image
Industrials - Specialty Business Services - NYSE - US
$ 0.9525
-10.1 %
$ 87.5 M
Market Cap
-0.86
P/E
1. INTRINSIC VALUE

System1, Inc. develops technology and data science to operate responsive acquisition marketing platform. The company also operates a real-time coupon code search engine and directory that offers coupon destinations for online shoppers. It serves customers in the areas of health, subscription, finance, insurance, business and technology, travel, auto, and other direct-to-consumer businesses. The company was founded in 2013 and is based in Los Angeles, California.[ Read More ]

The intrinsic value of one SST stock under the base case scenario is HIDDEN Compared to the current market price of 0.953 USD, System1, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SST

image
FINANCIALS
402 M REVENUE
-51.37%
-86 M OPERATING INCOME
-169.17%
-174 M NET INCOME
45.79%
-24.7 M OPERATING CASH FLOW
-239.58%
203 M INVESTING CASH FLOW
144.71%
-74.1 M FINANCING CASH FLOW
-167.13%
88.8 M REVENUE
-6.08%
-21.8 M OPERATING INCOME
24.99%
-42.4 M NET INCOME
-60.64%
-5 K OPERATING CASH FLOW
-0.05%
-1.74 M INVESTING CASH FLOW
-9.27%
-5.02 M FINANCING CASH FLOW
13.00%
Balance Sheet Decomposition System1, Inc.
image
Current Assets 202 M
Cash & Short-Term Investments 135 M
Receivables 56.1 M
Other Current Assets 10.6 M
Non-Current Assets 403 M
Long-Term Investments 0
PP&E 7.82 M
Other Non-Current Assets 396 M
Current Liabilities 86.4 M
Accounts Payable 9.5 M
Short-Term Debt 17.6 M
Other Current Liabilities 59.3 M
Non-Current Liabilities 350 M
Long-Term Debt 338 M
Other Non-Current Liabilities 11.9 M
EFFICIENCY
Earnings Waterfall System1, Inc.
image
Revenue 402 M
Cost Of Revenue 355 M
Gross Profit 46.7 M
Operating Expenses 239 M
Operating Income -86 M
Other Expenses 88.3 M
Net Income -174 M
RATIOS
11.62% GROSS MARGIN
11.62%
-21.39% OPERATING MARGIN
-21.39%
-56.53% NET MARGIN
-56.53%
-167.97% ROE
-167.97%
-37.53% ROA
-37.53%
-14.99% ROIC
-14.99%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis System1, Inc.
image
Net Income -174 M
Depreciation & Amortization 105 M
Capital Expenditures -7.96 M
Stock-Based Compensation 53.1 M
Change in Working Capital -5.16 M
Others -439 K
Free Cash Flow -32.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets System1, Inc.
