Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 90

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 90
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 $105,570 $667,948 Billable costs63,263 20,137 33,177 116,577 Staff costs195,193 99,264 41,131 335,588 Administrative costs33,902 24,525 8,379 66,806 Unbillable and other costs *24,780 15,613 710 41,103 Adjusted EBITDA67,995 17,706 22,173 107,874 Adjusted EBITDA - All Other(3,149)Adjusted EBITDA - Corporate(18,622)Total Consolidated Adjusted EBITDA86,103 Stock-based compensation5,875 Depreciation and amortization42,001 Deferred acquisition consideration7,236 Impairment and other losses215 Other items, net8,869 Operating Income21,907 Interest expense, net(23,533)Foreign exchange, net(1,355)Other, net193 (24,695)Loss before income taxes and equity in earnings of non-consolidated affiliates(2,788)Income tax expense1,165 Loss before equity in earnings of non-consolidated affiliates(3,953)Equity in loss of non-consolidated affiliates(1)Net loss(3,954)Net loss attributable to noncontrolling and redeemable noncontrolling interests989 Net loss attributable to Stagwell Inc. common shareholders$(2,965)(1) Total consolidated revenue of $671,168 also includes revenue of $3,220 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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Six Months Ended June 30, 2024Integrated Agencies NetworkBrand Performance NetworkCommunications NetworkTotal(dollars in thousands)Revenue (1)$737,852 $391,207 $199,316 $1,328,375 Billable costs123,210 71,537 59,435 254,182 Staff costs381,727 197,695 80,395 659,817 Administrative costs64,504 46,596 17,083 128,183 Unbill