System1, Inc.

SST · NYSE
Analyze with AI
9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$61,561$78,115$74,513$75,595
% Growth-21.2%4.8%-1.4%
Cost of Goods Sold$38,819$50,212$46,077$30,894
Gross Profit$22,742$27,903$28,436$44,701
% Margin36.9%35.7%38.2%59.1%
R&D Expenses$0$0$0$0
G&A Expenses$38,307$43,808$41,562$36,372
SG&A Expenses$38,307$43,808$41,562$36,372
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$0$0$0$20,232
Operating Expenses$38,307$43,808$41,562$56,604
Operating Income-$15,565-$15,905-$13,126-$11,903
% Margin-25.3%-20.4%-17.6%-15.7%
Other Income/Exp. Net-$6,981-$7,184-$7,117-$6,849
Pre-Tax Income-$22,546-$23,089-$20,243-$18,752
Tax Expense-$543-$1,547-$387-$729
Net Income-$18,516-$17,463-$15,883-$14,161
% Margin-30.1%-22.4%-21.3%-18.7%
EPS-2.3-2.23-0.21-0.19
% Growth-3.1%-961.9%-10.5%
EPS Diluted-2.3-2.23-0.21-0.19
Weighted Avg Shares Out8,0547,82074,38973,653
Weighted Avg Shares Out Dil8,0547,82074,38973,653
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$7,052$7,116$7,085$7,764
Depreciation & Amortization$20,789$20,566$20,477$20,232
EBITDA$5,295$4,593$7,319$9,244
% Margin8.6%5.9%9.8%12.2%