCO”), about concerns related to: (a) compliance with accounting standards and securities laws; and (b) corporate governance. The open letter may be viewed at: https://www.buxtonhelmsley.com/djco BH and its affiliates have chosen to retain no (long or short) interest in DJCO securities at the time of this release.

Daily Journal reports a year-over-year increase in earnings per share for the six months ended March 31, 2025, as tech revenue and investment gains drive a near doubling of net income compared to the prior year period.

Contact : Tu To                                                 (213) 229-5436

Berkshire Hathaway has increased its stakes in five major Japanese trading houses, nearing the 10% ownership threshold. Warren Buffett's annual letter revealed that these trading houses have agreed to relax ownership limits, allowing Berkshire to expand its holdings. These tradings houses deal internationally in energy, mining, minerals, food & beverage, machinery and specialty chemicals.

DJCO appears undervalued due to recent sell-offs driven by a temporary decline in consulting revenue, presenting a potential rebound opportunity for investors. Despite a 28% drop in share price, DJCO has maintained steady operating margins and has strong liquidity with over $387 million as of Q4 2024. My price target of $421.8 projects a 10% upside by year-end, supported by conservative assumptions and potential growth in the software business.

Daily Journal's earnings per share fall year over year amid rising costs for the three months ended Dec. 31, 2024, but a 10.7% revenue boost from software fees and advertising provided some respite.

LOS ANGELES, Feb. 18, 2025 (GLOBE NEWSWIRE) -- During the three months ended December 31, 2024, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $17,704,000 as compared to $15,993,000 in the prior year period. This increase of $1,711,000 was primarily from increases in (i) Journal Technologies' license and maintenance fees of $968,000, and other public service fees of $1,242,000, partially offset by decreased consulting fees of $703,000, and (ii) the Traditional Business' advertising revenues of $192,000 and advertising service fees and other of $27,000.

DJCO reports strong FY 2024 results, with net income per share surging to $56.73, driven by Journal Technologies' revenue growth and marketable securities gains.

LOS ANGELES, Dec. 30, 2024 (GLOBE NEWSWIRE) -- During fiscal 2024, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $69,931,000 as compared to $67,709,000 in the prior year. This increase of $2,222,000 was primarily from increases in (i) Journal Technologies' license and maintenance fees of $4,762,000, and other public service fees of $1,577,000, partially offset by decreased consulting fees of $4,690,000, and (ii) the Traditional Business' advertising revenues of $370,000 and advertising service fees and other of $144,000.