Research Solutions, Inc. (RSSS)

Research Solutions Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	46.61	44.62	37.7	32.93	31.76	31.06
Revenue Growth (YoY)	19.26%	18.35%	14.48%	3.71%	2.25%	7.87%
Cost of Revenue	25.23	24.98	23	20.91	21.47	21.42
Gross Profit	21.37	19.64	14.7	12.02	10.29	9.64
Selling, General & Admin	19.31	19.57	14.41	13.63	10.56	10.47
Operating Expenses	20.4	20.41	14.46	13.65	10.57	10.49
Operating Income	0.98	-0.77	0.24	-1.63	-0.28	-0.85
Other Non Operating Income (Expenses)	-2.98	-2.9	0.34	0.01	0	0.08
Pretax Income	-2	-3.67	0.58	-1.62	-0.28	-0.77
Income Tax Expense	0.13	0.11	0.01	0.01	0	0.01
Earnings From Continuing Operations	-2.13	-3.79	0.57	-1.63	-0.29	-0.78
Earnings From Discontinued Operations	-	-	-	-	-	0.12
Net Income	-2.13	-3.79	0.57	-1.63	-0.29	-0.66
Net Income to Common	-2.13	-3.79	0.57	-1.63	-0.29	-0.66
Shares Outstanding (Basic)	30	29	27	26	26	25
Shares Outstanding (Diluted)	30	29	29	26	26	25
Shares Change (YoY)	10.18%	-0.95%	10.28%	1.59%	5.04%	3.97%
EPS (Basic)	-0.07	-0.13	0.02	-0.06	-0.01	-0.03
EPS (Diluted)	-0.07	-0.13	0.02	-0.06	-0.01	-0.03
Free Cash Flow	5.11	3.48	3.04	-0.46	1.85	2.42
Free Cash Flow Per Share	0.17	0.12	0.10	-0.02	0.07	0.10
Gross Margin	45.86%	44.01%	38.99%	36.50%	32.39%	31.03%
Operating Margin	2.09%	-1.72%	0.63%	-4.96%	-0.89%	-2.74%
Profit Margin	-4.57%	-8.49%	1.52%	-4.96%	-0.90%	-2.13%
Free Cash Flow Margin	10.97%	7.80%	8.06%	-1.40%	5.82%	7.79%
EBITDA	2.06	0.07	0.29	-1.61	-0.27	-0.83
EBITDA Margin	4.43%	0.15%	0.77%	-4.90%	-0.85%	-2.67%
D&A For EBITDA	1.09	0.84	0.05	0.02	0.01	0.02
EBIT	0.98	-0.77	0.24	-1.63	-0.28	-0.85
EBIT Margin	2.09%	-1.72%	0.63%	-4.96%	-0.89%	-2.74%
Effective Tax Rate	-	-	0.97%	-	-	-
Revenue as Reported	46.61	44.62	37.7	32.93	31.76	31.06

Source: S&P Capital IQ. Standard template. Financial Sources.