)
Edge31 Oct 2025
Rolls-Royce: Full Thrust Ahead
From century-old crafted perfection to pandemic shock and reset, Rolls-Royce's story is shaped by heritage, turbulence, and a disciplined climb back.
System1 (SST) investor relations material
System1 Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary5 Nov, 2025
Executive summary
Q3 2025 revenue declined 31% year-over-year to $61.6 million, primarily due to the sunsetting of Google's AdSense for Domains (AFD), which significantly impacted marketing revenue and profitability.
The company is transitioning marketing efforts to Google's Related Search on Content (RSoC) product, where it is a market leader, and expects this to be a more durable revenue source.
Product segment, including Startpage, MapQuest, and CouponFollow, showed strong user growth, innovation, and international expansion, with notable launches such as Startpage's Vanish AI chat and MapQuest's redesigned apps.
Completed a corporate reorganization in August 2024, consolidating assets under System1 Holdings, LLC, and implemented a 1-for-10 reverse stock split in June 2025.
Operates flagship brands in shopping, travel, and search, leveraging an AI-driven customer acquisition platform across multiple verticals and advertising networks.
Financial highlights
Q3 2025 revenue was $61.6 million, down 31% year-over-year and 21% sequentially; nine-month revenue was $214.2 million, down 20%.
Adjusted gross profit was $36.1 million, down 4% year-over-year; adjusted gross profit margin rose to 59% from 42% year-over-year.
Adjusted EBITDA was $9.9 million, down 4% year-over-year and 16% sequentially.
Net loss attributable to the company was $18.5 million, an improvement from $23.6 million loss in Q3 2024; GAAP net loss improved 28% year-over-year to $22.0 million.
Cash and cash equivalents at quarter-end were $54.6 million, with $50 million available on the revolving facility.
Outlook and guidance
No Q4 2025 guidance provided due to ongoing uncertainty with a key advertising partner and broader online advertising volatility, but management expects most Google-related volatility is behind them and anticipates providing guidance soon.
Product segment is expected to continue growing, and marketing is anticipated to rebound as the Google marketplace stabilizes.
Management expects existing cash and cash flows to be sufficient for at least the next twelve months.
Focus remains on accelerating product growth, diversifying marketing channels, expanding advertising partners, and reducing operating expenses and debt service.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next System1 earnings date
Q4 202512 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
System1, Inc. is a technology company focused on operating an omnichannel customer acquisition platform. The company specializes in developing tools that use machine learning algorithms to acquire customers across various industries. It provides digital marketing and advertising solutions that optimize campaigns for businesses by using proprietary technology to analyze and manage large amounts of data. System1 serves clients in sectors such as e-commerce, insurance, and subscription services, aiming to connect advertisers with potential customers through multiple online channels. The company is headquartered in Los Angeles, California, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage