Stagwell Inc. (STGW) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.397 Good morning and welcome to Stagwell's fourth quarter and full year 2025 earnings webcast. 00:00:05.397 -- 00:00:09.562 My name is Ben Altson and I lead investor relations here at Stagwell. 00:00:09.562 -- 00:00:14.248 With me today are Mark Penn, Stagwell's founder, chairman and chief executive officer, 00:00:14.248 -- 00:00:18.390 and Ryan Green, Stagwell's chief financial officer. 00:00:24.800 -- 00:00:29.090 Mark will provide a business update before Ryan shares a financial review. 00:00:29.090 -- 00:00:32.915 After the prepared remarks, we will open the floor for Q&A. 00:00:32.915 -- 00:00:36.480 Please submit questions through the chat function. 00:00:36.480 -- 00:00:40.405 Before we begin, I'd like to remind you that the following remarks include forward-looking 00:00:40.405 -- 00:00:45.431 statements and non-GAAP financial data. Forward-looking statements about the company, 00:00:45.431 -- 00:00:50.297 including those related to earnings guidance, are subject to uncertainties and risk factors 00:00:50.297 -- 00:00:55.482 addressed in our earnings release, slide presentation, and the company's SEC filings. 00:00:55.482 -- 00:00:58.525 Please refer to our website, stagwellglobal.com 00:00:58.525 -- 00:01:03.510 forward slash investors, for an investor presentation and additional resources. 00:01:03.510 -- 00:01:08.956 This morning's press release and slide deck provide definitions, explanations, and reconciliations 00:01:08.956 -- 00:01:13.821 of non-GAAP financial data. With that, I'd like to turn the call over to our chairman, 00:01:13.821 -- 00:01:16.764 founder, and CEO, Mark Bennett. 00:01:16.764 -- 00:01:21.929 Thank you, Ben. With accelerating ex-advocacy growth, record net new 00:01:21.929 -- 00:01:26.929 business, ex...