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Stagwell (STGW) - 2025 Q2 - Quarterly Results
2025-07-31 11:15
Financial Performance - Q2 revenue of $707 million, a 5% increase year-over-year; YTD revenue of $1,359 million, a 1% increase year-over-year[4] - Q2 net revenue of $598 million, an 8% increase year-over-year; YTD net revenue of $1,162 million, a 7% increase year-over-year[4] - Q2 adjusted EBITDA of $93 million, an 8% increase year-over-year; YTD adjusted EBITDA of $173 million, a 2% decrease year-over-year[4] - Q2 net loss attributable to common shareholders of $5 million, compared to a loss of $3 million in the prior year period[4] - Revenue for the three months ended June 30, 2025, was $706.8 million, an increase from $671.2 million in the same period of 2024, representing a growth of 5.4%[26] - Operating income for the three months ended June 30, 2025, was $23.2 million, compared to $21.9 million in the same period of 2024, reflecting an increase of 5.8%[26] - Organic net revenue growth for the three months ended June 30, 2025, was 7.2%, with total net revenue reaching $598.1 million[28] - For the six months ended June 30, 2025, total revenue was $1.36 billion, up from $1.34 billion in the same period of 2024, indicating a growth of 1.6%[26] Guidance and Future Outlook - 2025 guidance includes total net revenue growth of approximately 8% and adjusted EBITDA of $410 million to $460 million[10] - Free cash flow conversion expected to exceed 45%[10] - Adjusted EPS guidance for 2025 is projected between $0.75 and $0.88[10] - Future outlook includes continued focus on market expansion and new product development to drive revenue growth[38] Cost Management - Significant progress on cost-saving initiatives, with $20 million in annualized savings achieved ahead of schedule[6] - The company reported staff costs of $697.506 million for the six months, which accounted for 52% of total revenue[40] - Administrative costs for the six months were $136.697 million, indicating a 10% increase compared to the same period last year[40] - Stagwell Inc. reported stock-based compensation of $31,497 thousand for the six months ended June 30, 2025, compared to $21,991 thousand in the prior year, representing an increase of approximately 43.1%[53] Segment Performance - The Integrated Agencies Network segment reported net revenue of $344.9 million for the three months ended June 30, 2025, a 4.1% increase from the previous year[34] - The Brand Performance Network segment experienced a decline in net revenue of 3.0%, totaling $154.9 million for the three months ended June 30, 2025[34] - The All Other segment saw significant growth, with net revenue increasing by 126.4% to $24.0 million for the three months ended June 30, 2025[34] Assets and Liabilities - The total assets increased to $4,317,175 thousand as of June 30, 2025, compared to $3,908,221 thousand at the end of 2024, reflecting a growth of approximately 10.4%[51] - Cash and cash equivalents rose to $181,309 thousand at the end of June 2025, up from $131,339 thousand at the end of 2024, indicating an increase of about 38.1%[51] - The total current liabilities increased to $1,464,471 thousand as of June 30, 2025, from $1,367,296 thousand at the end of 2024, marking an increase of about 7.1%[51] - Long-term debt stood at $1,464,242 thousand as of June 30, 2025, compared to $1,353,624 thousand at the end of 2024, reflecting an increase of approximately 8.2%[51] Earnings and Losses - The company reported a basic loss per common share of $0.02 for the three months ended June 30, 2025, compared to a loss of $0.03 in the same period of 2024[26] - The net income attributable to Stagwell Inc. common shareholders for the three months ended June 30, 2024, was $15.970 million, with an adjusted diluted EPS of $0.14[47] - For the six months ended June 30, 2024, Stagwell Inc. reported a net loss attributable to common shareholders of $4,247 thousand, while the adjusted net income was $81,550 thousand[49] - The company’s diluted EPS for the six months ended June 30, 2024, was $(0.04), while the adjusted diluted EPS was $0.30[49]
STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025
Prnewswire· 2025-07-31 11:15
