Stagwell Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018
Revenue	2,707	2,527	2,688	1,469	888.03	628.67	Upgrade
Revenue Growth (YoY)	4.92%	-5.98%	82.92%	65.46%	41.26%	47.42%	Upgrade
Cost of Revenue	1,760	1,621	1,674	906.86	571.59	376.28	Upgrade
Gross Profit	947.08	906	1,014	562.51	316.44	252.39	Upgrade
Selling, General & Admin	676.12	646.65	613.56	423.78	191.68	175.96	Upgrade
Other Operating Expenses	0.03	1.4	1.47	0.04	-	-	Upgrade
Operating Expenses	824.07	790.87	746.3	501.33	232.7	211.69	Upgrade
Operating Income	123.02	115.13	267.92	61.18	83.74	40.7	Upgrade
Interest Expense	-91.27	-90.94	-76.56	-32.19	-6.47	-8.66	Upgrade
Interest & Investment Income	0.1	0.3	0.5	0.3	0.25	-	Upgrade
Earnings From Equity Investments	-7.92	-8.87	-0.08	-0.24	0.06	-0.16	Upgrade
Currency Exchange Gain (Loss)	-2.97	-2.96	-2.61	-3.33	-0.72	-	Upgrade
Other Non Operating Income (Expenses)	-1.02	-0.66	-5.73	6.76	0.54	-0.79	Upgrade
EBT Excluding Unusual Items	19.94	12	183.44	32.48	77.4	31.08	Upgrade
Impairment of Goodwill	-	-	-116.71	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.35	Upgrade
Gain (Loss) on Sale of Assets	94.51	94.51	-	43.04	-	-	Upgrade
Asset Writedown	-2.52	-10	-4	-16.2	-	-	Upgrade
Other Unusual Items	-11.37	-14.3	12.78	-	-	-	Upgrade
Pretax Income	100.56	82.2	75.51	59.32	77.4	30.73	Upgrade
Income Tax Expense	45	40.56	25.46	23.4	5.94	10	Upgrade
Earnings From Continuing Operations	55.56	41.64	50.04	35.92	71.46	20.73	Upgrade
Minority Interest in Earnings	-55.25	-41.51	-30.13	-14.88	-15.11	-3.59	Upgrade
Net Income	0.31	0.13	19.92	21.04	56.36	17.14	Upgrade
Preferred Dividends & Other Adjustments	-	-	-	24.74	-	-	Upgrade
Net Income to Common	0.31	0.13	19.92	-3.71	56.36	17.14	Upgrade
Net Income Growth	-	-99.33%	-5.31%	-62.67%	228.78%	7.51%	Upgrade
Shares Outstanding (Basic)	112	117	124	90	-	-	Upgrade
Shares Outstanding (Diluted)	112	122	297	90	-	-	Upgrade
Shares Change (YoY)	-6.72%	-58.81%	228.00%	-	-	-	Upgrade
EPS (Basic)	0.00	0.00	0.16	-0.04	-	-	Upgrade
EPS (Diluted)	0.00	0.00	0.12	-0.04	-	-	Upgrade
EPS Growth	-	-99.10%	-	-	-	-	Upgrade
Free Cash Flow	120.56	66.77	324.92	192.06	133.39	52.37	Upgrade
Free Cash Flow Per Share	1.08	0.55	1.10	2.12	-	-	Upgrade
Gross Margin	34.98%	35.85%	37.73%	38.28%	35.63%	40.15%	Upgrade
Operating Margin	4.54%	4.56%	9.97%	4.16%	9.43%	6.47%	Upgrade
Profit Margin	0.01%	0.01%	0.74%	-0.25%	6.35%	2.73%	Upgrade
Free Cash Flow Margin	4.45%	2.64%	12.09%	13.07%	15.02%	8.33%	Upgrade
EBITDA	270.93	257.96	399.19	138.69	124.77	76.42	Upgrade
EBITDA Margin	10.01%	10.21%	14.85%	9.44%	14.05%	12.16%	Upgrade
D&A For EBITDA	147.92	142.83	131.27	77.5	41.03	35.73	Upgrade
EBIT	123.02	115.13	267.92	61.18	83.74	40.7	Upgrade
EBIT Margin	4.54%	4.56%	9.97%	4.16%	9.43%	6.47%	Upgrade
Effective Tax Rate	44.75%	49.34%	33.72%	39.45%	7.67%	32.55%	Upgrade
Advertising Expenses	-	-	-	-	-	8.9	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.