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System1 Inc   (SST)
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Price: $0.2902 $-0.02 -7.284%
Day's High: $0.3014 Week Perf: -14.67 %
Day's Low: $ 0.29 30 Day Perf: -39.16 %
Volume (M): 276 52 Wk High: $ 2.10
Volume (M$): $ 80 52 Wk Avg: $1.06
Open: $0.30 52 Wk Low: $0.29



 Market Capitalization (Millions $) 20
 Shares Outstanding (Millions) 70
 Employees -
 Revenues (TTM) (Millions $) 344
 Net Income (TTM) (Millions $) -97
 Cash Flow (TTM) (Millions $) -76
 Capital Exp. (TTM) (Millions $) 6

System1 Inc
System1 operates an omnichannel customer acquisition platform, delivering high-intent customers to our advertisers and to our own subscription products. Our proprietary responsive acquisition marketing platform, or RAMP, has 3 primary components. First, RAMP utilizes machine learning to identify and direct marketing campaigns to potential customers across major advertising networks. Second, once these potential intent-driven customers respond to or interact with our marketing efforts, RAMP directs them to our network of over 40 owned and operated websites which is focused on further qualifying customer purchase intent and providing us with first party intent data.
RAMP. Our RAMP technology platform is the key to our business success, and expanding and scaling its capabilities has been the focus of our software development, engineering efforts and acquisitions since our inception. Operating across a wide variety of major advertising networks, RAMP identifies potential customers, qualifies their purchase intent and then monetizes these customers through our relationships with advertisers and advertising networks. RAMP also allows advertising platforms and publishers, which we refer to as our network partners, to direct user traffic to our websites or our advertising solutions, which we then monetize on their behalf for a share of revenue generated. RAMP powers our network of owned and operated websites and will, following the Business Combination, power our subscription products.
We monetize customers across a range of over 50 major advertising verticals including health, subscription, finance, insurance, business and technology, travel, auto, and other direct-to-consumer businesses. We believe our ability to efficiently acquire customers across a wide range of advertising verticals is a key differentiator of our business. In the increasingly complex and fast-evolving marketplace of digital marketing, changing consumer demand is dictated by temporal and cyclical factors and personal preferences. Our ability to shift RAMP's focus to match customer demand insulates our business from shifts in the economic cycle or changes in customer demand. Our advertisers and advertising networks comprise over 100 companies and include top brands and large global advertising networks such as Google, Microsoft and Yahoo!.


   Company Address: 4235 Redwood Avenue Los Angeles 90066 CA
   Company Phone Number: 924-6037   Stock Exchange / Ticker: 0 SST


   

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System1 Inc

System1 Inc Faces Major Revenue Slump: A 35.8% Drop Dampens Second Quarter Prospects

The recent financial report from System1 Inc (SST) has revealed disappointing figures for the second quarter of 2024. The company's revenue has plummeted by a staggering 35.763%, amounting to just $94.58 million. This decline is in stark contrast to the growth seen in the Internet Services & Social Media industry, which recorded a revenue increase during the same period. This paints a bleak picture for SST, as it falls behind its competitors and fails to capitalize on the industry's upward trend.
The shortfall per share for SST in the second quarter of 2024 is also alarming, at $-0.38. This is a significant decrease compared to the previous year's figures, which saw a shortfall per share of $-0.16. It is evident that SST is struggling to maintain its financial stability and meet the expectations of its shareholders.

System1 Inc

System1 Inc Surprises Market with Significant Revenue Decline of -49.41% in First Quarter of 2024

System1 Inc, an omnichannel customer acquisition marketing platform, recently announced its financial results for the first quarter ended March 31, 2024. The company showcased a significant improvement compared to the same reporting season a year ago. During this period, System1 Inc reduced the loss per share from $-0.37 to $-0.16, while the EPS improved from $-0.31 to $-0.16. Additionally, the revenue for the company decreased by -49.41% to $84.92 million from $167.85 million in the previous year.
Despite this decline in revenue, the Internet Services & Social Media industry, on average, posted a revenue improvement in the first quarter of 2024. These financial results indicate that System1 Inc has managed to navigate a challenging financial period successfully.

System1 Inc

System1 Inc Faces Financial Challenges in Fourth Quarter of 2023

System1 Inc, an omnichannel customer acquisition marketing platform, recently released its financial report for the fourth quarter of 2023. The company experienced a significant decrease in its returns, with a loss of $0.31 per share compared to a gain of $0.92 per share in the previous year. This decline follows a loss of $1.40 per share in the prior financial reporting period. Likewise, the company's net loss for the period from October to December 2023 amounted to $34.955 million, contrasting with net proceeds of $97.676 million in the same period the year before.
Operating earnings also took a hit, falling by 92.26% to $8.773 million, resulting in a considerable decrease in System1 Inc's operating margin from 94.54% in the fourth quarter of 2022 to -934.29%. The company's accounts receivable declined to $56.1 million, which some analysts attribute to slowing demand.

Product Service News

System1 Eyes Turnaround, Announces Participation in 2024 ICR Conference Amidst Decrease in 3Q Revenue

Published Mon, Dec 18 2023 2:00 PM UTC


Tridivesh Kidambi, the Chief Financial Officer of System1, will be participating in a fireside chat session on Tuesday, January 9, 2024, at 2:30 PM ET. The interactive session will provide valuable insights into System1 s strategies, initiatives, and future agenda. In addition, Kidambi will also be accessible for meetings throughout the conference, ensuring fruitful int...

Product Service News

System1's RoadWarrior App Revolutionizes Delivery Management with Proof of Delivery Feature and Expands Marketplace

Published Tue, Nov 21 2023 2:12 PM UTC



System1, Inc. has announced the introduction of a groundbreaking Proof of Delivery feature within its RoadWarrior app, coupled with the launch of a new marketplace for feature-specific subscription add-ons. These developments mark a significant milestone for the omnichannel customer acquisition marketing platform, allowing drivers to optimize complex delivery route...







System1 Inc's Segments
Owned and Operated Advertising    79.7 % of total Revenue
Partner Network    20.3 % of total Revenue
United States    95.93 % of total Revenue
Other countries    4.07 % of total Revenue





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