Stagwell (STGW) Releases Annual Report for 2024: A Breakthrough Year that Reestablished the Challenger Network as the Fastest Growing Business in the Industry
Stagwell (NASDAQ: STGW) has released its 2024 Annual Report, showcasing a year of significant growth and achievements. The company reported record-breaking new business wins generating $382 million in net revenue for FY24, with Q4 achieving $102 million in Net New Business, marking an 85% YoY increase.
Key highlights include: Digital transformation acceleration with digital accounting for 57% of FY24 net revenue and Stagwell Marketing Cloud growing 19%. The company expanded globally through 11 strategic acquisitions, strengthening its presence in MENA and APAC regions, while launching new hubs in London and Toronto.
Major client expansions with Starbucks, Target, and Visa demonstrated the network's capability to secure larger mandates. The company aims to achieve $5 billion in annual revenue by 2029, positioning itself as the fastest-growing major advertising network globally, now operating across 45+ countries.
Stagwell (NASDAQ: STGW) ha pubblicato il suo Rapporto Annuale 2024, evidenziando un anno di crescita significativa e risultati importanti. L'azienda ha registrato nuovi contratti record che hanno generato 382 milioni di dollari di ricavi netti per l'anno fiscale 24, con il quarto trimestre che ha raggiunto 102 milioni di dollari in Nuovi Ricavi Netti, segnando un aumento dell'85% rispetto all'anno precedente.
I punti salienti includono: un'accelerazione nella trasformazione digitale, con il digitale che rappresenta il 57% dei ricavi netti del FY24 e Stagwell Marketing Cloud in crescita del 19%. L'azienda si è espansa a livello globale attraverso 11 acquisizioni strategiche, rafforzando la sua presenza nelle regioni MENA e APAC, e ha aperto nuovi hub a Londra e Toronto.
Importanti ampliamenti con clienti come Starbucks, Target e Visa hanno dimostrato la capacità del network di assicurarsi incarichi di maggiori dimensioni. L'azienda punta a raggiungere 5 miliardi di dollari di ricavi annui entro il 2029, posizionandosi come la rete pubblicitaria maggiore in più rapida crescita a livello globale, ora presente in oltre 45 paesi.
Stagwell (NASDAQ: STGW) ha publicado su Informe Anual 2024, mostrando un año de crecimiento significativo y logros destacados. La compañía reportó ganancias récord en nuevos negocios que generaron 382 millones de dólares en ingresos netos para el año fiscal 24, con el cuarto trimestre alcanzando 102 millones en Nuevos Ingresos Netos, lo que representa un aumento del 85% interanual.
Los aspectos clave incluyen: aceleración en la transformación digital, con lo digital representando el 57% de los ingresos netos del FY24 y Stagwell Marketing Cloud creciendo un 19%. La empresa se expandió globalmente mediante 11 adquisiciones estratégicas, fortaleciendo su presencia en las regiones MENA y APAC, y lanzó nuevos centros en Londres y Toronto.
Importantes expansiones con clientes como Starbucks, Target y Visa demostraron la capacidad de la red para asegurar mandatos mayores. La compañía aspira a alcanzar 5 mil millones de dólares en ingresos anuales para 2029, posicionándose como la red publicitaria mayor de más rápido crecimiento a nivel mundial, operando ahora en más de 45 países.
Stagwell (NASDAQ: STGW)는 2024년 연례 보고서를 발표하며 의미 있는 성장과 성과를 기록한 한 해를 선보였습니다. 회사는 FY24에 3억 8,200만 달러의 순수익을 창출한 신규 사업 수주 기록을 보고했으며, 4분기에는 1억 200만 달러의 순 신규 사업 수익을 달성해 전년 동기 대비 85% 증가를 기록했습니다.
주요 내용으로는 디지털 전환 가속화가 포함되며, 디지털 부문이 FY24 순수익의 57%를 차지했고 Stagwell Marketing Cloud는 19% 성장했습니다. 회사는 11건의 전략적 인수를 통해 글로벌 확장을 이루었으며, MENA 및 APAC 지역에서 입지를 강화하고 런던과 토론토에 새로운 허브를 개설했습니다.
