Daily Journal (DJCO) Financials

$374.62 -3.41 (-0.90%)

As of 11:40 AM Eastern

Annual Income Statements for Daily Journal

This table shows Daily Journal's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Net Income / (Loss) Attributable to Common Shareholders	113	-76	21	78
Consolidated Net Income / (Loss)	113	-76	21	78
Net Income / (Loss) Continuing Operations	113	-76	21	78
Total Pre-Tax Income	153	-103	28	104
Total Operating Income	2.15	1.99	6.65	4.07
Total Gross Profit	16	18	24	23
Total Revenue	50	54	68	70
Operating Revenue	50	54	68	70
Total Cost of Revenue	34	36	43	47
Operating Cost of Revenue	34	36	43	47
Total Operating Expenses	14	15	18	19
Selling, General & Admin Expense	3.17	4.19	4.82	4.88
Depreciation Expense	0.48	0.38	0.28	0.27
Other Operating Expenses / (Income)	9.89	11	13	14
Other Special Charges / (Income)	0.00	-0.27	0.00	-0.00
Total Other Income / (Expense), net	151	-105	21	100
Interest Expense	0.33	1.11	4.33	3.09
Interest & Investment Income	45	20	8.34	7.10
Other Income / (Expense), net	107	-123	17	96
Income Tax Expense	40	-27	6.65	26
Basic Earnings per Share	$81.77	($54.81)	$15.58	$56.73
Weighted Average Basic Shares Outstanding	1.38M	1.38M	1.38M	1.38M
Weighted Average Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M
Weighted Average Basic & Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M

This table shows Daily Journal's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q2 2024	Q3 2024	Q1 2025
Period end date	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	12/31/2023
Net Income / (Loss) Attributable to Common Shareholders	-9.86	-45	18	9.43	0.68	-6.49	15	23	13
Consolidated Net Income / (Loss)	-9.86	-45	18	9.43	0.68	-6.49	15	23	13
Net Income / (Loss) Continuing Operations	-9.86	-45	18	9.43	0.68	-6.49	15	23	13
Total Pre-Tax Income	-14	-62	24	13	0.38	-9.48	21	32	16
Total Operating Income	-2.10	3.66	-0.72	1.63	2.31	3.43	0.63	1.09	0.62
Total Gross Profit	3.40	20	2.67	6.01	6.89	8.70	4.56	5.43	4.65
Total Revenue	13	29	12	16	18	22	17	17	16
Operating Revenue	13	-	12	16	18	22	17	17	16
Total Cost of Revenue	9.42	9.74	9.63	10	11	13	12	12	11
Operating Cost of Revenue	9.42	9.74	9.63	10	11	13	12	12	11
Total Operating Expenses	5.50	16	3.39	4.38	4.57	5.27	3.93	4.34	4.02
Selling, General & Admin Expense	1.01	0.95	1.23	1.29	1.00	1.30	1.08	1.42	1.09
Depreciation Expense	0.07	0.08	0.08	0.07	0.07	0.07	0.07	0.07	0.07
Other Operating Expenses / (Income)	4.42	4.08	2.08	3.03	3.50	3.90	2.78	2.85	2.87
Total Other Income / (Expense), net	-11	-66	25	12	-1.93	-13	20	31	15
Interest Expense	0.29	0.55	0.87	1.06	1.18	1.21	1.07	0.45	1.14
Interest & Investment Income	1.26	1.20	1.07	4.06	1.99	1.22	1.29	3.00	1.57
Other Income / (Expense), net	-12	-67	24	8.64	-2.74	-13	20	28	15
Income Tax Expense	-3.67	-17	6.10	3.84	-0.30	-2.99	5.21	8.48	3.13
Basic Earnings per Share	($7.15)	($32.50)	$12.95	$6.85	$0.49	($4.71)	$11.19	$16.96	$9.16
Weighted Average Basic Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M
Weighted Average Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M
Weighted Average Basic & Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M

