
System1 Group PLC
LSE:SYS1

Income Statement
Earnings Waterfall
System1 Group PLC
Revenue
|
35m
GBP
|
Cost of Revenue
|
-4.6m
GBP
|
Gross Profit
|
30.5m
GBP
|
Operating Expenses
|
-25.8m
GBP
|
Operating Income
|
4.7m
GBP
|
Other Expenses
|
-1.5m
GBP
|
Net Income
|
3.2m
GBP
|
Income Statement
System1 Group PLC
Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | Mar-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||
Revenue |
5
N/A
|
6
+23%
|
7
+16%
|
8
+16%
|
9
+22%
|
10
+9%
|
12
+16%
|
14
+20%
|
16
+15%
|
18
+11%
|
21
+14%
|
22
+6%
|
21
-5%
|
21
+2%
|
24
+15%
|
25
+2%
|
25
-1%
|
25
+2%
|
25
+0%
|
27
+6%
|
31
+17%
|
32
+3%
|
27
-16%
|
26
-2%
|
27
+2%
|
27
+2%
|
25
-7%
|
22
-14%
|
23
+4%
|
25
+10%
|
24
-4%
|
22
-8%
|
23
+5%
|
26
+12%
|
30
+14%
|
35
+17%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(5)
|
|
Gross Profit |
3
N/A
|
4
+21%
|
5
+17%
|
6
+17%
|
7
+21%
|
8
+10%
|
9
+19%
|
11
+22%
|
13
+16%
|
14
+12%
|
16
+14%
|
17
+5%
|
16
-5%
|
17
+3%
|
19
+15%
|
19
+1%
|
19
+0%
|
20
+3%
|
20
+2%
|
22
+7%
|
26
+18%
|
26
+3%
|
22
-16%
|
22
-3%
|
22
+2%
|
23
+4%
|
22
-5%
|
19
-14%
|
19
+3%
|
21
+9%
|
20
-4%
|
18
-9%
|
20
+7%
|
23
+16%
|
26
+14%
|
30
+17%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(9)
|
(10)
|
(12)
|
(13)
|
(14)
|
(15)
|
(14)
|
(16)
|
(16)
|
(15)
|
(16)
|
(16)
|
(17)
|
(19)
|
(21)
|
(20)
|
(19)
|
(20)
|
(20)
|
(21)
|
(20)
|
(17)
|
(17)
|
(19)
|
(19)
|
(19)
|
(21)
|
(23)
|
(26)
|
|
Selling, General & Administrative |
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(9)
|
(10)
|
(12)
|
(13)
|
(14)
|
(15)
|
(14)
|
(16)
|
(16)
|
(15)
|
(16)
|
(16)
|
(17)
|
(19)
|
(21)
|
(20)
|
(19)
|
(20)
|
(20)
|
(21)
|
(20)
|
(18)
|
(18)
|
(19)
|
(19)
|
(19)
|
(22)
|
(23)
|
(26)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
0
N/A
|
0
+17%
|
1
+507%
|
1
+6%
|
1
+43%
|
1
+2%
|
2
+24%
|
2
+17%
|
2
+16%
|
2
+5%
|
3
+18%
|
3
+3%
|
2
-47%
|
2
+38%
|
4
+69%
|
4
+7%
|
4
+13%
|
4
-8%
|
5
+15%
|
5
+11%
|
6
+24%
|
5
-13%
|
2
-63%
|
2
+15%
|
2
-10%
|
2
+16%
|
0
-83%
|
(1)
N/A
|
2
N/A
|
4
+70%
|
1
-72%
|
(0)
N/A
|
1
N/A
|
2
+105%
|
3
+80%
|
5
+51%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
0
N/A
|
0
+56%
|
1
+536%
|
1
+8%
|
1
+43%
|
1
+1%
|
2
+20%
|
2
+16%
|
2
+15%
|
2
+5%
|
3
+18%
|
3
+3%
|
2
-47%
|
2
+38%
|
4
+70%
|
4
+6%
|
4
+13%
|
4
-9%
|
5
+15%
|
5
+11%
|
6
+24%
|
5
-13%
|
2
-63%
|
2
+11%
|
2
-13%
|
2
+18%
|
0
-87%
|
(2)
N/A
|
2
N/A
|
4
+80%
|
1
-75%
|
(0)
N/A
|
1
N/A
|
2
+129%
|
3
+88%
|
5
+52%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
(0)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
|
Income from Continuing Operations |
(0)
|
(0)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
1
|
1
|
2
|
3
|
3
|
3
|
3
|
3
|
4
|
3
|
1
|
1
|
1
|
1
|
(0)
|
(1)
|
2
|
3
|
1
|
(0)
|
0
|
1
|
2
|
3
|
|
Net Income (Common) |
(0)
N/A
|
0
N/A
|
1
+6 500%
|
1
+8%
|
1
+35%
|
1
+2%
|
1
+20%
|
1
+14%
|
1
+10%
|
2
+5%
|
2
+19%
|
2
+3%
|
1
-46%
|
1
+38%
|
2
+71%
|
3
+6%
|
3
+12%
|
3
-9%
|
3
+15%
|
3
+9%
|
4
+19%
|
3
-13%
|
1
-65%
|
1
+10%
|
1
-5%
|
1
+18%
|
(0)
N/A
|
(1)
-330%
|
2
N/A
|
3
+59%
|
1
-65%
|
(0)
N/A
|
0
N/A
|
1
+207%
|
2
+64%
|
3
+56%
|
|
EPS (Diluted) |
0
N/A
|
0
N/A
|
0.05
N/A
|
0.05
N/A
|
0.07
+40%
|
0.07
N/A
|
0.09
+29%
|
0.11
+22%
|
0.12
+9%
|
0.12
N/A
|
0.14
+17%
|
0.15
+7%
|
0.08
-47%
|
0.11
+38%
|
0.19
+73%
|
0.2
+5%
|
0.21
+5%
|
0.2
-5%
|
0.23
+15%
|
0.25
+9%
|
0.3
+20%
|
0.26
-13%
|
0.1
-62%
|
0.11
+10%
|
0.1
-9%
|
0.12
+20%
|
-0.02
N/A
|
-0.08
-300%
|
0.13
N/A
|
0.21
+62%
|
0.07
-67%
|
-0.03
N/A
|
0.03
N/A
|
0.1
+233%
|
0.16
+60%
|
0.25
+56%
|