System1, Inc.

SST · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$344$402$665$688
% Growth-14.4%-39.5%-3.4%
Cost of Goods Sold$192$355$650$602
Gross Profit$152$47$15$87
% Margin44.3%11.6%2.3%12.6%
R&D Expenses$0$3$1$5
G&A Expenses$161$0$0$0
SG&A Expenses$47$54$66$36
Sales & Mktg Exp.-$114$54$0$36
Other Operating Expenses$194$75$442-$5
Operating Expenses$241$133$510$36
Operating Income-$89-$86-$494$51
% Margin-25.8%-21.4%-74.3%7.4%
Other Income/Exp. Net-$9-$46$182-$17
Pre-Tax Income-$98-$132-$312$34
Tax Expense-$0-$20$109$1
Net Income-$75-$227-$367$33
% Margin-21.7%-56.5%-55.3%4.8%
EPS-1.07-2.44-3.810.4
% Growth56.1%36%-1,052.5%
EPS Diluted-1.07-2.44-3.810.4
Weighted Avg Shares Out70919284
Weighted Avg Shares Out Dil70919284
Supplemental Information
Interest Income$0$0$33$0
Interest Expense$32$49$17$17
Depreciation & Amortization$80$78$70$14
EBITDA$14-$4-$52$65
% Margin4.1%-1.1%-7.8%9.4%