See more : Atlinks Group Limited (8043.HK) Income Statement Analysis – Financial Results
Complete financial analysis of Research Solutions, Inc. (RSSS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Research Solutions, Inc., a leading company in the Software – Application industry within the Technology sector.
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Research Solutions, Inc. (RSSS)
About Research Solutions, Inc.
Research Solutions, Inc., through its subsidiaries, provides cloud-based software-as-a-service research platform. The company is also involved in the transactional sale of published scientific, technical, and medical (STM) content managed, sourced, and delivered through the Transactions platform. Its solutions enable life science and other research intensive organizations to accelerate their research and development activities with access and management STM articles used throughout the intellectual property development lifecycle. The company was formerly known as Derycz Scientific, Inc. and changed its name to Research Solutions, Inc. in March 2013. Research Solutions, Inc. was founded in 2006 and is based in Henderson, Nevada.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 44.62M | 37.70M | 32.93M | 31.76M | 31.06M | 28.79M | 28.02M | 25.75M | 34.36M | 31.90M | 36.55M | 45.50M | 42.82M | 33.50M | 24.94M | 14.65M | 12.21M | 3.85M |
| Cost of Revenue | 24.98M | 23.00M | 20.91M | 21.47M | 21.42M | 20.45M | 20.67M | 19.64M | 27.86M | 25.72M | 28.20M | 35.95M | 34.78M | 29.59M | 21.02M | 11.41M | 10.02M | 3.25M |
| Gross Profit | 19.64M | 14.70M | 12.02M | 10.29M | 9.64M | 8.34M | 7.35M | 6.10M | 6.50M | 6.18M | 8.35M | 9.55M | 8.04M | 3.91M | 3.92M | 3.24M | 2.19M | 597.63K |
| Gross Profit Ratio | 44.01% | 38.99% | 36.50% | 32.39% | 31.03% | 28.98% | 26.23% | 23.71% | 18.92% | 19.36% | 22.83% | 20.99% | 18.78% | 11.66% | 15.71% | 22.11% | 17.90% | 15.52% |
| Research & Development | 5.44M | 3.74M | 3.71M | 2.64M | 2.12M | 2.14M | 1.80M | 1.48M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 10.67M | 8.50M | 7.50M | 5.88M | 5.82M | 5.32M | 5.18M | 5.65M | 6.83M | 6.40M | 9.62M | 9.07M | 0.00 | 7.87M | 3.59M | 4.02M | 2.17M | 981.12K |
| Selling & Marketing | 3.44M | 2.29M | 2.28M | 2.07M | 2.51M | 2.08M | 2.18M | 3.39M | 5.29K | 0.00 | 0.00 | 0.00 | 0.00 | 618.98K | 439.88K | 158.52K | 40.44K | 23.66K |
| SG&A | 14.11M | 14.41M | 9.78M | 7.95M | 8.32M | 7.40M | 7.36M | 9.03M | 6.83M | 6.40M | 9.62M | 9.07M | 10.72M | 8.49M | 4.03M | 4.18M | 2.21M | 1.00M |
| Other Expenses | 857.67K | 338.62K | 17.65K | 11.52K | 23.65K | 38.82K | 58.18K | 23.86K | -31.61K | 1.22K | -15.56K | -84.02K | 3.97M | 673.88K | 206.62K | 235.66K | 341.47K | 0.00 |
| Operating Expenses | 20.41M | 14.46M | 13.51M | 10.61M | 10.47M | 9.57M | 9.31M | 9.17M | 6.92M | 6.57M | 10.13M | 9.66M | 12.18M | 9.16M | 4.24M | 4.41M | 2.55M | 1.10M |
| Cost & Expenses | 45.39M | 37.46M | 34.42M | 32.08M | 31.89M | 30.02M | 29.98M | 28.81M | 34.78M | 32.30M | 38.33M | 45.61M | 46.96M | 38.76M | 25.26M | 15.83M | 12.58M | 4.35M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.38K | 3.23K | 4.17K | 39.53K | 111.34K | 88.49K |
