Research Solutions Inc (RSSS)

Name: Research Solutions Inc Financial Statements
Creator: Quarter Results

Technology | Software Application

Latest reporting period: 2025-09-30

Latest Quarter

2025-09-30

Revenue

$12.3M

Net Income

$749K

Operating Margin

7.8%

Free Cash Flow

$7.0M

Debt / Assets

69.8%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Research Solutions Inc (RSSS).
Income Statement (Quarterly)	2025-09-30	2025-03-31	2024-12-31	2024-09-30
Revenue	12,312,185	12,661,363,000	11,914,219	12,044,482
Cost of Revenue	6,086,887	6,394,283,000	6,093,126	6,278,606
Gross Profit	6,225,298	6,267,080,000	5,514,860	5,765,876
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	4,947,561	5,398,145,000	3,885,610	3,538,572
Operating Expenses	5,263,627	5,710,158,000	6,690,531	5,119,185
Operating Income	961,671	556,922,000	92,847	646,691
Interest Expense	0	0	0	0
Income Before Tax	770,618	229,880,000	-1,965,040	715,216,000
Income Tax Expense	21,231	-13,410,000	15,194	46,212
Net Income	749,387	216,470,000	-1,980,234	669,004
Per Share
EPS	0.02	0.01	-0.07	0.02
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Research Solutions Inc (RSSS).
Income Statement (Annual)	2025-06-30	2024-06-30	2023-12-31	2023-06-30	2023-03-31
Revenue	49,057,981	44,623,899	44,623,899	37,703,452	0
Cost of Revenue	24,862,030	24,983,733	24,983,733	23,002,561	0
Gross Profit	24,195,951	19,640,166	19,640,166	14,700,891	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	15,020,561	14,109,661	14,109,661	14,409,634	0
Operating Expenses	21,694,740	20,409,709	20,409,709	14,462,283	0
Operating Income	2,501,211	-769,543	-769,543	238,608	0
Interest Expense	0	0	0	0	0
Income Before Tax	1,348,364	-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 history for Research Solutions Inc (RSSS).
Balance Sheet (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Assets
Cash and Cash Equivalents	12,227,312	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	14,690,621	21,301,414	16,977,398
Property Plant Equipment	60,769	88,011	70,193	47,985
Goodwill and Intangibles	26,059,220	27,080,149	462,068	0
Total Assets	46,120,674	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	17,867,460	14,504,240	12,142,558
Long Term Debt	0	0	0	0
Total Liabilities	32,192,517	30,165,574	14,504,240	12,142,558
Shareholders Equity
Retained Earnings	-25,043,693	-26,309,246	-22,522,649	-23,094,272
Total Shareholders Equity	13,928,157	11,694,188	7,330,487	4,883,718

Balance sheet annual history for Research Solutions Inc (RSSS).
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	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	14,690,621	21,301,414	16,977,398	16,896,963
Property Plant Equipment	60,769	88,011	70,193	47,985	20,755
Goodwill and Intangibles	26,059,220	27,080,149	462,068	0	0
Total Assets	46,120,674	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	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	30,165,574	14,504,240	12,142,558	11,491,539
Shareholders Equity
Retained Earnings	-25,043,693	-26,309,246	-22,522,649	-23,094,272	-21,461,888
Total Shareholders Equity	13,928,157	11,694,188	7,330,487	4,883,718	5,427,085

Cash flow quarterly history for Research Solutions Inc (RSSS).
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	-19,266	-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	7,003,900	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 annual history for Research Solutions Inc (RSSS).
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	-19,266	-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	7,003,900	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