System1 Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 13, 2026	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
Market Capitalization	33	64	210	429	644	698
Market Cap Growth	-30.97%	-69.70%	-51.13%	-33.43%	-7.69%	-
Enterprise Value	241	287	652	1,001	780	-
Last Close Price	3.32	8.98	22.20	46.90	99.60	107.90
PE Ratio	-	-	-	-	19.53	10.95
Forward PE	-	-	-	-	71.14	-
PS Ratio	0.09	0.19	0.52	0.65	0.94	1.47
PB Ratio	0.63	0.75	1.24	0.91	-22.68	-14.47
P/FCF Ratio	4.60	-	-	-	10.62	15.00
P/OCF Ratio	4.57	-	-	-	10.61	15.00
EV/Sales Ratio	0.83	0.83	1.62	1.51	1.13	-
EV/EBITDA Ratio	12.84	-	-	-	13.05	-
EV/EBIT Ratio	-	-	-	-	15.34	-
EV/FCF Ratio	33.43	-	-	-	12.86	-
Debt / Equity Ratio	7.67	3.24	2.10	0.90	-6.00	-3.73
Debt / EBITDA Ratio	12.06	-	-	-	2.85	3.40
Debt / FCF Ratio	36.40	-	-	-	2.81	3.87
Net Debt / Equity Ratio	6.07	2.49	1.30	0.88	-4.32	-3.13
Net Debt / EBITDA Ratio	11.07	-16.15	-20.98	-7.96	2.05	2.85
Net Debt / FCF Ratio	28.84	-39.99	-8.12	-38.19	2.02	3.24
Asset Turnover	0.67	0.65	0.46	0.94	2.90	1.79
Quick Ratio	1.07	1.20	2.22	0.42	0.50	1.24
Current Ratio	1.14	1.28	2.34	0.60	0.53	1.28
Return on Equity (ROE)	-118.78%	-76.52%	-34.77%	-190.57%	-	-
Return on Assets (ROA)	-8.17%	-10.40%	-6.09%	-10.72%	13.36%	10.02%
Return on Invested Capital (ROIC)	-22.62%	-25.84%	-13.50%	-24.85%	50.17%	29.42%
Return on Capital Employed (ROCE)	-20.00%	-25.00%	-16.60%	-12.80%	-258.80%	30.80%
Earnings Yield	-198.91%	-117.57%	-108.41%	-85.67%	5.12%	9.13%
FCF Yield	21.74%	-8.32%	-12.93%	-2.53%	9.41%	6.67%
Payout Ratio	-	-	-	-	44.18%	27.88%
Buyback Yield / Dilution	-4.15%	23.95%	-8.35%	-311.99%	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q