| Interest Expense | 0.00 | 0.00 | 136.74K | 0.00 | 0.00 | 0.00 | 4.00K | 12.00K | 17.38K | 18.06K | 55.92K | 89.41K | 220.67K | 144.07K | 6.92K | 34.99K | 32.31K | 6.35K |
| Depreciation & Amortization | 836.27K | 52.65K | 17.65K | 83.85K | 143.57K | 153.90K | 262.99K | 133.69K | 90.85K | 174.82K | 507.68K | 617.90K | 1.53M | 750.19K | 270.98K | 283.58K | 278.49K | 44.18K |
| EBITDA | 66.73K | 291.26K | -1.47M | -235.14K | -628.28K | -1.08M | -1.63M | -2.93M | -1.23M | -318.42K | -834.28K | 897.56K | -5.10M | -4.51M | -40.61K | -684.37K | -17.02K | -443.63K |
| EBITDA Ratio | 0.15% | 0.77% | -4.03% | -0.85% | -2.15% | -3.37% | -5.84% | -11.11% | -1.05% | -0.69% | -3.52% | 0.92% | -6.09% | -13.44% | -0.18% | -5.78% | -0.46% | -11.52% |
| Operating Income | -769.54K | 238.61K | -1.49M | -318.99K | -832.37K | -1.23M | -1.95M | -3.08M | -420.70K | -494.45K | -1.78M | 363.69K | -6.65M | -5.26M | -321.18K | -1.17M | -367.81K | -502.62K |
| Operating Income Ratio | -1.72% | 0.63% | -4.52% | -1.00% | -2.68% | -4.27% | -6.96% | -11.98% | -1.22% | -1.55% | -4.87% | 0.80% | -15.54% | -15.69% | -1.29% | -8.01% | -3.01% | -13.05% |
| Total Other Income/Expenses | -2.90M | 338.62K | 7.15K | 1.15K | 80.04K | 107.31K | 54.18K | 11.86K | -48.99K | -16.84K | -13.05K | -173.43K | -202.02K | -150.72K | 2.67K | 136.81K | 29.49K | 82.14K |
| Income Before Tax | -3.67M | 577.23K | -1.62M | -281.89K | -771.85K | -1.15M | -1.90M | -3.07M | -469.70K | -511.29K | -1.85M | 190.25K | -6.85M | -5.41M | -318.51K | -1.03M | -401.47K | 0.00 |
| Income Before Tax Ratio | -8.23% | 1.53% | -4.93% | -0.89% | -2.49% | -3.99% | -6.77% | -11.93% | -1.37% | -1.60% | -5.06% | 0.42% | -16.01% | -16.14% | -1.28% | -7.06% | -3.29% | 0.00% |
| Income Tax Expense | 113.07K | 5.60K | 7.62K | 3.20K | 7.84K | 27.04K | 39.78K | 35.50K | 28.16K | 30.89K | 16.10K | -1.67K | -322.11K | 144.07K | 1.13K | 32.17K | -29.49K | -72.32K |
| Net Income | -3.79M | 571.62K | -1.63M | -285.09K | -779.69K | -1.17M | -1.68M | -2.29M | -497.86K | 774.22K | -1.87M | 191.92K | -6.53M | -5.41M | -307.19K | -1.07M | -338.32K | -415.49K |
| Net Income Ratio | -8.49% | 1.52% | -4.96% | -0.90% | -2.51% | -4.08% | -5.99% | -8.91% | -1.45% | 2.43% | -5.11% | 0.42% | -15.26% | -16.14% | -1.23% | -7.28% | -2.77% | -10.79% |
| EPS | -0.13 | 0.02 | -0.06 | -0.01 | -0.03 | -0.05 | -0.07 | -0.10 | -0.03 | 0.04 | -0.11 | 0.01 | -0.38 | -0.36 | -0.02 | -0.08 | -0.03 | -0.04 |
| EPS Diluted | -0.13 | 0.02 | -0.06 | -0.01 | -0.03 | -0.05 | -0.07 | -0.10 | -0.03 | 0.04 | -0.11 | 0.01 | -0.38 | -0.36 | -0.02 | -0.08 | -0.03 | -0.04 |
| Weighted Avg Shares Out | 28.86M | 26.86M | 26.42M | 26.01M | 24.76M | 23.82M | 23.47M | 23.24M | 17.05M | 17.45M | 17.23M | 17.12M | 17.05M | 14.96M | 12.97M | 12.95M | 12.54M | 10.63M |
| Weighted Avg Shares Out (Dil) | 28.86M | 29.14M | 26.42M | 26.01M | 24.76M | 23.82M | 23.47M | 23.24M | 17.77M | 17.96M | 17.23M | 17.26M | 17.05M | 14.96M | 12.97M | 12.95M | 12.54M | 10.63M |
