Company: STGW
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0000876883-25-000009
Chunk: 12

Company: Stagwell Inc
Filing Date: 2025-03-11
Form: 10-K
Item: Item 7
Chunk 12
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752 153,883 269,635 Diluted EPS and Adjusted Diluted EPS (1)$0.02 $0.77 Adjustments to Net IncomeAmortization$122,442 Impairment and other losses1,715 Stock-based compensation52,161 Deferred acquisition consideration22,995 Other items, net49,196 248,509 Adjusted tax expense(61,308)187,201 Net income attributable to Class C shareholders17,144 $204,345 Allocation of adjustments to Net incomeNet income attributable to Stagwell Inc. common shareholders - add-backs$80,403 Net income attributable to Class C shareholders - add-backs106,798 Net income attributable to Class C shareholders17,144 123,942 $204,345 

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

37

Diluted EPS and Adjusted Diluted EPS for the year ended December 31, 2023, were as follows:

GAAPAdjustments(1)Non-GAAP(amounts in thousands, except per share amounts)Net income attributable to Stagwell Inc. common shareholders$134 $52,712 $52,846 Net income attributable to Class C shareholders— 106,153 106,153 Net income attributable to Stagwell Inc. and Class C and adjusted net income  $134 $158,865 $158,999 Weighted average number of common shares outstanding122,170 3,628 125,798 Weighted average number of common Class C shares outstanding— 154,972 154,972 Weighted average number of shares outstanding122,170 158,600 280,770 Diluted EPS and Adjusted Diluted EPS (1)$— $0.57 Adjustments to Net incomeAmortization$113,835 Impairment and other losses11,395Stock-based compensation57,179 Deferred acquisition consideration13,060 Gain on sale of business(94,505)Other items, net45,147 146,111 Adjusted tax expense(26,312)119,799 Net income attributable to Class C shareholders39,066 $158,865 Allocation of adjustments to Net incomeNet income attributable to Stagwell Inc. common shareholders - add-backs$52,712 Net income to attributable to Class C