Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 51

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 51
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$3,908,221 LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS (“RNCI”), AND SHAREHOLDERS’ EQUITYCurrent LiabilitiesAccounts payable$484,069 $449,347 Accrued media222,472 245,883 Accruals and other liabilities319,724 265,356 Advance billings339,623 294,609 Current portion of lease liabilities - operating leases57,192 60,195 Current portion of deferred acquisition consideration41,391 51,906 Total Current Liabilities1,464,471 1,367,296 Long-term debt1,464,242 1,353,624 Long-term portion of deferred acquisition consideration50,272 50,209 Long-term lease liabilities - operating leases231,152 245,397 Deferred tax liabilities49,388 47,239 Long-term tax receivable agreement (“TRA”) liability223,445 25,493 Other liabilities53,009 33,646 Total Liabilities3,535,979 3,122,904 Redeemable Noncontrolling Interests9,248 8,412 Commitments, Contingencies and Guarantees (Note 10)Shareholders’ EquityCommon shares - Class A261 115 Common shares - Class C— 2 Paid-in capital765,898 343,647 Retained earnings4,923 11,740 Accumulated other comprehensive loss(20,936)(23,773)Stagwell Inc. Shareholders’ Equity750,146 331,731 Noncontrolling interests21,802 445,174 Total Shareholders’ Equity771,948 776,905 Total Liabilities, Redeemable Noncontrolling Interests and Shareholders’ Equity$4,317,175 $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)

 Six Months Ended June 30,20252024Cash flows from operating activities:Net loss$(9,959)$(4,667)Adjustments to reconcile net income to cash provided by (used in) operating activities:Stock-based compensation31,497 21,991 Depreciation and amortization83