Capital Markets Day
22 October 2025
Agenda
Trading s Outlook
James Gregory
Chief Executive Officer
Chris Willford
Chief Financial Officer
AI and System1
Rebecca Hatherall
Chief Strategy Officer
Advertising
Jon Evans
Chief Customer Officer
Innovation
Tristan Findlay
Innovation Managing Director
QsA
We help the world's largest brands make
confident creative decisions
that lead to transformational business resultsSource | Clayton Christensen, Harvard Business School
© System1 Group PLC 4
We focus on the twin engines of marketing growth - Advertising and Innovation -to grow our customers' long-term brand and short-term sales
Advertising
How can I be confident that my advertising will drive growth?
Innovation
How can I be confident that my idea will be a commercial success?
The world's most predictive ad effectiveness platform and competitiveness database
Predict the commercial potential of your innovation
Impact on Brand
How can I measure the impact of my marketing activity on my brand health C predict further growth?
The World's most agile C predictive brand health framework
© System1 Group PLC 5
We remain confident in our investment choices
alongside our strategic goals
World's Largest
Brands
Winning in America
Innovation (Idea Testing)
© System1 Group PLC 6
Trading & OutlookJames Gregory C Chris Willford
Trading Update Highlights
Total H1 Revenue £17.1m (-7%)
Platform Revenue £1G.2m (-3%)
US platform revenue £G.0m (+3%)
Innovation platform revenue £1.5m (+107%)
New platform revenue Record £3.4m
Q3 to date trading in line with guidance
H1 GP margin 87% (in line with H1 FY25)
H1 period end cash £10.8m
H1 adjusted PBT range £0.2-£0.3m
© System1 Group PLC 8
H1 Progress despite macro headwinds
Going well in H1
Challenges in H1
Innovation revenue +2G% vs. H1FY25
(platform +107%)
USA momentum +3%, +8% USD
(platform +13% in USD)
APAC momentum +11%
(+16% at constant exchange)
New platform revenue +G% on record H1 FY25
Ad testing budget reductions with major clients
Impact of tariff wars on client confidence and pre-
testing budgets in Continental Europe
Impact of minimum wage and ERNI on retail and
hospitality clients' discretionary budgets in UK
Retention of largest
clients
No losses in FY2G
FX -2% total revenue impact, most notably USD,
Cash at end H1 £10.8m AUD, BRL
© System1 Group PLC 9
September reduction in profit guidance due mainly to
additional investment and flat YoY revenue
~3.5-4.0
© System1 Group PLC 10
The 3 big topics to address today
What does AI mean for System1?
Is there still growth in the Advertising business?
How is the Innovation relaunch going?
© System1 Group PLC 11
AI and System1Rebecca Hatherall
AI is supercharging
the marketing and market research industries with more and faster content
50% 30% Huge increasein quantity of assets being created for both advertising and innovation
of marketers are using AI to help with the brainstorming and creation of assets
Huge decreasein the speed and cost of the cycle from asset creation to launch - with testing cycles to shrink to fit this
Reduction in content creation time
But predictiveness is paramount
Shit delivered at the speed of light is still shit.
David Ogilvy
While practices may change,
human principles remain the same
1.0
0.64
71
Emotion (still) builds brands.
Standing out takes more than algorithms.
Even the biggest AI names are looking to build their brands - with TV advertising -and are still learning how to do it well.
We understand the power of emotion in a data-driven world.
© System1 Group PLC 15
Which is why our Advertising and Innovation databases of
millions of human emotion data points is key
123,340 ads
18.5 million human responses*
GG,210 ideas
3.1 million human responses*
*each human provides multiple emotional data points within their response per ad and idea
© System1 Group PLC 16
So, what does this mean for S1 …
AI in combination with humans is the winning formula
Human experience makes
up dataset for benchmark
AI can then mine that to surface insight
AI for quick pointers and application of best practice
Human expertise delivers highly tailored improvement (AI can help scale this bit too)
Launch& Review
Improve
Asset Creation
Validate
AI for first drafts,
humans to review
AI trained on human emotion
can deliver broad results
Human responses give detailed diagnostics
© System1 Group PLC 17
So, what does this mean for S1 …
AI in combination with humans is the winning formula
TYA post-launch
benchmarking
TYI Partnerships
in exploration
Launch& Review
Asset Creation
TYA & TYI
instant insight
powered by database
Improve
Validate
TYA instant (AI) prediction coming early 2026
TYI instant (AI) prediction in development
© System1 Group PLC 18
AdvertisingJon Evans
Advertising
Delivering Joy - an Amazon example
HUMAN BEHAVIOUR ALL MEDIA AI ENHANCED
© System1 Group PLC 25
Foundations of System1 thinking & thought leadership don't change
5 years ago we changed the game of Ad testing to predictive, fast C intuitive
© System1 Group PLC 27
We created the only platform that tests everything to create real benchmarks
We built our channel thought leadership and product in tandem
© System1 Group PLC 28
In the last 12 months our reports have been downloaded 43,328 times an increase of 260%
Creating mass reach through our own media channels
250k followers & over 150m views in the last 12 months
Growth by media vs last year
Podcast +115% Website +G8% Webinar Attendees +335% Linkedin +137% US Spontaneous Awareness +100%
© System1 Group PLC 29
© System1 Group PLC 33
Resulting in 500+ customers & £30m revenue in just 5 years
© System1 Group PLC 34
FY25
FY24
FY23
Revenue £ms
FY22
FY21
0
5
10
15
20
25
533
3G1
251
220
81
No. Customers
30
TYA Data + Data-Led Consultancy

