Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 115

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 115
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 June 30, 2024. The amounts are driven by the mix of income and loss derived from entities not entirely owned by the Company.

Net Income (Loss) Attributable to Stagwell Inc. Common Shareholders 

As a result of the foregoing, net loss attributable to Stagwell Inc. common shareholders for the six months ended June 30, 2025, was $8.2 million, compared to a net loss of $4.2 million for the six months ended June 30, 2024.

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Earnings Per Share

Diluted EPS and Adjusted Diluted EPS for the six months ended June 30, 2025, were as follows:

GAAPAdjustmentsNon-GAAP(amounts in thousands, except per share amounts)Net income (loss) attributable to Stagwell Inc. common shareholders$(8,178)$93,283 $85,105 Net loss attributable to Class C shareholders(6,637)— (6,637)Net income (loss) attributable to Stagwell Inc. and Class C shareholders and adjusted net income$(14,815)$93,283 $78,468 Weighted average number of common shares outstanding186,843 8,506 195,349 Weighted average number of shares of Class C Common Stock outstanding78,757 — 78,757 Weighted average number of shares outstanding265,600 8,506 274,106 Diluted EPS and Adjusted Diluted EPS (1)$(0.06)$0.29 Adjustments to Net Income (loss)Amortization$68,574 Stock-based compensation31,497 Deferred acquisition consideration3,437 Other items, net13,671 117,179 Adjusted tax expense(23,896)$93,283 

  (1) Adjusted Diluted EPS is defined within the Non-GAAP Financial Measures section of the Executive Summary.

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Diluted EPS and Adjusted Diluted EPS for the six months ended June 30, 2024, were as follows:

GAAPAdjustmentsNon-GAAP(amounts in thousands, except per share amounts)Net income (loss) attributable to Stagwell Inc. common shareholders$(4,247)$38,415 $34,168 Net income attributable to Class C shareholders— 47,382 47,382 Net income (loss) attributable to Stagwell Inc. and Class C shareholders and adjusted net