System1, Inc. (SST)
NYSE: SST · Real-Time Price · USD
0.3170
+0.0269 (9.27%)
Apr 17, 2025, 4:00 PM EDT - Market closed

System1 Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2018 - 2019
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2018 - 2019
Revenue
343.93401.97664.94688.39475.98
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Revenue Growth (YoY)
-14.44%-39.55%-3.41%44.63%16.81%
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Cost of Revenue
305.07355.25649.57587.86396.54
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Gross Profit
38.8546.7215.37100.5379.43
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Selling, General & Admin
47.3554.3166.535.8122.98
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Operating Expenses
127.45132.71136.9749.736.81
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Operating Income
-88.6-85.99-121.650.8342.62
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Interest Expense
-31.56-48.75-32.66-16.87-24.35
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Other Non Operating Income (Expenses)
2.395.11-3.75--
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EBT Excluding Unusual Items
-117.78-129.63-158.0133.9618.27
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Impairment of Goodwill
---372.73--
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Other Unusual Items
20.11-2---
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Pretax Income
-97.67-131.63-530.7333.9618.27
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Income Tax Expense
-0.37-20.37-109.310.971.91
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Earnings From Continuing Operations
-97.3-111.26-421.423316.36
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Earnings From Discontinued Operations
--141.49-45.87-47.4
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Net Income to Company
-97.3-252.75-467.293363.76
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Minority Interest in Earnings
22.6325.5399.84--
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Net Income
-74.67-227.22-367.453363.76
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Net Income to Common
-74.67-227.22-367.453363.76
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Net Income Growth
----48.25%624.97%
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Shares Outstanding (Basic)
7091842020
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Shares Outstanding (Diluted)
7091842020
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Shares Change (YoY)
-23.95%8.35%311.99%--
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EPS (Basic)
-1.07-2.48-4.351.613.11
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EPS (Diluted)
-1.07-2.48-4.351.613.11
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EPS Growth
----48.25%624.97%
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Free Cash Flow
-5.29-27.1-10.8360.6646.53
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Free Cash Flow Per Share
-0.08-0.30-0.132.962.27
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Gross Margin
11.30%11.62%2.31%14.60%16.69%
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Operating Margin
-25.76%-21.39%-18.29%7.38%8.96%
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Profit Margin
-21.71%-56.53%-55.26%4.79%13.40%
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Free Cash Flow Margin
-1.54%-6.74%-1.63%8.81%9.78%
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EBITDA
-13.09-10.49-51.9559.7852.92
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EBITDA Margin
-3.81%-2.61%-7.81%8.68%11.12%
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D&A For EBITDA
75.5175.569.658.9510.3
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EBIT
-88.6-85.99-121.650.8342.62
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EBIT Margin
-25.76%-21.39%-18.29%7.38%8.96%
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Effective Tax Rate
---2.84%10.44%
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Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q