Dec 31, 2020

Acacia Q4 2020 Earnings Report

Reported results for the three and 12-month period ended December 31, 2020.

Key Takeaways

Acacia Research Corporation reported its Q4 and Full-Year 2020 financial results, with book value increasing to $292.5 million, or $5.94 per share, as of December 31, 2020. The company completed its first transaction with Starboard Value LP, acquiring a portfolio of late-stage life science assets and increasing book value by more than $117.5 million.

Book value as of December 31, 2020, increased to $292.5 million, or $5.94 per share.

Completed the first transaction in a strategic partnership with Starboard Value LP.

Acquired a portfolio of late-stage life science assets.

Gains from the life sciences portfolio approximately $175 million during 2020.

Total Revenue
$4.38M
Previous year: $688K
+537.1%
EPS
-$0.47
Previous year: -$0.05
+840.0%
Book Value Per Share
$5.94
Gross Profit
-$32K
Previous year: -$1.53M
-97.9%
Cash and Equivalents
$166M
Previous year: $57.4M
+188.6%
Free Cash Flow
-$25.2M
Previous year: $63.4M
-139.7%
Total Assets
$511M
Previous year: $218M
+134.4%

Acacia

Acacia