Professional
Added to YB: 2024-03-04
Pitch date: 2024-02-29
RSSS [bullish]
Research Solutions, Inc.
-2.61%
current return
Author Info
No bio for this author
Company Info
Research Solutions, Inc., through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally.
Market Cap
$99.9M
Pitch Price
$3.06
Price Target
10.00 (+236%)
Dividend
N/A
EV/EBITDA
21.64
P/E
78.96
EV/Sales
1.78
Sector
IT Services
Category
growth
Artko Capital Portfolio Holding: Research Solutions, Inc.
RSSS: 24% stake at $1.80 cost, stock +41% YTD after -22% in '22. Scientific info provider saw 15% rev growth, 21% gross profit jump in '23. Transactions biz ($1/share value) to pharma cos hit $30M+ rev, $7.7M gross profit. SaaS Platforms +32% rev to $10.3M, ARR $15.7M (+77%), 86% margins on 19% sub growth & 13% price increase. AI acquisitions enhance flagship product. New CEO targets $20M ARR by late '24, $30M by '26. Potential sale in H2 '24, $7-$10 price seen, 200%+ upside.
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