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Pendrell Corp (PCO)

Pendrell Corp (PCO)
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Pendrell Corporation is incorporated in the state of Delaware. The Company provides IP valuation services, analysis and strategic advice through Pendrell's wholly-owned subsidiary, Pendrell Technologies LLC ('PTL') and its wholly-owned subsidiary, Ovidian Group LLC. It assist companies with IP portfolio development, strategic assessment of IP assets, IP landscape analyses, IP risk mitigation strategies, and formation and optimization of IP departments. The Company also works with investors to identify opportunities to create value and manage risk by investing strategically in IP, innovation and other intangible business assets. The Company is a global service provider, serving large technology clients with operations and intangible assets located throughout the world. The Company prices its advisory services on a project-by-project basis under a variety of fee arrangements, including flat project fees, monthly retainers, success fees, or combinations of the foregoing. Various factors impact its project pricing, including anticipated time commitment, project difficulty, and anticipated outcomes. The Company competes with a number of companies that focus on the acquisition and monetization of IP rights such as Acacia Research Corporation, Coller IP Management, Intellectual Ventures, Mosaid, Rovi, RPX and Wi-Lan, as well as operating companies that acquire IP to enhance their own IP positions. In October 2011, it partnered with Time Warner, Inc. ('Time Warner'), a global leader in the production of high quality media and entertainment content, to acquire ContentGuard Holdings, Inc. ('ContentGuard').
(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Sales 59,020 43,520 42,530 13,130 33,780
Sales Growth +35.62% +2.33% +223.91% -61.13% +1,179.54%
Net Income 17,760 -109,680 -51,000 -55,060 40,080
Net Income Growth +116.19% -115.06% +7.37% -237.38% -87.43%
(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Total Assets 212,390 180,890 304,100 351,990 381,420
Total Assets Growth +17.41% -40.52% -13.61% -7.72% -12.33%
Total Liabilities 14,290 4,550 14,520 15,200 5,560
Total Liabilities Growth +214.07% -68.66% -4.47% +173.38% -95.45%
(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Operating Cash Flow 10,930 -50 -13,310 -15,150 -4,030
Operating Cash Flow Growth +21,960.00% +99.62% +12.15% -275.93% +74.84%
Net Cash Flow 12,170 -6,340 -15,770 -29,190 -16,620
Change in Net Cash Flow +291.96% +59.80% +45.97% -75.63% -107.93%
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