Company: STGW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000876883-25-000017
Chunk: 61

Company: Stagwell Inc
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 61
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Repayment of borrowings under revolving credit facility(432,000)(417,000)Proceeds from borrowings under revolving credit facility543,000 540,000 Shares repurchased and cancelled(11,068)(29,698)Distributions to noncontrolling interests(581)(559)Payment of deferred consideration(16,103)(1,657)Net cash provided by financing activities83,248 91,086 Effect of exchange rate changes on cash and cash equivalents3,438 (1,754)Net increase in cash and cash equivalents6,314 10,087 Cash and cash equivalents at beginning of period131,339 119,737 Cash and cash equivalents at end of period$137,653 $129,824 Supplemental Cash Flow Information:Cash income taxes paid$7,908 $8,535 Cash interest paid37,738 35,253 

6

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

 Three Months Ended March 31,20252024Non-cash investing and financing activities:Acquisitions of business— 6,139 Acquisitions of noncontrolling interest— 10,167 Share issuances— 341 

See Notes to the Unaudited Consolidated Financial Statements.

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

Three Months Ended March 31, 2025 Common Shares - Class ACommon Shares - Class CPaid-in CapitalRetained EarningsAccumulated Other Comprehensive LossStagwell Inc. Shareholders’ EquityNoncontrolling InterestsShareholders’ EquitySharesAmountSharesAmountBalance at December 31, 2024 114,847 $115 151,649 $2 $343,647 $11,740 $(23,773)$331,731 $445,174 $776,905 Net loss— — — — — (2,917)— (2,917)(2,408)(5,325)Other comprehensive income— — — — — — 4,471 4,471 6,027 10,498 Total other comprehensive income (loss)— — — —