Stagwell

Stagwell, Inc. operates as media and public relations agency. It delivers brands that connect culture-moving creativity with technology to harmonize the art and science of marketing. It operates through the following segments: Integrated Agencies Network, Media Network, Communications Network, All Other, and Corporate. The Integrated Agencies Network segment engages in the organization of go-to-market and collaboration incentive purposes to facilitate integrated and flexible offerings for clients. The Media Network segment consists of a specialist network branded as Stagwell Media Network. The Communications Network segment focuses on a specialist network that provides advocacy, strategic corporate communications, investor relations, public relations, online fundraising and other services to both corporations and political and advocacy organizations and consists of Allison & Partners SKDK (including Sloane & Company), and Targeted Victory Agencies. The All Other segment consists of Stagwell Marketing Cloud products such as PRophet. The Corporate segment includes corporate office expenses. The company was founded in 2015 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Stagwell reports record revenue and strategic investments driving future growth

Stagwell's strong financial performance, strategic investments, and focus on technology underscore its growth trajectory and competitive edge in the marketing sector. With a clear roadmap for future growth, the company aims to exceed long-term growth targets and enhance shareholder value through prudent financial management.

Stagwell meets Q1 expectations, eyes growth amid sector challenges

Stagwell's Q1 performance was solid, meeting revenue expectations and exceeding EBITDA targets through strategic acquisitions and cost-saving measures.
The company's strengths lie in its innovative investments, market recognition, and client wins, positioning it for future growth and competitive advantage.
While facing challenges in sector-specific revenue declines and balancing growth with efficiency, Stagwell has opportunities to leverage client wins, technology investments, and strategic guidance for sustained success.

Stagwell reports resilient Q2 performance, eyes international growth opportunities

Stagwell's Q2 2023 performance showcased resilience and efficiency improvements despite a slight decline in net revenue, with a strong focus on cost optimization and growth strategies.
The company's international and new business segments exhibited promising growth, while cost-saving measures and synergies are enhancing overall financial health.
Challenges persist in revenue growth and market competition, necessitating continued strategic planning and adaptability to seize emerging opportunities.
Stagwell's outlook for the year remains positive, with a clear roadmap to achieve key financial targets and drive sustainable value creation for stakeholders.

Stagwell reports resilient Q3 performance amidst challenges, eyes digital growth

Stagwell's Q3 performance reflects resilience amid industry challenges, with a strong focus on revenue growth and cost efficiencies.
Strategic initiatives, confidence in digital transformation, and proactive portfolio management underscore a forward-looking approach to value creation.
While challenges persist, Stagwell's emphasis on innovation, growth opportunities, and financial discipline sets a positive trajectory for future success.

Stagwell reports robust Q4 earnings, projects growth and cost focus

Stagwell's Q4 2023 earnings call showcased strong financial performance, strategic moves, and cost management efforts. The company's focus on new business wins, partnerships, and technology development contributed to its success. Despite challenges, Stagwell remains optimistic about its growth prospects and outlined key initiatives for 2024.

Stagwell reports robust Q1 growth, eyes international expansion and digital

Stagwell's Q1 performance reflects strong revenue growth, margin improvement, and record net new business figures.
Strategic acquisitions and investments in digital capabilities position the company for international expansion and competitive advantage.
While facing challenges such as market uncertainties and debt reduction goals, Stagwell remains confident in achieving its full-year targets.
Opportunities lie in leveraging digital transformation, expanding international presence, and optimizing operational efficiencies for sustained growth.

Stagwell reports robust Q2 earnings, eyes growth in digital marketing

Stagwell's Q2 2024 earnings call showcased strong financial performance, strategic investments in technology and growth initiatives, and reaffirmed guidance for the full year. The company's emphasis on new business wins, digital transformation, and global expansion positions it for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BIDEN AND TRUMP SOLIDIFY SUPPORT AMONG PARTY BASES AMERICANS ARE UNITED IN THEIR CONCERN ABOUT CHINA  BUT ARE SPLIT ON TIKTOK NEW YORK and CAMBRIDGE, Mass. , March 24, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today released the results of the March Harvard CAPS / Harris Poll, a monthly collaboration between the Center for American Political Studies at Harvard (CAPS) and the Harris Poll and HarrisX.

MARCH HARVARD CAPS / HARRIS POLL: VOTERS ACROSS PARTY LINES SUPPORT GOVERNMENT INTERVENTIONS ON BANKS BUT DON'T FEEL PERSONALLY IMPACTED BY BANKING CRISIS

The average of price targets set by Wall Street analysts indicates a potential upside of 59.1% in Stagwell (STGW). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Stagwell (STGW) Have the Potential to Rally 59.12% as Wall Street Analysts Expect?

