STGW Q2 2024 Earnings — Stagwell Inc. Revenue & Financial Results | Market Cap Arena

STGWStagwell Inc.

$1B

Q2 2024 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$671M+6.2% YoY

Gross Profit

$232M34.6% margin

Operating Income

$22M3.3% margin

Net Income

-$3M-0.4% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+0.2%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$23M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$3.1B

Stockholders' Equity

$292M

Cash & Equivalents

$136M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$671M	$632M	+6.2%
Gross Profit	$232M	$230M	+1.1%
Operating Income	$22M	$21M	+3.0%
Net Income	-$3M	-$3M	+7.2%

Revenue Segments

Creativity and Communications

$317M47%

Digital Transformation

$163M24%

Performance Media and Data

$78M12%

Stagwell Marketing Cloud Group

$65M10%

Consumer Insights and Strategy

$48M7%

Geographic Segments

UNITED STATES

$551M82%

Other Geographical Location

$80M12%

UNITED KINGDOM

$41M6%