System1, Inc. (SST)
NYSE: SST · Real-Time Price · USD
5.79
-0.39 (-6.31%)
Oct 28, 2025, 4:00 PM EDT - Market closed
System1 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2018 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2018 - 2019 |
| 317.06 | 343.93 | 401.97 | 664.94 | 688.39 | 475.98 | Upgrade | |
Revenue Growth (YoY) | -12.76% | -14.44% | -39.55% | -3.41% | 44.63% | 16.81% | Upgrade |
Cost of Revenue | 259.4 | 305.07 | 355.25 | 649.57 | 587.86 | 396.54 | Upgrade |
Gross Profit | 57.65 | 38.85 | 46.72 | 15.37 | 100.53 | 79.43 | Upgrade |
Selling, General & Admin | 40.3 | 47.35 | 54.31 | 66.5 | 35.81 | 22.98 | Upgrade |
Operating Expenses | 120.4 | 127.45 | 132.71 | 136.97 | 49.7 | 36.81 | Upgrade |
Operating Income | -62.75 | -88.6 | -85.99 | -121.6 | 50.83 | 42.62 | Upgrade |
Interest Expense | -29.92 | -31.56 | -48.75 | -32.66 | -16.87 | -24.35 | Upgrade |
Other Non Operating Income (Expenses) | 0.53 | 2.39 | 5.11 | -3.75 | - | - | Upgrade |
EBT Excluding Unusual Items | -92.14 | -117.78 | -129.63 | -158.01 | 33.96 | 18.27 | Upgrade |
Impairment of Goodwill | - | - | - | -372.73 | - | - | Upgrade |
Other Unusual Items | - | 20.11 | -2 | - | - | - | Upgrade |
Pretax Income | -92.14 | -97.67 | -131.63 | -530.73 | 33.96 | 18.27 | Upgrade |
Income Tax Expense | -2.08 | -0.37 | -20.37 | -109.31 | 0.97 | 1.91 | Upgrade |
Earnings From Continuing Operations | -90.06 | -97.3 | -111.26 | -421.42 | 33 | 16.36 | Upgrade |
Earnings From Discontinued Operations | - | - | -141.49 | -45.87 | - | 47.4 | Upgrade |
Net Income to Company | -90.06 | -97.3 | -252.75 | -467.29 | 33 | 63.76 | Upgrade |
Minority Interest in Earnings | 18.95 | 22.63 | 25.53 | 99.84 | - | - | Upgrade |
Net Income | -71.11 | -74.67 | -227.22 | -367.45 | 33 | 63.76 | Upgrade |
Net Income to Common | -71.11 | -74.67 | -227.22 | -367.45 | 33 | 63.76 | Upgrade |
Net Income Growth | - | - | - | - | -48.25% | 624.97% | Upgrade |
Shares Outstanding (Basic) | 7 | 7 | 9 | 8 | 2 | 2 | Upgrade |
Shares Outstanding (Diluted) | 7 | 7 | 9 | 8 | 2 | 2 | Upgrade |
Shares Change (YoY) | -7.18% | -23.95% | 8.35% | 311.99% | - | - | Upgrade |
EPS (Basic) | -9.69 | -10.74 | -24.85 | -43.53 | 16.11 | 31.12 | Upgrade |
EPS (Diluted) | -9.69 | -10.74 | -24.85 | -43.53 | 16.11 | 31.12 | Upgrade |
EPS Growth | - | - | - | - | -48.25% | 624.97% | Upgrade |
Free Cash Flow | 9.23 | -5.29 | -27.1 | -10.83 | 60.66 | 46.53 | Upgrade |
Free Cash Flow Per Share | 1.26 | -0.76 | -2.96 | -1.28 | 29.61 | 22.71 | Upgrade |
Gross Margin | 18.18% | 11.30% | 11.62% | 2.31% | 14.60% | 16.69% | Upgrade |
Operating Margin | -19.79% | -25.76% | -21.39% | -18.29% | 7.38% | 8.96% | Upgrade |
Profit Margin | -22.43% | -21.71% | -56.53% | -55.26% | 4.79% | 13.40% | Upgrade |
Free Cash Flow Margin | 2.91% | -1.54% | -6.74% | -1.63% | 8.81% | 9.78% | Upgrade |
EBITDA | 12.68 | -13.09 | -10.49 | -51.95 | 59.78 | 52.92 | Upgrade |
EBITDA Margin | 4.00% | -3.81% | -2.61% | -7.81% | 8.68% | 11.12% | Upgrade |
D&A For EBITDA | 75.43 | 75.51 | 75.5 | 69.65 | 8.95 | 10.3 | Upgrade |
EBIT | -62.75 | -88.6 | -85.99 | -121.6 | 50.83 | 42.62 | Upgrade |
EBIT Margin | -19.79% | -25.76% | -21.39% | -18.29% | 7.38% | 8.96% | Upgrade |
Effective Tax Rate | - | - | - | - | 2.84% | 10.44% | Upgrade |
Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.