This table details how cash moves in and out of Daily Journal's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Net Change in Cash & Equivalents	-14	0.83	14	-7.21
Net Cash From Operating Activities	3.29	-5.26	15	-0.09
Net Cash From Continuing Operating Activities	3.29	-5.26	21	-0.09
Net Income / (Loss) Continuing Operations	113	-76	21	78
Consolidated Net Income / (Loss)	113	-76	21	78
Depreciation Expense	0.48	0.38	0.28	0.27
Non-Cash Adjustments To Reconcile Net Income	-148	109	-14	-96
Changes in Operating Assets and Liabilities, net	38	-39	14	17
Net Cash From Investing Activities	-20	-37	-7.26	41
Net Cash From Continuing Investing Activities	-20	-37	-7.26	41
Purchase of Property, Plant & Equipment	-0.03	-0.04	-0.09	-0.05
Purchase of Investments	-65	-118	-10	0.00
Sale of Property, Plant & Equipment	0.00	0.38	0.00	0.00
Sale and/or Maturity of Investments	45	81	2.83	41
Net Cash From Financing Activities	2.38	43	-0.15	-48
Net Cash From Continuing Financing Activities	2.38	43	-0.15	-48
Repayment of Debt	-15	-0.16	-6.16	-48
Issuance of Debt	17	43	6.01	0.00
Cash Interest Paid	0.33	1.05	4.27	3.05
Cash Income Taxes Paid	1.95	11	0.81	5.13

This table details how cash moves in and out of Daily Journal's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q3 2024	Q4 2024	Q1 2025
Period end date	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	3.59	4.55	1.18	-0.77	6.65	6.58	-0.35	3.05	1.90
Net Cash From Operating Activities	3.26	4.60	2.40	-0.67	6.69	6.66	1.60	3.12	2.21
Net Cash From Continuing Operating Activities	3.26	4.60	2.40	-0.67	6.69	13	1.60	3.12	1.94
Net Income / (Loss) Continuing Operations	-9.86	-45	18	9.43	0.68	-6.49	23	27	11
Consolidated Net Income / (Loss)	-9.86	-45	18	9.43	0.68	-6.49	23	27	11
Depreciation Expense	0.07	0.08	0.08	0.07	0.07	0.07	0.07	0.07	0.07
Non-Cash Adjustments To Reconcile Net Income	12	66	-24	-11	7.39	13	-24	-33	-13
Changes in Operating Assets and Liabilities, net	0.66	-17	8.94	0.57	-1.44	5.71	2.15	9.80	4.37
Net Cash From Investing Activities	0.37	-0.02	-7.21	-0.04	-0.01	-	0.01	-0.03	0.00
Net Cash From Continuing Investing Activities	0.37	-0.02	-7.21	-0.04	-0.01	-	0.01	-0.03	0.00
Purchase of Property, Plant & Equipment	-0.01	-0.02	-0.04	-0.04	-0.01	-	0.01	-0.04	0.00
Net Cash From Financing Activities	-0.04	-0.04	5.99	-0.07	-0.04	-6.04	-1.96	-0.04	-0.04
Net Cash From Continuing Financing Activities	-0.04	-0.04	5.99	-0.07	-0.04	-6.04	-1.96	-0.04	-0.04
Repayment of Debt	-0.04	-0.04	-0.02	-0.07	-0.04	-6.04	-1.96	-0.04	-0.04
Cash Interest Paid	0.24	0.54	0.92	0.95	1.18	1.22	0.54	0.32	0.42
Cash Income Taxes Paid	0.01	-1.66	0.00	0.05	0.04	0.72	1.40	1.92	0.00

This table presents Daily Journal's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Total Assets	383	319	355	404
Total Current Assets	372	309	345	394
Cash & Equivalents	13	13	21	13
Restricted Cash	2.04	2.05	2.10	2.19
Short-Term Investments	348	276	303	359
Accounts Receivable	9.52	17	19	19
Inventories, net	0.04	0.06	0.07	0.02
Prepaid Expenses	0.56	0.45	0.38	0.61
Current Deferred & Refundable Income Taxes	0.00	1.02	0.00	0.03
Other Current Assets	-	-	0.19	0.75
Plant, Property, & Equipment, net	10	9.55	9.36	9.14
Plant, Property & Equipment, gross	20	20	20	20
Accumulated Depreciation	9.71	9.99	10	11
Total Noncurrent Assets	0.22	0.10	0.10	0.13
Other Noncurrent Operating Assets	0.22	0.10	0.10	0.13
Total Liabilities & Shareholders' Equity	383	319	355	404
Total Liabilities	128	140	154	125
Total Current Liabilities	34	34	42	38
Short-Term Debt	0.15	0.15	0.16	0.16
Accounts Payable	4.24	5.06	6.64	6.05
Accrued Expenses	6.05	7.07	8.79	8.52
Current Deferred Revenue	17	21	26	24
Total Noncurrent Liabilities	94	106	112	87
Long-Term Debt	1.43	1.29	1.12	0.96
Noncurrent Deferred Revenue	1.00	0.37	1.00	0.88
Noncurrent Deferred & Payable Income Tax Liabilities	56	25	31	53
Noncurrent Employee Benefit Liabilities	-	-	0.20	0.78
Other Noncurrent Operating Liabilities	35	80	79	31
Commitments & Contingencies	0.00	-	0.00	0.00
Total Equity & Noncontrolling Interests	255	179	200	279
Total Preferred & Common Equity	255	179	200	279
Total Common Equity	255	179	200	279
Common Stock	1.77	1.77	1.77	1.97
Retained Earnings	253	177	199	277

