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System1
(LSE:SYS1)
System1 (SYS1) vs. iShares MSCI United Kingdom ETF (EWC)
System1 Business Overview & Revenue Model
System1 Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 37.43M | 37.43M | 30.02M | 23.41M | 24.10M | 22.84M |
| Gross Profit | 31.48M | 32.86M | 26.12M | 19.72M | 20.20M | 19.11M |
| EBITDA | 6.71M | 6.70M | 4.40M | 2.04M | 1.10M | 4.30M |
| Net Income | 4.47M | 4.47M | 2.03M | 404.00K | 955.00K | 1.69M |
Balance Sheet | ||||||
| Total Assets | 21.98M | 21.98M | 19.09M | 14.98M | 18.59M | 17.41M |
| Cash, Cash Equivalents and Short-Term Investments | 12.83M | 12.83M | 9.61M | 5.72M | 11.17M | 9.01M |
| Total Debt | 526.00K | 526.00K | 346.00K | 1.46M | 5.01M | 5.08M |
| Total Liabilities | 7.88M | 7.88M | 8.52M | 6.37M | 10.33M | 10.17M |
| Stockholders Equity | 14.10M | 14.10M | 10.57M | 8.61M | 8.26M | 7.23M |
Cash Flow | ||||||
| Free Cash Flow | 5.42M | 4.92M | 5.10M | -1.88M | 3.90M | 3.71M |
| Operating Cash Flow | 5.55M | 5.51M | 5.93M | -628.00K | 4.04M | 3.91M |
| Investing Cash Flow | -595.00K | -595.00K | -833.00K | -1.25M | -138.00K | -198.00K |
| Financing Cash Flow | -1.37M | -1.33M | -1.12M | -3.82M | -1.95M | -1.09M |
System1 Technical Analysis
System1 Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £55.83M | 12.48 | 36.26% | 1.14% | 24.67% | 119.90% | |
73 Outperform | £75.61M | 13.32 | 7.08% | 3.63% | 0.88% | 10.37% | |
70 Neutral | £200.00M | 15.87 | 33.95% | 0.87% | -12.89% | ― | |
60 Neutral | $46.60B | 4.08 | -11.40% | 4.13% | 1.85% | -42.71% | |
60 Neutral | £49.99M | 9.61 | -24.72% | 4.77% | -5.93% | ― | |
52 Neutral | £27.10M | ― | -9.50% | ― | -4.28% | 12.79% | |
48 Neutral | £142.64M | 99.88 | -42.53% | 4.43% | -16.14% | -5856.63% |
System1 Corporate Events
System1 Group PLC announced that its Founder and President, John Kearon, has purchased 101,558 ordinary shares at a price of £4.32 each, increasing his total shareholding to 23.01% of the company’s voting rights. This transaction, conducted on the London Stock Exchange, underscores Kearon’s confidence in the company’s future prospects and may influence investor perception positively, potentially impacting the company’s market position.
System1 Group PLC reported a 7% decline in total revenue for Q1 FY26 compared to the previous year, primarily due to cautious client spending in Europe and currency fluctuations. Despite these challenges, the company saw a 19% increase in innovation revenue and strong new business performance, with over 80 new client wins contributing to growth. The US market showed robust performance, with platform revenue reaching a record high. System1 also launched a new product targeting digital advertising and maintained a healthy net cash position. The company remains optimistic about achieving a 15% revenue growth for FY26, driven by strong US and UK operations and continued investment in innovation.
System1 Group PLC reported a strong financial performance for the fiscal year ending March 31, 2025, with total revenue increasing by 25% to £37.4 million and profit before tax rising by 71% to £5.3 million. The company experienced significant growth in platform revenue, which rose by 39%, and added over 300 new clients, contributing to a 49% increase in US revenue. The board proposed an increased ordinary dividend and a special dividend, reflecting confidence in the company’s growth prospects. The company also plans to invest an additional £2 million in FY26 to accelerate growth and enhance its innovation proposition.
System1 Group PLC announced that its founder, John Kearon, will transition from his role as Founder and President to a non-executive director position starting September 1, 2025. Kearon will also chair a new board committee, QualCo, to provide strategic guidance and maintain the company’s leadership in creative effectiveness. This move is expected to strengthen System1’s market position by leveraging Kearon’s expertise in behavioral science and emotion-driven market research.
System1 Group PLC, a UK-based company, has announced a change in its voting rights structure due to an acquisition or disposal of shares by Ennismore Fund Management Limited. The notification reveals that Ennismore’s voting rights in System1 have decreased from 4.84% to 3.88%, indicating a reduction in their stake. This change could impact System1’s shareholder dynamics and influence within the company, potentially affecting its strategic decisions and market positioning.
System1 Group PLC, a UK-based company, has announced a change in its shareholder structure. Octopus Investments Limited has increased its voting rights in System1 Group PLC from 5.04% to 6.06%, crossing a significant threshold. This change in holdings could impact the company’s decision-making process and influence its strategic direction.
System1 Group PLC has announced the launch of its 2025 Long-Term Incentive Plan (LTIP), which aims to align executive incentives with shareholder value through long-term performance and sustainable growth. The plan includes nil-cost options over ordinary shares for executive team members, replacing the previous 2021 LTIP. The options vest over three dates, contingent on achieving specific revenue and profit targets, with a maximum of 10% of total share capital available under the plan. This initiative is expected to strengthen System1’s market position by motivating leadership to meet ambitious financial goals.