Acacia Resh Corp Financials

ACTG

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Acacia Resh Corp (ACTG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 44/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Acacia Resh Corp has an operating margin of -26.9%, meaning the company retains $-27 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 16.7% the prior year.

Growth

Acacia Resh Corp's revenue declined 2.2% year-over-year, from $125.1M to $122.3M. This contraction results in a growth score of 22/100.

Leverage

Acacia Resh Corp carries a low D/E ratio of 0.40, meaning only $0.40 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

100

With a current ratio of 8.46, Acacia Resh Corp holds $8.46 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow

While Acacia Resh Corp generated $50.1M in operating cash flow, capex of $148.7M consumed most of it, leaving -$98.5M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Weak

3/9

Acacia Resh Corp passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

-1.39x

For every $1 of reported earnings, Acacia Resh Corp generates $-1.39 in operating cash flow ($50.1M OCF vs -$36.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-5.1x

Acacia Resh Corp earns $-5.1 in operating income for every $1 of interest expense (-$32.9M vs $6.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Revenue

$122.3M

YoY-2.2%

5Y CAGR+61.2%

Acacia Resh Corp generated $122.3M in revenue in fiscal year 2024. This represents a decrease of 2.2% from the prior year.

EBITDA

$648K

YoY-98.2%

Acacia Resh Corp's EBITDA was $648K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 98.2% from the prior year.

Free Cash Flow

-$98.5M

YoY-334.2%

Acacia Resh Corp generated -$98.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 334.2% from the prior year.

Net Income

-$36.1M

YoY-153.8%

Acacia Resh Corp reported -$36.1M in net income in fiscal year 2024. This represents a decrease of 153.8% from the prior year.

EPS (Diluted)

$-0.36

YoY-162.1%

Acacia Resh Corp earned $-0.36 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 162.1% from the prior year.

Cash & Debt

$273.9M

YoY-19.5%

5Y CAGR+36.7%

10Y CAGR+7.4%

Acacia Resh Corp held $273.9M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

96M

YoY-3.9%

5Y CAGR+13.8%

10Y CAGR+6.7%

Acacia Resh Corp had 96M shares outstanding in fiscal year 2024. This represents a decrease of 3.9% from the prior year.

Gross Margin

24.2%

YoY-33.5pp

Acacia Resh Corp's gross margin was 24.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 33.5 percentage points from the prior year.

Operating Margin

-26.9%

YoY-43.7pp

5Y CAGR+181.3pp

Acacia Resh Corp's operating margin was -26.9% in fiscal year 2024, reflecting core business profitability. This is down 43.7 percentage points from the prior year.

Net Margin

-29.5%

YoY-83.1pp

5Y CAGR+122.7pp

Acacia Resh Corp's net profit margin was -29.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 83.1 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

$20.3M

Acacia Resh Corp spent $20.3M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$148.7M

YoY+78559.8%

5Y CAGR+281.9%

10Y CAGR+105.8%

Acacia Resh Corp invested $148.7M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 78559.8% from the prior year.

ACTG Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$122.3M-2.2%	$125.1M+111.2%	$59.2M-32.7%	$88.0M+195.6%	$29.8M+164.8%	$11.2M
Cost of Revenue	$92.7M+75.4%	$52.8M+41.3%	$37.4M+3.6%	$36.1M+45.4%	$24.8M+35.7%	$18.3M
Gross Profit	$29.7M-59.0%	$72.3M+231.0%	$21.8M-58.0%	$51.9M	N/A	N/A
R&D Expenses	N/A	$735K+17.4%	$626K+213.0%	$200K	$0	N/A
SG&A Expenses	$55.4M+24.6%	$44.4M-15.7%	$52.7M+47.7%	$35.7M+45.7%	$24.5M+49.5%	$16.4M
Operating Income	-$32.9M-257.3%	$20.9M+152.2%	-$40.1M-375.6%	$14.5M+174.5%	-$19.5M+16.7%	-$23.4M
Interest Expense	$6.4M+212.1%	$2.1M-67.9%	$6.4M-18.8%	$7.9M-21.8%	$10.1M	$0
Income Tax	-$3.4M-129.3%	-$1.5M+90.7%	-$16.2M-166.7%	$24.3M+2195.5%	-$1.2M+36.5%	-$1.8M
Net Income	-$36.1M-153.8%	$67.1M+153.6%	-$125.1M-183.8%	$149.2M+36.6%	$109.2M+738.2%	-$17.1M
EPS (Diluted)	$-0.36-162.1%	$0.58+118.5%	$-3.13-263.9%	$1.91+29.1%	$1.48+470.0%	$-0.40

