System1, Inc.
Industrials sector | Specialty Business Services industry
Metrics for SST
| Price | $2.85 |
|---|---|
| Shares Outstanding | 8.15M |
| All-Time Low | $2.90 |
| 52-Week Low | $2.90 |
Balance Statement Metrics
| Net Cash / Share | $0 |
|---|---|
| Net Current Assets / Share | $-30.38 |
| Net Tangible Assets / Share | $0 |
| Shares Outstanding Ave Change (Annual) | -3.4% |
| Shares Δ YoY | 11.84% |
| Avg CA Burn (Annual %) | 4.34% (as of 5-24-2026) |
| Avg CA Burn (Quarterly %) | 2.31% (as of 5-24-2026) |
Earning Metrics
| Max Earning Power / Share | $-45.46 |
|---|---|
| Adjusted Earning Power |
$-55.0
adjustedEarningPower = (Net Income / EP_MULTIPLIER) / Shares Outstanding
|
| Non-Cash Charges to Market Cap |
40.95%
nonCashChargeToMKTCAP = Non-Cash Charges / Market Capitalization
|
| Avg EBITDA (5Y) | 39.4M (as of 5-24-2026) |
| Avg EBITDA (5Q) | 5.3M (as of 5-24-2026) |
| Avg Net Income (5Y) | -51.3M (as of 5-24-2026) |
| Avg Net Income (5Q) | -22.5M (as of 5-24-2026) |
Indicators
| Dividend indicators | Value | Date |
|---|---|---|
| Current Dividend Streak | No | 5-24-2026 |
| Consecutive Years Paid | No | 5-24-2026 |
| Pays Dividend | No | 5-24-2026 |
| Income indicators | Value | Date |
|---|---|---|
| EBITDA Positive | No | 5-24-2026 |
| Net Income Positive | No | 5-24-2026 |
| Current Dividend Streak | No | 5-24-2026 |
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 7 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 |
|---|---|---|---|---|
| 2026-03-31 | Quarterly | $-26.27 | -213.1M ($-213,086,000) | 8.1M (8,112,000) |
| 2025-12-31 | Quarterly | $-26.42 | -213.7M ($-213,701,000) | 8.1M (8,088,000) |
| 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) |
Revenue History (Annual)
Revenue from income statements. Includes 4 annual.
Chart plots one annual Revenue point per report date.
| Report Date | Revenue |
|---|---|
| 2024-12-31 | 343.9M ($343,925,000) |
| 2023-12-31 | 402M ($401,971,000) |
| 2021-12-31 | 688.4M ($688,389,000) |
| 2020-12-31 | 476M ($475,977,000) |
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 |
|---|---|---|
| 2026-05-13 | 8,150,474 | +66,977 |
| 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: 254,691 shares (6.59% of float) | Days to cover: 0.27
| Date | Short Interest | Delta | Δ % |
|---|---|---|---|
| 2026-06-10 | 254,691 shares | -174,416 | -40.65% |
| 2026-05-28 | 429,107 shares | -218,693 | -33.76% |
| 2026-05-14 | 647,800 shares | +156,929 | +31.97% |
| 2026-04-27 | 490,871 shares | -778,430 | -61.33% |
| 2026-04-13 | 1,269,301 shares | +1,012,344 | +393.97% |
| 2026-03-25 | 256,957 shares | +50,795 | +24.64% |
| 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 |
|---|---|---|---|---|
| 2026-05-01 | 10,055,807 | 8,083,497 | 124.40% | $3.94 |
| 2026-04-24 | 8,690,826 | 8,083,497 | 107.51% | $3.90 |
| 2026-04-23 | 28,571,893 | 8,083,497 | 353.46% | $3.83 |
| 2026-04-20 | 11,245,637 | 8,083,497 | 139.12% | $2.68 |
| 2026-04-02 | 2,665,374 | 8,083,497 | 32.97% | $3.57 |
| 2026-04-01 | 17,240,258 | 8,083,497 | 213.28% | $5.22 |
| 2026-03-31 | 5,738,179 | 8,083,497 | 70.99% | $3.02 |
| 2026-03-30 | 14,257,693 | 8,083,497 | 176.38% | $3.14 |
| 2026-03-27 | 88,697,816 | 8,083,497 | 1097.27% | $3.32 |
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.