SST
Income statement / Annual
Last year (2023), System1, Inc.'s total revenue was $401.97 M,
a decrease of 51.37% from the previous year.
In 2023, System1, Inc.'s net income was -$227.22 M.
See System1, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$401.97 M
|
$826.65 M
|
$688.39 M
|
$475.98 M
|
$407.49 M
|
$265.53 M
|
| Cost of Revenue |
$355.25 M |
$521.11 M |
$13.33 M |
$341.00 M |
$275.77 M |
$171.03 M |
| Gross Profit |
$46.72 M |
$305.54 M |
$675.06 M |
$134.98 M |
$131.72 M |
$94.50 M |
| Gross Profit Ratio |
0.12 |
0.37 |
0.98 |
0.28 |
0.32 |
0.36 |
| Research and Development
Expenses |
$0.00
|
$822,000.00
|
$4.93 M
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$13.33 M
|
$78.53 M
|
$68.35 M
|
$66.52 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$35.81 M
|
$22.98 M
|
$19.96 M
|
$0.00
|
| Selling, General &
Administrative Expenses |
$54.31 M
|
$35.81 M
|
$13.33 M
|
$78.53 M
|
$68.35 M
|
$66.52 M
|
| Other Expenses |
$78.40 M |
$80.63 M |
$10.65 M |
$13.83 M |
$11.24 M |
$5.31 M |
| Operating Expenses |
$239.22 M |
$116.45 M |
$13.33 M |
$92.36 M |
$79.59 M |
$71.84 M |
| Cost And Expenses |
$487.96 M |
$637.56 M |
$13.33 M |
$433.36 M |
$355.36 M |
$242.87 M |
| Interest Income |
$0.00 |
$33.10 M |
$16.87 M |
$24.35 M |
$26.03 M |
$0.00 |
| Interest Expense |
$48.75 M |
$16.87 M |
$16.87 M |
$24.35 M |
$26.03 M |
$18.98 M |
| Depreciation &
Amortization |
$78.40 M
|
$70.47 M
|
$13.89 M
|
$13.83 M
|
$11.24 M
|
$5.31 M
|
| EBITDA |
-$4.48 M
|
-$427.61 M
|
$64.72 M
|
$52.92 M
|
$60.76 M
|
$25.46 M
|
| EBITDA Ratio |
-0.01 |
0.08 |
-0.05 |
0.12 |
0.15 |
0.11 |
| Operating Income Ratio
|
-0.21
|
0.06
|
-0.02
|
0.09
|
0.13
|
0.09
|
| Total Other
Income/Expenses Net |
-$45.64 M
|
-$36.41 M
|
-$16.87 M
|
-$24.35 M
|
-$27.18 M
|
-$18.98 M
|
| Income Before Tax |
-$131.63 M |
$33.96 M |
$21.03 M |
$18.27 M |
$24.95 M |
$3.69 M |
| Income Before Tax Ratio
|
-0.33
|
0.04
|
0.03
|
0.04
|
0.06
|
0.01
|
| Income Tax Expense |
-$20.37 M |
$965,000.00 |
$965,000.00 |
$1.91 M |
$702,000.00 |
$24.64 M |
| Net Income |
-$227.22 M |
$33.00 M |
$21.03 M |
$16.36 M |
$24.25 M |
-$20.96 M |
| Net Income Ratio |
-0.57 |
0.04 |
0.03 |
0.03 |
0.06 |
-0.08 |
| EPS |
-2.44 |
0.36 |
1.03 |
0.25 |
0.27 |
-0.26 |
| EPS Diluted |
-2.44 |
0.36 |
1.03 |
0.25 |
0.27 |
-0.26 |
| Weighted Average Shares
Out |
$91.45 M
|
$91.67 M
|
$20.49 M
|
$64.69 M
|
$89.25 M
|
$81.70 M
|
| Weighted Average Shares
Out Diluted |
$91.45 M
|
$91.67 M
|
$20.49 M
|
$64.69 M
|
$89.25 M
|
$81.70 M
|
| Link |
|
|
|
|
|
|