This table presents Daily Journal's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q2 2024	Q3 2024	Q1 2025
Period end date	6/30/2022	12/31/2022	3/31/2023	6/30/2023	3/31/2024	6/30/2024	12/31/2024
Total Assets	385	346	359	366	336	370	413
Total Current Assets	368	337	349	357	326	361	403
Cash & Equivalents	8.88	15	14	20	11	9.99	15
Restricted Cash	2.04	2.05	2.13	2.08	2.14	2.17	2.21
Short-Term Investments	342	307	319	316	297	325	372
Accounts Receivable	11	11	14	17	16	22	13
Inventories, net	0.07	0.08	0.10	0.06	0.06	0.04	0.04
Prepaid Expenses	0.55	0.41	0.48	0.56	0.51	0.52	0.47
Current Deferred & Refundable Income Taxes	3.95	1.02	0.75	0.14	-	-	0.07
Other Current Assets	-	-	-	-	0.52	0.72	0.83
Plant, Property, & Equipment, net	9.61	9.51	9.48	9.43	9.25	9.17	9.08
Plant, Property & Equipment, gross	20	20	20	20	20	20	20
Accumulated Depreciation	9.95	10	10	10	10	10	11
Total Noncurrent Assets	6.92	0.08	0.05	0.03	0.07	0.15	0.10
Other Noncurrent Operating Assets	0.13	0.08	0.05	0.03	0.07	0.15	0.10
Total Liabilities & Shareholders' Equity	385	346	359	366	336	370	413
Total Liabilities	161	149	153	159	107	118	123
Total Current Liabilities	30	31	31	39	36	42	33
Short-Term Debt	0.15	0.15	0.16	0.16	0.16	0.16	0.17
Accounts Payable	4.41	5.27	4.42	6.11	6.07	6.78	6.49
Accrued Expenses	5.39	4.20	4.73	5.38	6.05	7.69	5.77
Current Deferred Revenue	20	22	22	27	22	25	20
Total Noncurrent Liabilities	130	118	121	120	71	76	90
Long-Term Debt	1.32	1.25	1.20	1.16	1.04	1.00	0.91
Noncurrent Deferred Revenue	0.38	0.49	0.52	0.41	0.82	0.53	0.49
Noncurrent Deferred & Payable Income Tax Liabilities	51	31	35	34	36	43	57
Noncurrent Employee Benefit Liabilities	-	-	-	-	0.51	0.65	0.93
Other Noncurrent Operating Liabilities	78	85	85	85	33	30	31
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	224	197	206	207	228	252	290
Total Preferred & Common Equity	224	197	206	207	228	252	290
Total Common Equity	224	197	206	207	228	252	290
Common Stock	1.77	1.77	1.77	1.77	1.77	1.77	2.00
Retained Earnings	222	195	205	205	227	250	288

This table displays calculated financial ratios and metrics derived from Daily Journal's official financial filings.