image
SST has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.03% DIVIDEND YIELD
0.03 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership System1, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
15.4 M USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
136 K USD 1
0-3 MONTHS
619 K USD 1
3-6 MONTHS
16.5 K USD 1
6-9 MONTHS
2.5 M USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 16, 2024
Bought 10.4 K USD
CEE Holdings Trust
10 percent owner
+ 8412
1.24 USD
2 months ago
Sep 12, 2024
Bought 4.18 K USD
CEE Holdings Trust
10 percent owner
+ 3372
1.24 USD
2 months ago
Sep 11, 2024
Bought 4.84 K USD
CEE Holdings Trust
10 percent owner
+ 4034
1.2 USD
2 months ago
Sep 10, 2024
Bought 5.24 K USD
CEE Holdings Trust
10 percent owner
+ 4407
1.19 USD
2 months ago
Sep 09, 2024
Bought 2.61 K USD
CEE Holdings Trust
10 percent owner
+ 2196
1.19 USD
2 months ago
Sep 06, 2024
Bought 14 K USD
CEE Holdings Trust
10 percent owner
+ 11507
1.22 USD
2 months ago
Sep 05, 2024
Bought 5.31 K USD
CEE Holdings Trust
10 percent owner
+ 4352
1.22 USD
2 months ago
Sep 04, 2024
Bought 10.6 K USD
CEE Holdings Trust
10 percent owner
+ 8547
1.24 USD
2 months ago
Sep 03, 2024
Bought 1.97 K USD
CEE Holdings Trust
10 percent owner
+ 1601
1.23 USD
2 months ago
Aug 30, 2024
Bought 18.9 K USD
CEE Holdings Trust
10 percent owner
+ 15205
1.24 USD
2 months ago
Aug 23, 2024
Bought 45.3 K USD
CEE Holdings Trust
10 percent owner
+ 37477
1.21 USD
2 months ago
Aug 21, 2024
Bought 11 K USD
CEE Holdings Trust
10 percent owner
+ 8896
1.24 USD
2 months ago
Aug 20, 2024
Bought 1.88 K USD
CEE Holdings Trust
10 percent owner
+ 1500
1.25 USD
3 months ago
Aug 16, 2024
Bought 14.7 K USD
CEE Holdings Trust
10 percent owner
+ 11963
1.23 USD
3 months ago
Aug 15, 2024
Bought 15.3 K USD
CEE Holdings Trust
10 percent owner
+ 14142
1.08 USD
3 months ago
Aug 14, 2024
Bought 4.65 K USD
CEE Holdings Trust
10 percent owner
+ 4384
1.06 USD
3 months ago
Aug 13, 2024
Bought 1.06 K USD
CEE Holdings Trust
10 percent owner
+ 965
1.1 USD
4 months ago
Jul 11, 2024
Bought 9.79 K USD
CEE Holdings Trust
10 percent owner
+ 6749
1.45 USD
4 months ago
Jul 10, 2024
Bought 96.1 K USD
CEE Holdings Trust
10 percent owner
+ 67186
1.43 USD
4 months ago
Jul 09, 2024
Bought 66.1 K USD
CEE Holdings Trust
10 percent owner
+ 45616
1.45 USD
4 months ago
Jul 05, 2024
Bought 3.41 K USD
CEE Holdings Trust
10 percent owner
+ 2355
1.45 USD
4 months ago
Jul 03, 2024
Bought 360 USD
CEE Holdings Trust
10 percent owner
+ 248
1.45 USD
4 months ago
Jul 02, 2024
Bought 107 K USD
CEE Holdings Trust
10 percent owner
+ 75106
1.43 USD
4 months ago
Jul 01, 2024
Bought 95.5 K USD
CEE Holdings Trust
10 percent owner
+ 66290
1.44 USD
4 months ago
Jun 28, 2024
Bought 33.5 K USD
CEE Holdings Trust
10 percent owner
+ 23136
1.45 USD
4 months ago
Jun 27, 2024
Bought 70.2 K USD
CEE Holdings Trust
10 percent owner
+ 50154
1.4 USD
4 months ago
Jun 26, 2024
Bought 62.8 K USD
CEE Holdings Trust
10 percent owner
+ 43307
1.45 USD
4 months ago
Jun 25, 2024
Bought 26.2 K USD
CEE Holdings Trust
10 percent owner
+ 18305
1.43 USD
5 months ago
Jun 17, 2024
Sell 7.16 M USD
Lone Star Friends Trust
10 percent owner
- 4775000
1.5 USD
4 months ago
Jun 24, 2024
Bought 1.74 K USD
CEE Holdings Trust
10 percent owner
+ 1200
1.45 USD
4 months ago
Jun 21, 2024
Bought 6.38 K USD
CEE Holdings Trust
10 percent owner
+ 4431
1.44 USD
4 months ago
Jun 20, 2024
Bought 3.45 K USD
CEE Holdings Trust
10 percent owner
+ 2382
1.45 USD
5 months ago
Jun 17, 2024
Sell 1.09 M USD
Blend L Michael
CEO & Chairman
- 725000
1.5 USD
5 months ago
Jun 17, 2024
Sell 7.16 M USD
Lone Star Friends Trust
10 percent owner
- 4775000
1.5 USD
8 months ago
Mar 19, 2024
Bought 348 USD
Blend Stanley
10 percent owner
+ 245
1.42 USD
8 months ago
Mar 15, 2024
Bought 16.1 K USD
Blend Stanley
10 percent owner
+ 11368
1.42 USD
11 months ago
Dec 15, 2023
Bought 1.25 M USD
Blend Stanley
10 percent owner
+ 880281
1.42 USD
11 months ago
Dec 15, 2023
Bought 1.25 M USD
Blend Stanley
10 percent owner
+ 880000
1.42 USD
1 year ago
Sep 06, 2023
Sell 204 K USD
Cannae Holdings, Inc.
