SYSTEM1, INC. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.75 USD | +1.16% |
|
+1.74% | -21.17% |
| May. 09 | Earnings Flash (SST) SYSTEM1 Reports Q1 Revenue $84.9M, vs. Street Est of $83.4M | MT |
| Apr. 15 | GOAI Forges Strategic Partnership with System1 to Advance Ai Media Innovation | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 698 | 644.3 | 428.9 | 209.6 | 120.4 | - |
| Enterprise Value (EV) 1 | 698 | 974.6 | 809.8 | 209.6 | 120.4 | 120.4 |
| P/E ratio | -10.3 x | -43.3 x | -1.24 x | - | - | - |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | - | 0.81 x | 0.52 x | 0.52 x | 0.32 x | 0.28 x |
| EV / Revenue | - | 0.81 x | 0.52 x | 0.52 x | 0.32 x | 0.28 x |
| EV / EBITDA | - | 7.3 x | 3.6 x | 7.18 x | 5.79 x | 3.28 x |
| EV / FCF | - | 10.6 x | - | - | -4.52 x | -10.8 x |
| FCF Yield | - | 9.41% | - | - | -22.1% | -9.28% |
| Price to Book | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 64,688 | 64,688 | 91,456 | 94,412 | 68,777 | - |
| Reference price 2 | 10.79 | 9.960 | 4.690 | 2.220 | 1.750 | 1.750 |
| Announcement Date | 9/16/21 | 4/1/22 | 6/6/23 | 3/15/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 795.5 | 826.7 | 402 | 379.4 | 434.8 |
| EBITDA 1 | - | 88.3 | 119 | 29.2 | 20.8 | 36.7 |
| EBIT 1 | - | -61.47 | -0.7 | -49.2 | -90.02 | -74.13 |
| Operating Margin | - | -7.73% | -0.08% | -12.24% | -23.72% | -17.05% |
| Earnings before Tax (EBT) | - | - | - | - | - | - |
| Net income | -85.42 | -18.51 | -373.5 | - | - | - |
| Net margin | - | -2.33% | -45.18% | - | - | - |
| EPS | -1.050 | -0.2300 | -3.770 | - | - | - |
| Free Cash Flow 1 | - | 60.66 | - | - | -26.64 | -11.17 |
| FCF margin | - | 7.63% | - | - | -7.02% | -2.57% |
| FCF Conversion (EBITDA) | - | 68.69% | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 9/16/21 | 4/1/22 | 6/6/23 | 3/15/24 | - | - |
1USD in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 201.5 | 219 | 219.8 | 201.2 | 186.9 | 167.9 | 147.2 | 87.82 | 96.12 | 83.37 | 90.3 | 98.5 | 107.3 | 93.46 |
| EBITDA 1 | 22.7 | 27.5 | 41 | 29.5 | 26.6 | 10.3 | 14.7 | - | 10 | -1.332 | 2.99 | 7.969 | 11.18 | 0.486 |
| EBIT 1 | 1.862 | 3.2 | - | -9.71 | -5.8 | -19.1 | -13.4 | - | -9.7 | -29.04 | -24.72 | -19.74 | -16.53 | -27.22 |
| Operating Margin | 0.92% | 1.46% | - | -4.83% | -3.1% | -11.38% | -9.1% | - | -10.09% | -34.83% | -27.37% | -20.04% | -15.41% | -29.12% |
| Earnings before Tax (EBT) | - | - | -31.06 | - | - | - | - | - | - | - | - | - | - | - |
| Net income | -30.56 | -76.87 | -29.2 | -31.64 | -32.89 | -33.95 | -35.23 | -131.4 | - | - | - | - | - | - |
| Net margin | -15.17% | -35.1% | -13.28% | -15.73% | -17.6% | -20.23% | -23.93% | -149.67% | - | - | - | - | - | - |
| EPS | -0.3700 | -0.3700 | -0.3300 | -0.3500 | -2.750 | -0.3700 | -0.3800 | -1.400 | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 4/1/22 | 5/12/22 | 8/11/22 | 11/10/22 | 6/6/23 | 7/3/23 | 8/9/23 | 11/9/23 | 3/15/24 | - | - | - | - | - |
1USD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net Debt | - | 330 | 381 | - | - | - |
| Net Cash position | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 3.741 x | 3.2 x | - | - | - |
| Free Cash Flow 1 | - | 60.7 | - | - | -26.6 | -11.2 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - |
| Assets | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - |
| Capex 1 | - | 0.05 | - | - | 1.74 | 1.74 |
| Capex / Sales | - | 0.01% | - | - | 0.46% | 0.4% |
| Announcement Date | 9/16/21 | 4/1/22 | 6/6/23 | 3/15/24 | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
1.75
USD
Average target price
5
USD
Spread / Average Target
+185.71%
| 1st Jan change | Capi. | |
|---|---|---|
| -21.17% | 120M | |
| -12.62% | 196B | |
| +4.40% | 172B | |
| +1.66% | 156B | |
| +5.23% | 99.43B | |
| +10.96% | 80.17B | |
| +24.53% | 75.89B | |
| -6.70% | 70.99B | |
| -21.67% | 52.69B | |
| -9.96% | 42.62B |
- Stock Market
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- SST Stock
- Financials System1, Inc.