System1, Inc.

SST - Financial Snapshot

Metrics for SST

Price $1.73
Shares Outstanding 8.08M
All-Time Low $2.90
52-Week Low $2.90

Balance Statement Metrics

Net Cash / Share $0
cashValuePerShare = (Cash + Short Term Investments - Total Liabilities) / Shares Outstanding
Net Current Assets / Share $-28.98
netCurrentAssetsPerShare = (Current Assets - Total Liabilities) / Shares Outstanding
Net Tangible Assets / Share $0
netTangibleAssetsPerShare = (Total Assets - Intangibles - Total Liabilities) / Shares Outstanding
Shares Outstanding Ave Change (Annual) -3.4%
Shares Δ YoY 11.84%
Avg CA Burn (Annual %) 4.34% (as of 2-20-2026)
Avg CA Burn (Quarterly %) -2.33% (as of 2-20-2026)

Earning Metrics

Max Earning Power / Share $6.24
maxEarningPowerPerShare = (EBITDA / EP_MULTIPLIER) / Shares Outstanding
Adjusted Earning Power $-21.82
adjustedEarningPower = (Net Income / EP_MULTIPLIER) / Shares Outstanding
Non-Cash Charges to Market Cap 120.19%
nonCashChargeToMKTCAP = Non-Cash Charges / Market Capitalization
Avg EBITDA (5Y) 39.4M (as of 2-20-2026)
Avg EBITDA (5Q) 5.3M (as of 2-20-2026)
Avg Net Income (5Y) -51.3M (as of 2-20-2026)
Avg Net Income (5Q) -17.9M (as of 2-20-2026)
Data as of: Price 03-20-26 16:00 ET, Balance Sheet 2025-09-30, Income Statement 2025-09-30, Cash Flow 2025-09-30

Indicators

Dividend indicators Value Date
Current Dividend Streak No 2-20-2026
Consecutive Years Paid No 2-20-2026
Pays Dividend No 2-20-2026
Income indicators Value Date
EBITDA Positive Yes 2-20-2026
Net Income Positive No 2-20-2026
Current Dividend Streak No 2-20-2026

Metric History Explorer

Pick a metric to view its history table and chart.

Tangible Book Value Per Share History

Formula: Tangible Book Value / shares from balance statements. Includes 5 quarterly + 4 annual.

Chart plots one TBV / Share point per report date (duplicate same-date annual/quarterly rows are merged).

Report Date Period TBV / Share Tangible Book Value Shares Used
2025-09-30 Quarterly $-27.24 -220.6M ($-220,608,000) 8.1M (8,100,000)
2025-06-30 Quarterly $-27.93 -223.8M ($-223,765,000) 8M (8,011,882)
2025-03-31 Quarterly $-31.18 -233.4M ($-233,384,000) 7.5M (7,485,500)
2024-12-31 Quarterly $-32.44 -238.9M ($-238,920,000) 7.4M (7,365,300)
2024-12-31 Annual $-32.44 -238.9M ($-238,920,000) 7.4M (7,365,300)
2024-09-30 Quarterly $-35.10 -247.3M ($-247,330,000) 7M (7,046,000)
2023-12-31 Annual $-38.81 -255.6M ($-255,555,000) 6.6M (6,585,500)
2022-12-31 Annual $-7.53 -69M ($-68,995,000) 9.2M (9,167,400)
2021-12-31 Annual $-16.50 -134.8M ($-134,802,000) 8.2M (8,169,661)

Dividend Payments

Historical cash dividends per share from Yahoo ex-dividend dates.

Date Dividend / Share
No dividend payment history available yet

Shares Outstanding Changes

Date Shares Outstanding Delta
2026-03-17 8,083,497 -44,824
2025-11-07 8,128,321 +82,776
2025-09-22 8,045,545 +5
2025-08-13 8,045,540 +33,660

Short Interest Changes

Latest short-interest change: 206,162 shares (6.25% of float) | Days to cover: 31.43

Date Short Interest Delta Δ %
2026-03-11 206,162 shares +13,703 +7.12%
2026-02-26 192,459 shares +1,139 +0.60%
2026-02-11 191,320 shares -2,679 -1.38%

Interesting Volume Days

Volume/ratio use shares outstanding as of the event date (frozen).

Date Volume Shares Outstanding Volume / Shares Price
No interesting volume events

System1, Inc. provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States and internationally. It operates in two segments: Owned and Operated Advertising, and Partner Network. The company engages in the provision of acquiring traffic to its owned and operated websites, as well as revenue-sharing arrangements and related services. It also operates MapQuest, a web-based navigation service that delivers turn-by-turn direction services to users; Info.com, a metasearch engine that consumers can use to search for relevant information; HowStuffWorks, a commercial website focused on helping people solve problems in their daily lives by using various types of digital media to easily breakdown and explain complex concepts, topics, terminology, and mechanisms; Startpage, a private search engine that allows users to browse and search the Internet in complete privacy; and CouponFollow, a coupon destinations for online shoppers, as well as ActiveBeat and Infospace. In addition, the company offers antivirus software solutions, which provide customers a single packaged solution that offers protection and reporting to the end users. The company is based in Los Angeles, California.