The event will feature live demonstrations of brand new AI applications in media relations, disinformation and ESG. NEW YORK and LOS ANGELES , March 16, 2023 /PRNewswire/ -- The USC Annenberg School for Communication and Journalism is hosting an educational forum to discuss how AI is transforming the future of PR and communications.

USC Annenberg School for Communication and Journalism to Host Forum on the Future of AI in Communications for Next-Gen Practitioners with Stagwell Marketing Cloud's PRophet

Report Outlines Trends, Issues and Predictions Shaping the Communications Landscape in 2023, Launches Ahead of Axios' AI & Communication Event Today at SXSW 2023 NEW YORK and AUSTIN, Texas , March 13, 2023 /PRNewswire/ -- Today, Stagwell (NASDAQ: STGW) Marketing Cloud (SMC) released "State of Comms Tech," a new report detailing the trends shaping the evolving technology landscape in the communications field. The launch comes ahead of Axios' AI & Communication: A New Frontier event this evening at SXSW 2023, featuring SMC Comms Tech CEO Aaron Kwittken in discussion with Axios' editorial team on how AI can revolutionize the way communicators work, create content and exchange ideas.

Stagwell (STGW) Marketing Cloud Releases '2023 State of Comms Tech' Report: Comms Pros Need to Become 'Communications Engineers'

NEW YORK , March 9, 2023 /PRNewswire/ -- Stagwell Inc. (Nasdaq: STGW) ("Stagwell" or the "Company"), the challenger network built to transform marketing, today announced the pricing of its previously announced underwritten public offering of an aggregate of 16,000,000 shares of its Class A common stock, par value $0.001 per share (the "Class A Common Stock"), by entities affiliated with The Stagwell Group LLC and Goldman Sachs (collectively, the "Selling Stockholders") at a public offering price of $6.75 per share. The offering is expected to close on or about March 14, 2023, subject to satisfaction of customary closing conditions.

Stagwell (Nasdaq: STGW) Announces Pricing of Secondary Offering of Class A Common Stock

GoGuardian and Instrument Partnered to Create an Equitable Learning Experience Teachers Have Called a "Game Changer" NEW YORK and PORTLAND, Ore. , March 9, 2023 /PRNewswire/ -- Digital learning company GoGuardian has partnered with Instrument, a values-driven digital agency within the Stagwell network, to help them launch Giant Steps, a gamified digital learning experience designed to help K-12 teachers boost student collaboration and independent practice.

Stagwell's (STGW) Instrument Assists the Launch of Giant Steps, Gamified K-12 Digital Learning Experience from GoGuardian

NEW YORK , March 8, 2023 /PRNewswire/ -- Stagwell Inc. (Nasdaq: STGW) ("Stagwell" or the "Company"), the challenger network built to transform marketing, today announced the launch of a public offering of an aggregate of 16,000,000 shares of its Class A common stock, par value $0.001 per share (the "Class A Common Stock"), by entities affiliated with The Stagwell Group LLC and Goldman Sachs (collectively, the "Selling Stockholders"). The Selling Stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 2,400,000 shares of Class A Common Stock.

Stagwell Announces Launch of Secondary Offering of Class A Common Stock

Agency Delivers Full-Service Digital and Brand Services to Create Equitable Learning Experience Teachers Have Called a "Game Changer" NEW YORK and PORTLAND, Ore. , March 6, 2023 /PRNewswire/ -- Instrument, a values-driven digital agency within the Stagwell network, announced in partnership with digital education leader GoGuardian the creation of Giant Steps, a gamified digital learning experience designed to help K-12 teachers boost student collaboration and independent practice.

Stagwell's (STGW) Instrument Launches Giant Steps, Gamified K-12 Learning Platform from GoGuardian

AdTheorent Holding Company Inc

Interpublic Group of Companies

Omnicom Group

WPP Plc Sponsored

We have narrowed our search to five advertising and marketing stocks that have strong potential for 2023. These are: IPG, OMC, WPP, ADTH, and STGW.

Advertisement Spending Likely to Remain Firm in 2023: 5 Picks

The consensus price target hints at a 48.4% upside potential for Stagwell (STGW). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Predict a 48.42% Upside in Stagwell (STGW): Here's What You Should Know

Stagwell Inc. (NASDAQ:STGW ) Q4 2022 Earnings Conference Call March 2, 2023 8:30 AM ET Company Participants Jason Reid – Chief Investment Officer Mark Penn – Chairman and Chief Executive Officer Frank Lanuto – Chief Financial Officer Conference Call Participants Barton Crockett – Rosenblatt Securities Jason Reid Good morning from Stagwell's headquarters at One World Trade Center in New York City, and welcome to Stagwell's Inc.'s earnings webcast for Q4 and full year 2022. My name is Jason Reid, Chief Investment Officer at Stagwell.

