earnings
confidence high
sentiment negative
materiality 0.60
Research Solutions Q1 FY22: net loss $0.01/share, platform ARR up 33% to $6.3M
Research Solutions, Inc.
2022-Q1 EPS reported
-$0.01
revenue$7,742,504
- Total revenue $7.7M unchanged YoY; net loss $372K vs net income $15K prior.
- Platform revenue up 32% to $1.5M; ARR $6.3M (+33% YoY).
- Gross margin improved 275 bps to 34.4% on higher-margin platform mix.
- 37 net new platform deployments added (31 prior), total 590 deployments.
- Adjusted EBITDA loss $181K vs $167K income in prior-year quarter.