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$59.4M+16.0%	$51.2M-58.8%	$124.4M+154.7%	$48.8M+109.5%	$23.3M-9.8%	$25.8M+6.2%	$24.3M-73.7%	$92.3M
Cost of Revenue	$46.8M+4.8%	$44.7M-31.7%	$65.5M+62.7%	$40.3M+92.1%	$21.0M+9.8%	$19.1M+54.3%	$12.4M-48.7%	$24.1M
Gross Profit	$12.6M+92.7%	$6.5M-88.9%	$58.9M+586.1%	$8.6M+265.4%	$2.4M-65.2%	$6.8M-43.5%	$12.0M-82.5%	$68.2M
R&D Expenses	N/A	N/A	N/A	$37K-65.7%	$108K-39.3%	$178K+32.8%	$134K-5.6%	$142K
SG&A Expenses	$15.9M+2.6%	$15.5M-10.2%	$17.3M-19.5%	$21.5M+91.6%	$11.2M+10.9%	$10.1M-18.9%	$12.5M+9.9%	$11.4M
Operating Income	-$6.4M+48.1%	-$12.4M-132.3%	$38.3M+342.3%	-$15.8M-53.9%	-$10.3M-115.9%	-$4.8M-128.0%	-$2.1M-103.7%	$55.9M
Interest Expense	$2.2M-4.3%	$2.3M-5.0%	$2.5M+4.1%	$2.4M+21.0%	$1.9M+7.2%	$1.8M+456.4%	$326K+145.1%	$133K
Income Tax	-$968K-277.0%	$547K-91.0%	$6.1M+883.6%	-$776K-114.1%	$5.5M+177.9%	-$7.1M-536.7%	-$1.1M+48.3%	-$2.1M
Net Income	-$2.7M+17.1%	-$3.3M-113.6%	$24.3M+280.9%	-$13.4M+4.1%	-$14.0M-65.7%	-$8.4M-4440.9%	-$186K-100.2%	$74.8M
EPS (Diluted)	$-0.030.0%	$-0.03-112.0%	$0.25+400.0%	$0.05+135.7%	$-0.14-75.0%	$-0.08	$0.00	N/A

ACTG Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$756.4M+19.4%	$633.5M+31.2%	$482.9M-39.5%	$798.9M+56.2%	$511.3M+134.4%	$218.2M
Current Assets	$420.1M-24.2%	$554.5M+29.6%	$428.0M-41.4%	$730.7M+59.7%	$457.7M+164.1%	$173.3M
Cash & Equivalents	$273.9M-19.5%	$340.1M+18.2%	$287.8M-6.8%	$308.9M+86.6%	$165.5M+188.6%	$57.4M
Inventory	$27.5M+151.7%	$10.9M-23.2%	$14.2M+59.3%	$8.9M	$0	N/A
Accounts Receivable	$26.9M-66.6%	$80.6M+878.7%	$8.2M-13.5%	$9.5M+1780.8%	$506K-1.0%	$511K
Goodwill	$29.3M+226.4%	$9.0M+19.2%	$7.5M+1.0%	$7.5M	$0	N/A
Total Liabilities	$203.8M+363.8%	$43.9M-77.3%	$193.7M-45.2%	$353.6M+66.8%	$212.1M+503.9%	$35.1M
Current Liabilities	$49.6M+79.6%	$27.6M-68.3%	$87.2M-56.4%	$200.2M+60.4%	$124.8M+965.4%	$11.7M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$514.8M-9.4%	$568.3M+120.0%	$258.3M-38.4%	$419.4M+51.3%	$277.3M+60.2%	$173.1M
Retained Earnings	-$275.8M-15.0%	-$239.7M+21.9%	-$306.8M-68.8%	-$181.7M+45.1%	-$330.9M+24.7%	-$439.7M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$768.9M-0.9%	$775.5M-3.3%	$801.6M+6.0%	$756.4M+6.9%	$707.6M-6.1%	$753.6M+19.3%	$631.7M-0.3%	$633.5M
Current Assets	$440.6M-0.8%	$444.0M-4.4%	$464.6M+10.6%	$420.1M-8.2%	$457.6M-7.3%	$493.9M-10.7%	$553.1M-0.2%	$554.5M
Cash & Equivalents	$301.8M-4.7%	$316.7M+16.5%	$272.0M-0.7%	$273.9M-23.9%	$360.1M-7.0%	$387.0M-11.8%	$438.8M+29.0%	$340.1M
Inventory	$26.5M+3.0%	$25.7M-2.1%	$26.3M-4.4%	$27.5M+125.0%	$12.2M-0.6%	$12.3M+24.4%	$9.9M-9.5%	$10.9M
Accounts Receivable	$27.1M+16.1%	$23.4M-75.6%	$95.7M+255.7%	$26.9M+150.7%	$10.7M-42.8%	$18.8M+22.1%	$15.4M-80.9%	$80.6M
Goodwill	$25.7M-0.3%	$25.8M+0.8%	$25.6M-12.9%	$29.3M+226.4%	$9.0M-0.1%	$9.0M+0.1%	$9.0M0.0%	$9.0M
Total Liabilities	$192.0M-3.1%	$198.1M-11.7%	$224.3M+10.1%	$203.8M+58.0%	$129.0M-17.8%	$156.8M+272.4%	$42.1M-4.1%	$43.9M
Current Liabilities	$51.0M+1.2%	$50.4M-33.2%	$75.5M+52.1%	$49.6M+77.8%	$27.9M-36.8%	$44.2M+71.0%	$25.8M-6.5%	$27.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$537.6M-0.2%	$538.6M-0.3%	$540.2M+4.9%	$514.8M-4.7%	$540.2M-3.7%	$560.7M-1.3%	$568.3M0.0%	$568.3M
Retained Earnings	-$257.5M-1.1%	-$254.8M-1.3%	-$251.5M+8.8%	-$275.8M-5.1%	-$262.4M-5.6%	-$248.4M-3.5%	-$239.9M-0.1%	-$239.7M

