Event-Driven Stocks

DAILY JOURNAL CORP

DJCONasdaq

Communication Services · Newspapers: Publishing or Publishing & Printing · SC · SEC filings ↗ · Compare ⊕

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Signs6 good1 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$87.7M$69.9M$67.7M$54.0M$49.9M$49.9M
Operating income$9.5M$4.1M$6.7M$2.0M$2.2M−$1.3M
Net income$112.1M$78.1M$21.5M−$21.5M$112.9M$4.0M
Total assets$548.1M$403.8M$354.9M$319.1M$382.6M$238.6M
Total liabilities$157.1M$125.0M
Equity$391.1M$278.8M$200.5M$179.0M$254.6M$141.7M
EPS (diluted)$81.41$56.73$15.58$-54.81$81.77
Shares out.1.4M1.4M1.4M1.4M1.4M1.4M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
10.9%
Net margin
127.9%
Return on equity
28.7%
Return on assets
20.5%
Return on capital (ROCE)
1.9%
Liabilities / assets
28.7%
Debt / equity
0.40×
Book value / share
$283.85
Revenue growth (YoY)
25.4%
Net income growth (YoY)
43.6%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
11.03safe
Accruals / assets
18.0%high accruals
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
73
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 33Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 severe1 warning6 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • High accruals — earnings-quality risk
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Insider transactions

SEC Form 4 · most recent
5 acquisitions7 disposalsnet 15,888 shares · last 12
InsiderDateTypeSharesPrice
Rayani RasoolDirectorMay 23, 2024Grant21$0.00
Frank JohnDirectorDec 16, 2025Grant50$0.00
Conlin Mary MurphyDirectorDec 16, 2025Grant50$0.00
Frank JohnDirectorMay 23, 2024Grant21$0.00
Conlin Mary MurphyDirectorMay 23, 2024Grant21$0.00
Munger Charles TDirectorJun 16, 2022J3,720$0.00
Salzman Gerald LOfficer — Chief Executive OfficerDec 22, 2020Sell8,286$332.00
Salzman Gerald LOfficer — Chief Executive OfficerDec 11, 2020Sell1,800$300.00
Salzman Gerald LOfficer — Chief Executive OfficerDec 9, 2020Sell346$278.00
Salzman Gerald LOfficer — Chief Executive OfficerNov 12, 2020Sell286$285.00
Salzman Gerald LOfficer — Chief Executive OfficerNov 9, 2020Sell1,577$281.00
Salzman Gerald LOfficer — Chief Executive OfficerNov 5, 2020Sell36$280.00

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 2026181,2357.1+5.5%
Apr 30, 2026171,8044.2-8.9%
Apr 15, 2026188,6802.2-10.7%
Mar 31, 2026211,2272.4+15.7%
Mar 13, 2026182,6351.5-0.4%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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