Research Solutions Announces Date Change for Fourth Quarter and Full Year Fiscal 2023 Results Conference Call
HENDERSON, Nev. , Sept. 8, 2023 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ: RSSS), a pioneer in providing cloud-based workflow solutions for R&D driven organizations, today announced a date change for its conference call to discuss results for the fourth quarter...
Research Solutions Announces Engagement of Jeremy Murphy to Board of Directors
Jeremy Murphy , COO & President at ClickTripz, LLC, and formerly Goldman Sachs , to join Research Solutions' Board of Directors as Advisor and Observer HENDERSON, Nev. , Sept. 5, 2023 /PRNewswire/ -- Research Solutions (NASDAQ: RSSS), a trusted partner...
Research Solutions to Announce Fourth Quarter and Full Year Fiscal 2023 Results on Thursday, September 14, 2023
HENDERSON, Nev. , Aug. 31, 2023 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ: RSSS), a pioneer in providing cloud-based workflow solutions for R&D driven organizations, will hold a conference call to discuss its financial results for the fourth quarter and full...
Open Letter to Shareholders from Research Solutions' Board Committee
HENDERSON, Nev. , Aug. 14, 2023 /PRNewswire/ -- Dear Fellow Shareholder, You may have seen Peter Derycz's press release dated August 4, 2023, concerning Research Solutions, Inc. (Research Solutions or the Company).
Research Solutions Reports Preliminary Fourth Quarter and Fiscal Year 2023 Results
Expects Decade-High Revenue Growth, Record Adjusted EBITDA and Cash Flow Positive GAAP Net Income for Fiscal Year 2023 HENDERSON, Nev. , Aug. 14, 2023 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ: RSSS), a pioneer in providing cloud-based workflow solutions for R&D...
Research Solutions Announces Partnership with Royal Danish Library
HENDERSON, Nev. , Aug. 8, 2023 /PRNewswire/ -- Research Solutions is pleased to announce that we have been chosen as the primary partner for article fulfillment services by the esteemed Royal Danish Library, exclusively serving their member libraries.
Research Solutions Acquires ResoluteAI to Transform AI-Powered Innovation Workflows
Leverages Company's technological expertise in Artificial Intelligence (AI) and Natural Language Processing (NLP) as core foundational technologies to link and make a broad array of information sources and data discoverable. Adds $1.3 Million to Annual Recurring Revenue HENDERSON, Nev.
Research Solutions to Present Virtually and Host 1x1 Investor Meetings at the 13th Annual East Coast IDEAS Investor Conference on June 21 & 22
HENDERSON, Nev. , June 5, 2023 /PRNewswire/ -- Research Solutions (NASDAQ: RSSS ), today announced Roy W.
Research Solutions to Announce Third Quarter Fiscal 2023 Results on Thursday, May 11, 2023
HENDERSON, Nev. , May 1, 2023 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ: RSSS), a pioneer in providing cloud-based workflow solutions for R&D driven organizations, will hold a conference call to discuss its financial results for the third fiscal quarter ended...
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