Company: STGW
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0000876883-25-000009
Chunk: 127

Company: Stagwell Inc
Filing Date: 2025-03-11
Form: 10-K
Item: Item 8
Chunk 127
---
 which we are acting as an agent, the revenue recognized related to the contract liability is presented on a net basis within the Consolidated Statements of Operations. The Company acquired $10.2 million in contract assets and $15.7 million in contract liabilities in connection with the acquisition of Epiphany, Consulum, and Unicepta. See Note 4 of the Notes included herein for additional information related to these acquisitions.Changes in the contract asset and liability balances during the year ended December 31, 2024, were not materially impacted by write-offs, impairment losses or any other factors.Unsatisfied Performance Obligations

The majority of our contracts are for periods of one year or less. For those contracts with a term of more than one year, we had $118.8 million of unsatisfied performance obligations as of December 31, 2024, of which we expect to recognize approximately 80% in 2025, 16% in 2026 and 4% in 2027, and thereafter.

76

6. Earnings (Loss) Per ShareThe following table presents the computations of basic and diluted earnings per common share for the year ended December 31, 2024 (amounts in thousands, except per share amounts): Year Ended December 31,2024Earnings Per Share - BasicNumerator:Net income$25,044 Net income attributable to Class C shareholders(17,144)Net income attributable to other equity interest holders(5,641)Net income attributable to noncontrolling and redeemable noncontrolling interests$(22,785)Net income attributable to Stagwell Inc. common shareholders$       2,259 Denominator:Weighted Average number of common shares outstanding110,890 Earnings Per Share - Basic$0.02 Earnings Per Share - DilutedNumerator:Net income attributable to Stagwell Inc. common shareholders$       2,259 Denominator:Basic - Weighted Average number of common shares outstanding110,890 Dilutive shares:Stock appreciation rights461 Restricted share and restricted unit awards4,395 Employee Stock Purchase Plan shares6 Diluted - Weighted average number of common shares outstanding115,752 Earnings Per Share - Diluted$0.02 Anti-dilutive:Class C Shares151,649 Class A Shares to settle deferred acquisition obligations6,236     

77

The following table presents the computations of basic and diluted