Stagwell reports record FY22 revenue of $2.7B, doubles buyback to $250M, issues 2023 guidance

Stagwell Inc

FY22 revenue $2.688B (+83% YoY); pro forma organic net revenue growth 14%.
FY22 adjusted EBITDA $451M (20.3% margin); Q4 adjusted EBITDA $123M (21.1% margin).
FY22 adjusted EPS $0.90; Q4 adjusted EPS $0.22; free cash flow $270M.
Doubled stock buyback authorization to $250M; net leverage ratio 2.17x.
2023 guidance: organic net revenue growth 7.5%-10%, adjusted EBITDA $450M-$490M, adjusted EPS $0.90-$1.05.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Stagwell Inc reported the three months and year ended December 31, 2022 results: revenue $708 million, net income $66 million, EPS $0.90. Guidance initiated.

Period: the three months and year ended December 31, 2022
Revenue: $708 million
Net income: $66 million
EPS: $0.90
Guidance: initiated
Result: reported results

Exact text from the filing

– Stagwell Inc. (“Stagwell”) today announced financial results for the three months and year ended December 31, 2022. FOURTH QUARTER AND FULL YEAR HIGHLIGHTS: • Q4 revenue of $708 million, an increase of 16% versus the prior year period; FY22 revenue of $2,688 million, an increase of 83% versus the prior year period • Q4 revenue growth of 16% versus the prior year

View on SEC.gov

Browse all earnings releases →

Stagwell Inc filing history →

Source: SEC EDGAR

accession 0000876883-23-000004

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.