System1, Inc. Stock Price, News & Analysis

System1 (NYSE: SST) reported Q4 2024 financial results showing mixed performance. While revenue decreased 21% to $75.6 million, gross profit increased 28% to $31.8 million, and Adjusted EBITDA grew 79% to $17.9 million.

For full-year 2024, revenue declined 14% to $343.9 million, with gross profit down 2% to $101.3 million. The company's GAAP net loss improved, decreasing 13% to $97.3 million.

Notable achievements include a 500%+ increase in campaign launches through their RAMP platform and CouponFollow.com's 129% growth in organic sessions. System1 renewed its Google advertising arrangements, extending through 2027.

For Q1 2025, the company projects revenue between $69-71 million, gross profit of $25-27 million, and Adjusted EBITDA of $9-11 million.

System1 (NYSE: SST), an omnichannel customer acquisition marketing platform, has announced it will release its fourth quarter and full year 2024 financial results on Monday, March 10, 2025, after the U.S. stock market closes. The company's management team will host a conference call at 5:00 PM ET on the same day to discuss the results. Investors can access both the live webcast and replay of the conference call through System1's Investor Relations website at ir.system1.com.

System1 (NYSE: SST) has received a notice from the New York Stock Exchange regarding non-compliance with listing standards, as its Class A Common Stock's average closing price fell below $1.00 over a consecutive 30 trading-day period. The company has until January 21, 2025 to cure this deficiency.

To regain compliance, System1 must achieve a closing share price of at least $1.00 and maintain an average closing share price of $1.00 over a 30 trading-day period by the end of any calendar month during the six-month cure period. The notice does not result in immediate delisting, and SST's stock will continue trading on the NYSE while the company works to address the issue.

System1 (NYSE: SST), an omnichannel customer acquisition marketing platform, has announced its participation in two major conferences in January 2025. The company will attend the 2025 ICR Conference in Orlando, Florida (January 13-15) and the 27th Annual Needham Growth Conference (January 16-17, virtual participation).

Chief Financial Officer Tridivesh Kidambi will be available for one-on-one meetings during both conferences and will participate in a fireside chat at the ICR Conference on January 13 at 2:00 PM ET. Interested parties can schedule meetings through representatives of the respective conferences.

System1 (NYSE: SST) has announced its participation in three upcoming investor conferences in December 2024. The company will attend the UBS Global Technology and AI Conference in Scottsdale (Dec 2-5), the Raymond James TMT and Consumer Conference in New York (Dec 9-11), and The Benchmark Company's 13th Annual Discovery One-on-One Investor Conference in New York (Dec 11).

CFO Tridivesh Kidambi will be available for one-on-one meetings at all events and will participate in a panel discussion on digital advertising debates at the Raymond James conference on December 9 at 10:00 AM ET.

System1 (NYSE: SST), an omnichannel customer acquisition marketing platform, announced its financial results for Q3 2024. Key metrics were at or above the high end of guidance. Revenue increased by 1% year-over-year to $88.8 million. GAAP Gross Profit remained flat at $24.8 million, while Adjusted Gross Profit rose 1% to $37.6 million. However, GAAP Net Loss increased by $4.7 million to $30.6 million. Adjusted EBITDA saw a significant rise of 27%, reaching $10.3 million.

Highlights include a 100%+ increase in organic sessions for CouponFollow.com, over 200,000 downloads for Startpage's new Private Browser app, and a new multi-year deal for MapQuest with HERE, improving user experience and cost savings.

System1 (NYSE: SST), an omnichannel customer acquisition marketing platform, has scheduled its Q3 2024 financial results release for Thursday, November 7, 2024, after market close. The company will hold a conference call at 5:00 PM ET on the same day to discuss the results. Investors can access the live webcast and replay through System1's Investor Relations website at ir.system1.com.

MapQuest, the original internet mapping solution, has launched Private Maps by MapQuest, the first app from a leading mapping brand designed to protect users' privacy. Available for download on Android devices, the app offers:

• Anonymous Mode: Search history stays on the device and clears automatically
• Private Favorites: Go-to places saved only on the device
• Anonymous Analytics: Only anonymous data used to improve the app

The app was developed in collaboration with Startpage, the world's most private search engine, and incorporates high-quality map content from HERE Technologies. MapQuest, now owned by System1, has undergone significant tech improvements, offering faster and more intuitive navigation.

System1 (NYSE: SST) announced its second quarter 2024 financial results, surpassing the high-end of its guidance. Revenue increased by $9.7 million to $94.6 million, while gross profit rose 40% to $26.1 million. Adjusted gross profit saw a 24% increase, reaching $38.8 million. However, GAAP net loss grew by 152% to $34.8 million. Adjusted EBITDA improved by $9.5 million to $9.9 million.

The company renewed a key monetization partnership with Google. CouponFollow.com showed a 36% year-over-year increase in organic traffic, and Startpage's new Private Browser app surpassed 50,000 downloads. MapQuest reported a 10% increase in organic visits.

For the third quarter of 2024, System1 expects revenue between $86 million and $88 million, gross profit between $23 million and $25 million, and adjusted EBITDA between $8 million and $10 million.