How did SST's revenue and expenses trend in Q4 2024?

System1 (SST) experienced a decline in revenue and a significant increase in expenses in Q4 2024, resulting in a substantial net loss.

1. **Revenue Trend**: The total revenue for SST in Q4 2024 was $75.6 million, representing a year-over-year growth rate of -0.21%. This indicates a slight contraction in revenue compared to the previous year.
2. **Expense Trend**: The total expenses for the quarter were not provided; however, the net income was -$18.02 million. This net loss suggests that the expenses were substantial, potentially exceeding the revenue in the quarter.
3. **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.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|SST|SST.N|System1|2023 Q4|-31.377658473202874|9.612E7|169|
|SST|SST.N|System1|2024 Q1|-29.8890338347727|8.4917E7|169|
|SST|SST.N|System1|2024 Q2|-2.4072889365829497|9.4581E7|169|
|SST|SST.N|System1|2024 Q3|1.1546607756951879|8.8832E7|169|

|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|
|SST|SST.N|System1|2023 Q4|5.6649E7|-3.6532E7|169|
|SST|SST.N|System1|2024 Q1|5.7015E7|-1.3791E7|169|
|SST|SST.N|System1|2024 Q2|6.7869E7|-3.4845E7|169|
|SST|SST.N|System1|2024 Q3|5.9477E7|-3.0639E7|169|