System1 (SST)
Connects advertising partners with high-intent customers while operating consumer utilities.
$3.50
After hours+0.11 (+3.24%)
At close$3.39(−12.63%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 88 | 96 | 85 | 95 | 89 | 76 | 75 | 78 | 62 | 52 | 37 | 30 |
| Cost of revenue | 51 | 102 | 98 | 110 | 100 | 77 | 71 | 77 | 68 | 58 | 42 | 6 |
| Gross profit | 37 | −6 | −13 | −15 | −12 | −1 | 3 | 2 | −6 | −6 | −5 | 24 |
| 58 | 12 | 13 | 14 | 10 | 10 | 17 | 18 | 10 | 11 | 10 | 33 | |
| 39 | 12 | 13 | 14 | 10 | 10 | 17 | 18 | 10 | 11 | 10 | 15 | |
| General & administrative | 39 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18 |
| Operating income | −21 | −18 | −26 | −29 | −22 | −12 | −13 | −16 | −16 | −17 | −14 | −8 |
| −6 | −15 | 12 | −6 | −8 | −7 | −7 | −7 | −7 | −1 | −43 | −7 | |
| Interest expense | 13 | 12 | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 6 | 7 | 7 |
| Other non-operating income | −7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −27 | −34 | −14 | −35 | −30 | −19 | −20 | −23 | −23 | −18 | −58 | −15 |
| Income tax expense | −1 | −10 | 0 | 0 | 1 | −1 | 0 | −2 | −1 | 0 | 0 | 0 |
| Net income from continuing operations | −26 | −24 | −14 | −35 | −31 | −18 | −20 | −22 | −22 | −18 | −58 | −15 |
| Discontinued operations | −137 | −4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −131 | −22 | −11 | −26 | −24 | −14 | −16 | −17 | −19 | −13 | −47 | −13 |
| EPS, basic | −$1.40 | −$0.29 | −$0.16 | −$0.38 | −$0.33 | −$0.19 | −$0.21 | −$2.23 | −$2.30 | −$1.67 | −$5.82 | −$1.54 |
| EPS, diluted | −$1.40 | −$0.29 | −$0.16 | −$0.38 | −$0.33 | −$0.19 | −$0.21 | −$2.23 | −$2.30 | −$1.67 | −$5.82 | −$1.54 |
| Weighted average shares, basic | 94 | 93 | 68 | 69 | 70 | 74 | 74 | 8 | 8 | 8 | 8 | 8 |
| Weighted average shares, diluted | 94 | 93 | 68 | 69 | 70 | 74 | 74 | 8 | 8 | 8 | 8 | 8 |
| EBITDA | 14 | 1 | −6 | −9 | −2 | 8 | 7 | 5 | 5 | 4 | −2 | 11 |
| Depreciation & amortization | 28 | 20 | 20 | 20 | 20 | 20 | 20 | 21 | 21 | 21 | 12 | 19 |
| EBIT | −14 | −18 | −26 | −29 | −22 | −12 | −13 | −16 | −16 | −17 | −14 | −8 |
