Acacia Research Corporation · NASDAQ:ACTG
Acacia Research — Q4 2024 Earnings Presentation
16 slides from Acacia Research's earnings presentation, Mar 13, 2025
Slide 1: Q4 2024 Earnings Presentation
Q4 2024 Earnings Presentation As of December 31, 2024 | Nasdaq: ACTG
Slide 2: Disclosures
Disclosures Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon the current expectations of Acacia Research Corporation ("Acacia" o
Slide 3: Company Overview
Company Overview Company Overview ACTG At A Glance | December 31, 2024 Reported Book Value (“BV”) $552.6 Acacia (NASDAQ: ACTG) is a value-oriented acquirer Common Shares 96.0 of businesses across public and private markets. We acquire businesses where we can tap into our deep Book Value Per Share (“
Slide 4: Key Performance Metrics | Consolidated
Key Performance Metrics | Consolidated Acacia seeks to generate consistent growth in book value per share, revenue, and Adjusted EBITDA Book Value Per Share $5.90 $5.89 $5.95 $5.85 $5.75 $5.10 $5.03 $5.04 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Total Company Adjusted EBITDA (1) Total Revenue
Slide 5: Operated Segments | Key Highlights
Operated Segments | Key Highlights Acacia seeks to generate consistent growth in revenue and Adjusted EBITDA Total Revenue (Including IP) Total Revenue (Excluding IP) $92.3 $48.8 $48.8 $20.5 $22.8 $24.3 $25.8 $23.3 $14.8 $10.6 $8.3 $9.5 $10.7 $7.9 $10.1 $7.5 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24
Slide 6: Operated Segments | Revenue
Operated Segments | Revenue Energy Operations Industrial Operations $17.3 (2) $15.8 $10.6 $14.2 $8.3 $8.6 $8.8 $8.2 $7.5 $7.0 $6.3 (1) $1.9 -- -- -- $0.8 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Intellectual Property Operations Manufacturing Ope
Slide 7: Operated Segments | Adjusted EBITDA
Operated Segments | Adjusted EBITDA Energy Operations Industrial Operations $8.4 $8.4 (2) $1.9 $7.0 $1.6 $1.3 $1.2 $0.9 $0.5 $0.6 (1) $1.4 $0.3 $0.6 -- -- -- Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Intellectual Property Operations Manufacturing
Slide 8: Appendix: Financial Reconciliations
Appendix: Financial Reconciliations
Slide 9: Use of Non-GAAP Financial Information
Use of Non-GAAP Financial Information GAAP or U.S. GAAP refer to generally accepted accounting principles in the United State s. From time to time the Company may include certain “non-GAAP” f inancial m easures i n its investor pr esentati ons, ear nings rele ases , earnings confer ence calls or oth
Slide 10: Total Revenue By Segment
Total Revenue By Segment Three Three Three Three Months Ended Months Ended Months Ended Months Ended Year Ended March 31 June 30 September 30 December 31 December 31 2024 2024 2024 2024 2024 Energy Operations $1.9 $14.2 $15.8 $17.3 $49.2 Industrial Operations 8.8 6.3 7.0 8.2 30.4 Manufacturing Opera
Slide 11: Adjusted Net Income / (Loss) and Adjusted EPS
Adjusted Net Income / (Loss) and Adjusted EPS Three Months Three Months Three Months Three Months Ended Ended Ended Ended Year Ended March 31, June 30, September 30, December 31, December 31, 2024 2024 2024 2024 2024 GAAP Net Income / (Loss) ($0.2) ($8.4) ($14.0) ($13.4) ($36.1) Non-Recurring Legacy
Slide 12: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation Three Months Three Months Three Months Three Months Ended Ended Ended Ended Year Ended March 31, June 30, September 30, December 31, December 31, 2024 2024 2024 2024 2024 GAAP Net (Income) / Loss ($0.2) ($8.4) ($14.0) ($13.4) ($36.1) Net (Income) / Loss Attributable to
Slide 13: Adjusted EBITDA Reconciliation (Cont'd)
Adjusted EBITDA Reconciliation (Cont’d) Three Three Three Three Months Ended Months Ended Months Ended Months Ended Year Ended March 31 June 30 September 30 December 31 December 31 2024 2024 2024 2024 2024 Energy Operations $1.4 $7.0 $8.4 $8.4 $25.2 Industrial Operations 1.9 0.5 0.6 1.6 4.5 Manufact
Slide 14: Adjusted EBITDA Reconciliation (Cont'd)
Adjusted EBITDA Reconciliation (Cont’d) Three Months Ended December 31, 2024 Intellectual Energy Industrial Manufacturing Property Parent Consolidated Operations Operations Operations Operations Costs Total Consolidated Operations GAAP Operating Income / (Loss) $3.0 $0.9 ($0.0) ($7.7) ($12.0) ($15.8
Slide 15: Cash & Public Securities
Cash & Public Securities Three Months Three Months Three Months Three Months Three Months Ended Ended Ended Ended Ended December 31, March 31, June 30, September 30, December 31, 2024 2023 2024 2024 2024 2024 Cash & Public Securities Cash and Cash Equivalents $273.9 $340.1 $438.8 $387.0 $360.1 $273.
Slide 16: Contact Us
Contact Us Acacia Research Corporation Transfer Agent: 767 Third Avenue, Floor 6 New York , NY 10017 ComputerShare (332) 236-8484 P.O. Box 43006 IR@acaciares.com Providence RI 02940-3078 www.acaciaresearch.com 150 Royall St., Suite 101 Canton, MA 02021 Shareholder Services: 800-962-4284 or internati