OTCPK:RSSS

Stock Analysis Report

Executive Summary

Research Solutions, Inc., through its subsidiaries, provides annual licenses that allow customers to access and utilize features of cloud based software-as-a-service research intelligence platform.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • Research Solutions is not covered by any analysts.

Share Price & News

How has Research Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.4%

OTCPK:RSSS

-0.7%

US IT

-1.6%

US Market


1 Year Return

27.7%

OTCPK:RSSS

17.8%

US IT

-3.0%

US Market

RSSS outperformed the IT industry which returned 17.7% over the past year.

RSSS outperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

RSSSIndustryMarket
7 Day0.4%-0.7%-1.6%
30 Day-7.8%-4.0%-5.7%
90 Day16.9%6.4%0.2%
1 Year27.7%27.7%19.0%17.8%-0.8%-3.0%
3 Year134.9%134.9%96.2%87.8%38.1%29.1%
5 Year200.0%200.0%137.6%113.4%50.8%34.1%

Price Volatility Vs. Market

How volatile is Research Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Research Solutions undervalued based on future cash flows and its price relative to the stock market?

26%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Research Solutions's share price is below the future cash flow value, and at a moderate discount (> 20%).

Research Solutions's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Research Solutions is loss making, we can't compare its value to the US IT industry average.

Research Solutions is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Research Solutions, we can't assess if its growth is good value.


Price Based on Value of Assets

Research Solutions is overvalued based on assets compared to the US IT industry average.


Next Steps

Future Growth

How is Research Solutions expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.1%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Research Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Examine Research Solutions's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Research Solutions's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Research Solutions performed over the past 5 years?

-23.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Research Solutions does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Research Solutions's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Research Solutions's 1-year growth to the US IT industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Research Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Research Solutions has efficiently used its assets last year compared to the US IT industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Research Solutions improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Research Solutions's financial position?


Financial Position Analysis

Research Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Research Solutions's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Research Solutions's level of debt (0%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (102.3% vs 0% today).


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are -3.8515353268265E+17x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Whilst loss making Research Solutions has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Research Solutions has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.3% per year.


Next Steps

Dividend

What is Research Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Research Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Research Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Research Solutions has not reported any payouts.

Unable to verify if Research Solutions's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Research Solutions has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Research Solutions's salary, the management and board of directors tenure and is there insider trading?

1.2yrs

Average management tenure


CEO

Peter Derycz (57yo)

13.6yrs

Tenure

US$568,277

Compensation

Mr. Peter Victor Derycz has been the Chief Executive Officer and President at Research Solutions, Inc. since January 6, 2006. Mr. Derycz is a Founding Partner, Chief Executive Officer and President of Repr ...


CEO Compensation Analysis

Peter's remuneration is about average for companies of similar size in United States of America.

Peter's compensation has increased whilst company is loss making.


Management Age and Tenure

1.2yrs

Average Tenure

47.5yo

Average Age

The average tenure for the Research Solutions management team is less than 2 years, this suggests a new team.


Board Age and Tenure

4.0yrs

Average Tenure

60yo

Average Age

The tenure for the Research Solutions board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Peter Derycz (57yo)

    Founder

    • Tenure: 13.6yrs
    • Compensation: US$568.28k
  • Scott Ahlberg (56yo)

    Chief Operating Officer

    • Tenure: 12.1yrs
    • Compensation: US$416.48k
  • Alan Urban (51yo)

    CFO & Secretary

    • Tenure: 7.8yrs
    • Compensation: US$420.83k
  • Marc Nissan (42yo)

    Chief Technology Officer

    • Tenure: 1.1yrs
  • Rogier van Erkel (44yo)

    Chief Sales Officer

    • Tenure: 1.1yrs
  • Yohann Georgel (33yo)

    Chief Marketing Officer

    • Tenure: 1.2yrs
  • Shane Hunt

    Chief Customer Success Officer

    • Tenure: 0.6yrs

Board Members

  • Tony McPeak (83yo)

    Independent Director

    • Tenure: 8.8yrs
    • Compensation: US$70.27k
  • Peter Derycz (57yo)

    Founder

    • Tenure: 13.6yrs
    • Compensation: US$568.28k
  • Roy Olivier (60yo)

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: US$50.17k
  • John Regazzi (71yo)

    Chairman of the Board

    • Tenure: 4.0yrs
    • Compensation: US$138.52k
  • Chad Cooper (49yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$70.27k

Company Information

Research Solutions, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Research Solutions, Inc.
  • Ticker: RSSS
  • Exchange: OTCPK
  • Founded: 2006
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$60.592m
  • Shares outstanding: 24.33m
  • Website: https://www.researchsolutions.com

Number of Employees


Location

  • Research Solutions, Inc.
  • 15821 Ventura Boulevard
  • Suite 165
  • Encino
  • California
  • 91436
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RSSSOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2008

Biography

Research Solutions, Inc., through its subsidiaries, provides annual licenses that allow customers to access and utilize features of cloud based software-as-a-service research intelligence platform. The com ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 00:20
End of Day Share Price2019/08/22 00:00
Earnings2019/03/31
Annual Earnings2018/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.