Core Insights - Stagwell Inc. reported a year-over-year revenue growth of 5% for Q2 2025, with net revenue growth of 8% [1][5] - The company achieved a net loss of $5 million attributable to common shareholders in Q2, while adjusted EBITDA reached $93 million, reflecting a 23% increase excluding advocacy [1][5] - Stagwell reiterated its 2025 guidance, projecting total net revenue growth of approximately 8% and adjusted EBITDA between $410 million and $460 million [1][6] Financial Performance - Q2 2025 revenue totaled $707 million, a 5% increase compared to the same period last year; year-to-date (YTD) revenue reached $1,359 million, up 1% [5] - Excluding advocacy, Q2 revenue was $651 million, marking a 9% increase; YTD revenue excluding advocacy was $1,261 million, a 5% increase [5] - Q2 net revenue was $598 million, an 8% increase year-over-year, while YTD net revenue was $1,162 million, a 7% increase [5] - Adjusted EBITDA for Q2 was $93 million, an 8% increase year-over-year, with an adjusted EBITDA margin of 16% on net revenue [5][19] Business Development - Stagwell secured net new business of $117 million in Q2, with a last twelve months (LTM) net new business total of $451 million [1][5] - The company reported a 26% growth among its top 25 customers and achieved its first major government contract [3] Cash Flow and Cost Management - Year-to-date cash flow from operations increased by $122 million compared to the prior year [3] - The company has implemented actions leading to $20 million in annualized cost savings, positioning it ahead of schedule to achieve $80 to $100 million in cost savings by the end of 2026 [3] Guidance - Stagwell's 2025 financial guidance includes total net revenue growth of approximately 8%, adjusted EBITDA of $410 million to $460 million, and free cash flow conversion exceeding 45% [6]
JULY HARVARD CAPS / HARRIS POLL: OPINIONS ON "BIG BEAUTIFUL BILL" SPLIT WITH 47% OF VOTERS SUPPORTING IT, BUT MOST POLICIES HAVE MAJORITY SUPPORT WITH MANY POPULAR TAX CUTS
Prnewswire· 2025-07-14 12:29
45% OF VOTERS SAY INFLATION AND AFFORDABILITY IS THE MOST IMPORTANT ISSUE TO THEM PERSONALLY, UP 6 POINTS FROM JUNE 69% OF VOTERS SAY BIDEN'S OPEN BORDER WAS A DELIBERATE POLICY 80% OF VOTERS SUPPORT THE U.S. TAKING ALL ACTIONS NECESSARY TO PREVENT IRAN FROM OBTAINING A NUCLEAR WEAPON NEW YORK and CAMBRIDGE, Mass., July 14, 2025 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today released the results of the July Harvard CAPS / Harris poll, a monthly collaboration between the Center for American Political Studies ...
STAGWELL LAUNCHES STAGWELL MEDIA PLATFORM (SMP), A CENTRALIZED TEAM OF GLOBAL MEDIA, TECHNOLOGY AND DATA INVESTMENT EXPERTS
Prnewswire· 2025-07-09 13:01
Core Insights - Stagwell has launched the Stagwell Media Platform (SMP), a centralized team aimed at enhancing client advantages through optimized media, technology, and data solutions [1][2][3] - Matt Adams has been appointed as Global CEO of SMP, while Marissa Jimenez will serve as Global Chief Trading and Solutions Officer, effective July 14, 2025 [2][4] - The SMP aims to streamline operations across Stagwell agencies and improve efficiency and outcomes for clients by leveraging scale and technology [3][4] Company Structure and Leadership - Matt Adams will continue his role as Global Chief Operating Officer of Assembly Global while leading SMP [2] - Marissa Jimenez brings 20 years of experience from Dentsu US, where she served as EVP, Commercial, and will report to Adams [2] Strategic Objectives - The SMP is designed to enhance collaboration and efficiency across all Stagwell agencies, utilizing partnerships to optimize media and technology investments [3][4] - The platform offers a suite of solutions that aim to reposition and expand business operations in a consolidating, addressable market [5]
Stagwell (STGW) Schedules Webcast to Discuss Financial Results for the Three Months Ended June 30, 2025
Prnewswire· 2025-07-08 12:40
Group 1 - Stagwell (NASDAQ: STGW) will report its financial results for the three months ended June 30, 2025, on July 31, 2025, before market open [1] - A video webcast to review the financial results will be hosted on the same day at 8:30 AM (ET) [1] - A replay of the webcast will be available on Stagwell's website after the event [1] Group 2 - Stagwell is a challenger holding company focused on transforming marketing through scaled creative performance [2] - The company connects culture-moving creativity with leading-edge technology to harmonize the art and science of marketing [2] - Stagwell operates in over 45 countries, driven by a unified purpose to enhance effectiveness and improve business results for clients [2]
Stagwell (STGW) Advances Executive Team with Four Key Appointments
Prnewswire· 2025-07-08 12:30
NEW YORK, July 8, 2025 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the appointments of Ryan Greene as Chief Financial Officer, Frank Lanuto as EVP, Finance, Jason Reid as Chief Strategy Officer and Niels Laurberg as Chief Investment Officer. "These moves strategically advance our executive team and are aimed at building the most effective, efficient and forward-looking leadership group to tackle the industry's behemoths head on," said Mark Pe ...