ACTG Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$50.1M+322.7%	-$22.5M+39.7%	-$37.3M-380.2%	$13.3M+167.9%	-$19.6M-750.1%	-$2.3M
Capital Expenditures	$148.7M+78559.8%	$189K-74.2%	$732K+704.4%	$91K-54.3%	$199K+8.7%	$183K
Free Cash Flow	-$98.5M-334.2%	-$22.7M+40.4%	-$38.1M-387.6%	$13.2M+166.8%	-$19.8M-695.6%	-$2.5M
Investing Cash Flow	-$213.0M-1416.4%	$16.2M-91.2%	$184.5M+416.0%	$35.8M+92.2%	$18.6M+127.3%	-$68.1M
Financing Cash Flow	$97.6M+66.4%	$58.6M+135.3%	-$166.1M-378.1%	$59.7M-45.3%	$109.2M+222.0%	$33.9M
Dividends Paid	$0-100.0%	$1.4M-50.0%	$2.8M+92.8%	$1.5M+5.1%	$1.4M	$0
Share Buybacks	$20.3M	$0-100.0%	$51.0M+1170.9%	$4.0M+0.4%	$4.0M	$0

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	$9.5M-81.0%	$50.1M+1966.8%	$2.4M+112.0%	-$20.3M-3316.9%	-$593K-103.7%	$16.1M-70.6%	$54.8M+1306.8%	-$4.5M
Capital Expenditures	$9K+800.0%	$1K-100.0%	$2.1M-36.5%	$3.3M+47.3%	$2.2M-98.4%	$142.9M+52815.9%	$270K+629.7%	$37K
Free Cash Flow	$14.5M-26.6%	$19.8M+5808.1%	$335K+101.4%	-$23.6M-733.1%	-$2.8M+97.8%	-$126.7M-332.2%	$54.6M+1291.2%	-$4.6M
Investing Cash Flow	-$14.2M-856.2%	-$1.5M-243.4%	$1.0M+101.1%	-$95.9M-1225.6%	-$7.2M+95.2%	-$151.9M-461.3%	$42.0M+456.0%	$7.6M
Financing Cash Flow	-$10.4M-143.6%	-$4.3M+29.7%	-$6.1M-119.6%	$31.0M+260.5%	-$19.3M-123.0%	$84.1M+4503.2%	$1.8M+123.7%	-$7.7M
Dividends Paid	$6.3M0.0%	$6.3M0.0%	$6.3M	$0	$0	$0	$0	$0
Share Buybacks	N/A	N/A	N/A	$13.0M	$0	$0	$0	$0

