{ "ok": true, "cik": "1386301", "ticker": "RSSS", "name": "RESEARCH SOLUTIONS, INC.", "filings": [ { "form": "DEF 14A", "filed": "2026-10-01", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465926112513/0001104659-26-112513-index.htm" }, { "form": "10-K", "filed": "2026-09-11", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465926107044/0001104659-26-107044-index.htm" }, { "form": "8-K", "filed": "2026-09-09", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465926106331/0001104659-26-106331-index.htm" }, { "form": "8-K", "filed": "2026-08-03", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465926089546/0001104659-26-089546-index.htm" }, { "form": "10-Q", "filed": "2026-05-15", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465926062450/0001104659-26-062450-index.htm" }, { "form": "8-K", "filed": "2026-05-14", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465926061215/0001104659-26-061215-index.htm" } ], "events12m": 7, "healthWatch": { "window": "last 12 months", "since": "2025-10-02", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 2, "latest": { "filed": "2026-08-03", "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465926089546/0001104659-26-089546-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001386301.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1386301" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up RESEARCH SOLUTIONS, INC. ($RSSS). Last filing: DEF 14A, 2026-10-01. 7 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2025-02-11.", "auditor": { "changes": [ { "filed": "2025-02-11", "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465925011559/0001104659-25-011559-index.htm" }, { "filed": "2024-10-17", "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465924109529/0001104659-24-109529-index.htm" }, { "filed": "2024-10-10", "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465924107706/0001104659-24-107706-index.htm" } ], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2026-06-30", "revenue": 48306957, "revenueGrowth1y": -0.015308905598866773, "revenueGrowthPerYear": 0.10050190539066972, "yearsOfData": 5, "operatingMargin": 0.07428282017432809, "operatingMarginPrior": 0.05098479287192842, "netMargin": 0.058419494318385654, "operatingCashFlow": 5274420, "capitalSpending": 39771, "freeCashFlow": 5234649, "researchAndDevelopment": 3132876, "researchShareOfRevenue": 0.0648535158196779, "cash": 12630283, "longTermDebt": null, "longTermDebtChange": null, "revenueHistory": [ { "fiscalYearEnd": "2022-06-30", "revenue": 32934152 }, { "fiscalYearEnd": "2023-06-30", "revenue": 37703452 }, { "fiscalYearEnd": "2024-06-30", "revenue": 44623899 }, { "fiscalYearEnd": "2025-06-30", "revenue": 49057981 }, { "fiscalYearEnd": "2026-06-30", "revenue": 48306957 } ], "totalEquity": 20706847, "totalAssets": 45664718, "equityRatio": 0.453453955414769, "returnOnEquity": 0.1362867074837613, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 0.09, "sharesOutstanding": 32272835, "bookValuePerShare": 0.6416184695270806, "revenuePerShare": 1.4968302908622686, "range80": { "low": 33614252.722379215, "high": 71184881.05407953, "baseline": 50017193.25844242, "n": 2483, "band": "b000", "bandLabel": "under $50M", "method": "v4.1", "credibility": 0.625, "growthYears": 6, "ownVolatility": 0.07099967936012472, "classVolatility": 0.3000583276631395, "volatility": 0.19212943955384695 }, "ifPaceHeld": { "low": 33614252.722379215, "high": 71184881.05407953 } }, "edgarette": "🔖 Exposure: revenue $48.3M (FY2026). Experience: revenue down 1.5% on the year, up 10.1% a year over 4 years; operating margin 7.4%, up from 5.1%. Soundness: equity 45.3% of assets, return on equity 13.6%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $33.6M and $71.2M next year (method v4.1: its own 6-year record of growth weighed at 63% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $31.9M to $75.1M. A statistical range, not company guidance. Against peers (70 filers, $50M+ revenue, services-business services, nec): operating margin 7.4% against a 7.9% median; growth -1.5% against 10.2%.", "peers": { "sic": 7389, "sicDescription": "Services-Business Services, NEC", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "7389", "growth": [ 0.1016, 72 ], "opMargin": [ 0.0788, 70 ], "equityRatio": [ 0.3958, 67 ], "returnOnEquity": [ 0.0932, 57 ], "payoutRatio": [ 0.2935, 14 ] }, "summary": "Research Solutions, Inc. (RSSS) saw revenue fall 1.5% in FY2026 to $48 million, operating margin 7.4%, in line with the 7.9% median for services-business services, nec, equity 45.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
RESEARCH SOLUTIONS, INC. against its own record and its peers
Operating marginPeer median 7.9%7.4%Revenue, on the yearPeer median 10.2%-1.5%Equity of assetsPeer median 39.6%45.3%Return on equityPeer median 9.3%13.6%Gold tick: the median of 57–67 peers with $50M+ revenue in services-business services, nec
