How did SST's revenue and expenses trend in Q4 2024?
4/14/2025 05:35am
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System1 (SST) experienced a decline in revenue and a significant increase in expenses in Q4 2024, resulting in a substantial net loss.
Revenue Trend: The total revenue for SST in Q4 2024 was $75.6 million, representing a year-over-year growth rate of -0.21%1. This indicates a slight contraction in revenue compared to the previous year.
Expense Trend: The total expenses for the quarter were not provided; however, the net income was -$18.02 million1. This net loss suggests that the expenses were substantial, potentially exceeding the revenue in the quarter.
Net Income: The net income of -$18.02 million reflects a significant financial setback for SST in Q4 2024, implying that the company faced considerable challenges in managing its costs and generating revenue during the period.
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SST Total Revenue YoY, Total Revenue
Source:
1.
SST Revenue, Revenue Growth Rate, Expense, Net Income in Q4 2024
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