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Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

			Three Months Ended June 30,												Six Months Ended June 30,
			2024						2023						2024						2023
			(dollars in thousands)
Revenue:
Integrated Agencies Network			$	385,133					$	365,635					$	737,852					$	706,840
Brand Performance Network			177,245						176,733						391,207						378,661
Communications Network			105,570						81,297						199,316						147,756
All Other			3,220						8,600						12,852						21,452
Total Revenue			$	671,168					$	632,265					$	1,341,227					$	1,254,709
Adjusted EBITDA:
Integrated Agencies Network			$	67,995					$	75,106					$	128,103					$	134,965
Brand Performance Network			17,706						20,481						45,200						43,429
Communications Network			22,173						14,448						41,557						18,460
All Other			(3,149)						(2,356)						(7,135)						(6,161)
Corporate			(18,622)						(16,511)						(31,306)						(27,303)
Total Adjusted EBITDA			$	86,103					$	91,168					$	176,419					$	163,390
Depreciation and amortization			$	(42,001)					$	(35,488)					$	(76,837)					$	(68,965)
Impairment and other losses			(215)						(10,562)						(1,715)						(10,562)
Stock-based compensation			(5,875)						(10,546)						(21,991)						(22,550)
Deferred acquisition consideration			(7,236)						(392)						(7,390)						(4,480)
Other items, net			(8,869)						(12,918)						(20,725)						(19,338)
Total Operating Income			$	21,907					$	21,262					$	47,761					$	37,495
Other Income (expenses):
Interest expense, net			$	(23,533)					$	(23,680)					$	(44,498)					$	(41,869)
Foreign exchange, net			(1,355)						(1,478)						(3,613)						(2,148)
Other, net			193						(416)						(1,074)						(196)
Loss before income taxes and equity in earnings of non-consolidated affiliates			(2,788)						(4,312)						(1,424)						(6,718)
Income tax expense			1,165						437						3,750						673
Loss before equity in earnings of non-consolidated affiliates			(3,953)						(4,749)						(5,174)						(7,391)
Equity in income (loss) of non-consolidated affiliates			(1)						(216)						507						(443)
Net loss			(3,954)						(4,965)						(4,667)						(7,834)
Net loss attributable to noncontrolling and redeemable noncontrolling interests			989						1,771						420						6,029
Net loss attributable to Stagwell Inc. common shareholders			$	(2,965)					$	(3,194)					$	(4,247)					$	(1,805)

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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