Business
Research Solutions Reports Fiscal Third Quarter 2025 Results
Research Solutions, Inc. (NASDAQ: RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal third quarter ended March 31, 2025.
About this update from Research Solutions, Inc
[{"type":"text","content":"Reports 23 Percent Increase in ARR to $20.4 Million and 43 Net New Platform Deployments, Positive Net Income and Record Adjusted EBITDA and Cashflow","length":148,"tagName":"p","attribs":{}},{"type":"text","content":"HENDERSON, Nev., May 8, 2025 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ: RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal third quarter ended March 31, 2025.","length":214,"tagName":"p"},{"type":"image","alt":"Research Solutions logo (PRNewsfoto/Research Solutions, Inc.)","displaySize":"","headline":null,"caption":"Research Solutions logo (PRNewsfoto/Research Solutions, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":150,"url":"https://media.zenfs.com/en/prnewswire.com/504d1d1bf4cd3f67cd852f3e8909ff38"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/v0t3HMfPspISerdU_X5GYQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI2NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/504d1d1bf4cd3f67cd852f3e8909ff38","width":400,"height":150}},"href":"https://mma.prnewswire.com/media/2622870/RS_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Fiscal Third Quarter 2025 Summary","length":33,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenue of $12.7 million, compared to $12.1 million in the prior-year quarter.","length":84,"tagName":"p"}]},{"val":[{"type":"text","content":"Platform revenue up 22% to $4.8 million. Platform revenue accounted for 38% of total revenue as compared to 33% in the prior-year quarter.","length":143,"tagName":"p"}]},{"val":[{"type":"text","content":"Annual Recurring Revenue ("ARR") up 23% to $20.4 million, which includes approximately $13.5 million of B2B recurring revenue and $6.9 million of B2C recurring revenue. Net B2B ARR growth in the quarter was $736,000, a Company record for quarterly B2B growth.","length":280,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit up 14% from the prior-year quarter. Total gross margin improved 430 basis points to 49.5%.","length":103,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income of $216,000 or $0.01 per diluted share, compared to net income of $76,000 or nil per diluted share in the prior-year quarter.","length":136,"tagName":"p"}]},{"val":[{"type":"text","con...