Company: STGW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000876883-25-000034
Chunk: 185

Company: Stagwell Inc
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 185
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 Financial Measures section of the Executive Summary.

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Diluted EPS and Adjusted Diluted EPS for the three months ended September 30, 2024 were as follows:

GAAPAdjustments (1)Non-GAAP(amounts in thousands, except per share amounts)Net income attributable to Stagwell Inc. common shareholders$3,271 $19,762 $23,033 Net income attributable to Class C shareholders— 36,060 36,060 Net income attributable to Stagwell Inc. and Class C and adjusted net income$3,271 $55,822 $59,093 Diluted - Weighted average number of common shares outstanding112,190 — 112,190 Weighted average number of common Class C shares outstanding— 151,649 151,649 Diluted  - Weighted average number of shares outstanding112,190 151,649 263,839 Diluted EPS and Adjusted Diluted EPS (1)$0.03 $0.22 Adjustments to Net incomeAmortization$28,659 Stock-based compensation16,935 Deferred acquisition consideration560 Other items, net15,851 62,005 Adjusted tax expense(15,615)46,390 Net income attributable to Class C shareholders9,432 $55,822 Allocation of adjustments to Net incomeNet income attributable to Stagwell Inc. common shareholders - add-backs$19,762 Net income attributable to Class C shareholders - add-backs26,628 Net income attributable to Class C shareholders9,432 36,060 $55,822 

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

Adjusted EBITDA 

Adjusted EBITDA for the three months ended September 30, 2025 was $114.6 million, compared to $111.2 million for the three months ended September 30, 2024, representing an increase of $3.4 million, primarily driven by an increase in Net revenue, partially offset by an increase in Staff costs due to the inclusion of costs from acquired entities, as discussed above.

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Marketing Services

The components of operating results for the three months ended September 30, 2025 compared to the three months ended September 30, 2024 were as follows: 

Three Months Ended September 30,20252024Change(dollars in