OverviewSuggest Edit

Marathon Patent Group is a patent and patent rights acquisition and licensing company which acquires patents and patent rights from patent holders ranging from individual inventors to Fortune 500 companies. Marathon Patent Group generates revenue with its diversified portfolio through actively managed concurrent licensing campaigns.

TypePublic
Founded2013
HQLas Vegas, US
Websitemarathonpg.com

Latest Updates

Employees (est.) (Dec 2018)3
Revenue (FY, 2018)$1.6 M(+201%)
Share Price (Nov 2019)$1.1 (-5%)

Key People/Management at Marathon Patent Group

Doug Croxall

Doug Croxall

Chairman of the Board & Chief Executive Officer

Marathon Patent Group Office Locations

Marathon Patent Group has offices in Las Vegas, Los Angeles and Alexandria
Las Vegas, US (HQ)
1180 N Town Center Dr #100
Los Angeles, US (HQ)
11100 Santa Monica Blvd
Alexandria, US
2331 Mill Rd #100
Show all (3)

Marathon Patent Group Financials and Metrics

Marathon Patent Group Revenue

Marathon Patent Group's revenue was reported to be $1.56 m in FY, 2018
USD

Revenue (Q3, 2019)

321.7k

Gross profit (Q3, 2019)

(157.1k)

Gross profit margin (Q3, 2019), %

(48.8%)

Net income (Q3, 2019)

(754.4k)

EBIT (Q3, 2019)

(807.9k)

Market capitalization (15-Nov-2019)

7.3m

Closing stock price (15-Nov-2019)

1.1

Cash (30-Sep-2019)

1.3m

EV

6.9m
Marathon Patent Group's current market capitalization is $7.3 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

724.1k3.4m21.4m19.0m36.6m519.6k1.6m

Revenue growth, %

93%

Cost of goods sold

957.0k11.8m16.6m19.1m3.5m3.4m

Gross profit

2.5m9.6m2.4m17.6m(3.0m)(1.8m)
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

55.02.4m3.6m5.1m2.6m5.0m14.9m2.6m

Accounts Receivable

270.0k217.0k136.8k1.5m6.8k

Prepaid Expenses

3.3k40.3k752.9k438.4k338.6k92.9k464.0k

Current Assets

2.5m4.6m7.7m4.8m5.5m15.0m3.0m
USDY, 2019

EV/EBIT

-8.6 x

EV/CFO

-3.1 x

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.2 x
Show all financial metrics

Marathon Patent Group Online and Social Media Presence

Embed Graph

Marathon Patent Group News and Updates

Marathon Patent Group, Inc. Announces Agreement to Acquire 6,000 S-9 Bitmain Miners

HashRate and Revenue Expected to Increase 600% Over Current Mining Operations HashRate and Revenue Expected to Increase 600% Over Current Mining Operations

Marathon Patent Group Announces First Quarter 2019 Financial Results

LAS VEGAS, May 10, 2019 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), today announced its operating results for the three months ended March 31, 2019, as published in its Form 10-Q filed today with the Securities and Exchange Commission.

Thinking about buying stock in Bed Bath & Beyond Inc., Cronos Group Inc., The Walt Disney Co., Marathon Patent Group, or Viking Therapeutics Inc.?

NEW YORK, April 11, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BBBY, CRON, DIS, MARA, and VKTX. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Marathon Patent Group Announces 2018 Fiscal Year End Financial Results

LAS VEGAS, March 25, 2019 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), today announced its operating results for the twelve months ended December 31, 2018, as published in its Annual Report on Form 10-K filed today with the Securities and Exchange Commis…

Marathon Patent Group Announces Results of Annual Meeting of Shareholders

LAS VEGAS, Dec. 12, 2018 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), today announced that on December 11, 2018, the Company held an annual meeting of shareholders (the “Meeting”).  As of the record date for the Meeting, 25,519,940 shares of common and p…

Marathon Patent Group Announces Third Quarter Financial Results and Provides Update on Patent Litigation with Amazon.com

Year Over Year Revenues Increase 108% While Loss Per Share Decreases

Marathon Patent Group Blogs

Marathon Patent Group Reports Third Quarter 2019 Financial Results

LAS VEGAS, Nov. 11, 2019 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), today reported its operating results for the three and nine months ended September 30, 2019, as published in its Form 10-Q filed on Friday, November 8th with the Securities and Exchang…

Marathon Patent Group Begins Deployment of 6,000 S-9 Bitmain Antminers and Relocates Miners from the Company's Granby Location

Company Expects Full Deployment by December 15, 2019 to Yield Seven-Fold Increase in HashRate Production Level to Approximately 100 PH/s  LAS VEGAS, Oct. 25, 2019 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), announced today the company has begun to depl…

Marathon Patent Group Reports Second Quarter 2019 Financial Results

2019 Sequential Quarterly Revenues Increase 54% LAS VEGAS, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), today reported its operating results for its second quarter for the three months ended June 30, 2019, as published in its Form 10-Q fil…

Jesse Lund, Former Blockchain Head at IBM, Joins Marathon Patent Group as Board of Directors Advisor

LAS VEGAS, July 24, 2019 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ: MARA) (“Marathon” or the “Company”), today announced that Jesse Lund, former Blockchain head at IBM has accepted the Company’s invitation to work with its Board of Directors in an advisory role. Mr. Lund will provid…

Marathon Patent Group Receives Nasdaq Acceptance of its Plan to Regain Compliance

LOS ANGELES, July 23, 2019 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon" or the "Company") today announced that today that The Nasdaq Stock Market LLC (“Nasdaq”) has accepted the company’s plan to regain compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), whi…

Marathon Patent Group Regains Compliance with NASDAQ Listing Requirements

LOS ANGELES, April 25, 2019 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), today announced that it received formal notification from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Listing Rule 5450(a)(1), which requi…
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Marathon Patent Group Frequently Asked Questions

  • When was Marathon Patent Group founded?

    Marathon Patent Group was founded in 2013.

  • Who are Marathon Patent Group key executives?

    Marathon Patent Group's key executives are Doug Croxall.

  • How many employees does Marathon Patent Group have?

    Marathon Patent Group has 3 employees.

  • What is Marathon Patent Group revenue?

    Latest Marathon Patent Group annual revenue is $1.6 m.

  • What is Marathon Patent Group revenue per employee?

    Latest Marathon Patent Group revenue per employee is $520.8 k.

  • Who are Marathon Patent Group competitors?

    Competitors of Marathon Patent Group include Creative Commons, Murgitroyd and Hogan Lovells.

  • Where is Marathon Patent Group headquarters?

    Marathon Patent Group headquarters is located at 1180 N Town Center Dr #100, Las Vegas.

  • Where are Marathon Patent Group offices?

    Marathon Patent Group has offices in Las Vegas, Los Angeles and Alexandria.

  • How many offices does Marathon Patent Group have?

    Marathon Patent Group has 3 offices.