System1, Inc.
NYSE:SST
7.11 (USD) • At close September 3, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
| Revenue
| 343.925 | 401.971 | 664.941 | 688.389 | 475.977 | 407.493 | 265.53 |
| Cost of Revenue
| 191.561 | 355.25 | 521.113 | 601.745 | 340.996 | 275.77 | 171.03 |
| Gross Profit
| 152.364 | 46.721 | 15.369 | 86.644 | 134.981 | 131.723 | 94.5 |
| Gross Profit Ratio
| 0.443 | 0.116 | 0.023 | 0.126 | 0.284 | 0.323 | 0.356 |
| Reseach & Development Expenses
| 0 | 2.981 | 0.822 | 4.934 | 0 | 0 | 0 |
| General & Administrative Expenses
| 160.858 | 0 | 0 | 13.327 | 78.527 | 68.349 | 66.523 |
| Selling & Marketing Expenses
| -113.512 | 54.307 | 0 | 35.813 | 0 | 0 | 0 |
| SG&A
| 47.346 | 54.307 | 66.496 | 35.813 | 78.527 | 68.349 | 66.523 |
| Other Expenses
| 193.619 | 75.422 | 49.127 | -4.934 | 13.832 | 11.244 | 5.313 |
| Operating Expenses
| 240.965 | 132.71 | 116.445 | 35.813 | 92.359 | 79.593 | 71.836 |
| Operating Income
| -88.601 | -85.989 | -121.596 | 50.831 | 42.622 | 52.13 | 22.664 |
| Operating Income Ratio
| -0.258 | -0.214 | -0.183 | 0.074 | 0.09 | 0.128 | 0.085 |
| Total Other Income Expenses Net
| -9.067 | -45.64 | -409.137 | -16.87 | -24.351 | -27.179 | -18.976 |
| Income Before Tax
| -97.668 | -131.629 | -530.733 | 33.961 | 18.271 | 24.951 | 3.688 |
| Income Before Tax Ratio
| -0.284 | -0.327 | -0.798 | 0.049 | 0.038 | 0.061 | 0.014 |
| Income Tax Expense
| -0.37 | -20.371 | 109.309 | 0.965 | 1.907 | 0.702 | 24.643 |
| Net Income
| -74.673 | -227.221 | 32.996 | 32.996 | 63.761 | 24.249 | -20.955 |
| Net Income Ratio
| -0.217 | -0.565 | 0.05 | 0.048 | 0.134 | 0.06 | -0.079 |
| EPS
| -1.07 | -2.44 | -3.81 | 0.4 | 0.25 | 0.27 | -0.26 |
| EPS Diluted
| -1.07 | -2.44 | -3.81 | 0.4 | 0.25 | 0.27 | -0.26 |
| EBITDA
| 14.001 | -4.481 | -427.606 | 64.716 | 52.924 | 60.755 | 25.459 |
| EBITDA Ratio
| 0.041 | -0.011 | -0.643 | 0.094 | 0.111 | 0.149 | 0.096 |