System1 Group (FRA:BBA) Gross Profit: €37.18 Mil (TTM As of Mar. 2026)

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FRA:BBA System1 Group PLC FRA:BBA
82 GF Score
Price €3.54
GF Value €4.60
Valuation Modestly Undervalued
! 2 Warning Signs
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What is System1 Group Gross Profit?

System1 Group FRA:BBA 82 Gross Profit is €37.18 Mil as of Mar. 2026. GuruFocus rates FRA:BBA with a GF Score™ of 82/100 and a GF Value™ of €4.60 (Modestly Undervalued). The stock has 2 warning signs investors should review.

System1 Group's gross profit for the six months ended in Mar. 2026 was €20.04 Mil. System1 Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was €37.18 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. System1 Group's gross profit for the six months ended in Mar. 2026 was €20.04 Mil. System1 Group's Revenue for the six months ended in Mar. 2026 was €22.88 Mil. Therefore, System1 Group's Gross Margin % for the quarter that ended in Mar. 2026 was 87.61%.

System1 Group had a gross margin of 87.61% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of System1 Group was 87.80%. The lowest was 81.97%. And the median was 84.23%.


System1 Group  (FRA:BBA) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

System1 Group had a gross margin of 87.61% for the quarter that ended in Mar. 2026 => Durable competitive advantage


System1 Group Gross Profit Related Terms


System1 Group Gross Profit Historical Data

* Premium members only.

The historical data trend for System1 Group's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

System1 Group Gross Profit Chart

System1 Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.16 22.35 30.54 39.27 37.21

System1 Group Semi-Annual Data
Jun16 Dec16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.88 19.09 20.13 17.14 20.04

FRA:BBA vs APP, OMC, TTD: Gross Profit Comparison

For the Advertising Agencies subindustry, System1 Group's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


System1 Group Gross Profit vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, System1 Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where System1 Group's Gross Profit falls into.


FRA:BBA
82GF Score
System1 Group PLC FRA:BBA
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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System1 Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

System1 Group's Gross Profit for the fiscal year that ended in Mar. 2026 is calculated as

Gross Profit (A: Mar. 2026 )=Revenue - Cost of Goods Sold
=42.617 - 5.404
=37.21

System1 Group's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=22.876 - 2.835
=20.04

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €37.18 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

System1 Group's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=20.04 / 22.876
=87.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of €37.18 Mil mean?
System1 Group (FRA:BBA) has a Gross Profit of €37.18 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on System1 Group and its competitors.
Is System1 Group's Gross Profit too high?
System1 Group's current Gross Profit is €37.18 Mil. Overall, System1 Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does System1 Group's Gross Profit compare to APP and OMC?
System1 Group's Gross Profit of €37.18 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Media - Diversified company?
A good Gross Profit depends on the Media - Diversified industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on System1 Group and its competitors. System1 Group's current Gross Profit is €37.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System1 Group stock overvalued right now?
Based on GuruFocus' analysis, System1 Group (FRA:BBA) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.60, compared to a current price of €3.54 — trading 23% below its estimated fair value. The current Gross Profit is €37.18 Mil. System1 Group's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For System1 Group (FRA:BBA), the current Gross Profit is €37.18 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is System1 Group (FRA:BBA) Overvalued in 2026?

Based on GuruFocus' analysis, System1 Group stock appears to be undervalued. The current stock price of €3.54 is trading 23% below its estimated GF Value™ of €4.60. GuruFocus considers System1 Group to be Modestly Undervalued.

Key valuation signals for FRA:BBA:

  • Gross Profit: €37.18 Mil
  • GF Value™: €4.60 vs. price of €3.54 (23% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the FRA:BBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


System1 Group Business Description

Other Exchanges SYS1:UKBBA:Germany
Address 26 Hatton Garden, London, GBR, EC1N 8BR
System1 Group PLC is engaged in providing market research data and insight services. The company's geographical segments include the United States of America, Latin America (LatAm), the United Kingdom, the Rest Of Europe, and the Asia Pacific (APAC) region. A majority of its revenue is generated from its business in the United Kingdom.
82GF Score

Get the complete analysis for FRA:BBA

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.54
Price
€4.60
GF Value