•
Jun 30, 2021
Acacia Q2 2021 Earnings Report
Acacia Research reported financial results showing growth in book value due to appreciation in life science portfolio and returns from IP investments.
Key Takeaways
Acacia Research reported increased book value in Q2 2021, driven by its life science portfolio and IP investments. The company's capital base is now $770 million, and it is actively pursuing acquisitions of operating businesses.
Book value grew in the second quarter of 2021 due to appreciation in the life science portfolio.
IP investments have begun to deliver growing returns and represent a balanced portfolio across technologies.
Acacia is strategically focused on the intersection between private and public market valuations.
The company's capital base is $770 million and continues to evaluate potential acquisitions.