Metric	2021	2022	2023	2024
Period end date	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Growth Metrics	-	-	-	-
Revenue Growth	-0.03%	8.18%	25.37%	3.28%
EBITDA Growth	2,932.68%	-210.84%	120.14%	312.19%
EBIT Growth	2,582.76%	-211.67%	119.85%	315.85%
NOPAT Growth	229.39%	-12.29%	264.71%	-39.96%
Net Income Growth	2,693.86%	-166.98%	128.37%	264.13%
EPS Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	40.67%	-260.10%	386.71%	-100.59%
Free Cash Flow Firm Growth	2,211.92%	-86.07%	216.96%	-244.86%
Invested Capital Growth	-63.37%	-4.30%	-12.46%	24.42%
Revenue Q/Q Growth	0.00%	0.00%	-10.46%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	183.87%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	182.09%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	5.36%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	227.01%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-14.85%	20.30%	15.78%	-102.58%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	4.57%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	31.44%	32.46%	35.83%	32.54%
EBITDA Margin	218.73%	-224.10%	36.00%	143.68%
Operating Margin	4.31%	3.68%	9.82%	5.82%
EBIT Margin	217.77%	-224.80%	35.59%	143.30%
Profit (Net Income) Margin	226.14%	-140.02%	31.68%	111.70%
Tax Burden Percent	73.77%	73.74%	76.34%	74.91%
Interest Burden Percent	140.77%	84.46%	116.62%	104.06%
Effective Tax Rate	26.23%	0.00%	23.66%	25.09%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	56.97%	-34.88%	11.31%	32.60%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	35.01%	-34.61%	7.15%	26.42%
Return on Assets (ROA)	36.35%	-21.56%	6.37%	20.59%
Return on Common Equity (ROCE)	56.97%	-34.88%	11.31%	32.60%
Return on Equity Simple (ROE_SIMPLE)	44.34%	-42.24%	10.70%	28.02%
Net Operating Profit after Tax (NOPAT)	1.59	1.39	5.08	3.05
NOPAT Margin	3.18%	2.58%	7.50%	4.36%
Net Nonoperating Expense Percent (NNEP)	39.25%	-23.69%	5.33%	21.52%
Return On Investment Capital (ROIC_SIMPLE)	-	-	2.52%	1.09%
Cost of Revenue to Revenue	68.56%	67.54%	64.17%	67.46%
SG&A Expenses to Revenue	6.36%	7.76%	7.11%	6.97%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.13%	28.27%	26.00%	26.71%
Earnings before Interest and Taxes (EBIT)	109	-121	24	100
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	109	-121	24	100
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	1.74	1.97	2.02	2.42
Price to Tangible Book Value (P/TBV)	1.74	1.97	2.02	2.42
Price to Revenue (P/Rev)	8.86	6.54	5.98	9.65
Price to Earnings (P/E)	3.92	0.00	18.87	8.64
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	25.52%	0.00%	5.30%	11.57%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.64	1.18	1.18	4.32
Enterprise Value to EBITDA (EV/EBITDA)	0.75	0.00	3.28	3.01
Enterprise Value to EBIT (EV/EBIT)	0.75	0.00	3.32	3.02
Enterprise Value to NOPAT (EV/NOPAT)	51.48	45.60	15.76	99.16
Enterprise Value to Operating Cash Flow (EV/OCF)	24.87	0.00	5.31	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	1.91	10.67	4.25	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.01	0.01	0.01	0.00
Long-Term Debt to Equity	0.01	0.01	0.01	0.00
Financial Leverage	-1.43	-1.50	-1.62	-1.46
Leverage Ratio	1.57	1.62	1.78	1.58
Compound Leverage Factor	2.21	1.37	2.07	1.65
Debt to Total Capital	0.62%	0.79%	0.63%	0.40%
Short-Term Debt to Total Capital	0.06%	0.08%	0.08%	0.06%
Long-Term Debt to Total Capital	0.56%	0.71%	0.56%	0.34%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.38%	99.21%	99.37%	99.60%
Debt to EBITDA	0.01	-0.01	0.05	0.01
Net Debt to EBITDA	-3.30	2.39	-13.32	-3.71
Long-Term Debt to EBITDA	0.01	-0.01	0.05	0.01
Debt to NOPAT	0.99	1.03	0.25	0.37
Net Debt to NOPAT	-227.18	-207.98	-63.96	-122.26
Long-Term Debt to NOPAT	0.90	0.92	0.22	0.31
Altman Z-Score	5.13	2.24	3.80	6.25
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	10.95	9.20	8.19	10.26
Quick Ratio	10.87	9.10	8.12	10.17
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	43	5.95	19	-27
Operating Cash Flow to CapEx	11,331.03%	0.00%	17,539.53%	-197.78%
Free Cash Flow to Firm to Interest Expense	130.58	5.36	4.35	-8.85
Operating Cash Flow to Interest Expense	10.05	-4.74	3.48	-0.03
Operating Cash Flow Less CapEx to Interest Expense	9.96	-4.43	3.46	-0.04
Efficiency Ratios	-	-	-	-
Asset Turnover	0.16	0.15	0.20	0.18
Accounts Receivable Turnover	6.14	4.08	3.80	3.69
Inventory Turnover	866.58	736.97	678.91	1,084.55
Fixed Asset Turnover	4.88	5.52	7.16	7.56
Accounts Payable Turnover	8.38	7.84	7.42	7.43
Days Sales Outstanding (DSO)	59.41	89.39	96.00	98.92
Days Inventory Outstanding (DIO)	0.42	0.50	0.54	0.34
Days Payable Outstanding (DPO)	43.53	46.53	49.16	49.10
Cash Conversion Cycle (CCC)	16.29	43.36	47.38	50.16
Capital & Investment Metrics	-	-	-	-
Invested Capital	-106	-111	-124	-94
Invested Capital Turnover	-0.58	-0.50	-0.58	-0.64
Increase / (Decrease) in Invested Capital	-41	-4.56	-14	30
Enterprise Value (EV)	82	63	80	302
Market Capitalization	442	353	405	675
Book Value per Share	$184.42	$130.00	$145.58	$202.39
Tangible Book Value per Share	$184.42	$130.00	$145.58	$202.39
Total Capital	256	180	202	280
Total Debt	1.58	1.43	1.28	1.12
Total Long-Term Debt	1.43	1.29	1.12	0.96
Net Debt	-361	-290	-325	-373
Capital Expenditures (CapEx)	0.03	-0.35	0.09	0.05
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-24	-15	-23	-18
Debt-free Net Working Capital (DFNWC)	338	276	303	356
Net Working Capital (NWC)	338	276	303	356
Net Nonoperating Expense (NNE)	-111	77	-16	-75
Net Nonoperating Obligations (NNO)	-361	-290	-325	-373
Total Depreciation and Amortization (D&A)	0.48	0.38	0.28	0.27
Debt-free, Cash-free Net Working Capital to Revenue	-47.55%	-27.80%	-33.54%	-25.24%
Debt-free Net Working Capital to Revenue	677.96%	510.99%	448.04%	509.38%
Net Working Capital to Revenue	677.66%	510.72%	447.81%	509.15%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$81.77	($54.81)	$15.58	$56.73
Adjusted Weighted Average Basic Shares Outstanding	1.38M	1.38M	1.38M	1.38M
Adjusted Diluted Earnings per Share	$81.77	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M
Adjusted Basic & Diluted Earnings per Share	$81.77	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M
Normalized Net Operating Profit after Tax (NOPAT)	1.59	1.20	5.08	3.05
Normalized NOPAT Margin	3.18%	2.23%	7.50%	4.36%
Pre Tax Income Margin	306.56%	-189.87%	41.50%	149.12%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	332.48	-109.48	5.56	32.46
NOPAT to Interest Expense	4.85	1.26	1.17	0.99
EBIT Less CapEx to Interest Expense	332.39	-109.17	5.54	32.45
NOPAT Less CapEx to Interest Expense	4.77	1.57	1.15	0.97
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Daily Journal's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q2 2024	Q3 2024	Q1 2025
Period end date	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	12/31/2023
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	-5.49%	0.00%	4.81%	0.00%	38.13%	-26.84%	2.58%	-1.19%	0.00%
EBITDA Growth	-125.22%	0.00%	166.26%	232.13%	97.55%	85.02%	97.93%	8,341.53%	0.00%
EBIT Growth	-125.40%	0.00%	165.86%	229.20%	97.09%	84.94%	98.63%	6,997.63%	0.00%
NOPAT Growth	-250.88%	0.00%	-1,684.17%	342.48%	378.46%	-6.36%	-59.04%	-80.49%	0.00%
Net Income Growth	-123.16%	0.00%	159.19%	133.92%	106.86%	85.53%	63.42%	3,349.78%	0.00%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	1.91%	41.05%	637.85%	95.03%	105.27%	44.66%	0.00%	-76.08%	0.00%
Free Cash Flow Firm Growth	-56.85%	0.00%	0.00%	-96.17%	-69.53%	0.00%	-3,140.88%	-755.14%	0.00%
Invested Capital Growth	-23.40%	0.00%	14.63%	-0.30%	-2.21%	-12.46%	37.01%	35.40%	0.00%
Revenue Q/Q Growth	0.00%	129.82%	-58.24%	31.32%	9.60%	21.72%	0.00%	5.57%	0.00%
EBITDA Q/Q Growth	-84.32%	-335.81%	137.87%	-56.57%	-103.42%	-2,559.32%	0.00%	42.57%	0.00%
EBIT Q/Q Growth	-82.40%	-334.12%	137.71%	-56.73%	-104.11%	-2,146.45%	0.00%	42.71%	0.00%
NOPAT Q/Q Growth	-663.81%	274.18%	-120.81%	316.57%	254.82%	-41.43%	0.00%	68.98%	0.00%
Net Income Q/Q Growth	64.54%	-354.54%	139.77%	-47.09%	-92.82%	-1,057.90%	0.00%	51.51%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	124.24%	41.18%	-47.91%	-127.86%	1,102.10%	-0.51%	0.00%	0.00%	-29.39%
