Stagwell Inc

Listed Company

STGWCIK 0000876883NasdaqAcceleratedServices-Advertising AgenciesDelawareFY ends Dec 31

Period

FY 2025

Revenue

$2.91B

Net Income

$29.10M

Total Assets

$4.21B

Equity

$758.39M

Shares Out

253.45M

Op. Cash Flow

$291.03M

Business

Stagwell Inc is a challenger marketing network that delivers scaled creative performance by combining culture-moving creativity with leading-edge technology to drive effectiveness for major brands. It provides digital-first marketing services and proprietary SaaS and DaaS technology tools, including AI-enabled communications, research, media platforms, e-commerce solutions and augmented reality applications. The company organizes operations into three reportable segments — Integrated Agencies Network, Brand Performance Network and Communications Network — covering capabilities such as Digital Transformation, Performance Media & Data, Consumer Insights & Strategy and Creativity & Communications. Stagwell serves clients across more than 40 countries and through a Global Affiliate Network, delivering services via agency engagements, networks and subscription licensing of its Marketing Cloud technology.

Summary from filing dated 2025-03-11

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenues	2,909	2,841	2,527	2,688	1,469
Cost of services	1,846	1,843	1,621	1,674	907
Office and general expenses	732	712	661	602	424
Depreciation and amortization	171	152	143	131	78
Impairment and other losses	466,000	2	11	122	16
Costs and Expenses, Total	2,750	2,708	2,437	2,529	1,425
Operating Income (Loss), Total	159	133	91	159	45
Interest expense, net	−96	−92	−91	−76	−32
Foreign exchange, net	−2	−2	−3	−3	−3
Other, net	171,000	−1	−359,000	−5	7
Nonoperating Income (Expense), Total	−90	−95	542,000	−84	15
Income before income taxes and equity in earnings of non-consolidated affiliates	69	38	91	76	60
Income tax expense	38	13	41	25	23
Income before equity in earnings of non-consolidated affiliates	31	25	51	50	36
Equity in income (loss) of non-consolidated affiliates	111,000	503,000	−9	−79,000	−240,000
Net income	31	25	42	50	36
Net income attributable to noncontrolling and redeemable noncontrolling interests	−2	−23	−42	−30	−15
Net income attributable to Stagwell Inc. common shareholders	29	2	134,000	20	21
Earnings per share, basic	0.13	0.02	0	0.16	−0.04
Earnings per share, diluted	0.08	0.02	0	0.12	−0.04
Weighted Average Number of Shares Outstanding, Basic	221	111	117	124	90
Weighted Average Number of Shares Outstanding, Diluted	265	116	122	297	90
Gain (loss) on disposition of business	−2	0	95	0	43
Business Combination, Bargain Purchase, Gain Recognized, Amount	10	—	—	—	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	105	131	120	221	184
Accounts receivable, net	736	716	697	646	697
Expenditures billable to clients	165	173	114	93	63
Other current assets	157	114	94	74	62
Assets, Current, Total	1,162	1,135	1,025	1,034	1,006
Fixed assets, net	73	73	78	99	98
Operating Lease, Right-of-Use Asset	214	219	254	274	312
Goodwill	1,595	1,554	1,499	1,567	1,653
Other intangible assets, net	834	837	818	908	959
Deferred Tax Assets, Tax Deferred Expense	281	47	—	—	—
Other assets	55	43	93	116	29
Assets, Total	4,215	3,908	3,767	3,997	4,056
Accounts payable	548	449	415	357	272
Accrued media	239	246	292	241	238
Accruals and other liabilities	292	265	233	269	273
Advance billings	330	295	302	337	362
Current portion of lease liabilities - operating leases	55	60	66	76	72
Current portion of deferred acquisition consideration	15	52	67	90	78
Liabilities, Current, Total	1,480	1,367	1,374	1,370	1,294
Long-term debt	1,326	1,354	1,146	1,185	1,192
Long-term portion of deferred acquisition consideration	25	50	34	71	144
Long-term lease liabilities - operating leases	224	245	281	294	343
Deferred Tax Liabilities, Tax Deferred Income	55	47	—	—	—
Long-term tax receivable agreement liability	252	25	—	—	—
Other liabilities	51	34	55	68	57
Liabilities, Total	3,413	3,123	2,931	3,029	3,133
Redeemable Noncontrolling Interest, Equity, Fair Value	25	8	11	39	43
Commitments and Contingencies	—	—	—	—	—
Paid-in capital	744	344	348	492	383
Retained earnings	33	12	21	22	−7
Accumulated other comprehensive loss	−19	−24	−13	−15	−5
Stagwell Inc. shareholders equity	758	332	357	499	371
Noncontrolling interests	18	445	469	430	508
Total shareholders equity	776	777	825	929	879
Liabilities and Equity, Total	4,215	3,908	3,767	3,997	4,056

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Stock-based compensation	54	52	57	33	75
Operating Lease, Right-of-Use Asset, Amortization Expense	67	75	77	77	59
Impairment and other losses	−3	2	11	—	—
Deferred income taxes	10	−11	19	−18	−4
Adjustment To Deferred Acquisition Consideration	−7	23	13	−13	19
Other, net	8	8	8	−22,000	568,000
Accounts receivable	29	8	−59	38	−31
Expenditures billable to clients	12	−54	−21	−32	−35
Other current assets	−52	−6	1	−1	4
Accounts payable	74	24	53	108	−52
Accrued expenses and other liabilities	−42	−29	−25	−22	62
Advance billings	26	−23	−41	−27	76
Increase (Decrease) in Operating Lease Liability	−76	−84	−88	−87	−53
Deferred acquisition related payments	−2	−20	−15	−11	−5
Net Cash Provided by (Used in) Operating Activities, Total	291	143	81	348	201
Capitalized software	−67	−35	−28	−13	−14
Capital expenditures	−44	−19	−14	−23	−9
Acquisitions, net of cash acquired	−6	−103	−23	−74	150
Proceeds from sale of business, net	11	0	229	0	37
Other	−7	−5	−8	−7	−1
Net Cash Provided by (Used in) Investing Activities, Total	−114	−162	156	−116	164
Repayment of borrowings under revolving credit facility	−2,026	−1,755	−1,987	−1,266	−719
Proceeds from borrowings under revolving credit facility	1,999	1,960	1,946	1,256	517
Shares repurchased and cancelled	−134	−108	−224	−70	−841,000
Distributions to noncontrolling interests	−10	−27	−25	−39	0
Payment of deferred consideration	−33	−30	−49	−63	0
Proceeds from (Payments to) Noncontrolling Interests	0	−3	0	—	—
Payments of Financing Costs	−6	0	−844,000	—	—
Net Cash Provided by (Used in) Financing Activities, Total	−210	37	−340	−187	−273
Effect of exchange rate changes on cash and cash equivalents	6	−6	2	−8	158,000
Net increase (decrease) in cash and cash equivalents	−27	12	−101	37	92
Income Taxes Paid	23	24	46	41	59
Cash interest paid	94	91	87	71	24
Shares issued for business acquisitions	15	47	8	1	426
Noncash or Part Noncash Acquisition, Noncontrolling Interest Acquired	0	27	22	1	170
Noncash or Part Noncash Acquisition, Noncash Financial or Equity Instrument Consideration, Shares Issued	0	341,000	33	989,000	7
Addition to deferred tax asset related to exchange of Paired Units	238	—	—	—	—
Addition to Tax Receivables Agreement liability related to exchange of Paired Units	230	—	—	—	—
Conversion of Class C to Class A shares	448	—	—	48	—
Non-cash payment on deferred acquisition	22	18	33	989,000	—

Filings

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