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Acacia Research Corp (ACTG) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Acacia Research Corp (ACTG) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Acacia Research Corporation is an intermediary in the patent marketplace, facilitating efficiency and delivering monetary rewards to patent owners. Acacia Research Corp has a market cap of $149.910 million; its shares were traded at around $3.02 with and P/S ratio of 1.15.


For the last quarter Acacia Research Corp reported a revenue of $49.2 million, compared with the revenue of $3.46 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $131.5 million, an increase of 101.1% from last year. For the last five years Acacia Research Corp had an average revenue decline of 5.1% a year.

The reported loss per diluted share was $2.1 for the year, compared with the earnings per share of $-1.08 in the previous year. The Acacia Research Corp had an operating margin of 2.58%, compared with the operating margin of -38.26% a year before. The 10-year historical median operating margin of Acacia Research Corp is -2.96%. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Acacia Research Corp has the cash and cash equivalents of $128.8 million, compared with $136.6 million in the previous year. The company had no long term debt. Acacia Research Corp has a financial strength rank of 8 (out of 10).

At the current stock price of $3.02, Acacia Research Corp is traded at 70.1% discount to its historical median P/S valuation band of $10.10. The P/S ratio of the stock is 1.15, while the historical median P/S ratio is 3.85. The stock lost 15.28% during the past 12 months.

For the complete 20-year historical financial data of ACTG, click here.

This article first appeared on GuruFocus.