System1, Inc. engages in the development of a proprietary end-to-end responsive acquisition marketing platform.
Company profile
Ticker
SST
Exchange
Website
CEO
Michael L. Blend
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Trebia Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
S1 Holdco, LLC • System1 S1, Inc. • Orchid Merger Sub II, LLC • System1 OpCo, LLC • Sonic Newco LLC • Infospace Holdings LLC • Qool Media Holdings, LLC • Concourse Media Holdings, LLC • Dotzup Holdings LLC • System1 Canada ULC ...
IRS number
981531250
SST stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
26 Apr 24
EFFECT
Notice of effectiveness
15 Apr 24
8-K
Departure of Directors or Certain Officers
12 Apr 24
POS AM
Prospectus update (post-effective amendment)
29 Mar 24
8-K
Regulation FD Disclosure
18 Mar 24
8-K
System1 Announces Fourth Quarter and Full Year 2023 Financial Results
15 Mar 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Departure of Directors or Certain Officers
23 Feb 24
8-K
Regulation FD Disclosure
17 Jan 24
8-K
Regulation FD Disclosure
2 Jan 24
Latest ownership filings
4
Ryan R. Caswell
19 Apr 24
3
Ryan R. Caswell
19 Apr 24
3
Charles Ursini
19 Apr 24
4
Brian Coppola
17 Apr 24
4
Elizabeth Sestanovich
17 Apr 24
4
Daniel J Weinrot
17 Apr 24
SC 13D/A
Cannae Holdings, Inc.
21 Mar 24
4
Stanley Blend
19 Mar 24
4/A
Stanley Blend
19 Mar 24
SC 13G
CEE Holdings Trust
22 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 25.02 mm | 25.02 mm | 25.02 mm | 25.02 mm | 25.02 mm | 25.02 mm |
Cash burn (monthly) | 389.00 k | 1.42 mm | 9.01 mm | 19.19 mm | 50.71 mm | 13.91 mm |
Cash used (since last report) | 2.69 mm | 9.82 mm | 62.40 mm | 132.88 mm | 351.14 mm | 96.29 mm |
Cash remaining | 22.33 mm | 15.20 mm | -37.38 mm | -107.86 mm | -326.12 mm | -71.26 mm |
Runway (months of cash) | 57.4 | 10.7 | -4.1 | -5.6 | -6.4 | -5.1 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 57 |
Opened positions | 6 |
Closed positions | 3 |
Increased positions | 18 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 41.92 bn |
Total shares | 91.66 mm |
Total puts | 62.50 k |
Total calls | 648.20 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
CNNE Cannae | 27.01 mm | $32.69 bn |
SST System1 Inc - Ordinary Shares | 18.67 mm | $0.00 |
Christopher Stephen Phillips | 18.67 mm | $204.09 mm |
Lone Star Friends Trust | 13.55 mm | $189.77 mm |
BGPT Trebia | 4.45 mm | $59.86 mm |
BLK Blackrock | 1.93 mm | $2.34 bn |
Integrated Core Strategies | 1.92 mm | $0.00 |
BAC Bank Of America | 1.71 mm | $2.07 bn |
Vanguard | 1.25 mm | $1.51 bn |
Geode Capital Management | 492.22 k | $595.66 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Apr 24 | Ryan R. Caswell | Class A Common Stock | Grant | Acquire A | No | No | 0 | 15,981 | 0.00 | 115,778 |
15 Apr 24 | Daniel J Weinrot | Class A Common Stock | Payment of exercise | Dispose F | No | No | 2.19 | 658 | 1.44 k | 135,529 |
15 Apr 24 | Elizabeth Sestanovich | Class A Common Stock | Payment of exercise | Dispose F | No | No | 2.19 | 395 | 865.05 | 147,619 |
15 Apr 24 | Brian Coppola | Class A Common Stock | Payment of exercise | Dispose F | No | No | 2.19 | 1,184 | 2.59 k | 220,235 |