Assembly Launches 'Assembly Control' to Elevate Brand Safety, Suitability, and Campaign Performance in Programmatic Media
Prnewswire· 2025-07-03 14:00
Core Insights - Assembly Control is a customized platform developed in partnership with a leading ad verification and measurement platform, aimed at enhancing programmatic advertising for clients [1] - The platform addresses inherent risks in programmatic advertising, such as ad misplacement and fraud, while improving campaign performance and accountability [2][3] Company Overview - Assembly is a global omnichannel media agency that integrates data, talent, and technology to drive growth for top brands, supported by a proprietary operating system called STAGE [4] - The agency employs a global team of 2,300 experts across 35 offices, focusing on impactful work and redefining marketing as part of the Stagwell network [4] Programmatic Advertising Insights - Programmatic advertising accounts for over 90% of US digital display ad spend, highlighting its significance and complexity in the digital media landscape [2] - The agency aims for a 75% client adoption rate of Assembly Control globally by the end of 2025, indicating a strong commitment to programmatic leadership [3] Key Features of Assembly Control - The platform offers improved campaign outcomes through strategic inventory selection and reduces brand safety risks across various publishers and environments [5] - It includes tiered controls based on advertisers' safety and suitability approaches, along with a proprietary inclusion list of compliant publishers and sellers [5]
New Duckbill Research Reveals Americans Are Overwhelmed, Out of Time, and Going At it Alone
Prnewswire· 2025-06-18 14:00
Core Insights - A recent survey indicates that over half of adult Americans (55%) feel they are merely "getting through the day" rather than enjoying it, with 75% feeling pressured to be productive even during their free time [2][5] Group 1: Survey Findings - The survey conducted by Duckbill and The Harris Poll highlights that modern life is overwhelming for many Americans, with time scarcity, guilt, and social pressure contributing to a sense of survival rather than enjoyment [3][4] - Significant barriers exist that prevent Americans from seeking help, with only 7% delegating tasks like scheduling doctor's appointments [7][6] - 76% of Americans express a desire to offload at least one life task, yet 44% avoid asking for help due to concerns about burdening others [7][6] Group 2: Demographic Insights - Young women aged 18-34 are particularly affected, with 81% feeling there is always something else they should be doing, and 74% viewing time as a luxury [7][6] - Procrastination regarding healthcare appointments is prevalent, with 31% of young women aged 18-34 admitting to avoiding scheduling these appointments altogether [7][6] Group 3: Company Mission - Duckbill aims to address the growing crisis of overwhelm by providing a support system that combines AI and human assistance to help individuals manage their daily tasks [4][9] - The company emphasizes the importance of normalizing the act of asking for help and leveraging AI to improve quality of life [5][4]
STAGWELL'S (STGW) CONSULUM AND PARTNERS LAUNCH MAYDAN SPORTS: A GLOBAL SPORTS ENGAGEMENT COLLECTIVE DEDICATED TO THE MENA REGION
Prnewswire· 2025-06-18 09:23
Core Insights - Maydan Sports is launched as a global sports engagement collective aimed at enhancing the MENA region's sports presence and reputation [1][2] - The initiative is a collaboration between Consulum and various Stagwell network companies, focusing on maximizing the impact of sports for federations, clubs, public bodies, and brands in the region [1][3] Industry Overview - The MENA region is identified as the fastest-growing sports market globally, hosting significant events such as the FIFA World Cup, Asian Football Cups, and Formula 1 races, positioning it as a hub for sports and innovation [4] - The collective aims to leverage the region's growing sports landscape to create opportunities for various stakeholders, including governments, brands, and local communities [5] Company Details - Consulum is recognized as a leading strategy and communications advisory firm in the MENA region, specializing in enhancing organizations' global standing [8] - Stagwell, the parent company, is described as a challenger holding company focused on transforming marketing through a blend of creativity and technology [6] - The Maydan Sports initiative draws on the expertise of several award-winning agencies within the Stagwell network, including Allison Worldwide, ARound, Assembly, Code and Theory, and Gold Rabbit Sports, each contributing unique capabilities in sports marketing and technology [7][9][10][11][12][13]
Stagwell's (NASDAQ: STGW) PRophet Expands Global Partnership with Hootsuite to Power the Future of Social and Media Intelligence through AI
Prnewswire· 2025-06-17 07:00
Core Insights - PRophet and Hootsuite have expanded their global partnership to enhance social media listening and media intelligence solutions, marking a significant milestone in their collaboration [1][3] - The integration will allow PRophet to incorporate Hootsuite's social listening capabilities into its MIND media intelligence platform, providing clients with a seamless experience across earned and social platforms [2][4] Partnership Details - The partnership includes a global go-to-market agreement to promote and deliver each other's solutions to clients, simplifying procurement and standardizing technology across the Stagwell network [1][3] - Hootsuite will advocate for PRophet as its preferred earned media solution, while PRophet will introduce Hootsuite to its customer base [4] Technology Integration - The integration aims to combine PRophet's AI-driven technology with Hootsuite's social listening capabilities, enhancing insights and data-driven storytelling for communicators [3][4] - The collaboration is expected to benefit hundreds of clients across various industries, including consumer goods, healthcare, financial services, and technology [4] Company Background - PRophet is recognized as a leading provider of media intelligence and social listening tools, with a focus on empowering communications professionals [6][8] - The company has received multiple awards, including PRovoke Media's Innovation SABRE and a Webby Award, highlighting its innovative approach in the industry [8]