Company: STGW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000876883-25-000034
Chunk: 59

Company: Stagwell Inc
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 59
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LOWS - (continued)(amounts in thousands)

 Nine Months Ended September 30,20252024Supplemental Cash Flow Information:Cash income taxes paid$18,291 $15,660 Cash interest paid86,302 83,046 Non-cash investing and financing activities:Shares issued for business acquisitions15,300 8,143 Acquisitions of noncontrolling interest— 10,167 Share issuances— 341 Addition to deferred tax asset related to exchange of Paired Units203,418 — Addition to Tax Receivables Agreement liability related to exchange of Paired Units200,274 — Conversion of Class C to Class A shares447,562 — Shares issued as payment for deferred acquisition consideration— 18,208 

See Notes to the Unaudited Consolidated Financial Statements.

7

Table of ContentsSTAGWELL INC. AND SUBSIDIARIESUNAUDITED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY(amounts in thousands)

Three Months Ended September 30, 2025 Common Shares - Class APaid-in CapitalRetained EarningsAccumulated Other Comprehensive LossStagwell Inc. Shareholders’ EquityNoncontrolling InterestsShareholders’ EquitySharesAmountBalance at June 30, 2025261,236 $261 $765,898 $4,923 $(20,936)$750,146 $21,802 $771,948 Net income (loss)— — — 24,619 — 24,619 (856)23,763 Other comprehensive income— — — — (1,515)(1,515)— (1,515)Total other comprehensive income (loss)— — — 24,619 (1,515)23,104 (856)22,248 Distributions to noncontrolling interests— — — — — — (129)(129)Restricted awards granted or vested159 — 287 — — 287 — 287 Shares repurchased and cancelled(7,067)(7)(37,272)— — (37,279)— (37,279)Restricted shares forfeited(14)— — — — — — — Stock-based compensation— — 13,078 — — 13,078 — 13