Stagwell Inc. (STGW) Q4 2022 Earnings Call Transcript

The marketing firm beat Wall Street forecasts on revenue and earnings.

Why Stagwell Is Jumping Higher Today

FY22 Revenue rises to record $2.7B following sixth-consecutive quarter of double-digit growth; company doubles stock buyback program to $250M FY22 Pro Forma revenue growth of 21%; 16% in Q4 FY22 Pro Forma organic net revenue growth of 14%; 8% in Q4 Adjusted EBITDA of $451M in FY22, a 20.3% margin on net revenue Adjusted EBITDA of $123M in Q4, a 21.1% margin on net revenue FY22 Adjusted net income of $268M; $63M in Q4 FY22 Adjusted EPS of $0.90; $0.22 in Q4 FY22 Free Cash Flow of $270M; $268M in Q4 FY22 Net New Business of $213M; $42M in Q4 Reduced net debt by $47M versus prior year, ending with a net leverage ratio of 2.17x Issues 2023 Organic Net Revenue growth guidance of 7.5%-10% and 10%-14% ex-Advocacy Issues 2023 Adjusted EBITDA guidance of $450M-$490M and Free Cash Flow conversion of 50%-60% NEW YORK , March 2, 2023 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc. ("Stagwell") today announced financial results for the three months and year ended December 31, 2022. FOURTH QUARTER AND FULL YEAR HIGHLIGHTS: Q4 revenue of $708 million, an increase of 16% versus the prior year period; FY22 revenue of $2,688 million, an increase of 83% versus the prior year period Q4 revenue growth of 16% versus the prior year period and 13% ex-Advocacy; Pro Forma FY22 revenue growth of 21% versus the prior year period and 17% ex-Advocacy Q4 net revenue of $583 million, an increase of 12% versus the prior period; FY22 net revenue of $2,222 million, an increase of 75% versus the prior year period Q4 net revenue growth of 12% versus the prior year period and 10% ex-Advocacy; Pro Forma FY22 net revenue growth of 15% versus the prior year period and 13% ex-Advocacy Q4 organic net revenue growth of 8% versus the prior year period and 6% ex-Advocacy; Pro Forma FY22 organic net revenue growth of 14% versus the prior year period and 12% ex-Advocacy Q4 Adjusted EBITDA of $123 million, an increase of 19% versus the prior year period; FY22 Adjusted EBITDA of $451 million, an increase of 78% versus the prior year period Q4 Adjusted EBITDA growth of 19% versus the prior period and 10% ex-Advocacy; Pro Forma FY22 Adjusted EBITDA growth of 19% versus the prior period and 12% ex-Advocacy Q4 Adjusted EBITDA Margin of 21.1% on net revenue; FY22 Adjusted EBITDA Margin of 20.3% on net revenue Q4 net loss of $28 million versus net income of $5 million in the prior year period; FY22 net income of $66 million versus $36 million in the prior year period Q4 net loss attributable to Stagwell Inc. common shareholders of $6 million versus net income of $1 million in the prior year period; FY22 net income attributable to Stagwell Inc. common shareholders of $27 million versus $21 million in the prior year period Q4 Adjusted net income of $63 million; FY22 Adjusted net income of $268 million Q4 Adjusted earnings per share for Stagwell Inc. common shareholders of $0.22; FY22 Adjusted earnings per share of $0.90 Q4 net new business of $42 million; FY22 net new business of $213 million "Stagwell closed out 2022 with industry-leading double-digit growth, strong margin expansion, record free cash flow, record earnings per share, and a net debt ratio significantly below our target.

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE MONTHS AND YEAR ENDED DECEMBER 31, 2022

NEW YORK , Feb. 27, 2023 /PRNewswire/ -- Stagwell Inc. (the "Company") (NASDAQ: STGW) announced today the grant of equity inducement awards of Class A common stock. Effective February 23, 2023, the Company granted 44,562 shares of restricted stock to five new employees.

Stagwell (STGW) Inc. Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NEW YORK , Feb. 22, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today expanded its digital transformation and engineering network Code and Theory with the addition of Silicon Valley-born digital product and design agency YML (Y Media Labs). The Code and Theory Network now includes six agencies: flagship shop Code and Theory, Kettle, Mediacurrent, Rhythm, Truelogic, and YML.

Stagwell's (STGW) Code and Theory Network Expands Its Digital Transformation and Engineering Globally with Addition of YML

Concentric Health Experience and Scout bring 20+ years of marketing experience to the next evolution of the health agency model. NEW YORK , Feb. 16, 2023 /PRNewswire/ -- Concentric Health Experience and Scout announced today that the two agencies are coming together to form ConcentricLife, a unique "common-center" agency model built to help brands answer rising consumer demands in rare disease, health and wellness.