10 percent owner
- 110000
1.85 USD
1 year ago
Dec 07, 2022
Bought 10.4 K USD
Lone Star Friends Trust
Director
+ 2146
4.85 USD
1 year ago
Nov 30, 2022
Bought 31 K USD
Lone Star Friends Trust
Director
+ 6114
5.07 USD
1 year ago
Nov 29, 2022
Bought 102 K USD
Lone Star Friends Trust
Director
+ 20273
5.05 USD
1 year ago
Nov 25, 2022
Bought 25 K USD
Lone Star Friends Trust
Director
+ 5000
5.01 USD
1 year ago
Nov 22, 2022
Bought 58.9 K USD
Lone Star Friends Trust
Director
+ 11804
4.99 USD
1 year ago
Nov 21, 2022
Bought 138 K USD
Lone Star Friends Trust
Director
+ 27660
5 USD
2 years ago
Nov 14, 2022
Bought 70 K USD
Kidambi Tridivesh
Chief Financial Officer
+ 15942
4.39 USD
2 years ago
Nov 16, 2022
Bought 46.2 K USD
Lone Star Friends Trust
Director
+ 9258
4.99 USD
2 years ago
Nov 15, 2022
Bought 57.7 K USD
Lone Star Friends Trust
Director
+ 12078
4.78 USD
2 years ago
Nov 14, 2022
Bought 39.8 K USD
Lone Star Friends Trust
Director
+ 9200
4.33 USD
2 years ago
Sep 07, 2022
Sell 277 K USD
Phillips Christopher Stephen
director, 10 percent owner:
- 23842
11.61 USD
2 years ago
Sep 07, 2022
Sell 13 M USD
Just Develop It Ltd
director:
- 1296200
10 USD
2 years ago
Sep 09, 2022
Sell 13 M USD
Phillips Christopher Stephen
director, 10 percent owner:
- 1296200
10 USD
2 years ago
Aug 31, 2022
Sell 237 K USD
Phillips Christopher Stephen
director, 10 percent owner:
- 21087
11.25 USD
2 years ago
Sep 01, 2022
Sell 768 K USD
Phillips Christopher Stephen
director, 10 percent owner:
- 67247
11.42 USD
2 years ago
Sep 02, 2022
Sell 1.9 M USD
Phillips Christopher Stephen
director, 10 percent owner:
- 165400
11.49 USD
2 years ago
Aug 31, 2022
Sell 1.9 M USD
Just Develop It Ltd
director:
- 165400
11.49 USD
2 years ago
Aug 24, 2022
Sell 582 K USD
Phillips Christopher Stephen
director, 10 percent owner:
- 52749
11.04 USD
2 years ago
Aug 25, 2022
Sell 425 K USD
Phillips Christopher Stephen
director, 10 percent owner:
- 38533
11.02 USD
2 years ago
Aug 24, 2022
Sell 896 K USD
Just Develop It Ltd
director:
- 80584
11.12 USD
2 years ago
Aug 26, 2022
Sell 896 K USD
Phillips Christopher Stephen
director, 10 percent owner:
- 80584
11.12 USD
2 years ago
Aug 19, 2022
Sell 215 K USD
Just Develop It Ltd
director:
- 19500
11.0411 USD
2 years ago
Aug 19, 2022
Sell 215 K USD
Phillips Christopher Stephen
director, 10 percent owner:
- 19500
11.0411 USD
2 years ago
Aug 16, 2022
Sell 510 K USD
Cannae Holdings, Inc.