Free Cash Flow Firm Q/Q Growth	-43.14%	-100.00%	0.00%	106.94%	352.01%	133.87%	0.00%	2.62%	0.00%
Invested Capital Q/Q Growth	-0.65%	13.27%	-13.56%	-1.17%	-2.57%	4.57%	0.00%	-5.20%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	26.50%	66.95%	21.71%	37.19%	38.90%	40.35%	27.52%	31.01%	29.05%
EBITDA Margin	-112.53%	-213.39%	193.53%	64.00%	-2.00%	-43.68%	123.49%	166.77%	96.17%
Operating Margin	-16.41%	12.44%	-5.82%	10.06%	13.06%	15.92%	3.82%	6.23%	3.90%
EBIT Margin	-113.11%	-213.66%	192.92%	63.57%	-2.38%	-43.99%	123.09%	166.39%	95.75%
Profit (Net Income) Margin	-76.94%	-152.18%	144.92%	58.39%	3.82%	-30.09%	93.02%	133.50%	78.88%
Tax Burden Percent	72.91%	72.28%	74.51%	71.10%	177.23%	68.44%	74.76%	73.36%	80.15%
Interest Burden Percent	93.31%	98.54%	100.83%	129.20%	-90.52%	99.95%	101.09%	109.37%	102.79%
Effective Tax Rate	0.00%	0.00%	25.49%	28.90%	-77.23%	0.00%	25.24%	26.64%	19.85%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	-34.88%	-28.22%	-12.47%	-7.84%	11.31%	0.00%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	-32.89%	26.92%	12.00%	-0.48%	-8.84%	0.00%	0.00%	0.00%
Return on Assets (ROA)	0.00%	-23.43%	20.22%	11.03%	0.77%	-6.05%	0.00%	0.00%	0.00%
Return on Common Equity (ROCE)	0.00%	-34.88%	-28.22%	-12.47%	-7.84%	11.31%	0.00%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	-32.86%	-13.30%	-8.16%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-1.47	2.56	-0.53	1.16	4.10	2.40	0.47	0.80	0.50
NOPAT Margin	-11.49%	8.70%	-4.34%	7.15%	23.15%	11.14%	2.86%	4.57%	3.12%
Net Nonoperating Expense Percent (NNEP)	-2.36%	-16.37%	5.02%	2.39%	-0.99%	-2.89%	4.66%	6.70%	3.12%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	1.19%	-	-	0.17%
Cost of Revenue to Revenue	73.50%	33.05%	78.29%	62.81%	61.10%	59.65%	72.48%	68.99%	70.95%
SG&A Expenses to Revenue	7.86%	3.23%	9.97%	7.97%	5.67%	6.02%	6.52%	8.12%	6.80%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	42.90%	53.59%	27.53%	27.13%	25.84%	24.43%	23.70%	24.78%	25.15%
Earnings before Interest and Taxes (EBIT)	-14	-63	24	10	-0.42	-9.48	20	29	15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-14	-63	24	10	-0.35	-9.41	20	29	15
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.60	1.97	1.75	1.90	1.92	2.02	2.18	2.16	1.62
Price to Tangible Book Value (P/TBV)	1.60	1.97	1.75	1.90	1.92	2.02	2.18	2.16	1.62
Price to Revenue (P/Rev)	0.00	6.54	6.32	5.55	5.27	5.98	0.00	0.00	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	18.87	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	5.30%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	1.18	0.41	0.84	0.81	1.18	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	3.28	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	3.32	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	45.60	26.50	34.20	12.68	15.76	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	6.16	4.69	5.31	22.18	60.09	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	4.25	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00
Long-Term Debt to Equity	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00
Financial Leverage	-1.48	-1.62	-1.59	-1.58	-1.60	-1.62	-1.48	-1.47	-1.34
Leverage Ratio	1.61	1.62	1.71	1.70	1.74	1.78	1.60	1.60	1.42
Compound Leverage Factor	1.51	1.59	1.72	2.20	-1.58	1.78	1.62	1.75	1.46
Debt to Total Capital	0.65%	0.79%	0.71%	0.65%	0.63%	0.63%	0.52%	0.46%	0.37%
Short-Term Debt to Total Capital	0.07%	0.08%	0.08%	0.07%	0.08%	0.08%	0.07%	0.06%	0.06%
Long-Term Debt to Total Capital	0.58%	0.71%	0.63%	0.58%	0.56%	0.56%	0.45%	0.39%	0.31%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.35%	99.21%	99.29%	99.35%	99.37%	99.37%	99.48%	99.54%	99.63%
Debt to EBITDA	0.00	-0.01	-0.02	-0.03	-0.05	0.05	0.00	0.00	0.00
Net Debt to EBITDA	0.00	2.39	5.26	7.73	11.60	-13.32	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	-0.01	-0.02	-0.03	-0.04	0.05	0.00	0.00	0.00
Debt to NOPAT	0.00	1.03	1.65	0.78	0.27	0.25	0.00	0.00	0.00
