Research Solutions Inc (RSSS)

Technology | Software Application
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 12,661,363,000 11,914,219 12,044,482 12,133,514
Cost of Revenue 6,394,283,000 6,093,126 6,278,606 6,490,648
Gross Profit 6,267,080,000 5,514,860 5,765,876 5,642,866
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 5,398,145,000 3,885,610 3,538,572 3,174,292
Operating Expenses 5,710,158,000 6,690,531 5,119,185 4,981,123
Operating Income 556,922,000 92,847 646,691 661,743
Interest Expense 0 0 0 0
Income Before Tax 229,880,000 -1,965,040 715,216,000 -2,790,205
Income Tax Expense -13,410,000 15,194 46,212 31,022
Net Income 216,470,000 -1,980,234 669,004 -2,821,227
Per Share
EPS 0.01 -0.07 0.02 -0.09
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2024-06-30 2023-12-31 2023-06-30 2023-03-31
Revenue 49,057,981,000 44,623,899 44,623,899 37,703,452 0
Cost of Revenue 24,862,030,000 24,983,733 24,983,733 23,002,561 0
Gross Profit 24,195,951,000 19,640,166 19,640,166 14,700,891 0
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 20,449,378 14,109,661 14,109,661 14,409,634 0
Operating Expenses 21,694,740,000 20,409,709 20,409,709 14,462,283 0
Operating Income 2,501,211,000 -769,543 -769,543 238,608 0
Interest Expense 0 0 0 0 0
Income Before Tax 1,348,364,000 -3,673,526 -3,673,526 577,225 0
Income Tax Expense 82,811 113,071 113,071 5,602 0
Net Income 1,265,553 -3,786,597 -3,786,597 571,623 0
Per Share
EPS 0.04 -0.13 -0.13 0.02 0.00
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Assets
Cash and Cash Equivalents 12,227,312,000 6,100,031 13,545,333 10,603,175
Short Term Investments 0 0 0 0
Net Receivables 7,191,234 6,879,800 6,153,063 5,251,545
Inventory 0 0 1,202,678 0
Total Current Assets 19,999,728,000 14,690,621 21,301,414 16,977,398
Property Plant Equipment 60,769,000 88,011 70,193 47,985
Goodwill and Intangibles 26,059,220,000 27,080,149 462,068 0
Total Assets 46,120,674,000 41,859,762 21,834,727 17,026,276
Liabilities
Account Payables 7,443,757 8,843,612 8,079,516 6,604,032
Short Term Debt 0 0 -8,079,516 -6,604,032
Total Current Liabilities 25,509,029,000 17,867,460 14,504,240 12,142,558
Long Term Debt 0 0 0 0
Total Liabilities 32,192,517,000 30,165,574 14,504,240 12,142,558
Shareholders Equity
Retained Earnings -25,043,693,000 -26,309,246 -22,522,649 -23,094,272
Total Shareholders Equity 13,928,157,000 11,694,188 7,330,487 4,883,718
Balance Sheet (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Assets
Cash and Cash Equivalents 12,227,312,000 6,100,031 13,545,333 10,603,175 11,004,337
Short Term Investments 0 0 0 0 0
Net Receivables 7,191,234 6,879,800 6,153,063 5,251,545 4,717,453
Inventory 0 0 1,202,678 0 0
Total Current Assets 19,999,728,000 14,690,621 21,301,414 16,977,398 16,896,963
Property Plant Equipment 60,769,000 88,011 70,193 47,985 20,755
Goodwill and Intangibles 26,059,220,000 27,080,149 462,068 0 0
Total Assets 46,120,674,000 41,859,762 21,834,727 17,026,276 16,918,624
Liabilities
Account Payables 7,443,757 8,843,612 8,079,516 6,604,032 0
Short Term Debt 0 0 -8,079,516 -6,604,032 0
Total Current Liabilities 25,509,029,000 17,867,460 14,504,240 12,142,558 11,491,539
Long Term Debt 0 0 0 0 0
Total Liabilities 32,192,517,000 30,165,574 14,504,240 12,142,558 11,491,539
Shareholders Equity
Retained Earnings -25,043,693,000 -26,309,246 -22,522,649 -23,094,272 -21,461,888
Total Shareholders Equity 13,928,157,000 11,694,188 7,330,487 4,883,718 5,427,085
Cash Flow Statement (Quarterly) 2025-06-30 2024-06-30 2023-12-31 2023-06-30
Operating Activities
Net Income 1,265,553 -3,786,597 -3,786,597 571,623
Depreciation & Amortization 1,245,362 836,271 836,271 52,649
Stock Based Compensation 0 0 2,155,461 1,918,179
Change in Working Capital 1,040,164 1,108,748 1,108,748 841,396
Operating Cash Flow 7,023,166 3,550,954 3,550,954 3,383,847
Investing Activities
Capital Expenditure -19,261 -71,510 -71,510 -47,209
Investments -19,261 -71,510 -71,510 -47,209
Investing Cash Flow -19,261 -10,095,256 -10,095,256 -344,659
Financing Activities
Debt Repayment 0 0 0 0
Common Stock Issued/Repurchased -753,777 -554,202 -554,202 -46,750
Dividends Paid 0 0 0 0
Financing Cash Flow -877,884 -905,851 -905,851 -97,259
Summary
Free Cash Flow 7,003,905 3,479,444 3,479,444 3,336,638
Net Change in Cash 6,127,281 -7,445,302 -7,445,302 2,942,158
Cash Flow Statement (Annual) 2025-06-30 2024-06-30 2023-12-31 2023-06-30 2022-06-30
Operating Activities
Net Income 1,265,553 -3,786,597 -3,786,597 571,623 -1,632,384
Depreciation & Amortization 1,245,362 836,271 836,271 52,649 17,651
Stock Based Compensation 0 0 2,155,461 1,918,179 1,096,384
Change in Working Capital 1,040,164 1,108,748 1,108,748 841,396 169,422
Operating Cash Flow 7,023,166 3,550,954 3,550,954 3,383,847 -417,200
Investing Activities
Capital Expenditure -19,261 -71,510 -71,510 -47,209 -44,288
Investments -19,261 -71,510 -71,510 -47,209 -44,288
Investing Cash Flow -19,261 -10,095,256 -10,095,256 -344,659 -44,288
Financing Activities
Debt Repayment 0 0 0 0 0
Common Stock Issued/Repurchased -753,777 -554,202 -554,202 -46,750 3,770
Dividends Paid 0 0 0 0 0
Financing Cash Flow -877,884 -905,851 -905,851 -97,259 63,270
Summary
Free Cash Flow 7,003,905 3,479,444 3,479,444 3,336,638 -461,488
Net Change in Cash 6,127,281 -7,445,302 -7,445,302 2,942,158 -401,162