Research Solutions, Inc. financial data

Symbol
RSSS on Nasdaq
Industry
Services-Business Services, NEC
Location
10624 S. Eastern Ave, Suite A 614, Henderson, Nevada
State of incorporation
Nevada
Fiscal year end
June 30
Former names
Derycz Scientific Inc (to 2/22/2013)
Latest financial report
Q1 2024 - May 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 99.9 % -30.2%
Debt-to-equity 197 %
Return On Equity -5.57 % -28%
Return On Assets -1.88 % -37.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 32.3M shares +9.43%
Common Stock, Shares, Outstanding 32.3M shares +9.43%
Entity Public Float 44.6M USD -16.8%
Common Stock, Value, Issued 32.3K USD +9.42%
Weighted Average Number of Shares Outstanding, Basic 30M shares +11.5%
Weighted Average Number of Shares Outstanding, Diluted 33.5M shares +12.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 42.5M USD +16.9%
Operating Income (Loss) -1.18M USD -155%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -508K USD -115%
Income Tax Expense (Benefit) 82.1K USD +6682%
Net Income (Loss) Attributable to Parent -590K USD -143%
Earnings Per Share, Basic -0.02 USD/shares +33.3%
Earnings Per Share, Diluted -0.02 USD/shares +33.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.22M USD -65.2%
Accounts Receivable, after Allowance for Credit Loss, Current 7.32M USD +7.74%
Assets, Current 13.2M USD -34.5%
Property, Plant and Equipment, Net 94.1K USD +75%
Goodwill 16.5M USD
Assets 40.8M USD +97.9%
Liabilities, Current 17.9M USD +25.7%
Liabilities 26.7M USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -112K USD +10.2%
Retained Earnings (Accumulated Deficit) -23.5M USD -2.58%
Stockholders' Equity Attributable to Parent 14.1M USD +121%
Liabilities and Equity 40.8M USD +97.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -756K USD -794%
Net Cash Provided by (Used in) Financing Activities -156K USD -765%
Net Cash Provided by (Used in) Investing Activities -2.75M USD -814%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 32.3M shares +9.43%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -3.66M USD -1600%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4.22M USD -65.2%
Deferred Tax Assets, Valuation Allowance 4.78M USD -5.73%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 4.86M USD -5.24%
Depreciation 28.3K USD +60.5%
Payments to Acquire Property, Plant, and Equipment 33.8K USD +819%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -577K USD -134%
Property, Plant and Equipment, Gross 952K USD +7.1%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 0 USD
Preferred Stock, Shares Authorized 20M shares 0%
Additional Paid in Capital 37.7M USD +28.3%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 3.81K USD -0.37%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 24.3K USD
Depreciation, Depletion and Amortization 59.6K USD +926%
Deferred Tax Assets, Net of Valuation Allowance 4.78M USD -5.73%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%