COMP <GO>

TDAY vs DJCO // GROSS PROFIT MARGIN

USA TODAY Co. Inc. (NYSE) VS. Daily Journal Corp. (S.C.) (NASDAQ) • 15-METRIC TALLY: TDAY 3 — DJCO 2

■ METRIC PARITY

LAST: $6.19 (-3.13%) • MKT CAP: $908.8M

gross-margins

38.70%

LAST: $628.67 (+2.62%) • MKT CAP: $866.3M

gross-margins

—

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TDAY VS. DJCO) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	TDAY	DJCO	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin ACTIVE	38.70%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	1.10%	2.10%	-1.00	DJCO	/roic <GO>
EV/EBITDA & P/E Valuation	—	89.1x	—	TIE	/valuation <GO>
Free Cash Flow Yield	6.92%	1.54%	+5.38	TDAY	/fcf-yield <GO>
Operating Margin	—	—	—	TIE	/operating-margins <GO>
Net Profit Margin	0.10%	—	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	-8.30%	—	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	6/9	5/9	+1.00	TDAY	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	34.1	53.6	-19.49	DJCO	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	7.2x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$908.8M	$866.3M	$42.5M	TDAY	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	TDAY REV	DJCO REV	TDAY GROSS %	DJCO GROSS %	TDAY FCF	DJCO FCF
FY 2025	$2.30B	$0	38.7%	—	$62.9M	$13.3M
FY 2024	$2.51B	$0	38.4%	—	$50.8M	-$138.0K
FY 2023	$2.66B	$0	—	—	$94.6M	$15.1M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

TDAY // BETA —

DJCO // BETA —