Company: STGW
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0000876883-25-000009
Chunk: 100

Company: Stagwell Inc
Filing Date: 2025-03-11
Form: 10-K
Item: Item 8
Chunk 100
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 by investing activities(162,472)155,951 (116,275)Cash flows from financing activities:Repayment of borrowings under revolving credit facility(1,755,000)(1,986,500)(1,266,000)Proceeds from borrowings under revolving credit facility1,960,000 1,945,500 1,255,500 Shares repurchased and cancelled(108,249)(223,835)(70,269)Distributions to noncontrolling interests(26,723)(24,964)(39,197)Payment of deferred consideration(29,774)(49,221)(63,170)Purchase of noncontrolling interest(3,316)— (3,600)Debt issuance costs— (844)— Net cash provided by (used in) financing activities36,938 (339,864)(186,736)Effect of exchange rate changes on cash and cash equivalents(5,723)2,054 (7,995)Net increase (decrease) in cash and cash equivalents11,602 (100,852)36,580 Cash and cash equivalents at beginning of period119,737 220,589 184,009 Cash and cash equivalents at end of period$131,339 $119,737 $220,589 Supplemental Cash Flow Information:

59

Table of ContentsSTAGWELL INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS - (continued)(amounts in thousands)

 Year Ended December 31,202420232022Cash income taxes paid$23,906 $45,538 $41,235 Cash interest paid91,050 87,068 70,935 Non-cash investing and financing activities:Acquisitions of business47,082 8,332 1,178 Acquisitions of noncontrolling interest27,207 22,172 1,000 Share issuances341 — — Establishment of a deferred tax asset related to the exchange— — 30,556 Establishment of Tax Receivables Agreement liability— — 26,610 Conversion of Class C to Class A shares— — 47,930 Finalization of Stagwell Inc’s tax basis in Stagwell Global, LLC— — 119,470 Non-cash payment of deferred acquisition consideration18,208 32,820 989 

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