Company: STGW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000876883-25-000034
Chunk: 200

Company: Stagwell Inc
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 200
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234 Diluted - Weighted average number of common shares outstanding214,557 — 214,557 Weighted average number of shares of Class C Common Stock outstanding52,216 — 52,216 Diluted - Weighted average number of shares outstanding266,773 — 266,773 Diluted EPS and Adjusted Diluted EPS (1)$0.04 $0.53 Adjustments to Net IncomeAmortization$107,281 Impairment and other losses466 Stock-based compensation44,143 Deferred acquisition consideration(9,911)Other items, net25,599 167,578 Adjusted tax expense(36,148)$131,430 

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

56

Diluted EPS and Adjusted Diluted EPS for the nine months ended September 30, 2024 were as follows:

GAAPAdjustmentsNon-GAAP(amounts in thousands, except per share amounts)Net income (loss) attributable to Stagwell Inc. common shareholders$(976)$58,177 $57,201 Net income attributable to Class C shareholders— 83,442 83,442 Net income (loss) attributable to Stagwell Inc. and Class C shareholders and adjusted net income$(976)$141,619 $140,643 Diluted - Weighted average number of common shares outstanding111,436 — 111,436 Weighted average number of shares of Class C Common Stock outstanding— 151,649 151,649 Diluted - Weighted average number of shares outstanding111,436 151,649 263,085 Diluted EPS and Adjusted Diluted EPS (1)$(0.01)$0.53 Adjustments to Net income (loss)Amortization$91,870 Impairment and other losses1,715Stock-based compensation38,926 Deferred acquisition consideration7,950 Other items, net36,576 177,037 Adjusted tax expense(41,268)135,769 Net loss attributable to Class C shareholders5,850 $141,619 Allocation of adjustments to Net income (loss)Net income attributable to Stagwell Inc. common shareholders$58,177 Net income attributable to Class C shareholders - add-backs77,592 Net income attributable to Class C shareholders5,850