Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 191

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 191
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) 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 $34,168 Net income attributable to Class C shareholders— 47,382 47,382 Net income (loss) attributable to Stagwell Inc. and Class C shareholders and adjusted net income$(4,247)$85,797 $81,550 Weighted average number of common shares outstanding113,059 4,760 117,819 Weighted average number of shares of Class C Common Stock outstanding— 151,649 151,649 Weighted average number of shares outstanding113,059 156,409 269,468 Diluted EPS and Adjusted Diluted EPS (1)$(0.04)$0.30 Adjustments to Net income (loss)Amortization$63,211 Impairment and other losses1,715Stock-based compensation21,991 Deferred acquisition consideration7,390 Other items, net20,725 115,032 Adjusted tax expense(25,653)89,379 Net loss attributable to Class C shareholders(3,582)$85,797 Allocation of adjustments to Net income (loss)Net income attributable to Stagwell Inc. common shareholders$38,415 Net income attributable to Class C shareholders -