Stagwell (STGW) Asset Writedowns and Impairment (2017 - 2024)
Stagwell (STGW) posted Asset Writedowns and Impairment of $215000.0 for Q2 2024, down 85.67% on a QoQ basis from $1.5 million in Q1 2024, and down 97.96% year-over-year from $10.6 million in Q3 2023.
Stagwell (STGW) Asset Writedowns and Impairment (2017 - 2024) Analysis & Trends
Stagwell's Asset Writedowns and Impairment history runs 8 years deep, the most recent figure standing at $215000.0 for Q2 2024.
- Quarterly Asset Writedowns and Impairment fell 97.96% year-over-year to $215000.0 in Q2 2024, while the trailing twelve-month figure through Mar 2025 was $215000.0 (down 98.33% YoY) and the FY2024 annual result came in at $1.7 million, down 84.95% from the prior year.
- Asset Writedowns and Impairment was $215000.0 for Q2 2024 at Stagwell, down from $1.5 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $94.2 million in Q4 2022 and bottomed at $161000.0 in Q1 2020.
- A 5-year average of $19.1 million and a median of $2.3 million in 2022 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment sank 99.82% — and 2022, when it surged 7067.35%.
- Stagwell's Asset Writedowns and Impairment stood at $77.2 million in 2020, then slumped by 98.3% to $1.3 million in 2021, then jumped by 7067.35% to $94.2 million in 2022, then slumped by 99.12% to $833000.0 in 2023, then slumped by 74.19% to $215000.0 in 2024.
- Business Quant data shows STGW's Asset Writedowns and Impairment at $215000.0 in Q2 2024, $1.5 million in Q1 2024, and $833000.0 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AppLovin | 139.99 Bn | 137.23 Bn | 1.64 Bn |
| 2 | Omnicom | 24.54 Bn | 20.25 Bn | 1.04 Bn |
| 3 | Wpp | 20.99 Bn | 17.30 Bn | - |
| 4 | Trade Desk | 8.50 Bn | 7.09 Bn | 506.89 Mn |
| 5 | 36Kr Holdings | 2.96 Bn | 2.94 Bn | 11.56 Mn |
| 6 | Magnite | 2.77 Bn | 2.59 Bn | 103.96 Mn |
| 7 | Ziff Davis | 1.98 Bn | 1.46 Bn | 223.32 Mn |
| 8 | Stagwell | 1.94 Bn | 1.83 Bn | 244.61 Mn |
| 9 | DoubleVerify Holdings | 1.76 Bn | 1.59 Bn | 147.67 Mn |
| 10 | Token Cat | 1.24 Bn | 1.24 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 94.18 Mn |
| Dec 31, 2022 | 94.18 Mn |
| Sep 30, 2022 | 25.21 Mn |
| Sep 30, 2022 | 25.21 Mn |
| Jun 30, 2022 | 2.27 Mn |
| Jun 30, 2022 | 2.27 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 |