Business
Interim Results
System1 Group PLC reported a 7% decrease in total revenue to £17.1 million for the six months ended 30 September 2025, with platform revenue declining 3% to £16.2 million, though it now constitutes 95% of total revenue. Profit before taxation fell significantly by 90% to £0.3 million, resulting in a profit for the period of £0.1 million, a 94% decrease from the prior year. Operating costs increased by 7% to £14.6 million due to investments in growth, while cash reserves decreased to £10.8 million. Despite the financial downturn, the company noted stronger bookings in October and November and anticipates trading in line with previous guidance for the full fiscal year. Disclaimer*
About this update from System1 Group Plc
[{"type":"text","content":"\n\nPress Release\n2 December 2025\n \nSystem1 Group PLC (AIM: SYS1)\n(\"System1\" or \"the Group\" or \"the Company\")\n \nUnaudited interim results for the six months ended 30 September 2025\n \nSystem1 Group www.system1group.com announces its unaudited interim results for the six months ended 30 September 2025 (\"H1\", \"H1 FY26\").\n \n\n\n\n\nStatutory Basis\n\n\n\n\n\nH1\nFY26\n\n\nH1\nFY25\n\n\nChange*\n\n\n\n\n\n\n\n\n\n\n£m\n\n\n£m\n\n\n%\n\n\n\n\nPlatform\n\n\n\n\n\n16.2\n\n\n16.7\n\n\n-3%\n\n\n\n\nNon-Platform\n\n\n\n\n\n0.9\n\n\n1.6\n\n\n-46%\n\n\n\n\nTotal Revenue\n\n\n\n\n\n17.1\n\n\n18.3\n\n\n-7%\n\n\n\n\nGross Profit\n\n\n\n\n\n14.9\n\n\n16.0\n\n\n-7%\n\n\n\n\nOperating Costs\n\n\n\n\n\n(14.6)\n\n\n(13.7)\n\n\n7%\n\n\n\n\nOther Operating Income\n\n\n\n\n\n-\n\n\n0.3\n\n\n-100%\n\n\n\n\nProfit before Taxation\n\n\n\n\n\n0.3\n\n\n2.6\n\n\n-90%\n\n\n\n\nIncome Tax Expense\n\n\n\n\n\n(0.2)\n\n\n(0.8)\n\n\n-83%\n\n\n\n\nProfit for the Period\n\n\n\n\n\n0.1\n\n\n1.7\n\n\n-94%\n\n\n\n\nDiluted Earnings per Share\n\n\n\n\n\n0.9p\n\n\n13.8p\n\n\n-93%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n* Percentages and totals are based on numbers rounded to £'000s\n \nH1 Highlights\n· As previously announced on 23 September and further explained at the 22 October Capital Markets Day, the Company experienced lower, but ongoing, spend from many of its largest clients during H1, due to the wider macroeconomic uncertainty.\n· Continued revenue growth in the USA (+3%), and APAC (+11%). UK -9%, LatAm -5%. Year-on-year FX impacts in all non-UK regions reduced reported revenue growth by ca 2% overall.\n· Platform revenue declined 3% on H1 FY25 to £16.2m and represented 95% of total revenue (H1 FY25: 91%). Total revenue decreased by 7%.\n· New client revenue £3.4m in H1 (H1 FY25: £3.2m).\n· Innovation Revenue +26% on H1 FY25, Adtesting down by 10%.\n \n· Gross profit margin in line with H1 FY25 at 87.0% (H1 FY25: 87.3%).\n· Operating expenditure increased by 7% to £14.6m (H1 FY25: £13.7m), due mainly to investment in future growth, with lower variable pay mitigating the year-on-year increase.\n \n· ...