vs

Side-by-side financial comparison of Hour Loop, Inc (HOUR) and System1, Inc. (SST). Click either name above to swap in a different company.

Hour Loop, Inc is the larger business by last-quarter revenue ($56.1M vs $51.9M, roughly 1.1× System1, Inc.). Hour Loop, Inc runs the higher net margin — -1.2% vs -26.0%, a 24.8% gap on every dollar of revenue. On growth, Hour Loop, Inc posted the faster year-over-year revenue change (3.0% vs -31.3%). Over the past eight quarters, Hour Loop, Inc's revenue compounded faster (50.7% CAGR vs -21.8%).

Hour Loop, Inc. is an e-commerce retail company that offers a diverse portfolio of products including home goods, apparel, toys, electronics accessories, and daily consumer essentials. It primarily operates through leading third-party online marketplaces, with its core customer base concentrated in North America, focusing on delivering affordable, high-value daily products to mass consumers.

System1 is an American Internet advertising company. Formerly known as OpenMail, it was founded in 2013. It describes itself as operating a "Responsive Acquisition Marketing Platform", and cites privacy as one of its principal foci, although it has been criticized for its influence on privacy-focused properties, including search engine Startpage.com. It is headquartered in Marina del Rey, California.

HOUR vs SST — Head-to-Head

Bigger by revenue
HOUR
HOUR
1.1× larger
HOUR
$56.1M
$51.9M
SST
Growing faster (revenue YoY)
HOUR
HOUR
+34.3% gap
HOUR
3.0%
-31.3%
SST
Higher net margin
HOUR
HOUR
24.8% more per $
HOUR
-1.2%
-26.0%
SST
Faster 2-yr revenue CAGR
HOUR
HOUR
Annualised
HOUR
50.7%
-21.8%
SST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HOUR
HOUR
SST
SST
Revenue
$56.1M
$51.9M
Net Profit
$-657.3K
$-13.5M
Gross Margin
49.6%
41.0%
Operating Margin
-1.5%
-33.6%
Net Margin
-1.2%
-26.0%
Revenue YoY
3.0%
-31.3%
Net Profit YoY
57.0%
4.8%
EPS (diluted)
$-0.02
$-3.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HOUR
HOUR
SST
SST
Q4 25
$56.1M
$51.9M
Q3 25
$33.4M
$61.6M
Q2 25
$27.1M
$78.1M
Q1 25
$25.8M
$74.5M
Q4 24
$54.4M
$75.6M
Q3 24
$31.1M
$88.8M
Q2 24
$28.1M
$94.6M
Q1 24
$24.7M
$84.9M
Net Profit
HOUR
HOUR
SST
SST
Q4 25
$-657.3K
$-13.5M
Q3 25
$530.6K
$-18.5M
Q2 25
$1.2M
$-17.5M
Q1 25
$654.5K
$-15.9M
Q4 24
$-1.5M
$-14.2M
Q3 24
$469.6K
$-23.6M
Q2 24
$649.1K
$-26.4M
Q1 24
$1.1M
$-10.5M
Gross Margin
HOUR
HOUR
SST
SST
Q4 25
49.6%
41.0%
Q3 25
51.4%
36.9%
Q2 25
57.2%
35.7%
Q1 25
54.7%
38.2%
Q4 24
45.7%
42.1%
Q3 24
54.8%
28.0%
Q2 24
55.7%
27.6%
Q1 24
58.6%
21.9%
Operating Margin
HOUR
HOUR
SST
SST
Q4 25
-1.5%
-33.6%
Q3 25
2.2%
-25.3%
Q2 25
6.0%
-20.4%
Q1 25
3.6%
-17.6%
Q4 24
-4.5%
