SST
System1, Inc.
Price Chart
Latest Quote
$2.85
-0.20 (-6.56%)
Current Price
| Previous Close | $3.05 |
| Open | $3.10 |
| Day High | $3.07 |
| Day Low | $2.81 |
| Volume | 24,013 |
Stock Information
| Shares Outstanding | 8.15M |
| Total Debt | $307.68M |
| Cash Equivalents | $51.51M |
| Revenue | $228.85M |
| Net Income | $-96.53M |
| Sector | Industrials |
| Industry | Specialty Business Services |
| Market Cap | $28.33M |
| EPS (TTM) | $-12.00 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $258.00M |
| Sales | $228.85M |
| Income | $-96.53M |
| Book/sh | $3.77 |
| Cash/sh | $6.32 |
| Employees | 250 |
Financial Ratios
| Quick Ratio | 0.83 |
| Current Ratio | 0.89 |
Returns & Margins
| ROA | -10.30% |
| ROE | -830.65% |
| Gross Margin | 3.92% |
| Operating Margin | -32.27% |
| Profit Margin | -42.18% |
Ownership
| Insider Ownership | 78.36% |
| Institutional Ownership | 10.33% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -0.36 |
| P/S | 0.12 |
| P/B | 0.76 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $3.05 |
| SMA50 | $3.16 |
| SMA200 | $4.37 |
| RSI | 46.46 |
| ATR | 0.3331 |
| Shares Float | 4.49M |
| Short Float | 6.59% |
| Short Ratio | 0.27 |
| Volatility | 1.50 |
| Rel Volume | 0.22 |
Performance History
| Week | -7.47% |
| Month | +1.79% |
| Quarter | +88.74% |
| 6 Months | -31.82% |
| YTD | -33.41% |
| Year | -44.98% |
| 3 Years | -93.65% |
| 5 Years | -97.11% |
| 10 Years | -97.16% |
Stock Score:
â Premium
Based on debt, profitability, growth, and cash flow metrics
â Premium Feature
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $2.85 | 33,600 |
| 2026-06-17 | $3.05 | 80,100 |
| 2026-06-16 | $3.12 | 200,900 |
| 2026-06-15 | $2.88 | 64,300 |
| 2026-06-12 | $2.98 | 45,300 |
| 2026-06-11 | $3.08 | 56,600 |
| 2026-06-10 | $3.06 | 65,400 |
| 2026-06-09 | $3.02 | 65,500 |
| 2026-06-08 | $3.08 | 42,000 |
| 2026-06-05 | $3.05 | 87,500 |
| 2026-06-04 | $3.37 | 115,600 |
| 2026-06-03 | $3.32 | 103,500 |
| 2026-06-02 | $3.53 | 220,100 |
| 2026-06-01 | $3.51 | 635,800 |
| 2026-05-29 | $2.99 | 152,300 |
| 2026-05-28 | $2.87 | 173,200 |
| 2026-05-27 | $2.89 | 82,800 |
| 2026-05-26 | $2.84 | 272,300 |
| 2026-05-22 | $2.95 | 246,600 |
| 2026-05-21 | $2.57 | 305,500 |
| 2026-05-20 | $2.57 | 177,000 |
| 2026-05-19 | $2.80 | 186,500 |
About System1, Inc.
System1, Inc. provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States and internationally. It operates in two segments: Owned and Operated Advertising, and Partner Network. The company engages in the provision of acquiring traffic to its owned and operated websites, as well as revenue-sharing arrangements and related services. It also operates MapQuest, a web-based navigation service that delivers turn-by-turn direction services to users; Info.com, a metasearch engine that consumers can use to search for relevant information; HowStuffWorks, a commercial website focused on helping people solve problems in their daily lives by using various types of digital media to easily breakdown and explain complex concepts, topics, terminology, and mechanisms; Startpage, a private search engine that allows users to browse and search the Internet in complete privacy; and CouponFollow, a coupon destinations for online shoppers, as well as ActiveBeat and Infospace. In addition, the company offers antivirus software solutions, which provide customers a single packaged solution that offers protection and reporting to the end users. The company is based in Los Angeles, California.
đ° Latest News
Favourable Signals For System1: Numerous Insiders Acquired Stock
Simply Wall St. âĸ 2026-06-12T10:33:01Z
System1 CEO James Gregory Previews Firmâs Biggest Goals at Cannes Lions
NYSE âĸ 2026-05-29T15:28:23Z
Why Is System1 (SST) Stock Down 33% After Hours Today?
Benzinga âĸ 2026-05-13T06:29:14Z
System1 shares jump 19% as marketing analytics group forecasts return to profitable growth
Proactive âĸ 2026-03-16T09:30:07Z
Cannae Holdings, Inc. Q4 2025 Earnings Call Summary
Moby âĸ 2026-02-24T13:30:00Z
This System1 Insider Increased Their Holding In The Last Year
Simply Wall St. âĸ 2025-12-05T12:51:30Z
System1 Inc (SST) Q3 2025 Earnings Call Highlights: Navigating Challenges and Embracing Growth ...
GuruFocus.com âĸ 2025-11-06T05:13:31ZSystem1 Second Quarter 2025 Earnings: US$2.23 loss per share (vs US$3.80 loss in 2Q 2024)
Simply Wall St. âĸ 2025-08-10T12:20:34Z
System1 Inc (SST) Q2 2025 Earnings Call Highlights: Strong Product Growth Amid Marketing Challenges
GuruFocus.com âĸ 2025-08-08T07:43:32Z
Period:
Loading...
Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $165,734,000 | $242,602,000 | $221,940,000 | - |
| Cost Of Revenue | $165,734,000 | $242,602,000 | $248,745,000 | - |
| Total Revenue | $266,129,000 | $343,925,000 | $401,971,000 | - |
| Operating Revenue | $266,129,000 | $343,925,000 | $401,971,000 | - |
| Expenses | ||||
| Interest Expense | $27,556,000 | $31,562,000 | $48,745,000 | - |
| Total Expenses | $328,169,000 | $432,526,000 | $487,960,000 | - |
| Other Income Expense | $5,528,000 | $22,495,000 | $3,105,000 | - |
| Other Non Operating Income Expenses | $5,253,000 | - | - | - |
| Net Non Operating Interest Income Expense | $-27,556,000 | $-31,562,000 | $-48,745,000 | - |
| Interest Expense Non Operating | $27,556,000 | $31,562,000 | $48,745,000 | - |
| Operating Expense | $162,435,000 | $189,924,000 | $239,215,000 | - |
| General And Administrative Expense | $162,435,000 | $189,924,000 | $160,812,000 | - |
| Selling And Marketing Expense | - | - | $54,307,000 | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-65,345,000 | $-74,673,000 | $-52,894,000 | - |
| Net Interest Income | $-27,556,000 | $-31,562,000 | $-48,745,000 | - |
| Normalized Income | $-65,610,650 | $-97,078,020 | $-55,517,725 | - |
| Net Income From Continuing And Discontinued Operation | $-65,345,000 | $-74,673,000 | $-227,221,000 | - |
| Total Operating Income As Reported | $-62,040,000 | $-88,601,000 | $-85,989,000 | - |
| Net Income Common Stockholders | $-65,345,000 | $-74,673,000 | $-227,221,000 | - |
| Net Income | $-65,345,000 | $-74,673,000 | $-227,221,000 | - |
| Net Income Including Noncontrolling Interests | $-81,193,000 | $-97,298,000 | $-285,585,000 | - |
| Net Income Continuous Operations | $-81,193,000 | $-97,298,000 | $-111,258,000 | - |
| Pretax Income | $-84,068,000 | $-97,668,000 | $-131,629,000 | - |
| Special Income Charges | $0 | $20,109,000 | $-2,004,000 | - |
| Operating Income | $-62,040,000 | $-88,601,000 | $-85,989,000 | - |
| Gross Profit | $100,395,000 | $101,323,000 | $153,226,000 | - |
| Net Income Discontinuous Operations | - | $0 | $-174,327,000 | - |
| Depreciation Amortization Depletion Income Statement | - | $80,107,000 | $78,403,000 | - |
| Depreciation And Amortization In Income Statement | - | $80,107,000 | $78,403,000 | - |
| Per Share | ||||
| Diluted EPS | $-8.08 | $-10.14 | $-24.80 | - |
| Basic EPS | $-8.08 | $-10.14 | $-24.80 | - |
| Other | ||||
| Tax Effect Of Unusual Items | $9,350 | $89,980 | $481,275 | - |
| Tax Rate For Calcs | $0 | $0 | $0 | - |
| Normalized EBITDA (Bullshit earnings) | $26,075,000 | $-8,494,000 | $19,219,000 | - |
| Total Unusual Items | $275,000 | $22,495,000 | $3,105,000 | - |
| Total Unusual Items Excluding Goodwill | $275,000 | $22,495,000 | $3,105,000 | - |
| Reconciled Depreciation | $82,862,000 | $80,107,000 | $105,208,000 | - |
| EBITDA (Bullshit earnings) | $26,350,000 | $14,001,000 | $22,324,000 | - |
| EBIT | $-56,512,000 | $-66,106,000 | $-82,884,000 | - |
| Diluted Average Shares | $8,088,000 | $7,365,300 | $9,145,400 | $9,167,400 |
| Basic Average Shares | $8,088,000 | $7,365,300 | $9,145,400 | $9,167,400 |
| Diluted NI Availto Com Stockholders | $-65,345,000 | $-74,673,000 | $-227,221,000 | - |
| Minority Interests | $15,848,000 | $22,625,000 | $58,364,000 | - |
| Tax Provision | $-2,875,000 | $-370,000 | $-20,371,000 | - |
| Gain On Sale Of Security | $275,000 | $2,386,000 | $5,109,000 | - |
| Selling General And Administration | $162,435,000 | $189,924,000 | $160,812,000 | - |
| Other Gand A | $69,688,000 | $76,412,000 | $54,307,000 | - |
| Salaries And Wages | $92,747,000 | $113,512,000 | $106,505,000 | - |
| Other Special Charges | - | $-20,109,000 | $2,004,000 | - |
| Impairment Of Capital Assets | - | - | $0 | - |
Fetched: 2026-06-11
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-213,701,000 | $-238,920,000 | $-255,555,000 | $-68,995,000 |
| Total Assets | $404,972,000 | $459,129,000 | $605,470,000 | $1,160,456,000 |
| Total Non Current Assets | $255,492,000 | $324,652,000 | $403,467,000 | $1,033,948,000 |
| Other Non Current Assets | $642,000 | $720,000 | $4,818,000 | $563,286,000 |
| Goodwill And Other Intangible Assets | $244,168,000 | $319,184,000 | $390,833,000 | $461,016,000 |
| Other Intangible Assets | $161,761,000 | $236,777,000 | $308,426,000 | $378,609,000 |
| Current Assets | $149,480,000 | $134,477,000 | $202,003,000 | $126,508,000 |
| Other Current Assets | $4,061,000 | $3,984,000 | $6,754,000 | $11,166,000 |
| Restricted Cash | $1,243,000 | $3,970,000 | $3,813,000 | $5,717,000 |
| Receivables | $57,289,000 | $62,916,000 | $56,093,000 | $80,428,000 |
| Accounts Receivable | $57,289,000 | $62,916,000 | $56,093,000 | $80,428,000 |
| Cash Cash Equivalents And Short Term Investments | $86,887,000 | $63,607,000 | $135,343,000 | $8,905,000 |
| Cash And Cash Equivalents | $86,887,000 | $63,607,000 | $135,343,000 | $8,905,000 |
| Assets Held For Sale Current | - | - | $0 | $20,292,000 |
| Prepaid Assets | - | - | - | - |
| Cash Financial | - | - | - | - |
| Debt | ||||
| Net Debt | $218,230,000 | $207,916,000 | $214,160,000 | $405,620,000 |
| Total Debt | $314,727,000 | $274,977,000 | $355,418,000 | $422,549,000 |
| Long Term Debt And Capital Lease Obligation | $236,582,000 | $256,483,000 | $337,814,000 | $405,379,000 |
| Long Term Debt | $228,399,000 | $255,118,000 | $334,232,000 | $399,504,000 |
| Current Debt And Capital Lease Obligation | $78,145,000 | $18,494,000 | $17,604,000 | $17,170,000 |
| Current Debt | $76,718,000 | $16,405,000 | $15,271,000 | $15,021,000 |
| Other Current Borrowings | $76,718,000 | $16,405,000 | $15,271,000 | $15,021,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $387,553,000 | $374,133,000 | $436,155,000 | $689,785,000 |
| Total Non Current Liabilities Net Minority Interest | $241,115,000 | $269,038,000 | $349,738,000 | $478,710,000 |
| Other Non Current Liabilities | $520,000 | $6,356,000 | $929,000 | $1,661,000 |
| Non Current Deferred Liabilities | $4,013,000 | $6,199,000 | $8,307,000 | $29,396,000 |
| Non Current Deferred Taxes Liabilities | $4,013,000 | $6,199,000 | $8,307,000 | $29,396,000 |
| Current Liabilities | $146,438,000 | $105,095,000 | $86,417,000 | $211,075,000 |
| Other Current Liabilities | $17,001,000 | $23,211,000 | $9,461,000 | $115,962,000 |
| Payables And Accrued Expenses | $51,292,000 | $63,390,000 | $59,352,000 | $76,390,000 |
| Payables | $22,016,000 | $10,401,000 | $9,499,000 | $7,799,000 |
| Accounts Payable | $22,016,000 | $10,401,000 | $9,499,000 | $6,707,000 |
| Derivative Product Liabilities | - | $302,000 | $2,688,000 | $7,798,000 |
| Liabilities Heldfor Sale Non Current | - | - | $0 | $34,476,000 |
| Current Deferred Liabilities | - | - | $1,757,000 | $1,553,000 |
| Total Tax Payable | - | - | $1,233,000 | $1,092,000 |
| Tradeand Other Payables Non Current | - | - | - | $15,824,000 |
| Interest Payable | - | - | - | $0 |
| Other Payable | - | - | - | $12,890,000 |
| Current Notes Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $30,467,000 | $80,264,000 | $135,278,000 | $392,021,000 |
| Total Equity Gross Minority Interest | $17,419,000 | $84,996,000 | $169,315,000 | $470,671,000 |
| Stockholders Equity | $30,467,000 | $80,264,000 | $135,278,000 | $392,021,000 |
| Gains Losses Not Affecting Retained Earnings | $-157,000 | $-443,000 | $-181,000 | $-260,000 |
| Other Equity Adjustments | $-157,000 | $-443,000 | $-181,000 | $-260,000 |
| Retained Earnings | $-847,679,000 | $-782,335,000 | $-707,662,000 | $-439,296,000 |
| Other Equity Interest | - | - | - | - |
| Other | ||||
| Treasury Shares Number | $137,000 | - | - | - |
| Ordinary Shares Number | $8,088,000 | $7,365,300 | $6,585,500 | $9,167,400 |
| Share Issued | $8,225,000 | $7,365,300 | $6,585,500 | $9,167,400 |
| Tangible Book Value | $-213,701,000 | $-238,920,000 | $-255,555,000 | $-68,995,000 |
| Invested Capital | $335,584,000 | $351,787,000 | $484,781,000 | $806,546,000 |
| Working Capital | $3,042,000 | $29,382,000 | $115,586,000 | $-84,567,000 |
| Capital Lease Obligations | $9,610,000 | $3,454,000 | $5,915,000 | $8,024,000 |
| Total Capitalization | $258,866,000 | $335,382,000 | $469,510,000 | $791,525,000 |
| Minority Interest | $-13,048,000 | $4,732,000 | $34,037,000 | $78,650,000 |
| Treasury Stock | $557,000 | $0 | - | - |
| Additional Paid In Capital | $878,859,000 | $863,041,000 | $843,112,000 | $831,566,000 |
| Capital Stock | $1,000 | $1,000 | $9,000 | $11,000 |
| Common Stock | $1,000 | $1,000 | $9,000 | $11,000 |
| Long Term Capital Lease Obligation | $8,183,000 | $1,365,000 | $3,582,000 | $5,875,000 |
| Current Capital Lease Obligation | $1,427,000 | $2,089,000 | $2,333,000 | $2,149,000 |
| Current Accrued Expenses | $29,276,000 | $52,989,000 | $49,853,000 | $68,591,000 |
| Goodwill | $82,407,000 | $82,407,000 | $82,407,000 | $82,407,000 |
| Net PPE | $10,682,000 | $4,748,000 | $7,816,000 | $9,646,000 |
| Accumulated Depreciation | $-2,651,000 | $-1,956,000 | $-1,167,000 | $-425,000 |
| Gross PPE | $13,333,000 | $6,704,000 | $8,983,000 | $10,071,000 |
| Leases | $2,477,000 | $2,389,000 | $2,511,000 | $2,468,000 |
| Other Properties | $9,120,000 | $2,644,000 | $4,732,000 | $6,484,000 |
| Machinery Furniture Equipment | $1,736,000 | $1,671,000 | $1,740,000 | $1,119,000 |
| Properties | $0 | $0 | $0 | $0 |
| Current Deferred Revenue | - | - | $1,757,000 | $1,553,000 |
| Pensionand Other Post Retirement Benefit Plans Current | - | - | - | $15,436,000 |
| Preferred Stock | - | - | - | - |
Fetched: 2026-06-11
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-10,870,000 | $-11,510,000 | $-32,702,000 | $54,170,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-4,147,000 | $-5,255,000 | $-24,742,000 | $60,705,000 |
| Cash Flow From Continuing Operating Activities | $-4,147,000 | $-5,255,000 | $-24,742,000 | $60,705,000 |
| Operating Gains Losses | $-275,000 | $-22,495,000 | $1,142,000 | $-23,699,501 |
| Investing Activities | ||||
| Capital Expenditure | $-6,723,000 | $-6,255,000 | $-7,960,000 | $-6,535,000 |
| Investing Cash Flow | $-6,723,000 | $-6,255,000 | $203,179,000 | $-6,535,000 |
| Cash Flow From Continuing Investing Activities | $-6,723,000 | $-6,255,000 | $203,179,000 | $-6,535,000 |
| Capital Expenditure Reported | $-6,402,000 | $-6,224,000 | $-5,607,000 | $-6,486,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-557,000 | $0 | $0 | $0 |
| Issuance Of Capital Stock | $2,250,000 | $0 | - | $0 |
| Financing Cash Flow | $31,305,000 | $-63,961,000 | $-74,072,000 | $-34,585,000 |
| Cash Flow From Continuing Financing Activities | $31,305,000 | $-63,961,000 | $-74,072,000 | $-34,585,000 |
| Net Other Financing Charges | $-388,000 | $-2,175,000 | $-5,095,000 | $-6,870,000 |
| Net Common Stock Issuance | $1,693,000 | $0 | $0 | $0 |
| Common Stock Issuance | $2,250,000 | $0 | - | $0 |
| Cash Dividends Paid | - | - | $-97,000 | $-14,579,000 |
| Common Stock Dividend Paid | - | - | - | $-14,579,000 |
| Other | ||||
| Repayment Of Debt | $-20,000,000 | $-61,786,000 | $-144,255,000 | $-13,136,000 |
| Issuance Of Debt | $50,000,000 | $0 | $75,278,000 | $0 |
| Interest Paid Supplemental Data | $25,618,000 | $30,677,000 | $42,875,000 | $14,740,000 |
| End Cash Position | $88,509,000 | $67,948,000 | $143,450,000 | $48,639,000 |
| Beginning Cash Position | $67,948,000 | $143,450,000 | $39,075,000 | $29,013,000 |
| Effect Of Exchange Rate Changes | $126,000 | $-31,000 | $10,000 | $41,000 |
| Changes In Cash | $20,435,000 | $-75,471,000 | $104,365,000 | $19,585,000 |
| Common Stock Payments | $-557,000 | $0 | $0 | $0 |
| Net Issuance Payments Of Debt | $30,000,000 | $-61,786,000 | $-68,977,000 | $-13,136,000 |
| Net Long Term Debt Issuance | $30,000,000 | $-61,786,000 | $-68,977,000 | $-13,136,000 |
| Long Term Debt Payments | $-20,000,000 | $-61,786,000 | $-144,255,000 | $-13,136,000 |
| Long Term Debt Issuance | $50,000,000 | $0 | $75,278,000 | $0 |
| Net Intangibles Purchase And Sale | $-275,000 | $0 | - | - |
| Purchase Of Intangibles | $-275,000 | $0 | - | - |
| Net PPE Purchase And Sale | $-46,000 | $-31,000 | $-2,353,000 | $-49,000 |
| Purchase Of PPE | $-46,000 | $-31,000 | $-2,353,000 | $-49,000 |
| Change In Working Capital | $-18,968,000 | $-2,922,000 | $-5,161,000 | $5,077,000 |
| Change In Other Current Liabilities | $-254,000 | $-1,861,000 | $-20,264,000 | $-3,842,000 |
| Change In Payables And Accrued Expense | $-23,665,000 | $2,895,000 | $-26,234,000 | $32,869,000 |
| Change In Accrued Expense | $-35,672,000 | $1,992,000 | $-19,438,000 | $12,113,000 |
| Change In Payable | $12,007,000 | $903,000 | $-6,796,000 | $20,756,000 |
| Change In Account Payable | $12,007,000 | $903,000 | $-6,796,000 | $20,756,000 |
| Change In Prepaid Assets | $24,000 | $2,846,000 | $5,207,000 | $-4,968,000 |
| Change In Receivables | $4,927,000 | $-6,802,000 | $20,857,000 | $-19,064,000 |
| Changes In Account Receivables | $4,927,000 | $-6,802,000 | $20,857,000 | $-19,064,000 |
| Other Non Cash Items | $176,000 | $5,744,000 | $10,140,000 | $9,315,000 |
| Stock Based Compensation | $14,741,000 | $33,712,000 | $53,085,000 | $413,000 |
| Asset Impairment Charge | $700,000 | $0 | $118,759,000 | $0 |
| Deferred Tax | $-2,190,000 | $-2,103,000 | $-22,330,000 | $-981,000 |
| Deferred Income Tax | $-2,190,000 | $-2,103,000 | $-22,330,000 | $-981,000 |
| Depreciation Amortization Depletion | $82,862,000 | $80,107,000 | $105,208,000 | $13,885,000 |
| Depreciation And Amortization | $82,862,000 | $80,107,000 | $105,208,000 | $13,885,000 |
| Gain Loss On Investment Securities | $-275,000 | $-2,386,000 | $-5,109,000 | $-23,699,501 |
| Net Income From Continuing Operations | $-81,193,000 | $-97,298,000 | $-285,585,000 | $32,996,000 |
| Net Business Purchase And Sale | - | $0 | $211,139,000 | $0 |
| Sale Of Business | - | $0 | $211,139,000 | - |
| Change In Other Working Capital | - | $-364,000 | $15,273,000 | $82,000 |
| Gain Loss On Sale Of Business | - | $0 | $4,247,000 | - |
| Income Tax Paid Supplemental Data | - | - | $7,102,000 | $2,750,000 |
| Proceeds From Stock Option Exercised | - | - | $0 | $0 |
| Purchase Of Business | - | - | $0 | $0 |
| Net Short Term Debt Issuance | - | - | - | $450,000 |
| Short Term Debt Payments | - | - | - | $0 |
| Short Term Debt Issuance | - | - | - | $450,000 |
Fetched: 2026-06-11