System1, Inc. (NYSE:SST) Q2 2022 Earnings Conference Call August 11, 2022 5:00 PM ET

Company Participants

Michael Blend - Co-Founder and CEO

Tridivesh Kidambi - CFO

Conference Call Participants

Shweta Khajuria - Evercore ISI

Victoria James - DA Davidson

Nat Schindler - BOA

Dan Kurnos - Benchmark

Operator

Thank you for standing by. And welcome to the Second Quarter 2022 Earnings Call and Webcast for System1. Joining me today to discuss System1’s operational financial results, are our Co-founder and CEO Michael Blend and our Chief Financial Officer to Tridivesh Kidambi.

A recording of this conference call will be available on our Investor Relations website at ir.systemone.com shortly after this call is ended. I’d like to take this opportunity to remind you that during the call, we will be making forward looking statements. This includes statements relating to the operation and performance of our business, future financial results and guidance, strategy, long term growth and overall future prospects. We may also make statements regarding regulatory or compliance matters.

These statements are subject to known and unknown risks and uncertainties that could cause our actual results to differ materially from those projected or implied during this call. In particular, those described in our risk factors included in our registration statement on form S-1 filed on April 13, 2022, in our form 10-K for fiscal year 2021, filed on March 31, 2022, and in our form 10-Q for the second quarter of 2022, out shortly, as well as the current uncertainty and unpredictability in our business, the markets and the global economy generally.

You should not rely on our forward looking statements as predictions of future events. All forward looking statements that we make on this call are based on assumptions and beliefs as of the date hereof and System1 disclaims any obligation to update any forward looking statements except as required by law.

Our discussion today will include non-GAAP financial measures including pro forma revenue, pro forma gross profit and pro forma adjusted EBITDA. These non-GAAP measures should be considered in addition to and not as a substitute for or an isolation from our GAAP results. Information regarding our non-GAAP financial results including a reconciliation of our historical GAAP to non-GAAP results may be found in our earnings release which was furnished with our form 8-K filed today with the SEC. It may also be found on our Investor Relations website.

I would now like to turn the conference call over to System1’s Co-Founder and Chief Executive Officer Michael Blend.