Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 164

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 164
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billable and other costs *27,309 13,443 625 41,377 Adjusted EBITDA77,510 15,581 19,355 112,446 Adjusted EBITDA - All Other(6,945)Adjusted EBITDA - Corporate(12,646)Total Consolidated Adjusted EBITDA92,855 Stock-based compensation19,954 Depreciation and amortization41,369 Deferred acquisition consideration(3,220)Other items, net11,580 Operating Income23,172 Other income (expenses):Interest expense, net(23,455)Foreign exchange, net(1,338)Other, net(360)(25,153)Loss before income taxes and equity in earnings of non-consolidated affiliates(1,981)Income tax expense2,673 Loss before equity in earnings of non-consolidated affiliates(4,654)Equity in income of non-consolidated affiliates20 Net loss(4,634)Net income attributable to noncontrolling and redeemable noncontrolling interests(627)Net loss attributable to Stagwell Inc. common shareholders$(5,261)(1) Total consolidated revenue of $706,818 also includes revenue of $24,401 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, 2025Integrated Agencies NetworkBrand Performance NetworkCommunications NetworkTotal(dollars in thousands)Revenue (1)$783,544 $332,317 $193,756 $1,309,617 Billable costs112,862 30,591 52,416 195,869 Staff costs405,857 196,710 89,389 691,956 Administrative costs65,738 48,991 19,724 134,453 Unbillable and other costs *44,408 28,901 1,115 74,424 Adjusted EBITDA154,679 27,124 31,112 212,915 Adjusted EBITDA - All Other(13,275)Adjusted EBITDA - Corporate(26,203)Total Consolidated Adjusted E