NEW YORK, March 10, 2025 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today celebrates four of its agencies recognized in Ad Age's 2025 Agency A-List: 72andSunny, Anomaly, Code and Theory and GALE.The Agency A-List is an annual ranking of the top agencies, companies, and innovators, honoring the best work and brightest ideas in advertising, marketing and the expanding innovation landscape. Four Stagwell (STGW) Agencies – 72andSunny, Anomaly, Code and Theor ...

The technology and creative network is recognized for its transformational work for Amazon Ads, Qualcomm, Thomson Reuters and Volvo Trucks NEW YORK, March 10, 2025 /PRNewswire/ -- Code and Theory, part of Stagwell (NASDAQ: STGW), has been named Ad Age's inaugural Business-to-Business Agency of the Year. The only technology and creative network with a balance of 50% creative and 50% engineers, Code and Theory leads the charge in redefining B2B customer experiences, demystifying martech stacks and creating re ...

Leading applied AI capabilities drove double-digit revenue growth for the Stagwell (STGW) firm in 2024 and transformative experiences for Qualcomm, Google, and HasbroLOS ANGELES, March 6, 2025 /PRNewswire/ -- Left Field Labs, a pioneering creative technology agency within Stagwell (NASDAQ: STGW), marks its 17th anniversary with record 2024 revenue growth driven by a surge in demand for expertise in AI implementation and digital transformation among Fortune 100 clients. Left Field Labs marks 17 years of b ...

Core Insights - NRG has appointed Fotoulla Damaskos as the first Chief Client Strategist to enhance its strategic partnership with brands and media companies [1][2][3] Company Strategy - The new role aims to accelerate creativity, consultation, and strategic thinking, positioning NRG as a vital partner for brands navigating a fragmented media landscape [3][4] - Damaskos will leverage consumer insights to create competitive advantages for clients, focusing on brand positioning and the impact of the creator economy [4][5] Leadership Background - Fotoulla Damaskos has a strong track record with clients like Snapchat, Expedia, and Amazon Prime Video, and has recently contributed to securing global creative campaigns for Adobe [3][4] Industry Context - The media and advertising landscape is becoming increasingly fragmented, necessitating a shift from mere data provision to offering actionable strategic insights [3][5] - NRG aims to evolve as a strategic growth partner that not only measures success but actively contributes to creating it [5]

NEW YORK, March 4, 2025 /PRNewswire/ -- Stagwell (NASDAQ: STGW) will be hosting a virtual investor day on April 2, 2025 beginning at 10:00 AM ET. Visit this link to register.   The virtual event will feature presentations from Mark Penn, Chairman & CEO of Stagwell, Frank Lanuto, Chief Financial Officer, and many additional business leaders about Stagwell's strategic and financial outlook for 2025 and beyond. A recording of the presentation will be available after the event on Stagwell's website, www.stagwel ...

Ben Allanson Good morning from Stagwell's offices in Florida. Welcome to Stagwell Inc.'s Fourth Quarter and Full Year 2024 Earnings Webcast. My name is Ben Allanson and I lead the Investor Relations function here at Stagwell. With me today are Mark Penn, Stagwell's Chairman and Chief Executive Officer; and Frank Lanuto, the Chief Financial Officer. Mark will provide a business update and Frank will share our financial review. After the prepared remarks, we will open the floor for Q&A. You are welcome to sub ...

Fourth Quarter and Full Year 2024 EARNINGS PRESENTATION February 27 | 2025 FORWARD LOOKING STATEMENTS & OTHER INFORMATION This document contains forward-looking statements. within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company's representatives may also make forward-looking statements orally or in writing from time to time. Statements in this document that are no ...

Stagwell (STGW) Q4 2024 Earnings Call February 28, 2025 08:17 AM ET Company Participants Ben Allanson - Director of Investor RelationsMark Penn - Chairman & CEOFrank Lanuto - CFO Ben Allanson Good morning from Stagwell's offices in Florida. Welcome to Stagwell Inc. Fourth Quarter and Full Year twenty twenty four Earnings Webcast. My name is Ben Allinson, and I lead the Investor Relations function here at Stagwell. With me today are Mark Penn, Stagwell's Chairman and Chief Executive Officer and Frank Lanuta, ...

Financial Performance - Q4 revenue reached $789 million, a 20% increase year-over-year; full year revenue totaled $2.8 billion, up 12% from the previous year[6] - Q4 net income attributable to common shareholders was $3 million, compared to $1 million in the prior year; full year net income was $2 million, up from $0.1 million[6] - Adjusted EBITDA for Q4 was $123 million, a 30% increase year-over-year, with an adjusted EBITDA margin of 20%[6] - Organic net revenue growth for Q4 was 10%, while full year organic net revenue increased by 5%[6] - The company reported net new business of $102 million in Q4, with a last twelve-month (LTM) net new business total of $382 million[6] - Revenue for the three months ended December 31, 2024, was $788.7 million, a 20.4% increase from $654.9 million in the same period of 2023[31] - Operating income for the three months ended December 31, 2024, was $43.5 million, compared to $19.3 million in the same period of 2023, representing a 125.5% increase[31] - Net income attributable to Stagwell Inc. common shareholders for the three months ended December 31, 2024, was $3.2 million, up from $1.3 million in the same period of 2023[31] - For the year ended December 31, 2024, total revenue reached $2.84 billion, an increase of 12.4% from $2.53 billion in 2023[31] - Adjusted EBITDA for the year ended December 31, 2024, was $410.8 million, compared to $279.0 million in 2023, reflecting a 47.2% increase[41] - Total net revenue for the year ended December 31, 2023, was $2,152,454,000, representing a significant increase compared to the previous year[50] - Adjusted EBITDA for the year was $360,139,000, reflecting a strong operational performance across segments[50] - Operating income for the year was $90,527,000, indicating a positive trend in profitability despite challenges in certain areas[50] - For the three months ended December 31, 2023, net revenue reached $551,066,000, showcasing robust quarterly performance[46] Future Guidance - Guidance for 2025 includes total net revenue growth of approximately 8% and adjusted EBITDA between $410 million and $460 million[12] - Free cash flow conversion is expected to exceed 45% in 2025[12] - Adjusted EPS for 2025 is projected to be between $0.75 and $0.88[12] Segment Performance - The Integrated Agencies segment reported net revenue of $334.4 million for the three months ended December 31, 2024, a 9.1% increase from the previous year[34] - The Communications Network segment saw a significant increase in net revenue, reaching $107.7 million, a 34.7% increase year-over-year[34] Shareholder Information - The company reported a basic earnings per share of $0.03 for the three months ended December 31, 2024, compared to $0.01 in the same period of 2023[31] - The company reported a diluted EPS of $0.24 for the three months ended December 31, 2024, after adjustments[55] - The company experienced a net income attributable to common shareholders of $25,461,000 for the three months ended December 31, 2024, after adjustments[55] Expenses and Costs - Total operating expenses for the year ended December 31, 2024, were $2.71 billion, up from $2.44 billion in 2023, marking a 11.1% increase[31] - Staff costs for the year totaled $1,389,168,000, highlighting the company's investment in human resources[50] - Administrative costs for the year were $259,780,000, reflecting the company's operational expenditures[50] - Billable costs for the year amounted to $374,723,000, indicating the costs associated with revenue-generating activities[50] - The company incurred stock-based compensation expenses of $57,179,000 for the year[65] Cash Flow and Assets - The company experienced a net cash provided by operating activities of $142,859,000 for the year, compared to $81,007,000 in the previous year[70] - Cash and cash equivalents at the end of the period were $131,339,000, up from $119,737,000[70] - Total assets as of December 31, 2023, amounted to $3,908,221,000, an increase from $3,767,047,000 in the previous year[68] - The total current assets increased to $1,135,148,000 from $1,025,066,000 year-over-year[68] Liabilities and Debt - Stagwell Inc. reported total liabilities of $3,122,904,000 as of December 31, 2023, compared to $2,930,983,000 in the prior year[68] - The company had a long-term debt of $1,353,624,000 as of December 31, 2023, compared to $1,145,828,000 in the previous year[68] Management and Strategy - Stagwell plans to host an Investor Day on April 2, 2025, to discuss future strategies and performance[3] - The company made changes to its internal management and reporting structure in Q1 2024, affecting its reportable segments[46] - The weighted average number of shares outstanding increased to 280,770, resulting in an adjusted diluted EPS of $0.57 for the year[65] - The company reported a gain on the sale of business of $94,505,000, which was included in the adjustments to net income[65]

Core Insights - Stagwell Inc. reported a Q4 revenue of $789 million, reflecting a 20% year-over-year growth, and a full-year revenue of $2.8 billion, up 12% from the previous year [4][19] - The company achieved a Q4 net income of $3 million, compared to $1 million in the same period last year, and a full-year net income of $2 million, up from $0.1 million [4][19] - Adjusted EBITDA for Q4 was $123 million, representing a 30% increase year-over-year, with an adjusted EBITDA margin of 20% [4][5] - Stagwell introduced guidance for 2025, projecting total net revenue growth of approximately 8%, adjusted EBITDA between $410 million and $460 million, and free cash flow conversion exceeding 45% [10][6] Financial Performance - Q4 net revenue reached $630 million, a 14% increase year-over-year, while full-year net revenue was $2.3 billion, up 7% [4][19] - Organic net revenue growth for Q4 was 10%, with a full-year organic net revenue increase of 5% [4][19] - The company reported a Q4 adjusted EPS of $0.24, compared to $0.12 in the prior year, and a full-year adjusted EPS of $0.77, up from $0.57 [4][19] Business Development - Stagwell achieved net new business of $102 million in Q4, with a last twelve-month (LTM) net new business total of $382 million [4][19] - The company has experienced eight consecutive quarters of record LTM net new business [4] Strategic Outlook - Mark Penn, Chairman and CEO, emphasized that 2024 was a breakthrough year for Stagwell, highlighting rapid growth in digital transformation and strategic investments to enhance capabilities and geographical reach [4][5] - The company plans to host an Investor Day on April 2, 2025, to discuss future strategies and performance [6]