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System1 Group PLC (SYS1)


Friday 13 August, 2021

System1 Group PLC

Trading Update for the Annual General Meeting

RNS Number : 5007I
System1 Group PLC
13 August 2021

13 August 2021



("System1", or "the Company", or "the Group")



Trading Update for the Annual General Meeting


System1 Group, the Advertising Effectiveness Agency, is today providing a Trading Update to coincide with the Company's AGM.

Total revenue in the quarter ended 30 June was £6.5m, broadly in line with the previous quarter and 38% higher than the equivalent Covid-affected period last year. Data products represented 28% of revenue in Q1, compared with 15% in Q4.

Cash balances grew to £10.1 m in the quarter, and profitability was in line with the Company's expectations.



We expect double-digit year-on-year sales growth in H1 overall, despite a quiet start to the second quarter in the USA. The proportion of revenue from our data products continues to rise and will likely represent a third of the Company's revenues in H1.


The Company can be found at


This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement, this information is now considered to be in the public domain. 


For further information, please contact:


System1 Group PLC

Tel: +44 (0)20 7043 1000

John Kearon, Founder & Executive President

Stefan Barden, Chief Executive Officer

Chris Willford, Chief Financial Officer


Canaccord Genuity Limited

Tel: +44 (0)20 7523 8000

Simon Bridges / Andrew Potts


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