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ADEA - Adeia Inc.

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Adeia Inc.

ADEA

NASDAQ

Adeia Inc., together with its subsidiaries, operates as a consumer and entertainment product/solutions licensing company worldwide. It licenses its innovations to companies in the entertainment industry under the Adeia brand. The company licenses its patent portfolios across various markets, including multichannel video programming distributors comprising cable, satellite, and telecommunications television providers that aggregate and distribute linear content over networks, as well as television providers that aggregate and stream linear content over broadband networks; over-the-top video service providers, social media, and other new media companies, such as subscription video-on-demand service providers and social media companies; consumer electronics manufacturers, which includes smart televisions, streaming media devices, video game consoles, mobile devices, DVRs, and other connected media devices; and semiconductors, including sensors, radio frequency components, memory, and logic devices. The company was incorporated in 2019 and is headquartered in San Jose, California.

12.61 USD

0.25 (1.98%)

ADEA Financial Statements

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Total Revenue

119.17M

86.1M

87.35M

83.41M

Cost of Revenue

14.46M

0

20.52M

23.68M

Gross Profit

104.71M

86.1M

66.83M

59.73M

Operating Expenses

61.69M

57.98M

38.93M

37.43M

Research and Development

16.05M

14.82M

14.8M

13.93M

Selling, General & Administrative Expenses

27.89M

26.9M

24.13M

23.51M

Selling & Marketing Expenses

0

0

0

0

General & Administrative Expenses

0

0

0

0

Other Expenses

17.74M

16.25M

1.43M

26.09M

Operating Income

57.48M

28.12M

27.9M

22.29M

Total Other Income/Expenses Net

-11M

-11.33M

-12.32M

-15.71M

Income Before Tax

46.48M

16.79M

11.32M

6.59M

Income Tax

10.46M

-2.52M

2.94M

5.69M

Net Income

36.03M

19.31M

8.38M

899k

Basic EPS

0.33

0.18

0.08

0.01

EPS Diluted

0.32

0.17

0.07

0.01

Basic Average Shares

109.11M

109.03M

108.67M

107.77M

Diluted Average Shares

113.6M

113.12M

112.54M

112.98M

EBITDA

73.25M

44.9M

45.14M

44.44M

Retained Earning Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Retained Earnings (Previous Year)

-27.73M

-47.04M

-55.43M

-56.33M

Net Income

36.03M

19.31M

8.38M

899k

Stock Repurchases

-19.93M

-2.46M

-1.37M

-7.73M

Dividend Paid

-5.46M

-5.45M

-5.43M

-5.42M

Retained Earnings

2.83M

-27.73M

-47.04M

-55.43M

Other Distributions

5.17M

11.41M

1.58M

-12.25M

PPE Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Gross PPE

15.6M

15.29M

15.82M

16.21M

Annual Depreciation

14.46M

14.13M

20.52M

23.68M

Capital Expenditure

-12.55M

-60k

-421k

-9.27M

Net PPE

13.69M

1.22M

-4.27M

1.8M

Intangible and Goodwill Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Acquisitions and Adjustments

0

0

0

0

Goodwill (Previous Year)

313.66M

313.66M

313.66M

313.66M

Goodwill

313.66M

313.66M

313.66M

313.66M

All figures are in USD.

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