Earnings Per Share

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Earnings Per Share

5. Loss Per Share

The following table presents the computations of basic and diluted loss per common share for the three months ended March 31, 2025 (amounts in thousands, except per share amounts):

	Three Months Ended March 31,
	2025
Loss Per Share - Basic
Numerator:
Net loss	$	(5,325)
Net loss attributable to Class C shareholders	6,637
Net income attributable to other equity interest holders	(4,229)
Net loss attributable to noncontrolling and redeemable noncontrolling interests	$	2,408
Net loss attributable to Stagwell Inc. common shareholders	$	(2,917)
Denominator:
Weighted Average number of common shares outstanding	112,088
Loss Per Share - Basic	$	(0.03)
Loss Per Share - Diluted
Numerator:
Net loss attributable to Stagwell Inc. common shareholders	$	(2,917)
Net loss attributable to Class C shareholders	(6,637)
	$	(9,554)
Denominator:
Basic - Weighted Average number of common shares outstanding	112,088
Dilutive shares:
Class C Shares	151,649
Diluted - Weighted average number of common shares outstanding	263,737
Loss Per Share - Diluted	$	(0.04)
Anti-dilutive:
Class A Shares to settle deferred acquisition obligations	7,125
Stock Appreciation Rights and Restricted Awards	6,472
Employee Stock Purchase Plan shares	58

The following table presents the computations of basic and diluted loss per common share for the three months ended March 31, 2024 (amounts in thousands, except per share amounts):

	Three Months Ended March 31,
	2024
Loss Per Share - Basic
Numerator:
Net loss	$	(713)
Net loss attributable to Class C shareholders	1,047
Net income attributable to other equity interest holders	(1,616)
Net income attributable to noncontrolling and redeemable noncontrolling interests	(569)
Net loss attributable to Stagwell Inc. common shareholders	$	(1,282)
Denominator:
Weighted Average number of common shares outstanding	112,633
Loss Per Share - Basic	$	(0.01)
Loss Per Share - Diluted
Numerator:
Net loss attributable to Stagwell Inc. common shareholders	$	(1,282)
Adjustment to net loss:
Fair value adjustment for deferred acquisition obligations (net of income tax expense)	(224)
	$	(1,506)
Denominator:
Basic - Weighted Average number of common shares outstanding	112,633
Dilutive shares:
Class A Shares to settle deferred acquisition obligations	3,772
Diluted - Weighted average number of common shares outstanding	116,405
Loss Per Share - Diluted	$	(0.01)
Anti-dilutive:
Class C Shares	151,649
Stock Appreciation Rights and Restricted Awards	4,531
Employee Stock Purchase Plan shares	49

Restricted stock awards of 4.8 million and 4.6 million as of March 31, 2025, and 2024, respectively, were excluded from the computation of diluted loss per common share because the performance contingencies necessary for vesting were not met as of the reporting date.