Research Solutions Business Summary

Research Solutions, Inc. (RSSS) utilizes a dual-revenue model centered on its high-growth "Platform" subscription segment and its legacy "Transaction" document delivery services. The Platform business, which now contributes roughly 44% of total revenue with gross margins of 88%, provides a suite of SaaS and AI-powered workflow tools—including Article Galaxy, Resolute.ai, and the recently enhanced Scite.ai—designed to automate the discovery, management, and citation-verification of scientific, technical, and medical (STM) content. The Transaction segment generates revenue through per-article service fees for the electronic delivery of scholarly documents to corporate and academic R&D departments. As a publisher-independent marketplace, Research Solutions competes with major information providers such as Clarivate, Elsevier, and DeepDyve, distinguishing itself through its "Answers and Access" infrastructure that integrates directly with AI models like Claude and ChatGPT via its Scite MCP connectors. Founded in 2006 by Peter Derycz, the company is currently led by President, CEO, and Chairman Roy W. Olivier, an experienced SaaS executive who previously grew ARI Network Services into a $100 million enterprise. The leadership team includes Interim CFO and Secretary Dave Kutil, appointed in December 2025, Chief Technology Officer Rick Salloum, who brings three decades of tech experience from roles at CNN.com and Safe-Guard Products, and Chief Strategy Officer Josh Nicholson, the co-founder of the acquired Scite platform. Governance is bolstered by board member John Regazzi, former CEO of Elsevier Inc., and the company maintains a strong institutional investor base featuring The Needham Group, Punch & Associates, and Vanguard.