Record Revenue Growth
Stagwell reported a 20% increase in revenue and 14% increase in net revenue for Q4 2024, driven by strong momentum in Digital Transformation and Performance Media and Data.
Digital Transformation Success
Digital Transformation revenue grew by 22% in Q4 and 13% for the full year, with significant AI project wins indicating a new wave of AI-driven work.
Advocacy Business Boom
Advocacy revenue in Q4 rose 80% year-over-year and 46% over the prior political cycle, driven by unprecedented political ad spend.
New Business Momentum
Stagwell posted $102 million in net new business for Q4, marking the third consecutive quarter with net new business figures exceeding $100 million.
Strategic M&A Acquisitions
Stagwell announced 11 acquisitions in 2024, including significant expansions in the Middle East, Europe, and Asia, enhancing geographical reach and capabilities.
Strong Adjusted EBITDA
Adjusted EBITDA for Q4 was $123 million, with a margin of 19.6%, and full-year adjusted EBITDA was $411 million, representing an 18% margin.