STGW Q1 2023 Earnings — Stagwell Inc. Revenue & Financial Results | Market Cap Arena

STGWStagwell Inc.

$1B

Q1 2023 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$622M-3.2% YoY

Gross Profit

$209M33.5% margin

Operating Income

$16M2.6% margin

Net Income

$1M0.2% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

-12.1%

Cash Flow

Operating Cash Flow

-$85M

Free Cash Flow

-$95M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$2.9B

Stockholders' Equity

$487M

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$622M	$643M	-3.2%
Gross Profit	$209M	$231M	-9.7%
Operating Income	$16M	$55M	-70.3%
Net Income	$1M	$13M	-89.0%

Revenue Segments

Creativity and Communications

$261M42%

Digital Transformation

$190M31%

Performance Media and Data

$109M18%

Consumer Insights and Strategy

$61M10%

Geographic Segments

UNITED STATES

$507M81%

Other Geographical Location

$74M12%

UNITED KINGDOM

$41M7%