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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.

12.65 USD

0.29 (2.29%)

ADEA Financial Statements

Year

2024

2023

2022

2021

Total Revenue

376.02M

388.79M

438.93M

877.7M

Cost of Revenue

72.78M

0

114.22M

126.76M

Gross Profit

303.25M

388.79M

324.71M

750.94M

Operating Expenses

247.41M

252.56M

277.29M

725.48M

Research and Development

59.6M

54.26M

44.58M

232.2M

Selling, General & Administrative Expenses

103.44M

95.23M

135.63M

266.08M

Selling & Marketing Expenses

0

10.5M

5.5M

0

General & Administrative Expenses

0

84.73M

130.13M

0

Other Expenses

84.37M

103.07M

97.08M

227.2M

Operating Income

128.61M

136.23M

153.06M

28.09M

Total Other Income/Expenses Net

-47.42M

-56.25M

-43.29M

-46.22M

Income Before Tax

81.19M

79.98M

109.77M

-30.54M

Income Tax

16.56M

12.6M

-28.62M

28.38M

Net Income

64.62M

67.37M

138.39M

-58.91M

Basic EPS

0.59

0.63

1.33

-0.56

EPS Diluted

0.57

0.6

1.33

-0.56

Basic Average Shares

108.65M

106.55M

104.34M

104.73M

Diluted Average Shares

113.06M

112.85M

104.34M

104.73M

EBITDA

206.5M

237.82M

269.33M

235.64M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

-56.33M

-123.7M

187.81M

264.25M

Net Income

64.62M

67.37M

138.39M

-58.91M

Stock Repurchases

-31.49M

-11.27M

-33.2M

-100.8M

Dividend Paid

-21.77M

-21.34M

-203.82M

-20.98M

Retained Earnings

2.83M

-56.33M

-123.7M

187.81M

Other Distributions

5.91M

34.76M

-548.53M

-198.22M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

15.6M

16.45M

10.54M

129.47M

Annual Depreciation

72.78M

95.27M

114.22M

227.2M

Capital Expenditure

-1.82M

-6.34M

-12.87M

-14.14M

Net PPE

-55.36M

-72.48M

-90.81M

-83.59M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

0

-537.43M

4.06M

Goodwill (Previous Year)

313.66M

313.66M

851.09M

847.03M

Goodwill

313.66M

313.66M

313.66M

851.09M

All figures are in USD.

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