RSSS Financials 07/16/2014 10:14:32 Research Solu

RSSS Financials 07/16/2014 10:14:32
Research Solutions, Inc.
Period Ending Jun 30, 2013 Jun 30, 2012 Jun 30, 2011 Jun 30, 2010
Total Revenue 45,499 42,819 33,500 24,935
Cost of Revenue 35,948 34,778 29,594 21,019
Gross Profit 9,550 8,040 3,906 3,916
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 9,072 10,722 8,489 4,031
Non-Recurring Items - 2,514 - -
Other 591 1,456 674 207
Operating Income 364 (6,653) (5,257) (321)
Income From Continuing Operations
Add'l Income/Expense Items 393 19 (7) 10
Earnings Before Interest and Tax 280 (6,634) (5,264) (312)
Interest Expense 89 221 144 7
Earnings Before Tax 190 (6,854) (5,408) (319)
Income Tax (2) (322) - 1
Minority Interest - - - (12)
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 192 (6,532) (5,408) (307)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 192 (6,532) (5,408) (307)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 192 (6,532) (5,408) (307)