System1 Statistics
Total Valuation
System1 has a market cap or net worth of $37.79 million. The enterprise value is $246.79 million.
Important Dates
The last earnings date was Wednesday, November 5, 2025, after market close.
| Earnings Date | Nov 5, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
System1 has 10.00 million shares outstanding. The number of shares has increased by 4.15% in one year.
| Current Share Class | 8.13M |
| Shares Outstanding | 10.00M |
| Shares Change (YoY) | +4.15% |
| Shares Change (QoQ) | +2.99% |
| Owned by Insiders (%) | 26.61% |
| Owned by Institutions (%) | 11.65% |
| Float | 1.84M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.10 |
| Forward PS | 0.17 |
| PB Ratio | 0.72 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 5.36 |
| P/OCF Ratio | 5.33 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 13.13, with an EV/FCF ratio of 34.20.
| EV / Earnings | n/a |
| EV / Sales | 0.85 |
| EV / EBITDA | 13.13 |
| EV / EBIT | n/a |
| EV / FCF | 34.20 |
Financial Position
The company has a current ratio of 1.14, with a Debt / Equity ratio of 7.67.
| Current Ratio | 1.14 |
| Quick Ratio | 1.07 |
| Debt / Equity | 7.67 |
| Debt / EBITDA | 12.06 |
| Debt / FCF | 36.40 |
| Interest Coverage | -1.95 |
Financial Efficiency
Return on equity (ROE) is -118.78% and return on invested capital (ROIC) is -10.39%.
| Return on Equity (ROE) | -118.78% |
| Return on Assets (ROA) | -8.17% |
| Return on Invested Capital (ROIC) | -10.39% |
| Return on Capital Employed (ROCE) | -19.96% |
| Revenue Per Employee | $965,947 |
| Profits Per Employee | -$220,077 |
| Employee Count | 300 |
| Asset Turnover | 0.67 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -3.21M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -63.67% in the last 52 weeks. The beta is 1.52, so System1's price volatility has been higher than the market average.
| Beta (5Y) | 1.52 |
| 52-Week Price Change | -63.67% |
| 50-Day Moving Average | 5.90 |
| 200-Day Moving Average | 5.59 |
| Relative Strength Index (RSI) | 35.82 |
| Average Volume (20 Days) | 23,661 |
Short Selling Information
The latest short interest is 169,232, so 1.69% of the outstanding shares have been sold short.
| Short Interest | 169,232 |
| Short Previous Month | 186,307 |
| Short % of Shares Out | 1.69% |
| Short % of Float | 9.17% |
| Short Ratio (days to cover) | 6.78 |
Income Statement
In the last 12 months, System1 had revenue of $289.78 million and -$66.02 million in losses. Loss per share was -$8.68.
| Revenue | 289.78M |
| Gross Profit | 50.14M |
| Operating Income | -56.50M |
| Pretax Income | -84.63M |
| Net Income | -66.02M |
| EBITDA | 18.80M |
| EBIT | -56.50M |
| Loss Per Share | -$8.68 |
Full Income StatementBalance Sheet
The company has $54.59 million in cash and $262.70 million in debt, giving a net cash position of -$208.11 million or -$20.82 per share.
| Cash & Cash Equivalents | 54.59M |
| Total Debt | 262.70M |
| Net Cash | -208.11M |
| Net Cash Per Share | -$20.82 |
| Equity (Book Value) | 34.26M |
| Book Value Per Share | 5.27 |
| Working Capital | 14.49M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $7.26 million and capital expenditures -$46,000, giving a free cash flow of $7.22 million.
| Operating Cash Flow | 7.26M |
| Capital Expenditures | -46,000 |
| Free Cash Flow | 7.22M |
| FCF Per Share | $0.72 |
Full Cash Flow StatementMargins
Gross margin is 17.30%, with operating and profit margins of -19.50% and -22.78%.
| Gross Margin | 17.30% |
| Operating Margin | -19.50% |
| Pretax Margin | -29.20% |
| Profit Margin | -22.78% |
| EBITDA Margin | 6.49% |
| EBIT Margin | -19.50% |
| FCF Margin | 2.49% |
Dividends & Yields
System1 does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -4.15% |
| Shareholder Yield | -4.15% |
| Earnings Yield | -170.67% |
| FCF Yield | 18.66% |
Dividend DetailsAnalyst Forecast
The average price target for System1 is $10.00, which is 164.55% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $10.00 |
| Price Target Difference | 164.55% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on June 12, 2025. It was a reverse split with a ratio of 1:10.
| Last Split Date | Jun 12, 2025 |
| Split Type | Reverse |
| Split Ratio | 1:10 |
Scores
System1 has an Altman Z-Score of -2.63 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -2.63 |
| Piotroski F-Score | 5 |
