Daily Journal Corporation (DJCO) is a well-established company that provides wide-ranging services in the publishing and technology sector. Founded in 1946 and headquartered in Los Angeles, California, this company significantly contributes to the media and legal tech software industry through its numerous subsidiaries.
The company's primary focus and revenue source is its publication business which provides specialized information to a broad range of readers, from attorneys and realtors to construction professionals. It publishes criminal and civil law resources, business, and financial news in California and Arizona through its 11 registered newspapers, such as the Los Angeles Daily Journal and the San Francisco Daily Journal. Apart from newspapers, it also maintains digital platforms to make their resources more accessible to the public.
Over the years, Daily Journal Corporation has widened its services portfolio to include high-tech court management software through its subsidiary, Journal Technologies. The software provided performs various tasks related to case management for courts and justice agencies. It caters to clients such as courts, prosecutors, public defenders, probation departments, and other justice agencies, both in the United States and foreign jurisdictions. Journal Technologies also aids in automating processes and facilitating data management for clients, striking a balance between legal proceedings and technological advancements.
Despite operating within niche markets, Daily Journal Corporation has demonstrated robust growth over the years. To build on its success, the company also invests in securities and other ventures as part of its diversification strategy. These investments, managed under the expertise of the legendary investor Charles Munger, have significantly added to the company's assets.
Daily Journal Corporation has crafted its own path in the publishing and tech industry. By combining the traditional industry of newspaper publishing with the tech-forward industry of software, it capitalizes on both old and new forms of business. The company’s unique business model demonstrates its adaptability and solidifies its position in the market.
Embodied in its philosophy is a commitment to the highest principles of journalism and an unwavering dedication to delivering top-notch software solutions. Whether through the turning of a newspaper page or the click of a mouse, Daily Journal Corporation continues to be a necessary resource for its audience, and an impactful player in its industry.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
Daily Journal Corporation (NASDAQ:DJCO) has announced the completion of its acquisition of Revir Technologies, Inc. on October 13, 2026. Revir, an Austin-based software company, is known for its AI-driven Scout platform, which assists law enforcement and public safety agencies in managing and analyzing digital evidence. The acquisition, funded by cash on hand, will see Revir operate independently within Daily Journal Corporation's Courts, Justice, and Government Technology division and is described as "not material to the Company."
Wall Street Zen has upgraded Daily Journal Corp. (S.C.) (NASDAQ:DJCO) from "Sell" to "Hold," and Weiss Ratings also modestly improved its rating to "Hold." The stock currently has a consensus "Hold" rating, with shares trading above its 50-day and 200-day moving averages. Despite a recent quarterly loss of $7.90 per share and negative net margin, institutional investors and hedge funds hold over half of the company's stock.
Bank of America Corp DE acquired 1,896 shares of Daily Journal Corp. (S.C.) worth approximately $1.14 million during the second quarter, representing 0.14% of the company. Other institutional investors also adjusted their holdings, with hedge funds and institutions collectively owning 51.23% of DJCO. Analyst sentiment for Daily Journal Corp. remains cautious, holding an overall "Hold" rating despite recent downgrades to "Sell" and a lower "Hold."
Daily Journal Corporation's board has authorized the repurchase of up to 35,000 shares, representing 2.54% of its equity, by September 30, 2027. This capital allocation move coincides with an overhaul of its voting rules, eliminating cumulative voting for directors while adding proxy access and a director-resignation policy. The company, which operates both a securities portfolio and the Journal Technologies software unit, aims for this buyback to enhance shareholder value by spreading its growing operations and investment portfolio across fewer shares.
Wall Street Zen has downgraded Daily Journal Corp. (NASDAQ:DJCO) from a "hold" to a "sell" rating, while Weiss Ratings also lowered its assessment. Despite these downgrades, MarketBeat's consensus rating for DJCO remains "Hold." The company recently reported a quarterly loss of $7.90 per share on $26.98 million in revenue, with institutional investors owning approximately 51.23% of its outstanding shares.