secwatch.observer — SEC 8-K summary
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Issuer:     Research Solutions, Inc. (RSSS)
CIK:        0001386301
Form:       8-K
Filed at:   2024-08-19T23:59:59+00:00
Accession:  0001104659-24-090871
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386301/000110465924090871/0001104659-24-090871-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386301/000110465924090871/tm2422078d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-090871

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer