STGWStagwell Inc.

$1B

Q2 2023 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$632M-6.0% YoY

Gross Profit

$230M36.4% margin

Operating Income

$21M3.4% margin

Net Income

-$3M-0.5% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

-$59M

Free Cash Flow

-$67M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$3.1B

Stockholders' Equity

$324M

Cash & Equivalents

$105M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$632M	$673M	-6.0%
Gross Profit	$230M	$248M	-7.4%
Operating Income	$21M	$48M	-56.0%
Net Income	-$3M	$10M	-130.5%

Revenue Segments

Creativity and Communications

$288M46%

Digital Transformation

$168M27%

Performance Media and Data

$116M18%

Consumer Insights and Strategy

$61M10%

Geographic Segments

UNITED STATES

$505M80%

Other Geographical Location

$79M12%

UNITED KINGDOM

$48M8%

STGW Q2 2023 Earnings — Stagwell Inc. Revenue & Financial Results | Market Cap Arena