M&A
confidence high
sentiment neutral
materiality 0.55
Acacia Research provides audited 2023 financials for acquired Revolution oil & gas assets
ACACIA RESEARCH CORP
- Revolution II WI had 2023 revenue of $79.5M, net loss of $12.9M, operating loss of $24.5M.
- Total assets of $140.8M, total liabilities of $105.3M, members' equity of $35.5M as of Dec 31, 2023.
- Operating cash flow $20.8M; debt $52.5M; loss on divestiture $56.8M.