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rsss: the income statement
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Transactions
$7,191,345
Platforms
$5,120,840
Total revenue
$12,312,185
(2.22%↑ Y/Y)
Gross profit
$6,225,298
(7.97%↑ Y/Y)
Total cost of revenue
$6,086,887
(-3.05%↓ Y/Y)
Other income
$126,913
(85.21%↑ Y/Y)
Income from operations
$961,671
(48.71%↑ Y/Y)
Total operating
expenses
$5,263,627
(2.82%↑ Y/Y)
Transactions
$5,476,512
Platforms
$610,375
Income before
provision for income taxes
$770,618
(7.75%↑ Y/Y)
Change in fair value of
contingent earnout...
$317,966
Depreciation and
amortization
$316,066
(1.27%↑ Y/Y)
Selling, general and
administrative
$4,947,561
(2.92%↑ Y/Y)
Foreign currency
translation
$967
(115.68%↑ Y/Y)
Net income
$749,387
(12.02%↑ Y/Y)
Provision for income taxes
$21,231
(-54.06%↓ Y/Y)
Comprehensive income
$750,354
(13.20%↑ Y/Y)
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Income Statement
source: myfinsight.com
Research Solutions, Inc. (RSSS)
Research Solutions, Inc. (RSSS)