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$19M
Market Cap
—
P/E
—
PEG
-52.9%
ROCE
—
ROE
13.16
D/E
-51.0%
OPM
-69.3%
% from 52W High
16
α RS
🌏 Global Investor Returns
Currency-adjusted total returns for SST including FX impact
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📈 Price History
Ratio Health
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— Good
— Average
— Poor
By Category
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About

System1, Inc. provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States and internationally.

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📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding SST
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 18.3K $55K 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-05
Q2 saw a 61% revenue decline year-over-year, driven by Google monetization volatility, but product sessions and partner diversification improved. Debt was reduced by over 50%, and new AI and data initiatives launched. No guidance was provided due to ongoing market uncertainty.
Q3 2025 Q3 2025 2025-11-05
Q3 2025 results showed strong product segment growth and innovation, but overall revenue and profit declined due to the loss of Google's AFD monetization channel. The company is transitioning to RSOC, investing in AI-driven products, and expects marketing to stabilize and rebound in 2026.
Q2 2025 Q2 2025 2025-08-07
Q2 2025 saw strong growth in the product segment, with revenue up 34% year-over-year, while the marketing segment faced headwinds from Google Partner Network volatility. Adjusted EBITDA rose 18% year-over-year, and management remains optimistic about long-term growth and M&A opportunities.
Q1 2025 Q1 2025 2025-05-06
Q1 results exceeded guidance with $74.5M revenue and $12.1M adjusted EBITDA, driven by strong owned and operated product growth and significant AI-driven productivity gains. Uncertainty from Google’s product changes and market volatility led to suspended guidance for Q2.
Q4 2024 Q4 2024 2025-03-10
Q4 saw revenue decline but strong adjusted EBITDA growth, driven by owned and operated products and AI-powered efficiency. The company is navigating Google-related volatility, shifting from AFD to RSoC, and expects Q1 adjusted gross profit and EBITDA to rise year-over-year.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
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Conflict of Interest Disclosure:
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Information Sources:
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