SST official logo SST
SST 1-star rating from Upturn Advisory
System1 Inc (SST) company logo

System1 Inc (SST)

System1 Inc (SST) 1-star rating from Upturn Advisory
$3.88
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

12/03/2025: SST (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $8

1 Year Target Price $8

Analysts Price Target For last 52 week
$8 Target price
52w Low $2.9
Current$3.88
52w High $15

Analysis of Past Performance

Type Stock
Historic Profit -20.95%
Avg. Invested days 32
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/03/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 38.79M USD
Price to earnings Ratio -
1Y Target Price 8
Price to earnings Ratio -
1Y Target Price 8
Volume (30-day avg) 1
Beta 1.52
52 Weeks Range 2.90 - 15.00
Updated Date 12/3/2025
52 Weeks Range 2.90 - 15.00
Updated Date 12/3/2025
Dividends yield (FY) -
Basic EPS (TTM) -8.61

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-06
When -
Estimate -2.78
Actual -2.0688

Profitability

Profit Margin -22.78%
Operating Margin (TTM) -25.28%

Management Effectiveness

Return on Assets (TTM) -8.17%
Return on Equity (TTM) -118.78%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 237531522
Price to Sales(TTM) 0.13
Enterprise Value 237531522
Price to Sales(TTM) 0.13
Enterprise Value to Revenue 0.82
Enterprise Value to EBITDA 8.98
Shares Outstanding 8128321
Shares Floating 1844804
Shares Outstanding 8128321
Shares Floating 1844804
Percent Insiders 58.21
Percent Institutions 39.52

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

System1 Inc

System1 Inc(SST) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

System1 Inc. (SST) was founded in 2012. Originally named Trebia Acquisition Corp., a special purpose acquisition company (SPAC), System1 Inc. focuses on acquiring and growing internet properties through its proprietary technology platform called RAMP (Responsive Acquisition Marketing Platform).

Company business area logo Core Business Areas

  • Subscription Businesses: This segment primarily focuses on providing privacy and security software and related services to consumers on a subscription basis.
  • Marketplace Businesses: This segment connects consumers with various services, including insurance, credit cards, and travel-related products.
  • Search and Comparison Businesses: This segment provides search engine services and comparison shopping platforms to help consumers find products and services.

leadership logo Leadership and Structure

Michael Blend serves as the Co-Founder and Chief Executive Officer. The organizational structure is designed to support efficient operations of its RAMP platform and the management of its diverse portfolio of internet properties.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Startpage: A privacy-focused search engine. Market share is relatively small compared to major search engines. Competitors include Google, DuckDuckGo, and Brave Search. While specific revenue figures are not public, Startpage contributes to the Subscription Businesses revenue segment.
  • Info.com: A search and comparison portal. Info.com connects users to information and resources. Competitors include Ask.com and other search portals. While specific revenue figures are not public, Info.com contributes to the Search and Comparison Businesses revenue segment.
  • System1 RAMP: A proprietary technology platform for acquiring and monetizing internet traffic. Market share and competitors are not directly comparable as RAMP is an internal tool. Revenue contribution is indirect, supporting all business segments.

Market Dynamics

industry overview logo Industry Overview

The digital advertising and online search industries are highly competitive and rapidly evolving. Key trends include increasing focus on data privacy, the rise of mobile advertising, and the growing importance of programmatic advertising.

Positioning

System1 Inc. positions itself as a player that capitalizes on the digital advertising spend through proprietary acquisition marketing. Their competitive advantage lies in its RAMP platform and ability to efficiently acquire and monetize internet traffic.

Total Addressable Market (TAM)

The global digital advertising market is estimated to be hundreds of billions of dollars annually. System1 Inc. is positioned to capture a portion of this market through its diverse portfolio of internet properties and its RAMP platform.

Upturn SWOT Analysis

Strengths

  • Proprietary RAMP platform for efficient marketing.
  • Diverse portfolio of internet properties.
  • Experienced management team.
  • Focus on data privacy.
  • Strong history of acquisitions and integrations

Weaknesses

  • Reliance on digital advertising market trends.
  • Competition from larger, more established players.
  • Integration risk associated with acquisitions.
  • Brand awareness lower than major competitors.
  • Dependency on third-party data providers and platforms.

Opportunities

  • Expansion into new geographic markets.
  • Development of new products and services.
  • Strategic acquisitions to expand portfolio.
  • Increased focus on data privacy to attract users.
  • Leveraging AI and machine learning for improved marketing efficiency.

Threats

  • Changes in search engine algorithms.
  • Increasing competition in the digital advertising market.
  • Regulatory changes related to data privacy.
  • Economic downturn impacting advertising spending.
  • Security breaches and data privacy incidents.

Competitors and Market Share

Key competitor logo Key Competitors

  • GOOG
  • META
  • DUCK
  • IAC

Competitive Landscape

System1 Inc.'s advantages lie in its specialized RAMP platform and targeted acquisitions. Disadvantages include competition from larger, better-funded players with greater brand recognition and larger market share.

Major Acquisitions

Protected.net Group

  • Year: 2021
  • Acquisition Price (USD millions): 160
  • Strategic Rationale: Expanded System1's subscription business with a focus on privacy and security software.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been driven by acquisitions and organic growth within acquired properties. Review past annual reports to understand the pace and source of growth.

Future Projections: Analyst estimates vary based on assumptions about the digital advertising market, the success of the RAMP platform, and the integration of future acquisitions. Review analyst reports from reputable financial firms.

Recent Initiatives: Recent initiatives likely include strategic acquisitions, the development of new features for the RAMP platform, and efforts to enhance data privacy offerings.

Summary

System1 Inc. operates in a very competitive and constantly changing digital space, with a focus on privacy and security software through their RAMP platform. Its acquisition strategy has fueled growth, but integration risk and competition from industry giants like Google and Meta are challenges. Future success depends on RAMP innovation, strategic expansion, and maintaining a competitive edge in a fast-paced industry. System1 has to keep up with constantly changing algorthims in the industry.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • System1 Inc. SEC Filings (10-K, 10-Q)
  • Analyst Reports
  • Industry Research Reports

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly. Conduct thorough due diligence before making any investment decisions. Market share data is approximate and subject to change.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About System1 Inc

Exchange NYSE
Headquaters Los Angeles, CA, United States
IPO Launch date 2020-08-07
CEO & Chairman Mr. Michael L. Blend
Sector Industrials
Industry Specialty Business Services
Full time employees 300
Full time employees 300

System1, Inc. provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States and internationally. It operates in two segments: Owned and Operated Advertising, and Partner Network. The company engages in the provision of acquiring traffic to its owned and operated websites, as well as revenue-sharing arrangements and related services. It also operates MapQuest, a web-based navigation service that delivers turn-by-turn direction services to users; Info.com, a metasearch engine that consumers can use to search for relevant information; HowStuffWorks, a commercial website focused on helping people solve problems in their daily lives by using various types of digital media to easily breakdown and explain complex concepts, topics, terminology, and mechanisms; Startpage, a private search engine that allows users to browse and search the Internet in complete privacy; and CouponFollow, a coupon destinations for online shoppers, as well as ActiveBeat and Infospace. In addition, the company offers antivirus software solutions, which provide customers a single packaged solution that offers protection and reporting to the end users. The company is based in Los Angeles, California.