# System1, Inc. (SST)

> Technology · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/SST/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 67.43M | $ -59.67M | $ -60.02M | $ 300.65M | $ -26.67M |
| 2025 | $ 272.49M | $ -66.91M | $ -12.60M | $ 314.73M | $ 30.47M |
| 2024 | $ 361.49M | $ -78.49M | $ -12.10M | $ 274.98M | $ 80.26M |
| 2023 | $ 434.63M | $ -239.99M | $ -33.40M | $ 355.42M | $ 135.28M |
| 2022 | $ 821.72M | $ -410.48M | $ -12.10M | $ 422.55M | $ 392.02M |
| 2021 | $ 818.26M | $ 39.22M | $ 66.27M | $ 170.45M | $ -28.40M |
| 2020 | $ 0 | $ -49.85M | $ 16.74M | $ 179.97M | $ 436.17M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | -11.27 |
| Liabilities / Eq | -12.91 |
| Current Ratio | 0.77 |

## Other views

- [Metrics](https://sponda.capital/en/SST.md)
- [Charts](https://sponda.capital/en/SST/charts.md)
- [Compare](https://sponda.capital/en/SST/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-30.