-15.7%
Q3 24
2.3%
-24.6%
Q2 24
3.3%
-30.8%
Q1 24
6.2%
-30.4%
Net Margin
HOUR
HOUR
SST
SST
Q4 25
-1.2%
-26.0%
Q3 25
1.6%
-30.1%
Q2 25
4.3%
-22.4%
Q1 25
2.5%
-21.3%
Q4 24
-2.8%
-18.7%
Q3 24
1.5%
-26.6%
Q2 24
2.3%
-27.9%
Q1 24
4.3%
-12.4%
EPS (diluted)
HOUR
HOUR
SST
SST
Q4 25
$-0.02
$-3.58
Q3 25
$0.01
$-2.30
Q2 25
$0.04
$-2.23
Q1 25
$0.02
$-0.21
Q4 24
$-0.04
$-3.41
Q3 24
$0.01
$-3.37
Q2 24
$0.02
$-3.80
Q1 24
$0.03
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HOUR
HOUR
SST
SST
Cash + ST InvestmentsLiquidity on hand
$86.9M
Total DebtLower is stronger
$305.1M
Stockholders' EquityBook value
$7.0M
$30.5M
Total Assets
$23.8M
$405.0M
Debt / EquityLower = less leverage
10.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HOUR
HOUR
SST
SST
Q4 25
$86.9M
Q3 25
$54.6M
Q2 25
$63.6M
Q1 25
$43.9M
Q4 24
$63.6M
Q3 24
$69.1M
Q2 24
$75.7M
Q1 24
$2.9M
$69.9M
Total Debt
HOUR
HOUR
SST
SST
Q4 25
$305.1M
Q3 25
$259.2M
Q2 25
$263.3M
Q1 25
$267.4M
Q4 24
$255.1M
Q3 24
$259.2M
Q2 24
$263.3M
Q1 24
$268.6M
Stockholders' Equity
HOUR
HOUR
SST
SST
Q4 25
$7.0M
$30.5M
Q3 25
$7.7M
$42.7M
Q2 25
$7.2M
$58.2M
Q1 25
$5.8M
$67.2M
Q4 24
$5.2M
$80.3M
Q3 24
$6.7M
$90.3M
Q2 24
$6.2M
$109.4M
Q1 24
$5.5M
$131.7M
Total Assets
HOUR
HOUR
SST
SST
Q4 25
$23.8M
$405.0M
Q3 25
$31.6M
$385.2M
Q2 25
$23.0M
$429.2M
Q1 25
$19.1M
$419.2M
Q4 24
$20.0M
$459.1M
Q3 24
$32.4M
$479.3M
Q2 24
$20.2M
$511.3M
Q1 24
$16.7M
$521.1M
Debt / Equity
HOUR
HOUR
SST
SST
Q4 25
10.01×
Q3 25
6.07×
Q2 25
4.53×
Q1 25
3.98×
Q4 24
3.18×
Q3 24
2.87×
Q2 24
2.41×
Q1 24
2.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HOUR
HOUR
SST
SST
Operating Cash FlowLast quarter
$3.0M
$-10.6M
Free Cash FlowOCF − Capex
$3.0M
FCF MarginFCF / Revenue
5.3%
Capex IntensityCapex / Revenue
0.0%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$2.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HOUR
HOUR
SST
SST
Q4 25
$3.0M
$-10.6M
Q3 25
$500.4K
$-2.1M
Q2 25
$-901.5K
$24.5M
Q1 25
$-23.9K
$-15.9M
Q4 24
$1.5M
$772.0K
Q3 24
$-2.2M
$-5.0K
Q2 24
$456.2K
$10.0M
Q1 24
$492.9K
$-16.0M
Free Cash Flow
HOUR
HOUR
SST
SST
Q4 25
$3.0M
Q3 25
$449.3K
Q2 25
$-901.6K
Q1 25
$-24.6K
$-16.0M
Q4 24
$1.5M
Q3 24
$-2.2M
$-36.0K
Q2 24
$439.4K
Q1 24
$475.1K
FCF Margin
HOUR
HOUR
SST
SST
Q4 25
5.3%
Q3 25
1.3%
Q2 25
-3.3%
Q1 25
-0.1%
-21.5%
Q4 24
2.8%
Q3 24
-7.0%
-0.0%
Q2 24
1.6%
Q1 24
1.9%
Capex Intensity
HOUR
HOUR
SST
SST
Q4 25
0.0%
0.0%
Q3 25
0.2%
0.0%
Q2 25
0.0%
0.0%
Q1 25
0.0%
0.1%
Q4 24
0.0%
0.0%
Q3 24
0.0%
0.0%
Q2 24
0.1%
0.0%
Q1 24
0.1%
0.0%
Cash Conversion
HOUR
HOUR
SST
SST
Q4 25
Q3 25
0.94×
Q2 25
-0.77×
Q1 25
-0.04×
Q4 24
Q3 24
-4.64×
Q2 24
0.70×
Q1 24
0.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons