RSSS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
RSSS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Research Solutions's Net Income for the three months ended in Sep. 2024 was $0.67 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-2.13 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Research Solutions's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $0.02.
The historical data trend for Research Solutions's Net Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Research Solutions Annual Data | |||||||||||||||||||||
Trend | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||||
Net Income | Get a 7-Day Free Trial | -0.66 | -0.29 | -1.63 | 0.57 | -3.79 |
Research Solutions Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net Income | Get a 7-Day Free Trial | -0.99 | -0.05 | 0.08 | -2.82 | 0.67 |
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income
= Revenue
- Cost of Goods Sold
- Selling, General, & Admin. Expense
- Research & Development
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= EBITDA
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Operating Income
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others
Research Solutions's Net Income for the fiscal year that ended in Jun. 2024 is calculated as
Net Income | (A: Jun. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | -3.674 | + | -0.113 | + | 0 | + | 0 |
= | -3.79 |
Research Solutions's Net Income for the quarter that ended in Sep. 2024 is calculated as
Net Income | (Q: Sep. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 0.715 | + | -0.046 | + | 0 | + | 1.1102230246252E-16 |
= | 0.67 |
Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.13 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Research Solutions (NAS:RSSS) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
Research Solutions's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as
Earnings per Share (Diluted) (Q: Sep. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (0.669 | - | 0) | / | 33.235 | |
= | 0.02 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable businessThe dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of Research Solutions's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Peter Derycz | director, 10 percent owner, officer: CEO & President | 207 10TH STREET, SANTA MONICA CA 90402 |
Bristol Capital Advisors, Llc | other: See Explanation of Responses | 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360 |
Bristol Investment Fund Ltd | other: See Explanation of Responses | 89 NEXUS WAY, CAMANA BAY, PO BOX 311063, GRAND CAYMAN E9 KY1-1205 |
Paul Kessler | other: See Explanation of Responses | 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360 |
Janice M Peterson | other: See Explanation of Responses | 10990 WILSHIRE BOULEVARD, STE 1410, LOS ANGELES CA 90024 |
Roy W Olivier | director | 11425 WEST LAKE PARK DRIVE, SUITE 900, MILWAUKEE WI 53224 |
Barbara J. Cooperman | director | 10624 S. EASTERN AVENUE, SUITE A-614, HENDERSON NV 89052 |
Eugene Vlad Robin | director | 2508 FISK LANE, REDONDO BEACH CA 90278 |
William Nurthen | officer: CFO & Secretary | 500 N. DEARBORN, SUITE 1200, CHICAGO IL 60610 |
Shane Alan Hunt | officer: Chief Customer Success Officer | C/O RESEARCH SOLUTIONS, INC., 10624 S. EASTERN AVE, SUITE A-614, HENDERSON NV 89052 |
Alan Louis Urban | officer: CFO & Secretary | 1524 CLOVERFIELD BOULEVARD, SUITE E, SANTA MONICA CA 90404 |
Marc Nissan | officer: Chief Technology Officer | C/O RESEARCH SOLUTIONS, INC., 15821 VENTURA BLVD. SUITE 165, ENCINO CA 91436 |
12 West Capital Management Lp | 10 percent owner | 475 TENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018 |
Van Der Heijden Michiel | officer: Chief Product Officer | 10624 S. EASTERN AVE.., STE, A-614, HENDERSON NV 89052 |
Erkel Rogier Van | officer: Chief Sales Officer | C/O RESEARCH SOLUTIONS, INC., 15821 VENTURA BLVD. SUITE 165, ENCINO CA 91436 |
From GuruFocus
By PRNewswire • 09-10-2024
By PRNewswire • 08-19-2024
By GuruFocus Research • 02-08-2024
By PRNewswire • 09-24-2024
By PRNewswire • 04-30-2024
By PRNewswire • 08-22-2024
By GuruFocus Research • 02-08-2024
By GuruFocus News • 11-20-2024
By GuruFocus Research • 09-20-2024
By GuruFocus Research • 09-20-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.