Resaas Services (RSS) AI Stock Analysis

• Market Cap: C$31.61M
• Dividend Yield: N/A
• Average Volume (3M): 26.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.11
• Revenue Growth: -9.47%
• EPS Growth: 55.86%
• Country: CA
• Employees: 35
• Sector: Technology
• Sector Strength: 51
• Industry: Software - Application
• EPS (TTM): -0.01
• Shares Outstanding: 80,037,000
• 10 Day Avg. Volume: 15,264
• 30 Day Avg. Volume: 26,006
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 86.15
• Price to Cash Flow (P/CF): -48.10
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Resaas Services is currently facing significant financial challenges, with poor financial performance as indicated by negative revenue growth, high leverage, and unprofitability. Technical analysis also shows weak momentum, contributing to a low overall stock score. Despite positive corporate events, the core financial and technical weaknesses weigh heavily on the stock's outlook.

Resaas Services Business Overview & Revenue Model

Company Description

Resaas Services Inc. (RSS) is a technology company specializing in the real estate sector. It provides a cloud-based social business platform designed to facilitate communication, networking, and collaboration among real estate professionals. The platform offers features such as listing syndication, market intelligence, and real-time communication tools to enhance the productivity and connectivity of real estate agents, brokers, and franchises.

How the Company Makes Money

Resaas Services generates revenue primarily through subscription fees charged to real estate professionals and organizations for access to its platform. The company offers various tiered subscription plans that provide different levels of access to its services and features. Additionally, Resaas may earn money through partnerships with real estate associations and companies by offering customized solutions or integrations. Revenue can also be derived from advertising and promotional services offered within the platform, allowing third-party vendors to reach Resaas' user base.

Resaas Services Financial Statement Overview

Summary

Resaas Services faces significant financial difficulties, with declining revenues, persistent losses, high leverage, and negative cash flows. These challenges highlight a need for strategic restructuring and improved operational efficiency to achieve financial stability.

Income Statement

The income statement shows significant challenges for Resaas Services. The TTM data reveals a negative gross profit margin due to decreased revenues and increased costs. Net profit margin and EBIT margin are also negative, indicating ongoing unprofitability. Revenue has been declining sharply over the years, reflecting a lack of growth and market challenges.

Balance Sheet

The balance sheet indicates substantial financial instability, with a negative stockholders' equity and high debt levels. The debt-to-equity ratio is concerning, and the equity ratio is negative due to liabilities far exceeding assets. This suggests potential solvency issues and a high-risk financial structure.

Cash Flow

The cash flow statement highlights persistent negative operating cash flows, suggesting ongoing operational struggles. Free cash flow is also negative, demonstrating difficulties in generating cash from operations. The cash flow to net income ratios indicate inefficiency in converting income into actual cash.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
362.09K	406.27K	374.43K	560.02K	656.77K	802.29K
	Gross Profit
351.48K	406.27K	191.86K	560.02K	656.77K	802.29K
	EBIT
-1.03M	-2.25M	-1.13M	-2.78M	-2.53M	-3.06M
	EBITDA
-1.12M	-2.23M	-1.00M	-2.66M	-2.48M	-2.80M
	Net Income Common Stockholders
-1.14M	-2.26M	-1.19M	-2.83M	-2.78M	-3.13M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.13M	647.51K	240.35K	152.31K	130.07K	405.93K
	Total Assets
2.14M	806.48K	400.49K	446.13K	669.01K	1.47M
	Total Debt
16.89K	519.65K	335.89K	6.93K	51.28K	194.27K
	Net Debt
-1.12M	-127.85K	95.54K	-145.38K	-78.79K	-155.15K
	Total Liabilities
632.41K	856.48K	833.78K	701.13K	701.25K	695.48K
	Stockholders Equity
1.50M	-49.99K	-433.29K	-255.00K	-32.24K	774.52K
Cash Flow		Free Cash Flow
-1.05M	-995.55K	-1.12M	-1.18M	-1.65M	-2.51M
	Operating Cash Flow
-1.05M	-995.55K	-1.12M	-1.18M	-1.64M	-2.47M
	Investing Cash Flow
0.00	0.00	-3.59K	-3.09K	61.37K	41.29K
	Financing Cash Flow
1.04M	1.40M	1.21M	1.20M	1.36M	1.65M

Resaas Services Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RSS, the sentiment is Positive. The current price of 0.4 is below the 20-day moving average (MA) of 0.40, above the 50-day MA of 0.34, and above the 200-day MA of 0.31, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 64.44 is Neutral, neither overbought nor oversold. The STOCH value of 85.26 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RSS.

Resaas Services Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MDA	75 Outperform	C$2.99B	37.94	7.09%	―	33.74%	61.09%
ZDC	65 Neutral	C$296.90M	167.60	7.39%	―	11.57%	-97.38%
Sector *	57 Neutral	$19.95B	9.66	-12.05%	2.76%	5.40%	-24.89%
KSI	57 Neutral	C$554.68M	―	-19.36%	―	43.00%	50.39%
RSS	27 Underperform	C$31.61M	―		―	-9.47%	55.86%

Resaas Services Corporate Events

RESAAS Welcomes Diversity Advocate Ryan Weyandt to Advisory Board

RESAAS Services Inc. has announced the addition of Ryan Weyandt, the Founder and CEO of the LGBTQ+ Real Estate Alliance, to its Advisory Board. Weyandt is noted for his dedication to diversity, equity, and inclusion in the real estate industry, which aligns with RESAAS’s mission to drive positive change. His expertise in real estate finance and market trends, gained from executive roles at Wells Fargo and U.S. Bank, will be instrumental in shaping the company’s future, enhancing its platform, and expanding its global reach.

RESAAS Expands Commercial Data Exchange with Retail Asset Class

RESAAS Services Inc. has announced the expansion of its Commercial Data Exchange (CODE) to include the Retail Asset Class, addressing the challenges faced by institutional landlords in marketing retail spaces. This move enhances the efficiency and accuracy of property marketing, fostering stronger connections between landlords, brokerages, and tenants, and solidifies RESAAS’s position as a leader in commercial real estate technology.

RESAAS Strengthens Advisory Board with Industry Leader Jessica Toppazzini

RESAAS Services Inc. has appointed Jessica Toppazzini to its Advisory Board, enhancing its strategic growth and market presence in the commercial real estate sector. Toppazzini, a seasoned leader and former Managing Director at Avison Young, is expected to use her expertise to boost the awareness and customer base for RESAAS’s Commercial Data Exchange (CODE), aligning with the company’s 2025 Strategic Plan.

RESAAS Expands Real Estate Data Exchange to Industrial Properties

RESAAS Services Inc. has announced the expansion of its Commercial Data Exchange (CODE) to include industrial properties, adding to its existing offerings for office properties. This strategic move positions RESAAS to attract new customers in the industrial real estate sector by enabling brokerages to securely share real-time data on various industrial property types such as warehouses and data centers. This expansion enhances RESAAS’s market presence in the commercial real estate industry and provides brokerages with improved tools for managing their property data.

RESAAS Enhances Real Estate Platform with AI Capabilities

RESAAS Services has enhanced its Commercial Data Exchange platform with AI capabilities to drive growth in the real estate industry. This expansion allows new customer types to access the platform and supports a wider range of asset classes. The platform’s development aims to provide real-time market insights and scalable data solutions for commercial brokerages.