Company: STGW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000876883-25-000034
Chunk: 91

Company: Stagwell Inc
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 91
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13,864 Net income attributable to noncontrolling and redeemable noncontrolling interests(10,593)Net income attributable to Stagwell Inc. common shareholders$3,271 (1) Total consolidated revenue of $711,281 reflects an intercompany elimination of $389.*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, panels and survey costs, and also includes travel related expenses.

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Nine Months Ended September 30, 2024Marketing ServicesDigital TransformationMedia & CommerceCommunicationsThe Marketing CloudTotal(dollars in thousands)Revenue (1)$782,371 $248,976 $521,963 $473,957 $25,823 $2,053,090 Billable costs124,196 9,363 82,180 170,067 — 385,806 Staff costs407,948 166,965 265,576 162,715 21,024 1,024,228 Administrative costs74,293 15,707 61,509 33,689 9,659 194,857 Unbillable and other costs *53,176 788 46,244 7,958 5,547 113,713 Adjusted EBITDA122,758 56,153 66,454 99,528 (10,407)334,486 Adjusted EBITDA - Corporate and eliminations(46,898)Total Consolidated Adjusted EBITDA287,588 Stock-based compensation38,926 Depreciation and amortization112,881 Deferred acquisition consideration7,950 Impairment and other losses1,715 Other items, net36,576 Operating Income89,540 Other income (expenses):Interest expense, net(68,279)Foreign exchange, net(2,301)Other, net(825)(71,405)Income before income taxes and equity in earnings of non-consolidated affiliates18,135 Income tax expense9,441 Income before equity in earnings of non-consolidated affiliates8,694 Equity in income of non-consolidated affiliates503 Net income9,197 Net loss attributable to noncontrolling and redeemable noncontrolling interests(10,173)Net loss attributable to Stagwell Inc. common shareholders$(976)(1) Total consolidated revenue