Trade Research Solutions, Inc. - RSSS CFD

Trading Conditions

• Spread: 0.07
• Long position overnight feeLong position overnight feeMargin. Your investment$1,000.00Overnight feeCharges from full value of position-0.026179 %(-$1.05)Trade size with leverage ~ $5,000.00Short position overnight fee ~ $4,000.00Go to platform: -0.026179%
• Short position overnight feeShort position overnight feeMargin. Your investment$1,000.00Overnight feeCharges from full value of position0.003957 %($0.16)Trade size with leverage ~ $5,000.00Short position overnight fee ~ $4,000.00Go to platform: 0.003957%
• Overnight fee time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20
• Stock exchange: United States of America
• Commission on trade: 0%

• Margin. Your investment: $1,000.00
• Overnight feeCharges from full value of position: -0.026179 %
  (-$1.05)

• Margin. Your investment: $1,000.00
• Overnight feeCharges from full value of position: 0.003957 %
  ($0.16)

Key Stats

• Prev. Close: 2.96
• Open: 2.89
• 1-Year Change: 40.98%
• Day's Range: 2.78 - 2.92

Research Solutions, Inc. Company profile

About Research Solutions Inc

Research Solutions, Inc. is a holding company. The Company provides two service offerings to its customers, a cloud-based software-as-a-service (SaaS) research platform (Platforms) typically sells through annual auto-renewing license agreements and the sales of published scientific, technical, and medical content sells as individual articles either stand alone or through the Platform. Its cloud-based SaaS research Platform consists of software and Internet-based interfaces sells to customers for an annual subscription fee. Legacy functionality allows customers to initiate orders, route orders for the lowest cost acquisition, manage transactions, obtain spend and usage reporting, automate authentication, and connect seamlessly to in-house and third-party software systems. Its Platform has a functionality of app-like components. An alternative to manual data filtering, identification and extraction, the apps are designed to gather, augment, and extract data across a variety of formats.

Financial summary

BRIEF: For the six months ended 31 December 2021, Research Solutions Inc revenues increased 3% to $15.6M. Net loss increased from $246K to $854K. Revenues reflect Platforms increase of 32% to $3.1M. Higher net loss reflects Technology and product development increase of 35% to $1.7M (expense), Foreign currency transaction loss (gain) increase from $42K (income) to $23K (expense), Sales and marketing increase of 6% to $1M (expense).

Equity composition

Common Stock $.001 Par, 2/11, 100M auth., 15,263,469 issd., Insiders control 23.93%.