10 percent owner
- 50000
10.198 USD
2 years ago
Aug 16, 2022
Sell 510 K USD
Cannae Holdings, LLC
director:
- 50000
10.198 USD
2 years ago
Aug 16, 2022
Sell 510 K USD
Cannae Holdings, LLC
director:
- 50000
10.198 USD
2 years ago
May 20, 2022
Sell 2.11 M USD
Cannae Holdings, LLC
director:
- 200000
10.5516 USD
2 years ago
May 20, 2022
Sell 2.11 M USD
Cannae Holdings, LLC
director:
- 200000
10.5516 USD
2 years ago
May 20, 2022
Sell 2.11 M USD
Cannae Holdings, Inc.
10 percent owner
- 200000
10.5516 USD
2 years ago
May 23, 2022
Sell 172 K USD
Cannae Holdings, Inc.
10 percent owner
- 16165
10.6444 USD
2 years ago
May 17, 2022
Sell 552 K USD
Cannae Holdings, Inc.
10 percent owner
- 50000
11.0411 USD
2 years ago
May 17, 2022
Sell 120 K USD
Cannae Holdings, LLC
director:
- 10602
11.3165 USD
2 years ago
May 18, 2022
Sell 120 K USD
Cannae Holdings, Inc.
10 percent owner
- 10602
11.3165 USD
2 years ago
May 17, 2022
Sell 243 K USD
Cannae Holdings, LLC
director:
- 22079
11.0076 USD
2 years ago
May 19, 2022
Sell 243 K USD
Cannae Holdings, Inc.
10 percent owner
- 22079
11.0076 USD
2 years ago
Apr 29, 2022
Sell 4.31 M USD
Cannae Holdings, Inc.
10 percent owner
- 335491
12.8502 USD
2 years ago
Apr 29, 2022
Sell 197 K USD
Cannae Holdings, Inc.
10 percent owner
- 14509
13.603 USD
2 years ago
Apr 29, 2022
Sell 1.08 M USD
Cannae Holdings, LLC
director:
- 84637
12.7942 USD
2 years ago
May 02, 2022
Sell 1.08 M USD
Cannae Holdings, Inc.
10 percent owner
- 84637
12.7942 USD
2 years ago
May 03, 2022
Sell 355 K USD
Cannae Holdings, Inc.
10 percent owner
- 28255
12.5777 USD
2 years ago
Apr 29, 2022
Sell 355 K USD
Cannae Holdings, LLC
director:
- 28255
12.5777 USD
2 years ago
Apr 27, 2022
Sell 2.07 M USD
Cannae Holdings, Inc.
10 percent owner
- 150000
13.82 USD
2 years ago
Apr 27, 2022
Sell 2.07 M USD
Cannae Holdings, LLC
director:
- 150000
13.82 USD
2 years ago
Apr 28, 2022
Sell 577 K USD
Cannae Holdings, Inc.
10 percent owner
- 40000
14.4293 USD
2 years ago
Apr 27, 2022
Sell 577 K USD
Cannae Holdings, LLC
director:
- 40000
14.4293 USD
2 years ago
Apr 22, 2022
Sell 714 K USD
Cannae Holdings, LLC
director:
- 50929
14.0194 USD
2 years ago
Apr 22, 2022
Sell 714 K USD
Cannae Holdings, LLC
director:
- 50929
14.0194 USD
2 years ago
Apr 22, 2022
Sell 714 K USD
Cannae Holdings, Inc.
