Research Solutions preliminary Q4 rev $12.1M (+22% YoY); platform rev up 86%, ARR $17.4M

Research Solutions, Inc.

2024-FY EPS reported -$0.13 revenue$44,623,899

Q4 total revenue ~$12.1M (+22% YoY); platform revenue $4.3M (+86% YoY); ARR $17.4M (+85% YoY).
Q4 income from ops ~$0.7M; GAAP net loss due to $4.3M earn-out charge for Scite acquisition; Adj. EBITDA $1.4M (+70%).
FY2024 total revenue ~$44.6M (+18% YoY); platform revenue $14M (+61%); Adjusted EBITDA $2.2M (+11%).
Cash flow from operations Q4 ~$2.0M, full year >$3.5M; ending cash >$6M.
CEO cites strong Platform momentum and Scite outperformance; full results due Sep 19, 2024.

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