Breakdown | |||||
TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
14.85B | 14.84B | 14.43B | 12.80B | 12.00B | 13.23B | Gross Profit |
2.49B | 2.52B | 2.54B | 2.20B | 2.01B | 2.41B | EBIT |
647.90M | 531.00M | 1.36B | 1.23B | 2.28B | 1.30B | EBITDA |
908.00M | 1.83B | 2.03B | 1.78B | -1.85B | 1.61B | Net Income Common Stockholders |
203.40M | 110.40M | 682.70M | 637.70M | -2.97B | 844.10M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
2.22B | 2.22B | 2.49B | 3.88B | 12.90B | 11.31B | Total Assets |
26.62B | 26.62B | 28.82B | 27.87B | 36.17B | 39.58B | Total Debt |
6.88B | 6.88B | 7.18B | 6.83B | 15.75B | 15.10B | Net Debt |
4.66B | 4.66B | 4.69B | 2.94B | 2.85B | 4.65B | Total Liabilities |
22.79B | 22.79B | 24.66B | 23.80B | 31.12B | 31.29B | Stockholders Equity |
3.38B | 3.38B | 3.68B | 3.62B | 4.73B | 7.93B |
Cash Flow | Free Cash Flow | ||||
963.80M | 1.02B | 477.60M | 1.74B | 1.78B | 1.51B | Operating Cash Flow |
1.14B | 1.24B | 700.90M | 2.03B | 2.05B | 1.85B | Investing Cash Flow |
-202.40M | -380.40M | -408.90M | -638.40M | -163.40M | 1.76B | Financing Cash Flow |
-432.10M | -904.70M | -1.91B | -2.06B | -250.50M | -2.92B |
WPP has acquired InfoSum, a leading data collaboration platform, to enhance its AI-driven data offerings. This strategic move aims to provide WPP clients with access to a vast network of privacy-safe, actionable data, enabling them to maximize the value of their first-party data and improve marketing intelligence. The acquisition integrates InfoSum’s technology into WPP’s infrastructure, allowing for the development of AI-enhanced marketing solutions and providing clients with a competitive advantage in the AI era. This move is expected to significantly impact WPP’s operations by expanding its data capabilities and offering clients improved campaign performance and audience targeting.
WPP has announced its total voting rights and capital as of March 31, 2025, revealing that it has 1,091,394,251 ordinary shares, with 12,591,893 held in Treasury. This results in a total of 1,078,802,358 voting rights, a figure important for shareholders to determine their notification requirements under FCA rules.
WPP has announced the filing of its 2024 Annual Report on Form 20-F with the Securities and Exchange Commission, which includes audited financial statements for the year ending December 31, 2024. This filing is significant as it provides transparency and detailed financial insights to shareholders and stakeholders, reinforcing WPP’s commitment to maintaining strong corporate governance and investor relations.
WPP has released its Annual Report for 2024 and Sustainability Report, alongside the 2025 Notice of Annual General Meeting. The reports highlight the company’s strategic focus on leveraging AI and technology to drive growth and efficiency, while addressing economic and geopolitical risks. The company is committed to maintaining resilience through diverse client portfolios and proactive risk management strategies, aiming to enhance its market position and stakeholder confidence.
WPP PLC has announced a change in its voting rights structure following an acquisition or disposal of voting rights by T. Rowe Price Associates, Inc., a U.S.-based investment management firm. As of March 20, 2025, T. Rowe Price Associates holds 5.134552% of WPP’s voting rights, which represents a significant stake in the company. This change in voting rights could impact WPP’s governance and decision-making processes, potentially influencing its strategic direction and operations.
WPP announced the vesting of executive share awards under the 2022 Executive Performance Share Plan, with key executives Mark Read and Andrew Scott acquiring and subsequently selling shares to cover statutory withholding liabilities. This transaction highlights the company’s commitment to performance-based incentives and may impact its market positioning by aligning executive interests with shareholder value.
WPP has announced the granting of Executive Performance Share Awards to its top executives, including the CEO, CFO, and COO, as well as other senior executives within the company. These awards, which are in the form of nil-cost options or conditional performance shares, will vest based on the company’s performance from 2025 to 2027, measured by Return on Invested Capital, Adjusted Free Cash Flow, and Total Shareholder Return. This initiative is part of WPP’s strategy to align executive compensation with company performance, potentially impacting stakeholder value and company operations.
WPP has announced the vesting of executive share awards for key personnel, including CEO Mark Read, COO Andrew Scott, and CFO Joanne Wilson, under the 2022 Executive Share Award and the WPP Stock Plan 2018. The transactions, which took place on 10 March 2025, involved the acquisition and partial sale of shares to cover statutory withholding liabilities, reflecting the company’s ongoing commitment to aligning executive incentives with performance metrics.
WPP’s 2024 preliminary results highlight strategic progress with improved margins and cash conversion despite revenue pressures. The company has increased its investment in AI through WPP Open, which has been widely adopted, enhancing operational efficiency and client service. WPP’s strategic initiatives, including a simpler client-facing structure and enhanced media offerings, aim to strengthen client relationships and drive business growth, with a focus on innovation and operational excellence.
WPP has announced that its preliminary financial results for the year ending December 31, 2024, will be released on February 27, 2025. The announcement will be accompanied by a presentation for investors and analysts, which will be webcast live, reflecting WPP’s commitment to transparency and stakeholder engagement.
WPP PLC announced that as of January 31, 2025, its issued share capital consisted of 1,091,394,251 ordinary shares, with 12,591,893 shares held in treasury. This results in a total of 1,078,802,358 voting rights, a key figure for shareholders under the FCA’s rules. This update is critical for shareholders to determine their stake in the company and maintain compliance with regulatory requirements.