Acacia Research Corp. ( (ACTG) ) has released its Q1 earnings. Here is a breakdown of the information Acacia Research Corp. presented to its investors.
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Acacia Research Corporation is a publicly traded company that focuses on acquiring and managing businesses across the industrial, energy, and technology sectors, leveraging its expertise and capital to drive value.
In its first quarter of 2025, Acacia Research reported a significant increase in total revenue, reaching $124.4 million, a 412% rise compared to the same period last year, primarily driven by its Intellectual Property operations and contributions from its recent acquisition, Deflecto.
Key financial highlights include a GAAP net income of $24.3 million and an adjusted net income of $33.1 million. The company also reported a total company adjusted EBITDA of $50.7 million, with significant contributions from its Intellectual Property operations, which generated $69.9 million in revenue. Acacia’s cash position remains strong, with cash, cash equivalents, and equity securities totaling approximately $338.2 million.
Looking forward, Acacia Research is well-positioned to continue its growth strategy, supported by a robust cash position that allows for opportunistic investments. The company’s management remains confident in its ability to generate long-term shareholder value through strategic acquisitions and operational efficiencies.