STGW Q4 2023 Earnings — Stagwell Inc. Revenue & Financial Results | Market Cap Arena

STGWStagwell Inc.

$1B

Q4 2023 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$651M-8.1% YoY

Gross Profit

$196M30.1% margin

Operating Income

$18M2.8% margin

Net Income

$1M0.2% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$209M

Free Cash Flow

$207M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.9B

Stockholders' Equity

$357M

Cash & Equivalents

$120M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$651M	$708M	-8.1%
Gross Profit	$196M	$288M	-32.1%
Operating Income	$18M	-$14M	+231.4%
Net Income	$1M	-$6M	+119.9%

Revenue Segments

Creativity and Communications

$311M47%

Stagwell Marketing Cloud Group

$179M27%

Digital Transformation

$137M21%

Consumer Insights and Strategy

$31M5%

Geographic Segments

UNITED STATES

$537M82%

Other Geographical Location

$85M13%

UNITED KINGDOM

$33M5%