System1, Inc. financial data

Symbol
SST, SST-WT on NYSE
Industry
Services-Computer Programming, Data Processing, Etc.
Location
4235 Redwood Avenue, Marina Del Rey, CA
Fiscal year end
December 31
Former names
Trebia Acquisition Corp. (to 1/26/2022)
Latest financial report
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 171 % +259%
Debt-to-equity 333 % +56.3%
Return On Equity -62.8 % -6.75%
Return On Assets -16.7 % +21.5%
Operating Margin -26.3 % +0.15%

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 70M shares -25.8%
Weighted Average Number of Shares Outstanding, Diluted 70M shares -25.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 364M USD -2.89%
Operating Income (Loss) -95.8M USD +3.05%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -113M USD +12.1%
Income Tax Expense (Benefit) -8.4M USD +76.3%
Net Income (Loss) Attributable to Parent -88.1M USD +61.1%
Earnings Per Share, Basic -1.24 USD/shares +49%
Earnings Per Share, Diluted -1.24 USD/shares +48.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 69.1M USD +1324%
Accounts Receivable, after Allowance for Credit Loss, Current 57.6M USD -3.02%
Assets, Current 135M USD +49.4%
Property, Plant and Equipment, Net 2.43M USD -24.9%
Operating Lease, Right-of-Use Asset 3.3M USD -36%
Intangible Assets, Net (Excluding Goodwill) 241M USD -23.7%
Goodwill 82.4M USD 0%
Other Assets, Noncurrent 365K USD -36.7%
Assets 479M USD -48.3%
Accounts Payable, Current 9.42M USD
Employee-related Liabilities, Current 14M USD +29.3%
Contract with Customer, Liability, Current 80.5M USD +17.7%
Liabilities, Current 99.2M USD -58.3%
Long-term Debt and Lease Obligation 259M USD -33.2%
Deferred Income Tax Liabilities, Net 6.73M USD -55.2%
Operating Lease, Liability, Noncurrent 1.82M USD -56%
Other Liabilities, Noncurrent 8.3M USD +209%
Liabilities 376M USD -45.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -262K USD +39.8%
Retained Earnings (Accumulated Deficit) -768M USD -18.9%
Stockholders' Equity Attributable to Parent 90.3M USD -55.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 103M USD -57.2%
Liabilities and Equity 479M USD -48.3%

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 73.6M USD +194%
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 -88.1M USD +61.1%
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 2.33M USD +2.01%
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 859M USD +1.1%
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 17M USD -43.6%
Interest Expense 45.3M USD +18.5%