RSSS
Income statement / Annual
Last year (2024), Research Solutions, Inc.'s total revenue was $44.62 M,
an increase of 18.35% from the previous year.
In 2024, Research Solutions, Inc.'s net income was -$3.79 M.
See Research Solutions, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2023 |
06/30/2023 |
06/30/2022 |
06/30/2021 |
06/30/2020 |
06/30/2019 |
06/30/2018 |
06/30/2017 |
06/30/2016 |
06/30/2015 |
| Operating Revenue |
$44.62 M
|
$37.70 M
|
$32.93 M
|
$31.76 M
|
$31.06 M
|
$28.79 M
|
$28.02 M
|
$25.75 M
|
$34.36 M
|
$31.90 M
|
| Cost of Revenue |
$24.98 M |
$23.00 M |
$20.91 M |
$21.47 M |
$21.42 M |
$20.45 M |
$20.67 M |
$19.64 M |
$27.86 M |
$25.72 M |
| Gross Profit |
$19.64 M |
$14.70 M |
$12.02 M |
$10.29 M |
$9.64 M |
$8.34 M |
$7.35 M |
$6.10 M |
$6.50 M |
$6.18 M |
| Gross Profit Ratio |
0.44 |
0.39 |
0.36 |
0.32 |
0.31 |
0.29 |
0.26 |
0.24 |
0.19 |
0.19 |
| Research and Development
Expenses |
$5.44 M
|
$3.74 M
|
$3.71 M
|
$2.64 M
|
$2.12 M
|
$2.14 M
|
$1.80 M
|
$1.48 M
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$10.67 M
|
$8.50 M
|
$7.50 M
|
$5.88 M
|
$5.82 M
|
$5.32 M
|
$5.18 M
|
$5.65 M
|
$6.83 M
|
$6.40 M
|
| Selling & Marketing
Expenses |
$3.44 M
|
$2.29 M
|
$2.28 M
|
$2.07 M
|
$2.51 M
|
$2.08 M
|
$2.18 M
|
$3.39 M
|
$5,287.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$14.11 M
|
$14.41 M
|
$9.78 M
|
$7.95 M
|
$8.32 M
|
$7.40 M
|
$7.36 M
|
$9.03 M
|
$6.83 M
|
$6.40 M
|
| Other Expenses |
$333,088.00 |
$338,617.00 |
$17,651.00 |
$11,522.00 |
$23,654.00 |
$38,816.00 |
$58,179.00 |
$23,861.00 |
-$31,611.00 |
$1,215.00 |
| Operating Expenses |
$20.39 M |
$14.46 M |
$13.51 M |
$10.61 M |
$10.47 M |
$9.57 M |
$9.31 M |
$9.17 M |
$6.92 M |
$6.57 M |
| Cost And Expenses |
$45.37 M |
$37.46 M |
$34.42 M |
$32.08 M |
$31.89 M |
$30.02 M |
$29.98 M |
$28.81 M |
$34.78 M |
$32.30 M |
| Interest Income |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$0.00 |
$0.00 |
$136,744.00 |
$0.00 |
$0.00 |
-$190,237.00 |
$4,000.00 |
$12,000.00 |
$17,382.00 |
$18,056.00 |
| Depreciation &
Amortization |
$836,271.00
|
$52,649.00
|
$17,651.00
|
$83,853.00
|
$143,568.00
|
$153,895.00
|
$262,990.00
|
$133,694.00
|
$90,846.00
|
$174,819.00
|
| EBITDA |
$3.35 M
|
$291,257.00
|
-$1.33 M
|
-$271,099.00
|
-$669,269.00
|
-$969,260.00
|
-$1.64 M
|
-$2.86 M
|
-$361,468.00
|
-$220,296.00
|
| EBITDA Ratio |
0.07 |
0.01 |
-0.04 |
-0.01 |
-0.02 |
-0.03 |
-0.06 |
-0.11 |
-0.01 |
-0.01 |
| Operating Income Ratio
|
-0.02
|
0.01
|
-0.05
|
-0.01
|
-0.03
|
-0.04
|
-0.07
|
-0.12
|
-0.01
|
-0.02
|
| Total Other
Income/Expenses Net |
-$2.93 M
|
$338,617.00
|
-$136,744.00
|
$37,107.00
|
$60,515.00
|
$82,808.00
|
$66,199.00
|
$2,996.00
|
-$31,611.00
|
-$96,907.00
|
| Income Before Tax |
-$3.67 M |
$577,225.00 |
-$1.62 M |
-$281,885.00 |
-$771,851.00 |
-$1.15 M |
-$1.90 M |
-$3.07 M |
-$469,696.00 |
-$511,293.00 |
| Income Before Tax Ratio
|
-0.08
|
0.02
|
-0.05
|
-0.01
|
-0.02
|
-0.04
|
-0.07
|
-0.12
|
-0.01
|
-0.02
|
| Income Tax Expense |
$113,071.00 |
$5,602.00 |
$7,622.00 |
$3,204.00 |
$7,836.00 |
$27,040.00 |
$39,779.00 |
$35,495.00 |
$28,162.00 |
$30,892.00 |
| Net Income |
-$3.79 M |
$571,623.00 |
-$1.63 M |
-$285,089.00 |
-$779,687.00 |
-$1.17 M |
-$1.68 M |
-$2.29 M |
-$497,858.00 |
$774,219.00 |
| Net Income Ratio |
-0.08 |
0.02 |
-0.05 |
-0.01 |
-0.03 |
-0.04 |
-0.06 |
-0.09 |
-0.01 |
0.02 |
| EPS |
-0.12 |
0.0213 |
-0.0618 |
-0.011 |
-0.0315 |
-0.0493 |
-0.0715 |
-0.0987 |
-0.0292 |
0.04 |
| EPS Diluted |
-0.12 |
0.0196 |
-0.0618 |
-0.011 |
-0.0315 |
-0.0493 |
-0.0715 |
-0.0987 |
-0.028 |
0.04 |
| Weighted Average Shares
Out |
$32.29 M
|
$26.86 M
|
$26.42 M
|
$26.01 M
|
$24.76 M
|
$23.82 M
|
$23.47 M
|
$23.24 M
|
$17.05 M
|
$17.45 M
|
| Weighted Average Shares
Out Diluted |
$32.29 M
|
$29.14 M
|
$26.42 M
|
$26.01 M
|
$24.76 M
|
$23.82 M
|
$23.47 M
|
$23.24 M
|
$17.77 M
|
$17.96 M
|
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