System1 Inc (SST) Financials

$1.85

$-0.04 (-2.12%)

As on 26-Aug-2026 16:00EDT

Market cap

$17 Mln

Revenue (TTM)

$181 Mln

P/E Ratio

--

P/B Ratio

1.2

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	180.94	266.13	343.93	401.97	664.94	688.39
Cost of Revenue	173.63	288.30	385.18	433.65	720.04	601.75
Gross Profit	7.30	-22.17	-41.26	-31.68	-55.10	86.64
Operating Expenses	62.82	39.87	47.35	54.31	66.50	35.81
Operating Profit (EBIT)	-55.52	-62.04	-88.60	-85.99	-121.60	50.83
Other Income	--	--	--	--	--	--
Profit before Tax	-113.81	-84.07	-97.67	-131.63	-530.73	33.96
Provision for Tax	-1.09	-2.88	-0.37	-20.37	-109.31	0.97
Profit after Tax (Net Income)	-91.67	-65.35	-74.67	-222.97	-367.45	33.00
Minority Interest	21.05	15.85	22.63	58.36	--	--
Consolidated Profit	-32.00	-65.35	-74.67	-227.22	-373.46	21.03

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	-26.67	30.47	80.26	135.28	392.02	-28.40
Minority Interest	21.05	--	--	--	88.81	--
Non-Current Liabilities	227.42	241.12	269.04	349.74	478.71	8.76
Current Liabilities	116.96	146.44	105.10	86.42	211.08	276.55
Total Liabilities	408.33	404.97	459.13	605.47	1,160.46	256.91

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	201.85	255.49	324.65	403.47	1,033.95	111.12
Current Assets	89.52	149.48	134.48	202.00	126.51	145.79
Total Assets	408.33	404.97	459.13	605.47	1,160.46	256.91
Total Debt*	300.65	314.73	274.98	355.42	422.55	170.45
Net Current Assets	-27.44	3.04	29.38	115.59	-83.78	-12.89

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	-4.15	-5.26	-24.74	-7.29	60.71
Cash Flow from Investing Activities	--	-6.72	-6.26	203.18	-454.45	-6.54
Cash from Financing Activities	--	31.31	-63.96	-74.07	-27.73	-34.59
Net Cash Inflow / Outflow	--	--	--	--	5.03	--

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	-11.33	-8.08	-1.01	-2.41	-3.24	0.40
Cash EPS ($)	--	2.17	0.07	-1.27	-3.24	0.57
Adjusted Book Value ($)	--	3.77	1.09	1.46	3.46	--
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	-0.51	-0.07	-0.27	-0.06	0.74
Free Cash Flow per Share ($)	--	-0.52	-0.07	-0.35	-0.16	0.66

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	-18.66	-17.65	-34.17	-76.82	8.70
ROE (%)	--	-118.02	-69.29	-84.57	-202.11	16.18
ROA (%)	-19.15	-15.12	-14.03	-25.25	-51.85	8.51
EBIT Margin (%)	-30.68	-23.31	-25.76	-21.39	-18.29	7.38
Net Margin (%)	-50.66	-24.55	-21.71	-55.47	-55.26	4.79
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	-42.93	-0.23	-0.14	-0.40	-0.03	0.45
EBIT Growth (%)	11.53	29.98	-3.04	29.28	-339.22	19.26
Net Profit Growth (%)	-46.42	12.49	66.51	39.32	-1,213.63	210.30
EPS Growth (%)	-280.89	-6.97	0.58	0.26	-9.02	2.10
Book Value Growth (%)	-143.90	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	--	-0.49	-0.89	-0.92	-1.45	24.69
Price / Book Value	1.18	1.04	0.82	1.52	1.36	-28.68
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	10.01	12.46	-32.67	-56.10	-18.49	14.48
Close Price ($)	2.31	3.92	8.98	22.20	46.90	99.70
High Price ($)	9.30	15.00	27.30	55.80	371.00	119.90
Low Price ($)	1.35	2.90	8.10	10.40	34.54	97.21
Market Cap ($ Cr)	16.90	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	-8.06	10.33	3.43	2.63	1.08	-6.00
Short term debt to equity ratio	-2.94	2.56	0.23	0.13	0.04	-6.00
Current Ratio	0.77	1.02	1.28	2.34	0.60	0.53
Quick Ratio	0.77	--	--	2.34	0.56	0.85
Interest Coverage	-3.20	-2.25	-2.81	-1.76	-3.72	3.01

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	22.65	21.53	18.29	13.95	12.10	13.10
Asset Turnover	0.38	0.62	0.65	0.46	0.94	1.78
Receivable days	--	82.49	63.19	62.02	46.86	42.80
Inventory Days	--	--	0.00	3.82	-20.58	-27.38
Payable days	--	20.53	9.44	6.82	20.18	22.29
Cash Conversion Cycle	--	--	53.76	59.02	6.11	-6.87

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.