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| 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 | 94.20 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 |