스타벅스, 타겟, 비자와 같은 주요 고객과의 대규모 계약 확장은 네트워크가 더 큰 프로젝트를 확보할 수 있는 역량을 입증했습니다. 회사는 2029년까지 연간 매출 50억 달러 달성을 목표로 하며, 현재 45개국 이상에서 운영되는 세계에서 가장 빠르게 성장하는 주요 광고 네트워크로 자리매김하고 있습니다.
Stagwell (NASDAQ : STGW) a publié son rapport annuel 2024, mettant en lumière une année de croissance significative et de réalisations majeures. La société a annoncé des gains records en nouveaux contrats générant 382 millions de dollars de revenus nets pour l'exercice 24, avec un quatrième trimestre atteignant 102 millions de dollars en nouveaux revenus nets, soit une augmentation de 85 % en glissement annuel.
Les points clés incluent : une accélération de la transformation digitale, le digital représentant 57 % des revenus nets de l'exercice 24, et une croissance de 19 % pour Stagwell Marketing Cloud. L'entreprise s'est développée à l'international grâce à 11 acquisitions stratégiques, renforçant sa présence dans les régions MENA et APAC, tout en lançant de nouveaux hubs à Londres et Toronto.
Les importantes expansions avec des clients tels que Starbucks, Target et Visa ont démontré la capacité du réseau à obtenir des mandats plus importants. La société vise à atteindre 5 milliards de dollars de revenus annuels d'ici 2029, se positionnant comme le réseau publicitaire majeur à la croissance la plus rapide au monde, opérant désormais dans plus de 45 pays.
Stagwell (NASDAQ: STGW) hat seinen Jahresbericht 2024 veröffentlicht und ein Jahr mit erheblichen Wachstums- und Erfolgserlebnissen präsentiert. Das Unternehmen meldete rekordverdächtige Neugeschäftsabschlüsse, die im Geschäftsjahr 24 einen Nettoumsatz von 382 Millionen US-Dollar generierten. Im vierten Quartal wurden 102 Millionen US-Dollar an Nettoneugeschäft erzielt, was einer Steigerung von 85 % im Jahresvergleich entspricht.
Zu den wichtigsten Highlights zählen: die Beschleunigung der digitalen Transformation, wobei der digitale Bereich 57 % des Nettoumsatzes im Geschäftsjahr 24 ausmacht, und ein Wachstum von 19 % bei Stagwell Marketing Cloud. Das Unternehmen expandierte global durch 11 strategische Akquisitionen, stärkte seine Präsenz in den Regionen MENA und APAC und eröffnete neue Standorte in London und Toronto.
Wesentliche Kundenerweiterungen bei Starbucks, Target und Visa zeigten die Fähigkeit des Netzwerks, größere Aufträge zu gewinnen. Das Unternehmen strebt an, bis 2029 5 Milliarden US-Dollar Jahresumsatz zu erreichen und positioniert sich als das weltweit am schnellsten wachsende große Werbenetzwerk, das nun in über 45 Ländern tätig ist.
- Record new business wins: $382M in FY24 net revenue, Q4 at $102M (+85% YoY)
- Digital revenue represents 57% of total net revenue
- Stagwell Marketing Cloud grew 19% in 2024
- Strategic expansion through 11 acquisitions
- Major client portfolio expansion with Starbucks, Target, and Visa
- Strong advocacy growth during U.S. election cycle
- None.
Insights
Stagwell reports strong business momentum with digital growth, 11 acquisitions, and a $5B revenue target by 2029, showing solid execution.
Stagwell's 2024 annual report showcases impressive business momentum across key metrics. The company generated
Digital transformation emerges as a primary growth driver, with digital services accounting for
The company's expansion strategy materialized through 11 strategic acquisitions in 2024, enhancing their geographical footprint particularly in MENA and APAC regions while adding specialized capabilities in social, experiential, and multicultural marketing. These targeted acquisitions strengthen Stagwell's competitive positioning in high-growth markets and service areas.
Management has articulated a clear long-term vision, targeting
Stagwell's digital-first challenger strategy delivers results through expanded capabilities, geographic growth, and technology investments across 45+ countries.
Stagwell's positioning as the "fastest-growing major advertising network" reflects its strategic focus on challenging traditional holding companies through a digital-first approach that's gaining significant traction based on their new business momentum and client expansions.
