earnings
confidence high
sentiment positive
materiality 0.75
Research Solutions reports 22% revenue growth, ARR up 84% to $17.4M, record adjusted EBITDA
Research Solutions, Inc.
- Q4 revenue $12.1M (+22% YoY); platform revenue $4.3M (+86%); ARR $17.4M (+84%).
- Q4 gross margin 46.5% (up 710 bps); adj. EBITDA $1.4M record (+70% YoY).
- Net loss $2.8M includes $4.3M Scite earnout charge; prior-year net income $376k.
- FY2024 revenue $44.6M (+18%); platform rev $14.0M (+61%); record cash flow ops $3.6M.
- Management cites acquisitions integration driving ARR growth and margin expansion.