ACTG Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	24.2%-33.5pp	57.8%+20.9pp	36.9%-22.1pp	59.0%	N/A	N/A
Operating Margin	-26.9%-43.7pp	16.7%+84.4pp	-67.7%-84.2pp	16.5%+82.1pp	-65.5%+142.7pp	-208.2%
Net Margin	-29.5%-83.1pp	53.6%+264.8pp	-211.2%-380.6pp	169.4%-197.3pp	366.8%+519.0pp	-152.2%
Return on Equity	N/A	11.8%	N/A	35.6%-3.8pp	39.4%	N/A
Return on Assets	-4.8%-15.3pp	10.6%+36.5pp	-25.9%-44.6pp	18.7%-2.7pp	21.4%+29.2pp	-7.8%
Current Ratio	8.46-11.6	20.06+15.2	4.91+1.3	3.65-0.0	3.67-11.1	14.79
Debt-to-Equity	0.40+0.3	0.08-0.7	0.75-0.1	0.84+0.1	0.76+0.6	0.20
FCF Margin	-80.6%-62.4pp	-18.1%+46.1pp	-64.3%-79.3pp	15.0%+81.6pp	-66.5%-44.4pp	-22.1%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	21.2%+8.4pp	12.8%-34.6pp	47.4%+29.8pp	17.6%+7.5pp	10.1%-16.1pp	26.2%-23.0pp	49.2%-24.8pp	73.9%
Operating Margin	-10.8%+13.4pp	-24.2%-55.0pp	30.8%+63.2pp	-32.4%+11.7pp	-44.1%-25.7pp	-18.4%-9.8pp	-8.6%-69.2pp	60.6%
Net Margin	-4.6%+1.8pp	-6.4%-25.9pp	19.5%+47.0pp	-27.5%+32.6pp	-60.0%-27.4pp	-32.7%-31.9pp	-0.8%-81.7pp	81.0%
Return on Equity	N/A	N/A	4.5%+4.1pp	0.4%	N/A	N/A	0.8%-12.3pp	13.2%
Return on Assets	-0.4%+0.1pp	-0.4%-3.5pp	3.0%+4.8pp	-1.8%+0.2pp	-2.0%-0.9pp	-1.1%-1.1pp	-0.0%-11.8pp	11.8%
Current Ratio	8.63-0.2	8.80+2.6	6.16-2.3	8.46-7.9	16.39+5.2	11.17-10.2	21.40+1.3	20.06
Debt-to-Equity	0.36-0.0	0.37-0.0	0.42+0.0	0.40+0.2	0.24-0.0	0.28+0.2	0.070.0	0.08
FCF Margin	39.0%-0.5pp	39.5%+39.3pp	0.3%+48.5pp	-48.2%-36.1pp	-12.1%+478.4pp	-490.5%-714.9pp	224.4%+229.3pp	-5.0%

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Frequently Asked Questions

What is Acacia Resh Corp's annual revenue?

Acacia Resh Corp (ACTG) reported $122.3M in total revenue for fiscal year 2024. This represents a -2.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Acacia Resh Corp's revenue growing?

Acacia Resh Corp (ACTG) revenue declined by 2.2% year-over-year, from $125.1M to $122.3M in fiscal year 2024.

Is Acacia Resh Corp profitable?

No, Acacia Resh Corp (ACTG) reported a net income of -$36.1M in fiscal year 2024, with a net profit margin of -29.5%.

What is Acacia Resh Corp's earnings per share (EPS)?

Acacia Resh Corp (ACTG) reported diluted earnings per share of $-0.36 for fiscal year 2024. This represents a -162.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Acacia Resh Corp's EBITDA?

Acacia Resh Corp (ACTG) had EBITDA of $648K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Acacia Resh Corp's gross margin?

Acacia Resh Corp (ACTG) had a gross margin of 24.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Acacia Resh Corp's operating margin?

Acacia Resh Corp (ACTG) had an operating margin of -26.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Acacia Resh Corp's net profit margin?

Acacia Resh Corp (ACTG) had a net profit margin of -29.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Acacia Resh Corp's free cash flow?

Acacia Resh Corp (ACTG) generated -$98.5M in free cash flow during fiscal year 2024. This represents a -334.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Acacia Resh Corp's operating cash flow?

Acacia Resh Corp (ACTG) generated $50.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Acacia Resh Corp's total assets?

Acacia Resh Corp (ACTG) had $756.4M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Acacia Resh Corp's capital expenditures?

Acacia Resh Corp (ACTG) invested $148.7M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Acacia Resh Corp buy back shares?

Yes, Acacia Resh Corp (ACTG) spent $20.3M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Acacia Resh Corp have outstanding?

Acacia Resh Corp (ACTG) had 96M shares outstanding as of fiscal year 2024.

What is Acacia Resh Corp's current ratio?

Acacia Resh Corp (ACTG) had a current ratio of 8.46 as of fiscal year 2024, which is generally considered healthy.

What is Acacia Resh Corp's debt-to-equity ratio?

Acacia Resh Corp (ACTG) had a debt-to-equity ratio of 0.40 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Acacia Resh Corp's return on assets (ROA)?

Acacia Resh Corp (ACTG) had a return on assets of -4.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Acacia Resh Corp's Piotroski F-Score?

Acacia Resh Corp (ACTG) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Acacia Resh Corp's earnings high quality?

Acacia Resh Corp (ACTG) has an earnings quality ratio of -1.39x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Acacia Resh Corp cover its interest payments?

Acacia Resh Corp (ACTG) has an interest coverage ratio of -5.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Acacia Resh Corp?

Acacia Resh Corp (ACTG) scores 44 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.