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Turkish Energy Minister: Turkey's Tpao Signed Memorandum Of Understanding With Chevron On Possible Energy Cooperation
Egypt's Net Foreign Reserves Rise To $52.594 Billion In January From $51.452 Billion In December
Russia Is Open To International Cooperation On Zaporizhzhia Nuclear Plant, Including With The USA, But The Plant Must Be Russian - Tass Cites Likhachev
Iran's Revolutionary Guards Detain Two Vessels In The Gulf Carrying Over 1 Million Liters Of Smuggled Fuel, Crew Of 15 Foreigners Referred To Judiciary
Shanghai International Energy Exchange: To Raise Price Limits, Margin Ratios For International Copper Futures Contracts From Feb 9 Closing Settlement
German Chancellor Merz: Discussed Human Rights During Gulf Trip But Those Talks Remain Behind Closed Doors
China's Foreign Ministry Official To Iran Diplomat: China Supports Iran's Legitimate Right To Peaceful Uses Of Nuclear Energy
German Chancellor Merz: Concern About Military Escalation In Middle East Is Big, We Want To Contribute To Iran Stopping Its Destabilising Behaviour
[Should Trump Also Testify Before Congress On The Epstein Case? US House Speaker Responds] According To CNN, On The 4th, Its Reporter Asked US House Speaker Mike Johnson, A Republican, About The Epstein Case: "Would Subpoenaing The Clintons Set A Precedent? If The Democrats Have A Majority In The House, They Might Subpoena The Current President Or Other Former Presidents, And Perhaps Trump Would Also Have To Testify?" Johnson Responded That Subpoenaing The Clintons Was "well Justified," And Said That Trump Has Been "responding To Media Inquiries Every Day" On These Issues
Turkey President Erdogan: Damascus-Sdf Deal In Syria Relieves Pressure On Turkish Peace Process With Pkk
US Envoy Witkoff: Delegations From The United States, Ukraine, And Russia Agreed To Exchange 314 Prisoners

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HENDERSON, Nev., Dec. 11, 2025 /PRNewswire/ — Research Solutions, Inc. , the leading AI-powered research workflow platform, announced that its Chief Financial Officer and Secretary, Bill Nurthen, left the Company effective December 10, 2025 to pursue another opportunity.
The Company has named its Controller, Dave Kutil, as interim Chief Financial Officer and Secretary. Mr. Kutil has served as Controller since joining the Company in 2023 and has more than 15 years of financial leadership experience. Prior to joining Research Solutions, he served as Controller for the North American subsidiary of Lesaffre, a leading global consumer goods company, and Director of Accounting for Badger Meter.
"I would like to thank Bill for his contributions to the Company over the past four years and welcome Dave into this role as interim CFO and Secretary," said Roy W. Olivier, Chairman and Chief Executive Officer of Research Solutions. "Dave shares the Company's long-term strategic financial vision and has been working alongside Bill since joining the Company. I am confident that he will be able to fulfill the responsibilities of the position with no loss in continuity or production."
About Research Solutions
Research Solutions, Inc. provides cloud-based technologies to streamline the process of obtaining, managing, and creating intellectual property. Founded in 2006 as Reprints Desk, the Company was a pioneer in developing solutions to serve researchers. Today, more than 70 percent of the top pharmaceutical companies, prestigious universities, and emerging businesses rely on Article Galaxy, the Company's SaaS research platform, to streamline access to the latest scientific research and data with 24/7 customer support. For more information and details, please visit www.researchsolutions.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/research-solutions-announces-cfo-transition-302638736.html
SOURCE Research Solutions, Inc.
A major shift to a SaaS platform model has driven higher margins and recurring revenue, with B2B ARR growing 20% and platform revenue now over 40% of the mix. AI integration, strong publisher ties, and a focus on R&D-intensive sectors underpin growth, while transactional revenue faces headwinds from open access and customer churn.
The company has transformed into a high-margin SaaS platform for research, with ARR growing 20% and platform revenue now 40-42% of the mix. Despite headwinds in transactional revenue, profitability and cash flow have improved, and the business is considering share buybacks. AI integration and unique product features support a strong market position.
Recurring SaaS revenue and customer base have grown significantly, driven by a shift to a high-margin AI and SaaS platform serving a $15B market. The business model delivers strong cash flow, high retention, and expanding profitability, supported by a clean balance sheet and strategic reinvestment.
Original document: Research Solutions, Inc [RSSS] Slides Release — Nov. 18 2025
ARR grew 21% to $21.3M, with platform revenue up 18% and net income up 12% year-over-year. Gross margin improved to 50.6%, and operating cash flow rose 31%, driven by strong B2B performance and new AI-powered platform capabilities.
Original document: Research Solutions, Inc [RSSS] SEC 8-K Current Report — Nov. 13 2025
Revenue grew 2.2% to $12.3M, with net income up 12% to $749K, driven by strong platform sales and improved margins. Adjusted EBITDA rose 15.8% to $1.47M, and the company maintained a solid cash position while making earnout and stock repurchase payments.
Original document: Research Solutions, Inc [RSSS] SEC 10-Q Quarterly Report — Nov. 13 2025
Q1 saw record B2B ARR growth of 21% year-over-year, driven by large new deals and strong SaaS/AI traction. Gross margin improved to 50.6%, and adjusted EBITDA rose 16%. Focus remains on ARR, ASP, and product innovation, with continued investment in AI and sales execution.
Based on Research Solutions, Inc [RSSS] Q1 2026 Audio Transcript — Nov. 13 2025
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