$SST Income Statement | Understand Stock

$SST

$1.82 -$0.13 (6.67%) Close

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Operations

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 11 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Operating and formation costs
Revenue
Operating expenses:
Cost of revenue (excluding depreciation and amortization)
Cost of revenue
Salaries and benefits
Selling, general, and administrative
Depreciation and amortization
Impairment of goodwill
Total operating expenses
Operating loss
Other expense (income):
Interest expense, net
Gain on extinguishment of tax receivable agreement liability
Gain on extinguishment of debt
Nonrelated Party
Related Party
Total gain on extinguishment of debt
Change in fair value of warrant liabilities
Change in fair value of FPA liability
Gain on termination of FPA
Total other expense, net

Loss before income tax
Income tax benefit
Net loss from continuing operations
Net loss from discontinued operations, net of tax
Net loss
Less: Net loss from continuing operations attributable to non-controlling interest
Less: Net loss from discontinued operations attributable to non-controlling interest
Less: Net loss attributable to non-controlling interest
Net loss attributable to System1, Inc.
Class A ordinary shares
Class B ordinary shares
Total net loss attributable to System1, Inc.

Net loss from discontinued operations
Basic net loss per share, continuing operations (in dollars per share)
Basic net loss per share, discontinued operations (in dollars per share)
Basic net loss per share (in dollars per share)
Class A ordinary shares
Class B ordinary shares
Total basic net loss per share (in dollars per share)

Diluted net loss per share (in dollars per share)
Class A ordinary shares
Class B ordinary shares
Total diluted net loss per share (in dollars per share)

Weighted average number of shares outstanding - basic (in shares)
Class A ordinary shares
Class B ordinary shares
Total weighted average number of shares outstanding - basic (in shares)

Weighted average number of shares outstanding - diluted (in shares)
Class A ordinary shares
Class B ordinary shares
Total weighted average number of shares outstanding - diluted (in shares)

Basic net loss per unit (in dollars per share)
Diluted net loss per unit (in dollars per share)
Weighted average units outstanding - basic (in shares)
Weighted average units outstanding - diluted (in shares)

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