System1, Inc.
Cash Flow History
| Fiscal Year | Operating Cash Flow | Free Cash Flow | CapEx | Share-Based Compensation |
|---|---|---|---|---|
| FY2020 | $-402.8K | $-402.8K | — | — |
| FY2021 | $60.7M | $60.7M | $49.0K | $413.0K |
| FY2022 | $3.3M | $-229.0K | $3.5M | $108.3M |
| FY2023 | $-24.7M | $-27.1M | $2.4M | $53.1M |
| FY2024 | $-5.3M | $-5.3M | $31.0K | $15.8M |
| FY2025 | $-4.1M | $-4.2M | $46.0K | $11.3M |