Financial insights of SSTPW

MyFinsight

For the quarter ending 2026-03-31, SSTPW made $37,234K in revenue. -$47,067K in net income. Net profit margin of -126.41%.

Income Statement	2026-03-31	2025-12-31	2025-09-30
Revenue	37,234	81,446*	61,561
Cost of revenue	13,860	49,277*	38,819
Salaries and benefits	20,800	28,685*	21,354
Selling, general, and administrative	16,789	18,829*	16,953
Impairment of long-lived assets	36,822	-	-
Total operating expenses	88,271	96,791*	77,126
Operating loss	-51,037	-15,345*	-15,565
Interest expense, net	6,629	2,460*	7,052
Gain on extinguishment of tax receivable agreement liability	-	1,313*	-
Gain on extinguishment of debt	-	0*	0
Change in fair value of warrant liabilities	0	-62*	-71
Total other expense, net	-6,629	-1,085*	-6,981
Loss before income tax	-57,666	-16,430*	-22,546
Expected income tax benefit at statutory tax rate	-	-4,941*	-
State tax, net of federal tax benefit	-	9*	-
Foreign tax effects	-	-314*	-
Effects of cross-border tax laws	-	177*	-
Research and development credits	-	253*	-
Other	-	-218*	-
Change in valuation allowance	-	1,570*	-
Stock-based compensation	-	271*	-
Non-controlling interest	-	-927*	-
Investment in partnership basis adjustments	-	1,739*	-
Liability reversal	-	276*	-
Other nondeductibles	-	14*	-
Changes in unrecognized tax benefits	-	207*	-
Other adjustments	-	-593*	-
Income tax benefit	-75	-1,246*	-543
Net loss	-57,591	-15,184*	-22,003
Less net loss attributable to non-controlling interest	-10,524	-5,387*	-3,487
Net loss attributable to system1, inc	-47,067	-9,797	-18,516

Basic EPS	-5.82	-1.28	-2.3
Diluted EPS	-5.82	-1.28	-2.3
Basic Average Shares	8,090,000	7,654,000	8,054,000
Diluted Average Shares	8,090,000	7,654,000	8,054,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.