Investor Presentaiton
Revenue ($mm)
Dow Jones' Professional Information (PI) sub-segment is a secularly growing enterprise business
Dow Jones Pl compares to high value business information competition such as Thomson Reuters, S&P Global, FactSet and others
$800
$700
$600
$500
$400
$300
$200
$100
$0
FY2018
Professional Information Business
FY2019
FY2020
FY2021
FY2022
Revenue ($mm)
$250
$200
$150
Risk & Compliance Business
(2)
$100
$76
$64
$50
$0
(1)
$133
$108
$160
$197
$232
OPIS + Base Chemicals
Other Professional Information Business Risk & Compliance
Source: Company filings, earnings transcripts
"We believe that the Professional Information business will continue to
expand at a strong rate, and that OPIS will be the cornerstone for
commodities, energy and renewables digital business that will have a long-
term positive impact on our earnings..."
- Robert Thomson, FY 2021 Annual Report
FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022
"Within that Professional Information business outside of the consumer
business, we've got this gem in there called Risk & Compliance, which has
been growing double digits for quite some time now."
- Susan Panuccio, Deutsche Bank TMT Conference (14 March 2022)
Notes:
IRENIC (1)
Pro forma for Annualized contribution of OPIS & Base Chemicals based upon $52mm revenue contribution in Q1 FY2023
(2) Although News Corp does not disclose Risk & Compliance revenue in filings, management provides growth rates and quantum on earnings calls. Revenue
numbers are Irenic assumptions, based upon management's commentary
PAGE 18View entire presentation