Net Debt to NOPAT	0.00	-207.98	-378.43	-192.84	-69.97	-63.96	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.92	1.47	0.69	0.24	0.22	0.00	0.00	0.00
Altman Z-Score	0.00	2.85	3.62	3.69	3.53	3.49	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	12.17	9.20	10.76	11.18	9.24	8.19	8.97	8.58	12.31
Quick Ratio	11.95	9.10	10.64	11.07	9.17	8.12	8.88	8.50	12.20
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	23	0.00	-22	1.53	6.92	16	-47	-45	0.00
Operating Cash Flow to CapEx	29,645.45%	20,927.27%	6,661.11%	-1,757.89%	55,783.33%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	77.47	0.00	-25.26	1.44	5.85	13.35	-43.65	-101.84	0.00
Operating Cash Flow to Interest Expense	11.13	8.31	2.75	-0.63	5.66	5.50	0.00	3.60	1.93
Operating Cash Flow Less CapEx to Interest Expense	11.09	8.27	2.71	-0.66	5.65	5.50	0.00	3.62	1.93
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.15	0.14	0.19	0.20	0.20	0.00	0.00	0.00
Accounts Receivable Turnover	0.00	4.08	5.88	6.79	5.42	3.80	0.00	0.00	0.00
Inventory Turnover	0.00	736.97	553.44	522.60	635.12	678.91	0.00	0.00	0.00
Fixed Asset Turnover	0.00	5.52	5.62	7.34	7.94	7.16	0.00	0.00	0.00
Accounts Payable Turnover	0.00	7.84	8.39	9.29	7.67	7.42	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	89.39	62.04	53.79	67.34	96.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.50	0.66	0.70	0.57	0.54	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	46.53	43.51	39.27	47.61	49.16	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	43.36	19.19	15.22	20.30	47.38	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	-127	-111	-126	-127	-130	-124	-80	-84	-99
Invested Capital Turnover	0.00	-0.49	-0.40	-0.56	-0.59	-0.58	0.00	0.00	0.00
Increase / (Decrease) in Invested Capital	-24	0.00	22	-0.38	-2.82	-14	47	46	0.00
Enterprise Value (EV)	6.03	63	23	59	61	80	189	207	81
Market Capitalization	357	353	345	392	398	405	498	543	469
Book Value per Share	$162.12	$130.00	$142.95	$149.80	$150.29	$145.58	$165.94	$182.90	$210.38
Tangible Book Value per Share	$162.12	$130.00	$142.95	$149.80	$150.29	$145.58	$165.94	$182.90	$210.38
Total Capital	225	180	198	208	208	202	230	253	291
Total Debt	1.47	1.43	1.41	1.35	1.32	1.28	1.20	1.16	1.08
Total Long-Term Debt	1.32	1.29	1.25	1.20	1.16	1.12	1.04	1.00	0.91
Net Debt	-351	-290	-322	-333	-337	-325	-309	-336	-388
Capital Expenditures (CapEx)	0.01	0.02	0.04	0.04	0.01	0.00	0.00	-0.01	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-15	-15	-18	-16	-20	-23	-20	-18	-19
Debt-free Net Working Capital (DFNWC)	338	276	306	318	318	303	290	319	371
Net Working Capital (NWC)	338	276	305	318	318	303	290	319	371
Net Nonoperating Expense (NNE)	8.39	47	-18	-8.28	3.42	8.89	-15	-23	-12
Net Nonoperating Obligations (NNO)	-351	-290	-322	-333	-337	-325	-309	-336	-388
Total Depreciation and Amortization (D&A)	0.07	0.08	0.08	0.07	0.07	0.07	0.07	0.07	0.07
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-27.80%	-33.46%	-22.98%	-27.08%	-33.54%	0.00%	0.00%	0.00%
Debt-free Net Working Capital to Revenue	0.00%	510.99%	559.85%	450.16%	420.66%	448.04%	0.00%	0.00%	0.00%
Net Working Capital to Revenue	0.00%	510.72%	559.57%	449.94%	420.45%	447.81%	0.00%	0.00%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($7.15)	($32.50)	$12.95	$6.85	$0.49	($4.71)	$11.19	$16.96	$9.16
Adjusted Weighted Average Basic Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M	1.38M
Normalized Net Operating Profit after Tax (NOPAT)	-1.47	2.56	-0.53	1.16	1.62	2.40	0.47	0.80	0.50
Normalized NOPAT Margin	-11.49%	8.70%	-4.34%	7.15%	9.15%	11.14%	2.86%	4.57%	3.12%
Pre Tax Income Margin	-105.54%	-210.54%	194.51%	82.13%	2.16%	-43.97%	124.43%	181.98%	98.42%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-49.48	-113.60	27.18	9.65	-0.36	-7.82	19.13	65.41	13.41
NOPAT to Interest Expense	-5.02	4.63	-0.61	1.09	3.47	1.98	0.44	1.80	0.44
EBIT Less CapEx to Interest Expense	-49.52	-113.64	27.14	9.62	-0.37	-7.82	0.00	65.44	13.41
NOPAT Less CapEx to Interest Expense	-5.06	4.59	-0.65	1.05	3.46	1.98	0.00	1.82	0.44
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Daily Journal's Financials

