System1 Inc

System1 Inc

SST · NYSE · Industrials / Specialty Business Services

0.9801USD-0.69 (-41.31%)

Price History

Full chart

Market Stats

Previous Close1.67
Open1.08
Day Range0.6013 – 1.08
52-Week Range1.35 – 9.30
Volume1.44M
Market Cap24.56M
P/E (TTM)0.00
Forward P/E0.00
EPS-11.29
Dividend Yield0.00%
Beta1.58
50-Day Avg2.43
200-Day Avg3.11

About

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.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Business Services
  • CEOMr. Michael L. Blend
  • Employees250
  • Headquarters4235 Redwood Avenue, Los Angeles, CA, United States, 90066, USA
  • Websitehttps://system1.com

Leadership

  • Mr. Michael L. BlendCEO & Chairman · b. 1967
  • Mr. Charles UrsiniCo-Founder, President, COO & Director · b. 1976
  • Mr. Tridivesh KidambiChief Financial Officer · b. 1982
  • Mr. Marc MezzaccaPresident of CouponFollow
  • Mr. Chris TestaChief Technology Officer
  • Mr. Daniel J. WeinrotGeneral Counsel & Corporate Secretary · b. 1974
  • Ms. Elizabeth SestanovichChief People Officer · b. 1965
  • Mr. Brian CoppolaChief Ad Operations Officer · b. 1973
  • Avi RajuChief Product Officer
  • Kyle OstgaardVice President of Finance

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue265.53M407.49M475.98M688.39M664.94M401.97M343.93M266.13M
Growth (%)-+53.46%+16.81%+44.63%-3.41%-39.55%-14.44%-22.62%
Cost of Revenue171.03M275.77M341.00M601.75M720.04M433.65M385.18M288.30M
Gross Profit94.50M131.72M134.98M86.64M-55.10M-31.68M-41.26M-22.17M
Gross Margin35.59%32.33%28.36%12.59%-8.29%-7.88%-12.00%-8.33%
Operating Expense71.84M79.59M135.79M35.81M66.50M54.31M47.35M39.87M
Operating Income22.66M52.13M-806.03K50.83M-121.60M-85.99M-88.60M-62.04M
Operating Margin8.54%12.79%-0.17%7.38%-18.29%-21.39%-25.76%-23.31%
EBITDA25.46M62.23M-806.03K64.72M-51.13M-7.59M-8.49M20.82M
EBITDA Margin9.59%15.27%-0.17%9.40%-7.69%-1.89%-2.47%7.82%
Net Income-20.95M8.79M-29.91M33.00M-367.45M-222.97M-74.67M-65.34M
Net Income Margin-7.89%2.16%-6.28%4.79%-55.26%-55.47%-21.71%-24.55%
R&D---4.93M822.00K2.98M2.98M-
R&D as % of Total Revenue---0.72%0.12%0.74%0.87%-
Interest Expense18.98M26.03M24.35M16.87M32.66M48.74M31.56M27.56M
Interest Expense % of Total Revenue7.15%6.39%5.12%2.45%4.91%12.13%9.18%10.35%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-313.12M518.55M256.91M1.16B605.47M459.13M404.97M
Total Liabilities-379.19M82.39M285.31M689.78M436.15M374.13M387.55M
Total Equity--68.49M436.17M-28.40M392.02M135.28M80.26M30.47M
Cash-31.89M843.64K47.90M8.90M135.34M63.61M86.89M
Total Debt-254.73M179.97M170.45M422.55M355.42M274.98M314.73M
Net Debt-222.85M179.13M122.56M413.64M220.07M211.37M227.84M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow17.28M32.71M46.55M60.70M-7.29M-24.74M-5.25M-4.15M
Investing Cash Flow-79.83M-42.76M68.17M-6.54M-454.45M203.18M-6.25M-6.72M
Financing Cash Flow69.60M26.15M-128.07M-34.59M-27.73M-74.07M-63.96M31.30M
Capital Expenditure5.29M6.70M6.13M6.54M10.38M7.96M31.00K46.00K
Free Cash Flow11.99M26.02M40.42M54.17M-17.66M-32.70M-5.29M-4.19M
Dividends Paid6.02M8.65M46.55M14.58M1.51M97.00K27.00K32.00K
FCF to OCF69.40%79.53%86.83%89.23%242.41%132.17%100.59%101.11%
Dividend Paid to FCF50.22%33.27%115.16%26.91%-8.56%-0.30%-0.51%-0.76%

Earnings

Report DateJun 18, 2020Aug 14, 2020Nov 12, 2020Dec 31, 2020Jun 23, 2021Aug 23, 2021Nov 16, 2021Mar 31, 2022May 12, 2022Aug 15, 2022Nov 14, 2022Mar 16, 2023Jun 6, 2023Jul 3, 2023Nov 9, 2023Mar 15, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Mar 10, 2025May 6, 2025Aug 7, 2025Nov 5, 2025Mar 11, 2026May 13, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.000.00----0.04-0.072.601.45-1.20-0.37-0.37-2.10-5.20-0.33-5.10-4.20-2.90-0.23-3.50-0.29-0.31-2.02--1.96-
EPS Actual0.000.00-0.00-4.59-0.010.320.05-0.06-6.50-2.49-1.11-0.30-0.30-2.03-14.00-0.21-4.12-3.06-2.43-0.23-1.90-2.23-2.30-1.93-5.82-1.54-
Surprise------25.00%14.29%-350.00%-271.72%7.50%18.92%18.92%3.33%-169.23%36.36%19.22%27.14%16.21%0.00%45.71%-668.97%-641.94%4.46%-21.43%-
Timing----After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hours-

Key Statistics & Ratios

Market Cap24.56M
Enterprise Value290.38M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.14
Price / Book1.18
EPS-11.29
Book Value-3.25
Revenue (TTM)180.94M
Gross Profit (TTM)12.33M
EBITDA-2.59M
Profit Margin-50.66%
Operating Margin-17.15%
Return on Equity-51235.46%
Return on Assets-9.47%
Shares Outstanding8.71M
Shares Float5.70M
Beta1.58
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 1 analystsTarget 6.50
  • Strong Buy
    1

Ownership Breakdown

Institutions
7.07%
Insiders
68.49%
Retail / Other
24.44%

Top Institutional Holders

  • Bank of America Corp
    161.52K1.85%
  • HPM Partners LLC
    116.84K1.34%
  • Crescent Grove Advisors, LLC
    75.55K0.87%
  • Vanguard Capital Management, LLC
    37.13K0.43%
  • BlackRock Inc
    24.25K0.28%
  • Geode Capital Management, LLC
    23.84K0.27%
  • Nine Masts Capital Limited
    18.55K0.21%
  • Renaissance Technologies Corp
    18.32K0.21%
  • LEONTEQ SECURITIES AG
    12.50K0.14%
  • State Street Corp
    11.50K0.13%
  • Vanguard Fiduciary Trust Co
    9.14K0.10%
  • Tower Research Capital LLC
    7.33K0.08%
  • JPMorgan Chase & Co
    5.89K0.07%
  • UBS Group AG
    1.32K0.02%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    107.51K1.23%
  • iShares Micro-Cap ETF
    17.79K0.20%
  • EA Bridgeway Ultra-Small Company Mkt ETF
    7.05K0.08%
  • Fidelity Extended Market Index
    5.76K0.07%
  • Fidelity Total Market Index
    3.63K0.04%
  • Fidelity Series Total Market Index
    1.73K0.02%

Stock Splits

  • Jun 12, 20251:10