System1, Inc. financial data

Symbol
SST, SST-WT on NYSE
Industry
Services-Computer Programming, Data Processing, Etc.
Location
4235 Redwood Avenue, Marina Del Rey, California
Fiscal year end
December 31
Former names
Trebia Acquisition Corp. (to 1/26/2022)
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 115 % +113%
Debt-to-equity 322 % +74.9%
Return On Equity -112 % -51.4%
Return On Assets -30.6 % -3.49%
Operating Margin -26.1 % +73.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 91.5M shares
Common Stock, Shares, Outstanding 21.2M shares
Entity Public Float 119M USD -100%
Weighted Average Number of Shares Outstanding, Basic 69.4M shares -26%
Weighted Average Number of Shares Outstanding, Diluted 69.4M shares -26%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 363M USD -18.2%
Operating Income (Loss) -94.8M USD +78.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -110M USD +76.6%
Income Tax Expense (Benefit) -10.1M USD +90.3%
Net Income (Loss) Attributable to Parent -196M USD +41.8%
Earnings Per Share, Basic -2.29 USD/shares +38.1%
Earnings Per Share, Diluted -2.29 USD/shares +37.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 75.7M USD +390%
Accounts Receivable, after Allowance for Credit Loss, Current 61.9M USD -1.39%
Assets, Current 149M USD +56.2%
Property, Plant and Equipment, Net 2.61M USD -48.2%
Operating Lease, Right-of-Use Asset 3.76M USD -33.3%
Intangible Assets, Net (Excluding Goodwill) 260M USD -40.6%
Goodwill 82.4M USD -84%
Other Assets, Noncurrent 444K USD -87.3%
Assets 511M USD -52.6%
Accounts Payable, Current 6.25M USD
Employee-related Liabilities, Current 11.4M USD +1.56%
Contract with Customer, Liability, Current 80.5M USD +17.7%
Liabilities, Current 102M USD -51.5%
Long-term Debt and Lease Obligation 263M USD -32.8%
Deferred Income Tax Liabilities, Net 7.04M USD -76.4%
Operating Lease, Liability, Noncurrent 2.34M USD -51%
Other Liabilities, Noncurrent 6.68M USD -6.25%
Liabilities 382M USD -43.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -295K USD -9.26%
Retained Earnings (Accumulated Deficit) -745M USD -44.6%
Stockholders' Equity Attributable to Parent 109M USD -66.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 129M USD -67.4%
Liabilities and Equity 511M USD -52.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -16M USD -176%
Net Cash Provided by (Used in) Financing Activities -48.2M USD -427%
Net Cash Provided by (Used in) Investing Activities -1.62M USD +32.2%
Common Stock, Shares Authorized 25M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -65.8M USD -279%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 80.3M USD +207%
Interest Paid, Excluding Capitalized Interest, Operating Activities 8.23M USD
Deferred Tax Assets, Valuation Allowance 22.7M USD +1984%
Deferred Tax Assets, Gross 23.1M USD +381%
Operating Lease, Liability 5.92M USD -26.3%
Depreciation 500K USD -219%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -196M USD +41.7%
Lessee, Operating Lease, Liability, to be Paid 6.66M USD -27%
Property, Plant and Equipment, Gross 4.25M USD +18.5%
Operating Lease, Liability, Current 2.39M USD +6.33%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.24M USD -13.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.59M USD +3.07%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -656K USD +91.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 740K USD -32.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 278K USD -87.6%
Deferred Tax Assets, Operating Loss Carryforwards 6.36M USD +191%
Unrecognized Tax Benefits 1.85M USD +212%
Lessee, Operating Lease, Liability, to be Paid, Year Four 282K USD +3.68%
Additional Paid in Capital 854M USD +1.42%
Amortization of Intangible Assets 74.7M USD +42.9%
Depreciation, Depletion and Amortization 87.2M USD +831%
Deferred Tax Assets, Net of Valuation Allowance 408K USD -89%
Share-based Payment Arrangement, Expense 18.5M USD -43.5%
Interest Expense 45.3M USD +18.5%