Stagwell Inc (OQ:STGW)

Business Focus: Advertising & Marketing

Sector:  Consumer Cyclicals Industry:  Advertising & Marketing
 
See Regulatory Filings on SEC
Company Contact
Address: One World Trade Center, Floor 65
NEW YORK NY 10007
Tel: N/A
Website: https://www.stagwellglobal.com
IR: See website
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Key People
Mark J. Penn
Chairman of the Board, Chief Executive Officer
Jay Leveton
President
Frank Lanuto
Chief Financial Officer
Ryan Greene
Chief Operating Officer
Vincenzo Dimaggio
Senior Vice President, Chief Accounting Officer
Shannon Pruitt
Global Chief Marketing Officer
Peter Mcelligott
General Counsel
   
Business Overview
Stagwell Inc. is a digital-first global marketing network. Its primary capabilities include digital transformation, performance media and data, consumer insights and strategy, and creativity and communications. Its Integrated Agencies Network segment consists of the Anomaly Alliance, Constellation, the Doner Partner Network, Code and Theory, and National Research Group. Its Brand Performance Network segment includes a unified media and data management structure with omnichannel media placement, creative media consulting, influencer, and business-to-business marketing capabilities. Its Communications Network segment includes a network that provides advocacy, strategic corporate communications, investor relations, public relations, online fundraising and other services to both corporations and political and advocacy organizations. It also specializes in offering cultural relevance, experiential, digital storytelling, branded content, multi-cultural marketing, and influencer integration.
Financial Overview
For the three months ended 31 March 2024, Stagwell Inc revenues increased 8% to $670.1M. Net loss totaled $1.3M vs. income of $1.4M. Revenues reflect Communications Network segment increase of 41% to $93.7M, Integrated Agencies Network segment increase of 7% to $352.7M, United States segment increase of 11% to $561.3M. Net loss reflects Total lease cost increase of 11% to $26.9M (expense).
Employees: 10,250 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,033M as of Mar 31, 2024
Annual revenue (TTM): $2,575M as of Mar 31, 2024
EBITDA (TTM): $257.23M as of Mar 31, 2024
Net annual income (TTM): -$1.59M as of Mar 31, 2024
Free cash flow (TTM): $96.76M as of Mar 31, 2024
Net Debt Last Fiscal Year: $1,140M as of Mar 31, 2024
Shares outstanding: 263,994,787 as of Jun 13, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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