System1, Inc. / Fundamentals

    Income statement

    Net revenue
    €273.63M
    Cost of goods sold
    €153.93M
    Gross profit
    €119.70M
    SG&A expenses
    €91.15M
    R&D expenses
    €0.00
    EBITDA
    -€1.13M
    D&A
    €70.25M
    EBIT
    -€54.16M
    Interest expenses
    €25.82M
    EBT
    -€79.52M
    Tax expenses
    -€1.79M
    Net income
    -€61.37M

    Cash flow statement

    Net deferred tax
    -€1.58M
    Non-cash items
    €24.66M
    Changes in working capital
    -€13.45M
    Operating cash flow
    €8.03M
    Capex
    -€1.59M
    Other investing cash flow
    -€5.55M
    Net investing cash flow
    -€5.30M
    Total cash dividends paid
    -€98.39K
    Issuance of common stock
    €1.94M
    Debt repayment
    -€17.26M
    Other financing cash flow
    -€272.72K
    Net financing cash flow
    -€15.64M
    Foreign exchange effects
    -€39.70K
    Net change in cash
    -€12.63M
    Cash at end of period
    €56.33M
    Free cash flow
    €6.44M

    Balance sheet

    Cash and cash equivalents
    €54.93M
    Cash and short-term investments
    €54.93M
    Total receivables
    €60.60M
    Inventory
    €0.00
    Other current assets
    €6.47M
    Total current assets
    €122.00M
    Property, plant & equipment
    €4.50M
    Goodwill
    €71.12M
    Intangible assets
    €159.96M
    Long-term investments
    €326.23K
    Other non-current assets
    €12.55M
    Total non-current assets
    €248.46M
    Total assets
    €370.46M
    Accounts payable
    €24.22M
    Short-term debt
    €19.60M
    Other current liabilities
    €59.65M
    Total current liabilities
    €103.47M
    Long-term debt
    €4.94M
    Deferred tax liabilities
    €4.51M
    Other non-current liabilities
    €213.89M
    Total non-current liabilities
    €220.87M
    Total liabilities
    €324.33M
    Common stock
    €863.04
    Retained earnings
    -€703.96M
    Other equity
    -€114.78K
    Total equity
    €46.12M
    Total liabilities and shareholders' equity
    €370.46M

    Company information

    Market capitalization
    €62.30M
    Employees
    300
    Enterprise Value
    €262.06M

    Company ratios

    Gross margin
    43.7% Better than peer group: 30.7%
    EBITDA margin
    -0.4% Much better than peer group: -40.5%
    EBIT margin
    -19.8% Much better than peer group: -63.5%
    EBT margin
    -29.1% Even with peer group: -32.5%
    Net margin
    -22.4% Much better than peer group: -68.3%
    ROE
    -133.1% Much worse than peer group: 6.2%
    ROA
    -16.6% Worse than peer group: -2.6%
    Asset turnover
    73.9% Worse than peer group: 89.1%
    FCF margin
    3.5% Much better than peer group: -29.9%
    FCF yield
    15.5%
    Efficiency ratio
    100.4%
    Net sales per employee
    €912.10K
    Net income per employee
    -€204.57K

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