When does Daily Journal's financial year end?

According to the most recent income statement we have on file, Daily Journal's fiscal year ends in September. Their fiscal year 2024 ended on September 30, 2024.

How has Daily Journal's net income changed over the last 3 years?

Daily Journal's net income appears to be on a downward trend, with a most recent value of $78.11 million in 2024, falling from $112.90 million in 2021. The previous period was $21.45 million in 2023.

What is Daily Journal's operating income?

Daily Journal's total operating income in 2024 was $4.07 million, based on the following breakdown:

Total Gross Profit: $22.75 million
Total Operating Expenses: $18.68 million

How has Daily Journal revenue changed over the last 3 years?

Over the last 3 years, Daily Journal's total revenue changed from $49.93 million in 2021 to $69.93 million in 2024, a change of 40.1%.

How much debt does Daily Journal have?

Daily Journal's total liabilities were at $124.98 million at the end of 2024, a 19.1% decrease from 2023, and a 2.3% decrease since 2021.

How much cash does Daily Journal have?

In the past 3 years, Daily Journal's cash and equivalents has ranged from $12.60 million in 2021 to $20.84 million in 2023, and is currently $12.99 million as of their latest financial filing in 2024.

How has Daily Journal's book value per share changed over the last 3 years?

Over the last 3 years, Daily Journal's book value per share changed from 184.42 in 2021 to 202.39 in 2024, a change of 9.7%.

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This page (NASDAQ:DJCO) was last updated on 5/5/2025 by MarketBeat.com Staff

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Daily Journal (DJCO) Financials

Frequently Asked Questions About Daily Journal's Financials

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Daily Journal (DJCO) Financials

Annual Income Statements for Daily Journal

Quarterly Income Statements for Daily Journal

Annual Cash Flow Statements for Daily Journal

Quarterly Cash Flow Statements for Daily Journal

Annual Balance Sheets for Daily Journal

Quarterly Balance Sheets for Daily Journal

Annual Metrics and Ratios for Daily Journal

Quarterly Metrics and Ratios for Daily Journal

Frequently Asked Questions About Daily Journal's Financials

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