Recent Updates — RSSS
Research Solutions, Inc. reported financial results for the fourth quarter and fiscal year ended June 30, 2026. Full-year net income rose 123% to $2.8 million ($0.09 diluted EPS), driven by a shift toward higher-margin platform revenue which grew nearly 10% to $20.8 million. Total revenue declined slightly by 1.5% to $48.3 million as transaction revenue fell 8.7%. B2B ARR increased 14.1% to $16.2 million, contributing to total ARR of $22.5 million. Adjusted EBITDA reached a record $5.8 million. The company ended the fiscal year with $12.6 million in cash and cash equivalents.
Research Solutions, Inc. appointed David Kutil as its permanent Chief Financial Officer effective July 28, 2026, following his tenure as Interim CFO and Secretary since December 10, 2025. The company entered into an employment agreement with Mr. Kutil providing for an annual base salary of $275,000 and eligibility for a performance-based bonus of up to $55,000. Additionally, the filing reports the termination of Sefton Cohen from his position as Chief Revenue Officer effective July 31, 2026. Research Solutions, Inc. operates in the technology sector, providing research solutions and data analytics services.