Acacia Research (ACTG) Earnings Report, Financial Results, Financial analysis

Acacia Research Corporation narrowed first quarter of 2023 net loss per share of $-0.07 compare to net loss per share of $-1.61 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.37 realized in previous quarter.

*first quarter of 2023*
Earnings Per Share	Revenues
$ -0.07	$ 15 Mill
$+1.54	$+1M +9.6 %

Acacia Research's Revenue rose by 9.6 % in first quarter of 2023 (Mar 31 2023) year on year, to $15 million and advanced by 12.82 % sequentially.

Acacia Research is Expected to report next financial results on August 10, 2023.

More on ACTG's Income Statement

ACTG's NET INCOME

Acacia Research's net income of $5.958 million in the first quarter of 2023 increased from net loss of $-75.117 million I. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-15.255 million recorded in previous quarter.

More on ACTG's Growth

Acacia Research Inventories
Inventories grew by 47.04 % to $15 million from I. Quarter a year ago, sequentially inventories rose by 3.54 %. ACTG's Cash flow In thefirst quarter of 2023 company's net cash flow was $76 million, capital expenditures fell by 144.12%, to $0 millions compare to same quarter a year ago and rose by -53.89% from IV. Quarter (Dec 31 2022).

More on ACTG's Cash flow Statement

Earnings quality

Acacia Research Corporation payed out dividend of $0.05 per share in last 52 weeks

In trailing twelve-month period Acacia Research Corporation payed $ -0.43 cash per share, on a free-cash flow basis .

Book value fell by -36.98 % sequentially to $3.99 per share, -126.31% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 3.29 per share from $ 4.83.

Company issued 46.56 million shares or 109.56 % in Mar 31 2023.

• More on ACTG's Dividends

Market Capitalization (Millions)	350
Shares Outstanding (Millions)	89
Total Debt (Millions $)	61
Revenue (TTM) (Millions $)	61
Net Income (TTM) (Millions $)	-38
Cash Flow (TTM) (Millions $)	75
Capital Exp. (TTM) (Millions $)	-6
Dividend TTM ($)	0.05 $
Dividend Yield TTM (%)	0.76 %
Employees (TTM) $	-

Earnings quality

Acacia Research Corporation payed out dividend of $0.05 per share in the last 52 weeks

In trailing twelve-month period Acacia Research Corporation had negative $ -0.43 cash flow per share, on a free-cash flow basis .

Book value fell by -36.98 % sequentially to $3.99 per share, -126.31% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 3.29 per share from $ 4.83.

Company issued 46.56 million shares or 109.56 % in Mar 31 2023.

• More on ACTG's Balance Sheets

Market Capitalization (Millions)	350
Shares Outstanding (Millions)	89
Total Debt (Millions $)	61
Revenue (TTM) (Millions $)	61
Net Income (TTM) (Millions $)	-38
Cash Flow (TTM) (Millions $)	75
Capital Exp. (TTM) (Millions $)	-6
Dividend TTM ($)	0.05 $
Dividend Yield TTM (%)	0.76 %
Employees (TTM) $	-

Acacia Research Corporation

ACTG's Financial Statements and Analysis