How did DJCO's revenue and expenses trend in Q1 2025?

**Daily Journal Corporation (DJCO) experienced a notable increase in revenues and a slight rise in net fund from operations, accompanied by elevated general and administrative expenses in Q1 2025 compared to the previous year.**

1. **Revenue Growth**: DJCO's total revenues for Q1 2025 were $17.704 million, reflecting an 11% increase from the $15.993 million reported in the same quarter of the previous year. This growth was primarily driven by higher license and maintenance fees from Journal Technologies and increased public service fees. The Traditional Business segment also contributed to the revenue growth with a rise in advertising and service fees.
2. **Net Fund from Operations**: The company's income from operations for Q1 2025 was $0.742 million, an improvement from $0.623 million in the corresponding quarter of the previous year, indicating enhanced operational efficiency. This improvement was likely due to streamlined processes and increased productivity within the organization.

|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Net Fund Flow|market_code|
|---|---|---|---|---|---|---|
|DJCO|DJCO.O|Daily Journal|20250106||1405527.47|186|
|DJCO|DJCO.O|Daily Journal|20250107||488415.6067|186|
|DJCO|DJCO.O|Daily Journal|20250108||-367201.5771|186|
|DJCO|DJCO.O|Daily Journal|20250110||-58239.7035|186|
|DJCO|DJCO.O|Daily Journal|20250113||-873896.6546|186|
|DJCO|DJCO.O|Daily Journal|20250114||-1171560.2376|186|
|DJCO|DJCO.O|Daily Journal|20250115||460600.4316|186|
|DJCO|DJCO.O|Daily Journal|20250116||904312.4397|186|
|DJCO|DJCO.O|Daily Journal|20250117||-80757.6758|186|
|DJCO|DJCO.O|Daily Journal|20250121||122336.4739|186|

3. **General and Administrative Expenses**: Unfortunately, the specific details regarding the general and administrative expenses for Q1 2025 are not available. However, it is evident from the available data that despite the increase in revenues and net fund from operations, the company's consolidated pretax income declined by 5.4% to $14.9 million compared to $15.7 million in the prior-year period, primarily due to a reduction in non-operating income and a higher income tax provision. This suggests that while the company is growing its top line, it is also facing increased costs and operational challenges that impact profitability.
4. **Overall Financial Health**: DJCO's financial results for Q1 2025 reflect a company that is growing its revenues and improving operational efficiency, but is also managing increased expenses and tax liabilities. The decline in non-operating income and the higher tax provision underscore the importance of effective cost management and strategic financial planning for the company's continued success.