System1 Group First Half 2023 Earnings: UK£1.70 loss per share (vs UK£0.088 profit in 1H 2022)

In this article:

System1 Group (LON:SYS1) First Half 2023 Results

Key Financial Results

  • Revenue: UK£10.5m (down 15% from 1H 2022).

  • Net loss: UK£210.0k (down by 119% from UK£1.13m profit in 1H 2022).

  • UK£1.70 loss per share (down from UK£0.088 profit in 1H 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

System1 Group Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Media industry in the United Kingdom.

Performance of the British Media industry.

The company's shares are down 14% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for System1 Group that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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