Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 116

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 116
---
 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 - add-backs50,964 Net loss attributable to Class C shareholders(3,582)47,382 $85,797 

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

Adjusted EBITDA

Adjusted EBITDA for the six months ended June 30, 2025, was $173.4 million, compared to $176.4 million for the six months ended June 30, 2024, representing a decrease of $3.0 million, primarily driven by a decrease in Operating Income, as discussed above.

57

Integrated Agencies Network

The components of operating results for the six months ended June 30, 2025 compared to the six months ended June 30, 2024 were as follows: 

Six Months Ended June 30,20252024Change(dollars in thousands)$%Revenue$783,544 $737,852 $45,692 6.2 %Operating ExpensesCost of services510,317 496,439 13,878 2.8 %Office and general expenses137,617 141,596 (3,979)(2.8)%Depreciation and amortization41,466 38,853 2,613 6.7 %Impairment and other losses— 1,500 (1,500)(100.0)%$689,400 $678,388 $