Company: STGW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000876883-25-000034
Chunk: 57

Company: Stagwell Inc
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 57
---
,895 $3,908,221 LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS (“RNCI”), AND SHAREHOLDERS’ EQUITYCurrent LiabilitiesAccounts payable$408,149 $449,347 Accrued media206,753 245,883 Accruals and other liabilities275,227 265,356 Advance billings375,768 294,609 Current portion of lease liabilities - operating leases56,774 60,195 Current portion of deferred acquisition consideration53,569 51,906 Total Current Liabilities1,376,240 1,367,296 Long-term debt1,526,291 1,353,624 Long-term portion of deferred acquisition consideration23,478 50,209 Long-term lease liabilities - operating leases227,540 245,397 Deferred tax liabilities53,497 47,239 Long-term tax receivable agreement liability223,600 25,493 Other liabilities52,179 33,646 Total Liabilities3,482,825 3,122,904 Redeemable Noncontrolling Interests8,589 8,412 Commitments, Contingencies and Guarantees (Note 10)Shareholders’ EquityCommon shares - Class A254 115 Common shares - Class C— 2 Paid-in capital741,702 343,647 Retained earnings29,542 11,740 Accumulated other comprehensive loss(22,451)(23,773)Stagwell Inc. Shareholders’ Equity749,047 331,731 Noncontrolling interests21,434 445,174 Total Shareholders’ Equity770,481 776,905 Total Liabilities, Redeemable Noncontrolling Interests and Shareholders’ Equity$4,261,895 $3,908,221  

See Notes to the Unaudited Consolidated Financial Statements.

5

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

 Nine Months Ended September 30,20252024Cash flows from operating activities:Net income$13,804 $9,197 Adjustments to reconcile net income to cash provided by (used in) operating activities:Stock-based compensation44,143 38,926 Depreciation and amortization127