About System1, Inc.
https://www.system1.comSystem1, Inc. develops technology and data science to operate responsive acquisition marketing platform. The company also operates a real-time coupon code search engine and directory that offers coupon destinations for online shoppers. It serves customers in the areas of health, subscription, finance, insurance, business and technology, travel, auto, and other direct-to-consumer businesses.

CEO
Michael L. Blend
Compensation Summary
(Year 2022)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2025-06-12 | Reverse | 1:10 |
ETFs Holding This Stock
Summary
Showing Top 1 of 11
Ratings Snapshot
Rating : C-
Most Recent Analyst Grades
Grade Summary
Showing Top 1 of 1
Price Target
Institutional Ownership

CANNAE HOLDINGS, INC.
Shares:2.7M
Value:$11.89M

BLACKROCK INC.
Shares:1.73M
Value:$7.63M

BANK OF AMERICA CORP /DE/
Shares:161.57K
Value:$710.91K
Summary
Showing Top 3 of 36
About System1, Inc.
https://www.system1.comSystem1, Inc. develops technology and data science to operate responsive acquisition marketing platform. The company also operates a real-time coupon code search engine and directory that offers coupon destinations for online shoppers. It serves customers in the areas of health, subscription, finance, insurance, business and technology, travel, auto, and other direct-to-consumer businesses.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $61.56M ▼ | $38.31M ▼ | $-18.52M ▼ | -30.08% ▼ | $-2.3 ▼ | $5.29M ▲ |
| Q2-2025 | $78.11M ▲ | $43.81M ▲ | $-17.46M ▼ | -22.36% ▼ | $-2.23 ▼ | $4.59M ▼ |
| Q1-2025 | $74.51M ▼ | $41.56M ▼ | $-15.88M ▼ | -21.32% ▼ | $-0.21 ▼ | $7.32M ▼ |
| Q4-2024 | $75.59M ▼ | $56.6M ▼ | $-14.16M ▲ | -18.73% ▲ | $-0.19 ▲ | $9.24M ▲ |
| Q3-2024 | $88.83M | $59.48M | $-23.6M | -26.57% | $-0.33 | $-1.97M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $54.59M ▼ | $385.16M ▼ | $350.9M ▼ | $42.68M ▼ |
| Q2-2025 | $63.65M ▲ | $429.25M ▲ | $375.81M ▲ | $58.2M ▼ |
| Q1-2025 | $43.91M ▼ | $419.15M ▼ | $351.5M ▼ | $67.19M ▼ |
| Q4-2024 | $63.61M ▼ | $459.13M ▼ | $374.13M ▼ | $80.26M ▼ |
| Q3-2024 | $69.09M | $479.31M | $376.47M | $90.31M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-22M ▼ | $-2.05M ▼ | $-1.99M ▼ | $-5.01M ▼ | $-9.06M ▼ | $-4.04M ▼ |
| Q2-2025 | $-17.46M ▲ | $24.49M ▲ | $-1.56M ▼ | $-2.79M ▲ | $19.73M ▲ | $24.49M ▲ |
| Q1-2025 | $-19.86M ▼ | $-15.95M ▼ | $-1.55M ▼ | $-5.3M ▼ | $-22.79M ▼ | $-17.5M ▼ |
| Q4-2024 | $-18.02M ▲ | $772K ▲ | $-1.29M ▲ | $-5.01M ▲ | $-5.64M ▲ | $-521K ▲ |
| Q3-2024 | $-30.64M | $-5K | $-1.74M | $-5.02M | $-6.68M | $-1.75M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Marketing Segment | $0 ▲ | $0 ▲ | $50.00M ▲ | $40.00M ▼ |
Partner Network | $30.00M ▲ | $20.00M ▼ | $0 ▼ | $0 ▲ |
Products Segment | $0 ▲ | $0 ▲ | $20.00M ▲ | $20.00M ▲ |
Revenue by Geography
| Region | Q4-2024 | Q3-2025 | Q2-2025 | Q1-2025 |
|---|---|---|---|---|
NonUS | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
UNITED STATES | $170.00M ▲ | $60.00M ▼ | $80.00M ▲ | $70.00M ▼ |

CEO
Michael L. Blend
Compensation Summary
(Year 2022)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2025-06-12 | Reverse | 1:10 |
ETFs Holding This Stock
Summary
Showing Top 1 of 11
Ratings Snapshot
Rating : C-
Most Recent Analyst Grades
Grade Summary
Showing Top 1 of 1
Price Target
Institutional Ownership

CANNAE HOLDINGS, INC.
Shares:2.7M
Value:$11.89M

BLACKROCK INC.
Shares:1.73M
Value:$7.63M

BANK OF AMERICA CORP /DE/
Shares:161.57K
Value:$710.91K
Summary
Showing Top 3 of 36



