Research Solutions Balance Sheet

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	11.96	12.23	6.1	13.55	10.6	11
Cash & Short-Term Investments	11.96	12.23	6.1	13.55	10.6	11
Cash Growth	72.65%	100.45%	-54.97%	27.75%	-3.65%	18.18%
Receivables	6.9	7.19	6.88	6.15	5.25	4.72
Prepaid Expenses	0.8	0.58	1.71	1.6	1.12	1.18
Total Current Assets	19.66	20	14.69	21.3	16.98	16.9
Property, Plant & Equipment	0.07	0.06	0.09	0.07	0.05	0.02
Goodwill	16.37	16.37	16.32	-	-	-
Other Intangible Assets	9.41	9.69	10.76	0.46	-	-
Other Long-Term Assets	0	0	0	0	0	0
Total Assets	45.51	46.12	41.86	21.83	17.03	16.92
Accounts Payable	7.6	7.44	8.84	8.08	6.6	6.69
Current Unearned Revenue	9.98	10.7	9.02	6.42	5.54	4.8
Other Current Liabilities	7.3	7.36	-	-	-	-
Total Current Liabilities	24.88	25.51	17.87	14.5	12.14	11.49
Other Long-Term Liabilities	5.04	6.68	12.3	-	-	-
Total Liabilities	29.92	32.19	30.17	14.5	12.14	11.49
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	39.98	39.06	38.09	29.94	28.07	26.98
Retained Earnings	-24.29	-25.04	-26.31	-22.52	-23.09	-21.46
Comprehensive Income & Other	-0.12	-0.12	-0.12	-0.12	-0.12	-0.12
Shareholders' Equity	15.59	13.93	11.69	7.33	4.88	5.43
Total Liabilities & Equity	45.51	46.12	41.86	21.83	17.03	16.92
Net Cash (Debt)	11.96	12.23	6.1	13.55	10.6	11
Net Cash Growth	72.65%	100.45%	-54.97%	27.75%	-3.65%	19.20%
Net Cash Per Share	0.38	0.39	0.21	0.46	0.40	0.42
Filing Date Shares Outstanding	31.42	31.43	30.6	27.12	26.93	26.37
Total Common Shares Outstanding	31.38	31.08	30.34	27.01	26.68	26.25
Working Capital	-5.22	-5.51	-3.18	6.8	4.83	5.41
Book Value Per Share	0.50	0.45	0.39	0.27	0.18	0.21
Tangible Book Value	-10.19	-12.13	-15.39	6.87	4.88	5.43
Tangible Book Value Per Share	-0.32	-0.39	-0.51	0.25	0.18	0.21
Machinery	-	0.74	0.73	0.67	0.61	0.56

Source: S&P Global Market Intelligence. Standard template. Financial Sources.