Stagwell (STGW) Asset Writedowns and Impairment (2017 - 2024)

Stagwell (STGW) reported Asset Writedowns and Impairment of $215000.0 for Q2 2024, down 97.96% on a YoY basis from $10.6 million in Q3 2023, and down 85.67% quarter-over-quarter from $1.5 million in Q1 2024.

Stagwell (STGW) Asset Writedowns and Impairment (2017 - 2024) Analysis & Trends

Stagwell has reported Asset Writedowns and Impairment for 8 years, with the latest figure at $215000.0 in Q2 2024.

  • For the quarter ending Q2 2024, Asset Writedowns and Impairment fell 97.96% year-over-year to $215000.0; the trailing twelve-month figure through Mar 2025 stood at $215000.0 (down 98.33% YoY), and the FY2024 full-year result was $1.7 million, down 84.95% from the prior year.
  • Asset Writedowns and Impairment for Q2 2024 stood at $215000.0, down from $1.5 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $94.2 million in Q4 2022, with the low at $161000.0 in Q1 2020.
  • Historically, Asset Writedowns and Impairment has averaged $19.1 million across 5 years, with a median of $2.3 million in 2022.
  • Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment slumped 99.82% — and 2022, when it jumped 7068.95%.
  • Stagwell's Asset Writedowns and Impairment stood at $77.2 million in 2020, then plunged by 98.3% to $1.3 million in 2021, then jumped by 7068.95% to $94.2 million in 2022, then tumbled by 99.12% to $833000.0 in 2023, then plunged by 74.19% to $215000.0 in 2024.
  • The last three Asset Writedowns and Impairment figures came in at $215000.0 (Q2 2024), $1.5 million (Q1 2024), and $833000.0 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 AppLovin 166.37 Bn 163.61 Bn 1.78 Bn
2 Omnicom 22.05 Bn 18.39 Bn 1.04 Bn
3 Trade Desk 9.17 Bn 7.76 Bn 506.89 Mn
4 Wpp 2.67 Bn -911.34 Mn -
5 Nexxen International 2.39 Bn 2.26 Bn 70.41 Mn
6 Magnite 2.26 Bn 2.07 Bn 118.28 Mn
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn
8 DoubleVerify Holdings 1.67 Bn 1.49 Bn 135.23 Mn
9 Stagwell 1.64 Bn 1.55 Bn 244.61 Mn
10 Clear Channel Outdoor Holdings 1.20 Bn 1.03 Bn 193.76 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 215,000.00
Jun 30, 2024 215,000.00
Mar 31, 2024 1.50 Mn
Mar 31, 2024 1.50 Mn
Dec 31, 2023 833,000.00
Dec 31, 2023 833,000.00
Jun 30, 2023 10.56 Mn
Jun 30, 2023 10.56 Mn
Dec 31, 2022 94.20 Mn
Dec 31, 2022 94.20 Mn
Sep 30, 2022 25.21 Mn
Sep 30, 2022 25.21 Mn
Jun 30, 2022 2.30 Mn
Jun 30, 2022 2.30 Mn
Mar 31, 2022 557,000.00
Mar 31, 2022 557,000.00
Dec 31, 2021 1.31 Mn
Dec 31, 2021 1.31 Mn
Sep 30, 2021 14.93 Mn
Sep 30, 2021 14.93 Mn