10 percent owner
- 50929
14.0194 USD
2 years ago
Apr 19, 2022
Sell 5.75 M USD
Lone Star Friends Trust
10 percent owner
- 285459
20.14 USD
2 years ago
Apr 19, 2022
Sell 5.75 M USD
Blend Stanley
director:
- 285459
20.14 USD
2 years ago
Apr 19, 2022
Sell 3.33 M USD
Cannae Holdings, LLC
director:
- 228525
14.5647 USD
2 years ago
Apr 19, 2022
Sell 3.33 M USD
Cannae Holdings, Inc.
10 percent owner
- 228525
14.5647 USD
2 years ago
Apr 19, 2022
Sell 4.55 M USD
Cannae Holdings, Inc.
10 percent owner
- 334739
13.6031 USD
2 years ago
Apr 19, 2022
Sell 4.55 M USD
Cannae Holdings, LLC
director:
- 334739
13.6031 USD
2 years ago
Apr 20, 2022
Sell 2.32 M USD
Cannae Holdings, Inc.
10 percent owner
- 165280
14.0322 USD
2 years ago
Jan 28, 2022
Bought 0 USD
Kazerani Moujan
Director
+ 40700
0 USD
2 years ago
Jan 28, 2022
Bought 211 K USD
Kazerani Moujan
Director
+ 20500
10.31 USD
2 years ago
Jan 27, 2022
Bought 0 USD
Phillips Christopher Stephen
director, 10 percent owner:
+ 500000
0 USD
3 years ago
Jan 13, 2021
Bought 0 USD
Linehan Mark David
Director
+ 18100
0 USD
3 years ago
Jan 11, 2021
Bought 0 USD
Linehan Mark David
Director
+ 6900
0 USD
7. News
System1, Inc. (SST) Q3 2024 Earnings Call Transcript System1, Inc. (NYSE:SST ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Kyle Ostgaard - Vice President of Finance Michael Blend - Co-Founder & Chief Executive Officer Tridivesh Kidambi - Chief Financial Officer Conference Call Participants Tom Forte - Maxim Group Dan Kurnos - The Benchmark Company Kyle Ostgaard Thank you for standing by, and welcome to the Third Quarter, 2024 Conference Call for System1. Joining me today to discuss System1's business and financial results are our Co-Founder and Chief Executive Officer, Michael Blend; and our Chief Financial Officer, Tridivesh Kidambi. seekingalpha.com - 1 week ago
System1 to Report Third Quarter 2024 Financial Results LOS ANGELES--(BUSINESS WIRE)--System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, announced today that it will report financial results for the third quarter ended September 30, 2024 on Thursday, November 7, 2024 after the U.S. stock market closes. Management will host a conference call at 5:00 PM ET the same day to discuss the results. The live webcast and replay will be accessible on the Company's Investor Relations website at ir.sys. businesswire.com - 3 weeks ago
MapQuest, the Online Mapping Pioneer, Is Back! MapQuest Unveils Private Mapping App that Protects Your Privacy & Keeps Your Data Away from Big Tech LOS ANGELES--(BUSINESS WIRE)-- #MapQuest--MapQuest is back! MapQuest unveils Private Maps, a no-tracking, ad-free app built for privacy-focused navigation. Protect your data—download it now!. businesswire.com - 1 month ago
System1 And 2 Other Stocks Under $2 Executives Are Buying The Dow Jones index closed higher by more than 1% on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. benzinga.com - 2 months ago
System1, Inc. (SST) Q2 2024 Earnings Call Transcript System1, Inc. (NYSE:SST ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Kyle Ostgaard - Vice President of Finance Michael Blend - Co-Founder and CEO Tridivesh Kidambi - Chief Financial Officer Conference Call Participants Daniel Kurnos - Benchmark Company Operator Thank you for standing by. My name is Joe, and I will be your conference operator today. seekingalpha.com - 3 months ago
System1, Inc. (SST) Q1 2024 Earnings Call Transcript System1, Inc. (NYSE:SST ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Kyle Ostgaard - Vice President, Finance Michael Blend - Co-Founder and Chief Executive Officer Tridivesh Kidambi - Chief Financial Officer Conference Call Participants Daniel Kurnos - The Benchmark Company Thomas Forte - Maxim Group Operator Hello, my name is Sarah and I will be your conference operator today. At this time. seekingalpha.com - 6 months ago
