Invezz

System1 (SST)

NYSEMarket Closed

System1, Inc. is a digital marketing and technology company that uses data science, automation and machine learning to acquire online audiences and match consumer intent with advertisers. The company operates a responsive acquisition marketing platform designed to identify traffic opportunities, route users to relevant content or search experiences, and monetise those interactions through advertising partnerships.

System1’s business spans owned-and-operated consumer websites, search properties and other digital brands across verticals such as shopping, travel, information services and general search. Its platform analyses user behaviour and advertising economics in real time, helping determine where to acquire traffic, how to optimise landing experiences and which monetisation channels can generate the best returns. This model links customer acquisition, content operations and ad monetisation in a single performance-driven system.

The company reports through Marketing and Products segments, with the Marketing segment accounting for the largest share of revenue. Its revenue base is primarily tied to digital advertising demand, search monetisation agreements, traffic acquisition costs and the effectiveness of its technology in converting paid and organic traffic into profitable user sessions. System1 operates mainly in the United States while also serving users and partners in international markets. What distinguishes the company is its focus on algorithmic marketing at scale: rather than relying only on individual media campaigns, it builds and manages digital properties that can continuously respond to consumer intent and advertiser pricing signals.

3.26USD
3.32 USD
−0.16(-4.68%)
After-hours

Last updated

Market Cap
$29,784,513
P/E
P/FCF
P/S
0.16
Enterprise Value
$281,095,513
Sector
Communication Services
Industry
Interactive Media & Services
Address
4235 REDWOOD AVENUE, MARINA DEL REY, CA, 90066
Market Cap
$29,784,513
Enterprise Value
$281,095,513
P/E
P/B
-1.12
P/S
0.16
EV / EBITDA
45.59
EV / Sales
1.55
EPS
-10.53
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$44,475,000
ROE
343.66%
ROA
-31.46%
Debt / Equity
-10.94
Current Ratio
0.77
Quick Ratio
0.77
Cash
0.35
Avg Volume
$1,022,116
Fundamentals Snapshot Price
3.42

Income Statement

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Revenue30.2M37.23M51.94M61.56M78.12M
Cost of revenue5.93M13.86M30.63M38.82M50.21M
Gross profit24.27M23.37M21.31M22.74M27.9M
Operating income-8.29M-51.04M-17.44M-15.57M-15.91M
EBITDA-558K-2.09M3.59M5.22M4.66M
Net income-12.6M-47.07M-13.48M-18.52M-17.46M
Income taxes-75K-75K-398K-543K-1.55M
Interest expense-7.12M-6.63M-6.3M-7.05M-7.12M
Other operating expenses911K36.82M000
Total operating expenses32.57M74.41M38.76M38.31M43.81M
Basic EPS-1.54-5.82-1.66-2.3-2.23
Diluted EPS-1.54-5.82-1.66-2.3-2.23

Balance Sheet

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Total assets291.37M320.33M404.97M385.16M429.25M
Total liabilities344.38M359.35M387.55M350.9M375.81M
Total equity-53M-39.02M17.42M34.26M53.44M
Cash & equivalents40.48M51.51M86.89M54.59M63.65M
Current assets89.52M111.74M149.48M116.62M141.36M
Current liabilities116.96M125.85M146.44M102.12M119.89M
Accounts payable15.14M14.29M22.02M23.07M28.06M
Receivables40.98M53.26M57.29M54.36M70.22M
Inventories00000
Goodwill82.41M82.41M82.41M82.41M82.41M
Long-term debt214.88M221.65M228.4M235.11M241.8M

Cash Flow

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Operating cash flow-2.04M-26.13M-10.64M-2.05M24.49M
Investing cash flow-1.37M-2.18M-1.63M-1.99M-1.56M
Financing cash flow-7.49M-7.74M44.41M-5.01M-2.79M
Change in cash-11.03M-36.12M32.3M-9.06M20.11M
Net income-15.33M-57.59M-17.79M-22M-21.54M
KindFilingDateLink
edgar indexEFFECT — System1, Inc.View Filing
edgar index8-K — System1, Inc.View Filing
edgar index10-Q — System1, Inc.View Filing
edgar index8-K — System1, Inc.View Filing
eight k text8-K — 8-KView Filing
eight k text8-K — 8-KView Filing
edgar indexS-3 — System1, Inc.View Filing
edgar index8-K — System1, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
edgar indexDRS — System1, Inc.View Filing
form 4Form 4 — Weinrot Daniel JView Filing
form 4Form 4 — Kidambi TridiveshView Filing
form 4Form 4 — Coppola BrianView Filing
form 4Form 4 — Sestanovich ElizabethView Filing
edgar indexS-8 — System1, Inc.View Filing
edgar indexDEF 14A — System1, Inc.View Filing
edgar indexPRE 14A — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
edgar index8-K — System1, Inc.View Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — Kidambi TridiveshView Filing
edgar index8-K — System1, Inc.View Filing
edgar index10-Q — System1, Inc.View Filing
edgar index8-K — System1, Inc.View Filing
eight k text8-K — 8-KView Filing
eight k text8-K — 8-KView Filing
edgar index10-K/A — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
form 4Form 4 — Weinrot Daniel JView Filing
form 4Form 4 — Coppola BrianView Filing
form 4Form 4 — Sestanovich ElizabethView Filing
form 4Form 4 — Kidambi TridiveshView Filing
form 4Form 4 — Kidambi TridiveshView Filing
edgar index8-K — System1, Inc.View Filing
edgar index10-K — System1, Inc.View Filing
edgar index8-K — System1, Inc.View Filing
eight k text8-K — 8-KView Filing
eight k text8-K — 8-KView Filing
ten k section10-K — businessView Filing
ten k section10-K — mdaView Filing
ten k section10-K — risk_factorsView Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
form 4Form 4 — Weinrot Daniel JView Filing
form 4Form 4 — Coppola BrianView Filing
form 4Form 4 — Sestanovich ElizabethView Filing
form 4Form 4 — Kidambi TridiveshView Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
edgar index4 — System1, Inc.View Filing
form 4Form 4 — Weinrot Daniel JView Filing
form 4Form 4 — Coppola BrianView Filing
form 4Form 4 — Sestanovich ElizabethView Filing
form 4Form 4 — Kidambi TridiveshView Filing
edgar index8-K — System1, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — System1, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — System1, Inc.View Filing
edgar indexSCHEDULE 13D/A — System1, Inc.View Filing
edgar indexSCHEDULE 13G/A — System1, Inc.View Filing
edgar indexSCHEDULE 13D/A — System1, Inc.View Filing
edgar index8-K — System1, Inc.View Filing
edgar index10-Q — System1, Inc.View Filing
edgar index8-K — System1, Inc.View Filing