", "chartHorizon": null, "backtest": { "tests": 12, "hits": 12, "rate": 1, "method": "v4", "byYear": { "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-10-02T14:01:57.658Z", "hash": "6e752b51ffb9e90e", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Research Solutions, Inc. (RSSS) saw revenue fall 1.5% in FY2026 to $48 million, operating margin 7.4%, in line with the 7.9% median for services-business services, nec, equity 45.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2026-06-30", "revenue": 48306957, "totalDebt": null, "cash": 12630283 }, "experience": { "revenueGrowth1y": -0.015308905598866773, "revenueGrowthPerYear": 0.10050190539066972, "operatingMargin": 0.07428282017432809, "operatingMarginPrior": 0.05098479287192842, "netMargin": 0.058419494318385654, "freeCashFlow": 5234649 }, "soundness": { "equityRatio": 0.453453955414769, "returnOnEquity": 0.1362867074837613, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 7389, "sicDescription": "Services-Business Services, NEC", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "7389", "growth": [ 0.1016, 72 ], "opMargin": [ 0.0788, 70 ], "equityRatio": [ 0.3958, 67 ], "returnOnEquity": [ 0.0932, 57 ], "payoutRatio": [ 0.2935, 14 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": { "filed": "2025-02-11", "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465925011559/0001104659-25-011559-index.htm" } }, "healthWatch": { "window": "last 12 months", "since": "2025-10-02", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 2, "latest": { "filed": "2026-08-03", "url": "https://www.sec.gov/Archives/edgar/data/1386301/000110465926089546/0001104659-26-089546-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 33614252.722379215, "high": 71184881.05407953, "baseline": 50017193.25844242, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 2483, "sizeBand": "under $50M", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341, "coverageAllYears": 0.6904374799277399, "stressCoverageAllYears": 0.819004992974709, "outcomeYears": [ 2019, 2025 ] }, "credibility": { "weightOnOwnRecord": 0.625, "growthYears": 6, "ownVolatility": 0.07099967936012472, "classVolatility": 0.3000583276631395, "pricedVolatility": 0.19212943955384695, "k": 3 }, "stress": { "low": 31928395.3248594, "high": 75077678.02492839, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 12, "hits": 12, "rate": 1, "method": "v4", "byYear": { "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-10-02T14:01:57.658Z", "hash": "6e752b51ffb9e90e", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001386301.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1386301" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.1432, "growth3y": 0.1421, "volatility": 0.0564, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.3894, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "later", "inside": "Turns 14.3% of revenue into operating cash; revenue growing 14.2% a year over three years; no common dividend.", "outside": "Among under $50M companies: 85th percentile for cash, 67th for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "under $50M", "cashPctInClass": 85, "growthPctInClass": 67, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "range", "text": "revenue is hard to predict: its 80% range is ±36%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2026-06-30", "operating": 5274420, "investing": -39771, "financing": -4845748, "capitalSpending": 39771, "free": 5234649, "trend": [ { "fiscalYearEnd": "2022-06-30", "operating": -417200, "free": -461488 }, { "fiscalYearEnd": "2023-06-30", "operating": 3383847, "free": 3336638 }, { "fiscalYearEnd": "2024-06-30", "operating": 3550954, "free": 3479444 }, { "fiscalYearEnd": "2025-06-30", "operating": 7023166, "free": 7003905 }, { "fiscalYearEnd": "2026-06-30", "operating": 5274420, "free": 5234649 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-06-30", "cash": 12630283, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 45664718, "ladder": null, "currentRatio": 0.83, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.1432, "growth3y": 0.1421, "volatility": 0.0564, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.3894, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "later", "inside": "Turns 14.3% of revenue into operating cash; revenue growing 14.2% a year over three years; no common dividend.", "outside": "Among under $50M companies: 85th percentile for cash, 67th for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "under $50M", "cashPctInClass": 85, "growthPctInClass": 67, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "range", "text": "revenue is hard to predict: its 80% range is ±36%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2026-06-30", "operating": 5274420, "investing": -39771, "financing": -4845748, "capitalSpending": 39771, "free": 5234649, "trend": [ { "fiscalYearEnd": "2022-06-30", "operating": -417200, "free": -461488 }, { "fiscalYearEnd": "2023-06-30", "operating": 3383847, "free": 3336638 }, { "fiscalYearEnd": "2024-06-30", "operating": 3550954, "free": 3479444 }, { "fiscalYearEnd": "2025-06-30", "operating": 7023166, "free": 7003905 }, { "fiscalYearEnd": "2026-06-30", "operating": 5274420, "free": 5234649 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-06-30", "cash": 12630283, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 45664718, "ladder": null, "currentRatio": 0.83, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }