Highest-materiality recent filing
Research Solutions appoints David Kutil as CFO, terminates Sefton Cohen as CRO
David Kutil appointed CFO effective July 28, 2026; previously interim CFO since Dec 2025.
RSSS Q3 net income up 297% to $860K; ARR +8.5% to $22.1M
Total revenue $12.1M (-4.3% YoY); platform revenue +6.6% to $5.2M (43% of total).
Research Solutions Q2 FY2026: net income of $547K vs $2M loss; ARR up 14% to $21.8M
ARR grew 14% YoY to $21.8M, with B2B ARR up 20% to $15.3M and B2C ARR up 1% to $6.4M.
Research Solutions CFO William Nurthen resigns; Controller Dave Kutil named interim CFO
William Nurthen resigned as CFO and Secretary effective Dec 10, 2025, to pursue another opportunity; no disagreement with company.
Research Solutions Q1 ARR up 21% to $21.3M; net income rises 12% to $749K
Total revenue of $12.3M (+2% YoY); platform revenue $5.1M (+18%) now 42% of total.
Research Solutions reports record FY2025 net income and Adjusted EBITDA; Platform revenue up 36% YoY
FY2025 net income $1.3M vs loss $3.8M; Adjusted EBITDA record $5.3M, up from $2.2M.
Research Solutions reports preliminary Q4/FY25 record revenue, net income, EBITDA, cash flow
Platform revenue up 21% YoY to ~$5.2M; ARR grows 20% to $20.9M.
Research Solutions Q3 ARR tops $20M, net income $216K, adj. EBITDA record $1.4M
Total revenue $12.7M (+4.5% YoY); platform revenue up 22% to $4.8M (38% of total).
RSSS Q2 FY2025: Revenue $11.9M (+15.5%), ARR $19.1M (+23%), net loss $2.0M due to Scite earnout
Total revenue $11.9M (+15.5% YoY); platform revenue $4.6M (+47%) driven by record 61 net new B2B deployments.
Q1 revenue $12.0M (+20% YoY), net income $669k vs loss, ARR up 60% to $17.6M
Total revenue $12.0M (+20% YoY); platform revenue $4.3M (+67%); ARR $17.6M (+60%).
Research Solutions enters CEO employment agreement with Roy W. Olivier
Annual base salary set at $425,000; eligible for board-determined executive bonus plan.
Research Solutions reports 22% revenue growth, ARR up 84% to $17.4M, record adjusted EBITDA
Q4 revenue $12.1M (+22% YoY); platform revenue $4.3M (+86%); ARR $17.4M (+84%).
Research Solutions preliminary Q4 rev $12.1M (+22% YoY); platform rev up 86%, ARR $17.4M
Q4 total revenue ~$12.1M (+22% YoY); platform revenue $4.3M (+86% YoY); ARR $17.4M (+85% YoY).
Research Solutions Q3 revenue $12.1M (+17% YoY); ARR $16.6M (+82%); adjusted EBITDA record $961K
Total revenue $12.1M, up 17% YoY; platform revenue $4.0M (+76% YoY).
Research Solutions Q2 FY2024 revenue up 18.3% to $10.3M; ARR hits $15.6M
Platform revenue +48% to $3.1M; total ARR $15.57M (+77% YoY) including $3.95M B2C from Scite.
Scite FY2023 revenue $1.12M (trade $923K, grant $198K); net loss $413K.
Research Solutions acquires AI platform scite for $14.8M; adds $3.6M in subscription revenue
Enterprise value $14.8M (~4.11x annualized subscription revenue); consideration ~50% cash, ~50% RSSS stock.
Research Solutions Q1 revenue up 16% to $10.1M, net loss $0.04/shr on $1.2M in one-time costs
Total revenue $10.1M (+16% YoY); platform revenue $2.6M (+29%); ARR $11.0M (+32% YoY).
Research Solutions settles proxy fight; founder/executive chairman Derycz departs board
Peter Derycz's employment terminated without cause; resigns from board and all committees effective Sept 15, 2023.
Research Solutions reports Q4 net income $376K; FY net income $572K; revenue up 14% to $37.7M
Q4 revenue $10.0M (+16% YoY); Platform revenue $2.3M (+22%); ARR $9.4M (+19%)
Q4 revenue ~$10M (+16% YoY); platform rev $2.3M (+22%); ARR $9.4M (+19%).
Research Solutions acquires ResoluteAI for $3.215M; adds $1.3M ARR
Enterprise value $3.215M (≈2.5x ARR); cash at close reduced by $0.3M for deferred revenue.
Research Solutions acquires ResoluteAI for $2.1M cash plus earnout; adds $1.3M ARR
Cash consideration $2.1M plus earnout of 3.5x ending ARR minus enterprise value, paid over 8 quarters.
Research Solutions Q3: revenue $10.3M, ARR $9.1M, net income turns positive
Revenue $10.3M (+18% YoY); Platform rev $2.2M (+26%); ARR $9.1M (+24%).
Research Solutions Q2 FY23 revenue up 10.7% to $8.7M; platform rev +31%, ARR $8.8M
Total revenue $8.7M (+10.7% YoY); platform rev $2.1M (+31%); transaction rev $6.6M (+5.4%).
Research Solutions acquires FIZ Karlsruhe's AutoDoc customer contracts for up to €550K
Reprints Desk subsidiary buys ~700 AutoDoc customer contracts (400 active on TTM basis) from FIZ Karlsruhe.
Research Solutions Q3 FY2022: record revenue $8.8M, ARR up 32% to $7.3M, net loss $0.01/share
Total revenue $8.8M (+5% YoY); platform revenue $1.8M (+33% YoY); transaction revenue flat at $7.0M.
Maturity of revolving line extended from original to February 28, 2024.
Research Solutions Q2 revenue up 5.7% to $7.9M, ARR rises 36% to $6.8M, net loss widens
Total revenue $7.9M (+5.7% YoY); platform revenue $1.6M (+31%); gross margin 36.0% (+390 bps).
Research Solutions Q1 FY22: net loss $0.01/share, platform ARR up 33% to $6.3M
Total revenue $7.7M unchanged YoY; net loss $372K vs net income $15K prior.
On July 31, 2026, Research Solutions, Inc. terminated Sefton Cohen from the position of Chief Revenue Officer.
On July 28, 2026, Research Solutions, Inc. (the “Company”) appointed Dave Kutil as the Company’s Chief Financial Officer (“CFO”).
the Company terminated Mr. Derycz’s employment as Executive Chairman of the Board without cause. Mr. Derycz’s termination resulted in the resignation of Mr. Derycz from the Board and from all committees on which he served effective as of September 15, 2023.
On August 28, 2023, Eugene Robin resigned as a member of the Board of Directors (the “Board”) of Research Solutions, Inc. (the “Registrant”) and its subsidiaries.
Effective February 8, 2022, pursuant to the authority granted under the Registrant’s Amended and Restated Bylaws, the Registrant’s Board of Directors (“Board”) increased the number of directors constituting the Board to six, and appointed Barbara J. Cooperman to fill the vacant seat on the Board.
On October 4, 2021, the Compensation Committee of the Registrant’s Board of Directors approved the Registrant’s entry into an Employment Agreement with William Nurthen (the “Nurthen Agreement”) pursuant to which Mr. Nurthen, age 48, will serve as the Registrant’s Chief Financial Officer.
On October 4, 2021, the Compensation Committee of the Registrant’s Board of Directors approved the Registrant’s entry into an Amended and Restated Employment Agreement with Roy W. Olivier (the “Olivier Agreement”) pursuant to which Mr. Olivier will serve as the Registrant’s Chief Executive Officer and President
On October 4, 2021, Alan Urban resigned as the Registrant’s Chief Financial Officer and Secretary.
Max materiality 0.85 · Median 0.60 · Most common event earnings