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Acacia Research Corp
Previous close
$4.91
Day range
$4.95 - $5.06
Year range
$3.43 - $5.47
Market cap
502.11M USD
Avg Volume
224.53K
P/E ratio
8.41
Dividend yield
-
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 92.31M | 603.54% |
Operating expense | 8.90M | -40.64% |
Net income | 74.76M | 506.59% |
Net profit margin | 80.98 | 157.79% |
Earnings per share | 0.63 | 297.51% |
EBITDA | 63.90M | 901.32% |
Effective tax rate | -2.92% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 439.91M | 13.92% |
Total assets | 633.54M | 31.19% |
Total liabilities | 43.94M | -75.16% |
Total equity | 589.61M | — |
Shares outstanding | 99.90M | — |
Price to book | 0.86 | — |
Return on assets | 25.51% | — |
Return on capital | 26.74% | — |
Cash Flow
Net change in cash
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 74.76M | 506.59% |
Cash from operations | -4.54M | 80.86% |
Cash from investing | 7.56M | -87.44% |
Cash from financing | -7.72M | -191.13% |
Net change in cash | -4.64M | -110.11% |
Free cash flow | -33.41M | -95.55% |
About
Acacia Research Corporation is a publicly traded American company based in New York City. Acacia partners with patent owners such as inventors and universities to license patents that are infringed. Roughly 95% of the company's business involves licensing infringed patents on behalf of patent owners to corporations through patent litigation.
Acacia was incorporated in California in 1993 and is based in New York City. The company was consisted of two divisions: Acacia Technologies and CombiMatrix Group. The former covers the development, acquisition, licensing and enforcement of patented technologies. It creates a subsidiary company that acts as a special purpose entity for each set of patents that it enforces. The patent owner assigns the infringed patents to the subsidiary and the subsidiary then licenses the patents to companies who are infringing. Acacia and the patent owner split any revenues generated from licensing the patents on a 50/50 basis. Acacia's second division, CombiMatrix, constituted its life sciences business. This division, which Acacia held from 2002 until 2007, operated as a subsidiary. Invitae acquired CombiMatrix in 2017. Wikipedia
Founded
1993
Headquarters
Website
Employees
102