Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 52

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 52
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,375 76,837 Amortization of right-of-use lease assets and lease liability interest34,075 39,534 Impairment and other (gains) losses(3,529)1,715 Deferred income taxes(1,424)3,797 Adjustment to deferred acquisition consideration3,437 7,390 Other, net(7,517)3,850 Changes in working capital:Accounts receivable7,941 (30,157)Expenditures billable to clients27,021 (6,516)Other assets(41,375)(5,776)Accounts payable25,333 (28,576)Accrued expenses and other liabilities(89,393)(114,353)Advance billings35,765 12,092 Current portion of lease liabilities - operating leases(40,509)(41,924)Deferred acquisition related payments— (2,855)Net cash provided by (used in) operating activities54,738 (67,618)Cash flows from investing activities:Capitalized software(29,241)(17,076)Capital expenditures(11,595)(13,990)Acquisitions, net of cash acquired14,172 (20,350)Other(8,272)(767)Net cash used in investing activities(34,936)(52,183)Cash flows from financing activities:Repayment of borrowings under revolving credit facility(925,000)(761,000)Proceeds from borrowings under revolving credit facility1,038,000 1,036,000 Shares repurchased and cancelled(67,504)(86,934)Distributions to noncontrolling interests(4,761)(22,483)Payment of deferred consideration(16,103)(23,963)Purchase of noncontrolling interest— (3,316)Debt financing and other costs(3,570)— Net cash provided by financing activities21,062 138,304 Effect of exchange rate changes on cash and cash equivalents9,106 (2,162)Net increase in cash and cash equivalents49,970 16,341 Cash and cash equivalents at beginning of period131,339 119,737 Cash and cash equivalents at end of period$181,309 $136,078 

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Table of ContentsSTAGWELL INC. AND SUBSIDIARIESUNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - (continued