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AUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 131,339 $ 119,737
Accounts receivable, net 716,415 697,178
Expenditures billable to clients 173,194 114,097
Other current assets 114,200 94,054
Total Current Assets 1,135,148 1,025,066
Fixed assets, net 72,706 77,825
Operating Lease, Right-of-Use Asset 219,400 254,278
Goodwill 1,554,146 1,498,815
Other intangible assets, net 836,783 818,220
Other assets 90,038 92,843
Total Assets 3,908,221 3,767,047
Current Liabilities    
Accounts payable 449,347 414,980
Accrued media 245,883 291,777
Accruals and other liabilities 265,356 233,046
Advance billings 294,609 301,674
Current portion of lease liabilities - operating leases 60,195 65,899
Current portion of deferred acquisition consideration 51,906 66,953
Total Current Liabilities 1,367,296 1,374,329
Long-term debt 1,353,624 1,145,828
Long-term portion of deferred acquisition consideration 50,209 34,105
Long-term lease liabilities - operating leases 245,397 281,307
Deferred tax liabilities, net 47,239 40,509
Other liabilities 59,139 54,905
Total Liabilities 3,122,904 2,930,983
Redeemable Noncontrolling Interests 8,412 10,792
Commitments and Contingencies
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Paid-in capital 343,647 348,494
Retained earnings 11,740 21,148
Accumulated other comprehensive loss (23,773) (13,067)
Stagwell Inc. Shareholders’ Equity 331,731 356,695
Noncontrolling interests 445,174 468,577
Total Shareholders’ Equity 776,905 825,272
Liabilities and Equity, Total 3,908,221 3,767,047
Common Class A and Common Class B    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares 115 118
Common Class C    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares $ 2 $ 2