System1, Inc.
SST
NYSE
4.12
USD+0.20(+5.10%)
As of today
System1, Inc. fundamentals
SST Income Statement
| Period Ending | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 265,530,000 | 407,493,000 | 475,977,000 | 688,389,000 | 664,941,000 | 401,971,000 | 343,925,000 | |
| Cost of Revenue | 171,030,000 | 275,770,000 | 340,996,000 | 601,745,000 | 649,572,000 | 355,250,000 | 191,561,000 | |
| Gross Profit | 94,500,000 | 131,723,000 | 134,981,000 | 86,644,000 | 15,369,000 | 46,721,000 | 152,364,000 | |
| Gross Profit Margin | 0.356 | 0.323 | 0.284 | 0.126 | 0.023 | 0.116 | 0.443 | |
| R&D Expenses | 0 | 0 | 0 | 4,934,000 | 822,000 | 2,981,000 | 0 | |
| General & Administrative Expenses | 66,523,000 | 68,349,000 | 78,527,000 | 0 | 0 | 0 | 160,858,000 | |
| Selling & Marketing Expenses | 0 | 0 | 0 | 35,813,000 | 0 | 54,307,000 | -113,512,000 | |
| SG&A Expenses | 66,523,000 | 68,349,000 | 78,527,000 | 35,813,000 | 66,495,999 | 54,307,000 | 47,346,000 | |
| Other Expenses | 5,313,000 | 11,244,000 | 13,832,000 | -4,934,000 | 442,375,001 | 75,422,000 | 193,619,000 | |
| Total Operating Expenses | 71,836,000 | 79,593,000 | 92,359,000 | 35,813,000 | 509,693,000 | 132,710,000 | 240,965,000 | |
| Total Costs & Expenses | 242,866,000 | 355,363,000 | 433,355,000 | 637,558,000 | 1,159,265,000 | 487,960,000 | 432,526,000 | |
| Interest Income | 0 | 0 | 0 | 0 | 33,099,000 | 0 | 0 | |
| Interest Expense | 18,976,000 | 26,033,000 | 24,351,000 | 16,870,000 | 16,870,000 | 48,745,000 | 31,562,000 | |
| Depreciation & Amortization | 5,313,000 | 11,244,000 | 10,302,000 | 13,885,000 | 69,647,000 | 78,403,000 | 80,107,000 | |
| EBITDA | 25,459,000 | 62,228,000 | 52,924,000 | 64,716,000 | -51,949,000 | -4,481,000 | 14,001,000 | |
| EBITDA Margin | 0.096 | 0.153 | 0.111 | 0.094 | -0.078 | -0.011 | 0.041 | |
| Operating Income | 22,664,000 | 52,130,000 | 42,622,000 | 50,831,000 | -494,324,000 | -85,989,000 | -88,601,000 | |
| Operating Income Margin | 0.085 | 0.128 | 0.09 | 0.074 | -0.743 | -0.214 | -0.258 | |
| Total Other Income/Expenses (Net) | -18,976,000 | -27,179,000 | -24,351,000 | -16,870,000 | 182,209,000 | -45,640,000 | -9,067,000 | |
| Income Before Tax | 3,688,000 | 24,951,000 | 18,271,000 | 33,961,000 | -312,115,000 | -131,629,000 | -97,668,000 | |
| Pre-Tax Income Margin | 0.014 | 0.061 | 0.038 | 0.049 | -0.469 | -0.327 | -0.284 | |
| Income Tax Expense | 24,643,000 | 702,000 | 1,907,000 | 965,000 | 109,309,000 | -20,371,000 | -370,000 | |
| Net Income | -20,955,000 | 8,795,000 | 63,761,000 | 32,996,000 | -367,453,000 | -227,221,000 | -74,673,000 | |
| Net Income Margin | -0.079 | 0.022 | 0.134 | 0.048 | -0.553 | -0.565 | -0.217 | |
| Earnings Per Share (EPS) | -0.26 | 0.27 | 0.25 | 0.4 | -3.81 | -2.44 | -1.07 | |
| Diluted Earnings Per Share (EPS) | -0.26 | 0.27 | 0.25 | 0.4 | -3.81 | -2.44 | -1.07 | |
| Weighted Average Shares Outstanding | 81,696,614 | 89,251,000 | 64,687,500 | 84,146,608 | 91,674,000 | 91,454,000 | 69,554,000 | |
| Weighted Average Shares Outstanding (Diluted) | 81,696,614 | 89,251,000 | 64,687,500 | 84,146,608 | 91,674,000 | 91,454,000 | 69,554,000 |