System1 Group PLC (AIM:SYS1)

System1 Group Income Statement

Financials in millions GBP. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	37.43	30.02	23.41	24.1	22.84
Revenue Growth (YoY)	24.67%	28.23%	-2.85%	5.51%	-10.35%
Cost of Revenue	4.57	3.9	3.69	3.9	3.69
Gross Profit	32.86	26.12	19.72	20.2	19.15
Selling, General & Admin	27.98	23.43	18.93	19.62	16.49
Other Operating Expenses	-0.38	-0.41	-0.05	-0.29	-0.65
Operating Expenses	27.59	23.02	18.88	19.33	15.93
Operating Income	5.27	3.1	0.84	0.87	3.22
Interest Expense	-0.03	-0.04	-0.14	-0.16	-0.21
Interest & Investment Income	0.06	0.04	0.02	-	-
EBT Excluding Unusual Items	5.3	3.11	0.72	0.71	3.01
Asset Writedown	-	-	-	0.24	-0.94
Pretax Income	5.3	3.11	0.72	0.95	2.08
Income Tax Expense	0.83	1.08	0.32	-0.01	0.39
Net Income	4.47	2.03	0.4	0.96	1.69
Net Income to Common	4.47	2.03	0.4	0.96	1.69
Net Income Growth	120.02%	403.22%	-57.70%	-43.49%	-
Shares Outstanding (Basic)	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13
Shares Change (YoY)	0.22%	-0.18%	-1.28%	0.19%	2.13%
EPS (Basic)	0.35	0.16	0.03	0.07	0.13
EPS (Diluted)	0.35	0.16	0.03	0.07	0.13
EPS Growth	120.00%	402.91%	-57.01%	-43.51%	-
Free Cash Flow	5.39	5.83	-0.66	3.96	4.07
Free Cash Flow Per Share	0.42	0.46	-0.05	0.31	0.32
Dividend Per Share	0.055	0.050	-	-	-
Dividend Growth	10.00%	-	-	-	-
Gross Margin	87.80%	87.02%	84.23%	83.82%	83.86%
Operating Margin	14.07%	10.33%	3.58%	3.61%	14.12%
Profit Margin	11.95%	6.77%	1.73%	3.96%	7.40%
Free Cash Flow Margin	14.39%	19.43%	-2.81%	16.42%	17.81%
EBITDA	5.77	3.75	0.92	0.96	3.34
EBITDA Margin	15.41%	12.48%	3.92%	3.97%	14.60%
D&A For EBITDA	0.5	0.65	0.08	0.09	0.11
EBIT	5.27	3.1	0.84	0.87	3.22
EBIT Margin	14.07%	10.33%	3.58%	3.61%	14.12%
Effective Tax Rate	15.65%	34.61%	43.81%	-	18.59%

Updated Dec 3, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.