STAGWELL'S (STGW) CONCENTRICLIFE LAUNCHES TO ADDRESS THE RISING DEMANDS IN HEALTH MARKETING

National Research Group Survey on Brand Fandom Unpacks the Anatomy of a Fan NEW YORK and PHOENIX , Feb. 13, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW) agencies Anomaly and 72andSunny flexed their creative chops at Super Bowl LVII for clients Bud Light, Diageo, Dunkin', and the National Football League. The work represents 10% of advertising spots, more than any other global marketing services network, and some of the best-reviewed campaigns – including three of the top 10 highest-rated commercials in the USA TODAY Ad Meter.

Stagwell's (STGW) 72andSunny, Allison+Partners, Anomaly Steer Big Game Transformations for Bud Light, Dexcom, Diageo, Dunkin', the NFL and United Airlines

Assembly will partner with T. Rowe Price to deliver a refreshed brand and an enhanced connected customer experience.

STAGWELL (STGW) GLOBAL OMNICHANNEL MEDIA AGENCY ASSEMBLY IS NAMED U.S. MEDIA AGENCY OF RECORD FOR T. ROWE PRICE

Launched in 2020, the Program is Built to Serve Organizations Supporting Black and Systemically Excluded Communities NEW YORK and PORTLAND, Ore. , Feb. 8, 2023 /PRNewswire/ -- Instrument, a leading digital agency within Stagwell (NASDAQ: STGW), opened applications today for its Build.

Stagwell's (STGW) Instrument Opens Applications to Build. Grow. Serve.

Insights Rooted in New Whitepaper from NRG, "Building Brand Fandom at the Super Bowl" NEW YORK and PHOENIX , Feb. 8, 2023 /PRNewswire/ -- Research from Stagwell's (NASDAQ: STGW) National Research Group (NRG), a global insights leader at the intersection of technology, content, and culture, proves the value for brand activation at major sporting events like the Super Bowl in its newest whitepaper, "Building Brand Fandom at the Super Bowl." In the report, NRG outlines "the anatomy of a fan" by analyzing Super Bowl fans and non-Super Bowl fans' responses to questions around their excitement for the game, the advertisements, viewing habits, social media consumption, perceptions of the brands involved, and more.

Super Bowl, Super Fans: New Report From Stagwell's (STGW) National Research Group Unpacks the Anatomy of a Fan and the Value for Brands at Major Sporting Events

Industry Veteran Joins Growth Team Led by Global CMO Ryan Linder NEW YORK and LONDON , Feb. 7, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has appointed Helen Lafford as senior vice president, chief growth officer for the United Kingdom (U.K.) and Europe. Based in London, Helen will help shepherd international growth for the network, with the goal to spearhead cross-agency new business development in the region.

Stagwell (STGW) Taps Helen Lafford to Expand International Presence as Chief Growth Officer for the United Kingdom and Europe

– Former CCO of the Virgin Group brings decades of communications experience and expertise to lead Stagwell's Risk & Reputation practice; joins Sloane as Senior Managing Director – NEW YORK , Feb. 3, 2023 /PRNewswire/ -- Stagwell  (NASDAQ: STGW), the challenger network built to transform marketing, and Sloane & Company  ("Sloane"), a Stagwell company and an industry leader at the forefront of corporate and financial communications, have appointed Nick Fox as Stagwell's new head of the company's recently launched Risk and Reputation Unit . In his combined role at both companies, Fox will serve as senior managing director for Sloane.

Stagwell (STGW), Sloane & Company Hire Former Virgin Group Communications Veteran Nick Fox to Lead Risk and Reputation Unit

NEW YORK , Feb. 2, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW) announced today the Company will report financial results for the three and twelve months ended Dec. 31, 2022, on Thursday, March 2, 2023, before the market open. Stagwell will host a video webcast to review those results the same day at 8:30 AM (ET).

Stagwell Schedules Conference Call to Discuss Financial Results for the Three Months and Twelve Months Ended Dec. 31, 2022

NEW YORK and BANGKOK , Jan. 25, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, announced the addition of CJ Worx, Thailand's most-awarded independent advertising agency, to its Global Affiliate Network, as it builds on investments made in Asia-Pacific in 2022.  Stagwell boosts its presence in Thailand and Southeast Asia with new Global Affiliate Network agency partner CJ Worx.

Stagwell (STGW) Adds CJ Worx, Thailand's Most Awarded Independent Advertising Agency, to Global Affiliate Network

NEW YORK , Jan. 24, 2023 /PRNewswire/ -- Stagwell Technologies today announced the appointment of Jason Brandt as Managing Partner, Commercial.  Brandt – a global leader in innovating digital experiences through bridging creative technology and business requirements – will join the leadership team alongside Peter Corsell to drive a renewed focus on scaling Stagwell Tech's vision for enabling enterprise growth through technology.

News for Stagwell Stock (STGW)