STGW Q1 2024 Earnings — Stagwell Inc. Revenue & Financial Results | Market Cap Arena

STGWStagwell Inc.

$1B

Q1 2024 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$670M+7.6% YoY

Gross Profit

$226M33.7% margin

Operating Income

$26M3.9% margin

Net Income

-$1M-0.2% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

-$53M

Free Cash Flow

-$67M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$3.0B

Stockholders' Equity

$338M

Cash & Equivalents

$130M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$670M	$622M	+7.6%
Gross Profit	$226M	$209M	+8.1%
Operating Income	$26M	$16M	+59.3%
Net Income	-$1M	$1M	-192.3%

Revenue Segments

Creativity and Communications

$292M44%

Digital Transformation

$196M29%

Performance Media and Data

$77M11%

Stagwell Marketing Cloud Group

$60M9%

Consumer Insights and Strategy

$46M7%

Geographic Segments

UNITED STATES

$561M84%

Other Geographical Location

$71M11%

UNITED KINGDOM

$38M6%