System1 to Report First Quarter 2024 Financial Results LOS ANGELES--(BUSINESS WIRE)--System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, announced today that it will report financial results for the first quarter ended March 31, 2024 on Thursday, May 9, 2024 after the U.S. stock market closes. Management will host a conference call at 5:00 PM ET the same day to discuss the results. The live webcast and replay will be accessible on the Company's Investor Relations website at ir.system1.com. businesswire.com - 6 months ago
GOAI Forges Strategic Partnership with System1 to Advance AI Media Innovation LOS ANGELES, CA / ACCESSWIRE / April 15, 2024 / GOAI, a leading provider of cutting-edge AI solutions, proudly announces a groundbreaking partnership with System1, a global media giant renowned for its pioneering advancements in advertising. The partnership between GOAI and System1 represents a fusion of expertise, creativity, and technological prowess. accesswire.com - 7 months ago
System1, Inc. (SST) Q4 2023 Earnings Call Transcript System1, Inc. (SST) Q4 2023 Earnings Call Transcript seekingalpha.com - 8 months ago
System1 Announces Fourth Quarter and Full Year 2023 Financial Results LOS ANGELES--(BUSINESS WIRE)--System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, announced its financial results for the fourth quarter and full year 2023. Unless otherwise noted, all financial results are reflect the divestiture of Total Security Limited (“Total Security”), the Company's anti-virus subscription business, which was completed on November 30, 2023. “We are pleased to report results for Q4 that exceeded our guidance for. businesswire.com - 8 months ago
System1 to Report Fourth Quarter & Full Year 2023 Financial Results LOS ANGELES--(BUSINESS WIRE)--System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, announced today that it will report financial results for the fourth quarter and full year ended December 31, 2023 on Monday, March 18, 2024 at 8:00 AM ET. Management will host a conference call at that time to discuss the results. The live webcast and replay will be accessible on the Company's Investor Relations website at ir.system1.com. About System1,. businesswire.com - 8 months ago
System1 to Participate in the 36th Annual ROTH Conference LOS ANGELES--(BUSINESS WIRE)--System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, announced today that it will attend the 36th Annual ROTH Conference being held March 17-19, 2024 at The Ritz Carlton Laguna Niguel in Dana Point, California. Management will participate in one-on-one and small group meetings during the conference. For more information, or to schedule a meeting with management, please contact your ROTH representative. Abou. businesswire.com - 8 months ago
8. Profile Summary

System1, Inc. SST

image
COUNTRY US
INDUSTRY Specialty Business Services
MARKET CAP $ 87.5 M
Dividend Yield 0.03%
Description System1, Inc. develops technology and data science to operate responsive acquisition marketing platform. The company also operates a real-time coupon code search engine and directory that offers coupon destinations for online shoppers. It serves customers in the areas of health, subscription, finance, insurance, business and technology, travel, auto, and other direct-to-consumer businesses. The company was founded in 2013 and is based in Los Angeles, California.
Contact 4235 Redwood Avenue, Los Angeles, CA, 90066 https://www.system1.com
IPO Date Aug. 7, 2020
Employees 300
Officers Mr. Tridivesh Kidambi Chief Financial Officer Mr. Marc Mezzacca President of CouponFollow Mr. Michael L. Blend Chief Executive Officer & Chairman Ms. Elizabeth Sestanovich Chief People Officer Mr. Daniel J. Weinrot General Counsel & Corporate Secretary Kyle Ostgaard Vice President of Finance Mr. Brian Coppola Chief Product Officer Mr. Charles Ursini Co-Founder, President & Chief Operating Officer