Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 165

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 165
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BITDA173,437 Stock-based compensation31,497 Depreciation and amortization83,375 Deferred acquisition consideration3,437 Other items, net13,671 Operating Income41,457 Other income (expenses):Interest expense, net(46,811)Foreign exchange, net(118)Other, net(111)(47,040)Loss before income taxes and equity in earnings of non-consolidated affiliates(5,583)Income tax expense4,395 Loss before equity in earnings of non-consolidated affiliates(9,978)Equity in income of non-consolidated affiliates19 Net loss(9,959)Net loss attributable to noncontrolling and redeemable noncontrolling interests1,781 Net loss attributable to Stagwell Inc. common shareholders$(8,178)(1) Total consolidated revenue of $1,358,558 also includes revenue of $48,941 associated with operating segments that do not meet the aggregation criteria and elimination of certain intercompany service and revenue.*For each reportable segment, Unbillable and other costs includes costs to fulfill customer contract requirements such as research and subscription related costs, audience measurement, data and analytics, and panels and survey costs; and also includes travel related expenses associated with contract fulfillment.

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Three Months Ended June 30, 2024Integrated Agencies NetworkBrand Performance NetworkCommunications NetworkTotal(dollars in thousands)Revenue (1)$385,133 $177,245 $105,570 $667,948 Billable costs63,263 20,137 33,177 116,577 Staff costs195,193 99,264 41,131 335,588 Administrative costs33,902 24,525 8,379 66,806 Unbillable and other costs *24,780 15,613 710 41,103 Adjusted EBITDA67,995 17,706 22,173 107,874 Adjusted EBITDA - All Other(3,149)Adjusted EBITDA - Corporate(18,622)Total Consolidated Adjusted EBITDA86,103 Stock-based compensation5,875 Depreciation and amortization42,001 Deferred acquisition consideration7,236 Impairment and other losses215 Other items, net8,869 Operating Income21,907 Interest expense, net(23,533)Foreign exchange, net(1,355)Other, net