Company: STGW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000876883-25-000034
Chunk: 58

Company: Stagwell Inc
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 58
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,635 112,881 Amortization of right-of-use lease assets and lease liability interest51,208 58,052 Impairment and other (gains) losses(3,063)1,715 Deferred income taxes3,216 (3,446)Adjustment to deferred acquisition consideration(9,911)7,950 Other, net1,319 6,371 Changes in working capital:Accounts receivable(3,477)(6,212)Expenditures billable to clients26,266 (15,705)Other assets(53,377)(9,068)Accounts payable(57,306)(94,160)Accrued expenses and other liabilities(117,118)(121,647)Advance billings67,964 23,984 Current portion of lease liabilities - operating leases(59,414)(63,956)Deferred acquisition related payments(1,176)(14,112)Net cash provided by (used in) operating activities30,713 (69,230)Cash flows from investing activities:Capitalized software(45,315)(19,320)Capital expenditures(26,338)(16,728)Acquisitions, net of cash acquired(6,179)(23,781)Other(2,927)(6,656)Net cash used in investing activities(80,759)(66,485)Cash flows from financing activities:Repayment of borrowings under revolving credit facility(1,412,000)(1,176,000)Proceeds from borrowings under revolving credit facility1,586,326 1,492,000 Shares repurchased and cancelled(105,183)(101,249)Distributions to noncontrolling interests(5,018)(23,583)Payment of deferred consideration(16,103)(28,721)Purchase of noncontrolling interest— (3,316)Debt financing and other costs(3,795)— Net cash provided by financing activities44,227 159,131 Effect of exchange rate changes on cash and cash equivalents6,718 2,654 Net increase in cash and cash equivalents899 26,070 Cash and cash equivalents at beginning of period131,339 119,737 Cash and cash equivalents at end of period$132,238 $145,807 

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Table of ContentsSTAGWELL INC. AND SUBSIDIARIESUNAUDITED CONSOLIDATED STATEMENTS OF CASH F