Company Overview - As of September 30, 2024, Acacia Research Corporation reported a book value of $578.6 million[4] - The book value per share (BVPS) was $5.85, representing approximately 13% growth since the new management team's constitution[4] - The company's cash and public securities amounted to $374.2 million[4] - The market capitalization stood at $460.6 million[4] - Last Twelve Months (LTM) Total Company Adjusted EBITDA was $74.7 million[4] - Corporate debt was $0.0 million, while Benchmark's total indebtedness was $70.0 million as of September 30, 2024[6] Financial Performance (Q3 2024 vs Q3 2023) - Total revenues increased significantly year-over-year (YoY) from $10.1 million to $23.3 million[14] - Total Company Adjusted EBITDA improved from $(5.2) million to $1.7 million[14] - Operated Segment Adjusted EBITDA increased from $(1.6) million to $6.9 million[14] Segment Performance (Q3 2024) - Energy Operations revenue was $15.8 million[10] - Industrial Operations revenue was $7.0 million[10] - Intellectual Property Operations revenue was $0.5 million[10]
Acacia(ACTG) - 2024 Q3 - Earnings Call Presentation