Invezz

System1 (SST)

NYSE Market 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.

3.32 USD
3.21 USD
−0.21 (-5.95%)
Pre-market

Last updated

Market Cap
27.06M
P/E
P/FCF
P/S
0.12
Enterprise Value
274.01M
Sector
Industry
Address
4235 REDWOOD AVENUE, MARINA DEL REY, CA, 90066
Market Cap
27.06M
Enterprise Value
274.01M
P/E
P/B
-1.75
P/S
0.12
EV / EBITDA
24.07
EV / Sales
1.2
EPS
-11.84
Dividend Yield
0.06%
P/FCF
P/CF
Free Cash Flow
-19.51M
ROE
625.84%
ROA
-30.13%
Debt / Equity
-19.35
Current Ratio
0.88
Quick Ratio
0.88
Cash
0.41
Avg Volume
2.12M
Fundamentals Snapshot Price
3.32

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 37.23M 51.94M 61.56M 78.12M 74.51M
Gross profit 23.37M 21.31M 22.74M 27.9M 28.44M
Operating income -51.04M -17.44M -15.57M -15.91M -13.13M
EBITDA -2.09M 3.59M 5.22M 4.66M 7.35M
Net income -47.07M -13.48M -18.52M -17.46M -15.88M
Basic EPS -5.82 -1.65 -2.3 -2.23 -2.14
Diluted EPS -5.82 -1.65 -2.3 -2.23 -2.14

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 320.33M 404.97M 385.16M 429.25M 419.15M
Total liabilities 359.35M 387.55M 350.9M 375.81M 351.5M
Total equity -39.02M 17.42M 34.26M 53.44M 67.66M
Cash & equivalents 51.51M 86.89M 54.59M 63.65M 43.91M
Current assets 111.24M 148.24M 115.38M 140.12M 112.94M
Current liabilities 125.85M 146.44M 102.12M 119.89M 89.68M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -26.13M -10.64M -2.05M 24.49M -15.95M
Investing cash flow -2.18M -1.63M -1.99M -1.56M -1.55M
Financing cash flow -7.74M 44.41M -5.01M -2.79M -5.3M
Change in cash -36.12M 32.3M -9.06M 20.11M -22.79M
Kind Filing Date Link
edgar index 4 — System1, Inc. View Filing
edgar index 8-K — System1, Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Kidambi Tridivesh View Filing
edgar index 8-K — System1, Inc. View Filing
edgar index 10-Q — System1, Inc. View Filing
edgar index 8-K — System1, Inc. View Filing
eight k text 8-K — 8-K View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
form 4 Form 4 — Weinrot Daniel J View Filing
form 4 Form 4 — Coppola Brian View Filing
form 4 Form 4 — Sestanovich Elizabeth View Filing
form 4 Form 4 — Kidambi Tridivesh View Filing
form 4 Form 4 — Kidambi Tridivesh View Filing
edgar index 8-K — System1, Inc. View Filing
edgar index 10-K — System1, Inc. View Filing
edgar index 8-K — System1, Inc. View Filing
eight k text 8-K — 8-K View Filing
eight k text 8-K — 8-K View Filing
ten k section 10-K — business View Filing
ten k section 10-K — mda View Filing
ten k section 10-K — risk_factors View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
form 4 Form 4 — Weinrot Daniel J View Filing
form 4 Form 4 — Coppola Brian View Filing
form 4 Form 4 — Sestanovich Elizabeth View Filing
form 4 Form 4 — Kidambi Tridivesh View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
form 4 Form 4 — Weinrot Daniel J View Filing
form 4 Form 4 — Coppola Brian View Filing
form 4 Form 4 — Sestanovich Elizabeth View Filing
form 4 Form 4 — Kidambi Tridivesh View Filing
edgar index 8-K — System1, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — System1, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — System1, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13D/A — System1, Inc. View Filing
edgar index SCHEDULE 13G/A — System1, Inc. View Filing
edgar index SCHEDULE 13D/A — System1, Inc. View Filing
edgar index 8-K — System1, Inc. View Filing
edgar index 10-Q — System1, Inc. View Filing
edgar index 8-K — System1, Inc. View Filing
eight k text 8-K — 8-K View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
form 4 Form 4 — Weinrot Daniel J View Filing
form 4 Form 4 — Coppola Brian View Filing
form 4 Form 4 — Sestanovich Elizabeth View Filing
form 4 Form 4 — Kidambi Tridivesh View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
edgar index 4 — System1, Inc. View Filing
form 4 Form 4 — Weinrot Daniel J View Filing
form 4 Form 4 — Sestanovich Elizabeth View Filing
form 4 Form 4 — Kidambi Tridivesh View Filing
form 4 Form 4 — Coppola Brian View Filing
edgar index 4 — System1, Inc. View Filing
form 4 Form 4 — CEE Holdings Trust View Filing
edgar index 4 — System1, Inc. View Filing