The company's digital transformation focus is particularly noteworthy, with Code and Theory Network driving transformational client work through integrated engineering and creative capabilities. This combination addresses the evolving needs of modern marketers requiring both technical implementation and brand storytelling expertise - a key differentiator in today's market.
Their global expansion strategy shows disciplined execution with newly established hubs in London and Toronto enhancing cross-agency collaboration, while strategic footprint expansion across 45+ countries demonstrates commitment to building truly global capabilities. This structured growth enables them to serve multinational clients more effectively while accessing high-growth regional markets.
The acquisitions completed in 2024 reveal a pattern of targeted capability enhancement rather than mere consolidation. Additions like UNICEPTA and BERA strengthen their marketing technology stack, while acquisitions like Team Epiphany and Luxine Relations bolster specialized marketing disciplines that clients increasingly demand.
Stagwell's emphasis on advocacy services represents a strategic differentiator in their business mix, providing valuable diversification from traditional marketing services. The strong advocacy performance during the 2024 election cycle validates this strategic focus and highlights the advantage of maintaining specialized political marketing capabilities alongside commercial services.
In tandem with the Annual Report, Stagwell released a showcase of impactful work from its agencies and products, including innovative experiences and projects for Google, Lenovo, Mastercard, Qualcomm, Salesforce, Target, Visa and many more.
"I founded Stagwell in 2015 to serve as a digital-first challenger to the old, bureaucratic advertising holding companies," shared Stagwell Chairman and CEO Mark Penn. "Today, Stagwell is the fastest-growing major advertising network in the world, with a plan to achieve
2024 Highlights:
- Acceleration in Digital Transformation and Continued Investments in AI: Stagwell saw a rebound followed by an acceleration in our Digital Transformation businesses in 2024, with Digital accounting for
57% of FY24 net revenue, and Stagwell Marketing Cloud growing19% . Stagwell's Code and Theory Network's engineering expertise and creative ability led transformational work for clients throughout the year. - Record-Breaking New Business Wins and Strong Advocacy Growth: Stagwell's new business wins broke company records in 2024, generating
$382 million $102 million 85% YoY increase. Major expansions with Starbucks, Target, and Visa reinforced the network's ability to secure larger mandates across our integrated service offerings. Stagwell also capitalized on an unprecedentedU.S. election cycle for strong advocacy growth – an important differentiator in Stagwell's business mix. - Growing Our Footprint in MENA and APAC: Stagwell cemented its footprint in the
Middle East andNorth Africa (MENA) andAsia-Pacific (APAC) regions and launched hubs inLondon andToronto to enhance cross-agency collaboration. Our strategic expansion strengthened our ability to tailor our services to regional markets. - Expanding our Geographical Reach and Capabilities: Stagwell announced 11 acquisitions in 2024. Consulum, Create. Group, and LEADERS strengthened Stagwell's MENA presence. UNICEPTA and BERA enhanced Stagwell Marketing Cloud. Business Traveller, Luxine Relations Publiques, PROS, What's Next, Sidekick, and Team Epiphany added social, experiential, and multicultural expertise across key markets in the
Americas and Europe.
"Stagwell's journey to
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this document that are not historical facts, including statements about the Company's beliefs and expectations, technological leadership and differentiation, future financial performance, future growth and prospects, including the Company's revenue targets and anticipated benefits of the Company's strategies, including with respect to artificial intelligence, constitute forward-looking statements. Forward-looking statements are based on current assumptions that are subject to risks and uncertainties that may cause actual results to differ materially from the forward-looking statements, including but not limited to the risks and uncertainties discussed in Item 1A–Risk Factors and the section entitled "Forward-looking Statements" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission (the "SEC") on March 11, 2025, and accessible on the SEC's website at www.sec.gov. Therefore, you should not place undue reliance on such statements. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them in light of new information or future events, if any.
About Stagwell
Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world's most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 45+ countries are unified under a single purpose: to drive effectiveness and improve business results for our clients. Join us at www.stagwellglobal.com.
IR Contact:
Ben Allanson
IR@stagwellglobal.com
Press Contact:
Kara Gelber
PR@stagwellglobal.com
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SOURCE Stagwell Inc.
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