Research Solutions, Inc.
Financial highlights
| Metric | FY 06/30/25 | FY 06/30/24 | FY 06/30/23 | FY 06/30/22 | FY 06/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $49.1M | $44.6M | $37.7M | $32.9M | $31.8M |
| Cost of revenue | $24.9M | $25.0M | $23.0M | $20.9M | $21.5M |
| Gross profit | $24.2M | $19.6M | $14.7M | $12.0M | $10.3M |
| Selling, general & administrative | $20.4M | $19.6M | $14.4M | $13.6M | $10.6M |
| Research and development | $2.5M | $2.4M | — | — | — |
| Operating expenses | $21.7M | $20.4M | $14.5M | $13.7M | $10.6M |
| Operating income | $2.5M | -$769,543 | $238,608 | -$1.6M | -$283,032 |
| Pretax income | $1.3M | -$3.7M | $577,225 | -$1.6M | -$281,885 |
| Income tax expense | $82,811 | $113,071 | $5,602 | $7,622 | $3,204 |
| Net income | $1.3M | -$3.8M | $571,623 | -$1.6M | -$285,089 |
| Balance Sheet | |||||
| Cash and equivalents | $12.2M | $6.1M | $13.5M | $10.6M | $11.0M |
| Current assets | $20.0M | $14.7M | $21.3M | $17.0M | $16.9M |
| Total assets | $46.1M | $41.9M | $21.8M | $17.0M | $16.9M |
| Current liabilities | $25.5M | $17.9M | $14.5M | $12.1M | $11.5M |
| Total liabilities | $32.2M | $30.2M | $14.5M | — | — |
| Stockholders' equity | $13.9M | $11.7M | $7.3M | $4.9M | $5.4M |
| Cash Flow Statement | |||||
| Cash from operations | $7.0M | $3.6M | $3.4M | -$417,200 | $1.9M |
| Depreciation and amortization | $1.2M | $836,271 | $52,649 | $17,651 | $11,522 |
| Stock-based compensation | $1.7M | $2.2M | — | — | — |
| Capital expenditure | $19,261 | $71,510 | $47,209 | $44,288 | $19,854 |
| Free cash flow | $7.0M | $3.5M | $3.3M | -$461,488 | $1.8M |
| Share repurchases | $934,577 | $554,202 | $104,250 | $93,918 | $178,012 |
| Impairments | $0 | $0 | — | — | — |
Shares outstanding 33.4M · Free float 55.7%
Annual filing data through FY ended June 30, 2025; float as of July 13, 2026.