Research Solutions (RSSS) Investor presentation summary

Business transformation and growth

• Transitioned from a literature access platform to a vertical SaaS and AI platform, driving recurring SaaS revenue from $5.9M in FY21 to $22.1M by Q3 FY26, with CAGR accelerating from 5% to 14%.

• Platform revenue as a percentage of total increased from 16% in FY21 to 43% in Q3 FY26, with gross margins rising from 32% to 51%.

• Customer base expanded from 1,000 in 2017 to over 1,300 by March 2026, with diversification across scientific, technical, medical, and other industries.

• Adjusted EBITDA improved from $700K in FY21 to $6.0M TTM Q3 FY26, reflecting enhanced profitability.

• Total addressable market (TAM) estimated at $15B, with significant runway for growth in both B2B and B2C segments.

Platform and solutions

• Offers an end-to-end AI platform for research, integrating Scite Discovery and Article Galaxy for access, reference management, and analytics.

• AI rights secured for 40 publishers, covering 60% of global STM content, and 1.6 billion objects extracted to enhance search and citation results.

• Platform enables instant access to 40,000 journals and 200 million articles, with strong copyright compliance and reference management.

• Scite provides unique citation badges and integrates with Article Galaxy for seamless research workflows.

• SaaS platform delivers high ROI, reducing article spend by 28% and saving institutions an average of $51K per year.

Market opportunity and customer base

• Research-focused SaaS market projected to grow at 18.7% CAGR, reaching $908B by 2030.

• Platform serves over 1,500 organizations in 70 countries, including leading pharmaceutical, academic, and multinational clients.

• High customer fidelity with net renewal rates over 100% and long-term relationships with corporate, academic, and government sectors.

• Broad applicability across industries such as life sciences, engineering, technology, CPG, and government.

• Platform is often a first-time system for clients, indicating low market penetration and high growth potential.