Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 50

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 50
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.04)Weighted Average Number of Common Shares Outstanding:     Basic 260,774 113,484 186,843 113,059    Diluted260,774 113,484 265,600 113,059 

See Notes to the Unaudited Consolidated Financial Statements.

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Table of Contents

 STAGWELL INC. AND SUBSIDIARIES

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(amounts in thousands)

 Three Months Ended June 30,Six Months Ended June 30, 2025202420252024COMPREHENSIVE INCOME (LOSS) Net loss$(4,634)$(3,954)$(9,959)$(4,667)Other comprehensive income (loss) - Foreign currency translation adjustment24,068 (5,479)34,566 (12,625)Comprehensive income (loss) for the period19,434 (9,433)24,607 (17,292)Comprehensive (income) loss attributable to the noncontrolling and redeemable noncontrolling interests(627)4,469 (4,246)8,182 Comprehensive income (loss) attributable to Stagwell Inc. common shareholders$18,807 $(4,964)$20,361 $(9,110)

See Notes to the Unaudited Consolidated Financial Statements.

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 STAGWELL INC. AND SUBSIDIARIES

UNAUDITED CONSOLIDATED BALANCE SHEETS

(amounts in thousands) June 30, 2025December 31, 2024ASSETS  Current Assets  Cash and cash equivalents$181,309 $131,339 Accounts receivable, net769,291 716,415 Expenditures billable to clients150,234 173,194 Other current assets162,233 114,200 Total Current Assets1,263,067 1,135,148 Fixed assets, net65,267 72,706 Right-of-use lease assets - operating leases219,717 219,400 Goodwill1,600,714 1,554,146 Other intangible assets, net866,780 836,783 Deferred tax assets251,622 46,926 Other assets50,008 43,112 Total Assets$4,317,175