Resaas Services (RSS) AI Stock Analysis

• Market Cap: C$32.01M
• Dividend Yield: N/A
• Average Volume (3M): 24.83K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.37
• Revenue Growth: 104.32%
• EPS Growth: 70.63%
• Country: CA
• Employees: 35
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.00
• Shares Outstanding: 80,037,000
• 10 Day Avg. Volume: 28,135
• 30 Day Avg. Volume: 24,828
• PEG Ratio: 0.35
• Price to Book (P/B): -24.05
• Price to Sales (P/S): 58.08
• P/FCF Ratio: -24.83
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: C$0.40 ▲(0.50% Upside)

The score is held back primarily by weak financial fundamentals (persistent losses, negative cash flow, and negative equity). Technical signals are moderately supportive with price above key moving averages and positive MACD, while valuation remains constrained by a negative P/E. Recent corporate events are positive and improve the outlook, but they do not fully offset the balance-sheet and profitability risks.

Resaas Services Business Overview & Revenue Model

Company Description

RESAAS Services Inc. engages in the development of web and mobile communications software for the real estate industry. The company offers a suite of tools, which integrate with the platform, including a global referral network, lead generation engine, listing management, client engagement modules, customer relationship management tools, analytics, file sharing, payment system, and advertising engine. Its solutions include RealTimeMLS, a real-time listing solution and communication platform designed for real estate associations and multiple listing services (MLSs); and BrokerOS, an online communication hub that ensures agents open, read, and respond to the emails and messages sent to them by users. It serves MLSs, franchises, and real estate brokerage and real estate agents in the real estate industry. The company was incorporated in 2009 and is based in Vancouver, Canada.

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 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	739.82K	358.01K	406.27K	374.43K	560.02K	656.77K
Gross Profit	739.82K	358.01K	406.27K	374.43K	560.02K	656.77K
EBITDA	-318.40K	-1.10M	-2.23M	-1.00M	-2.66M	-2.48M
Net Income	-337.36K	-1.12M	-2.26M	-1.19M	-2.83M	-2.78M
Balance Sheet
Total Assets	102.10K	68.86K	806.48K	400.49K	446.13K	669.01K
Cash, Cash Equivalents and Short-Term Investments	63.34K	14.69K	647.51K	240.35K	152.31K	130.07K
Total Debt	764.05K	694.00K	519.65K	335.89K	100.83K	51.28K
Total Liabilities	998.22K	933.36K	856.48K	833.78K	701.13K	701.25K
Stockholders Equity	-896.12K	-864.50K	-49.99K	-433.29K	-255.00K	-32.24K
Cash Flow
Free Cash Flow	-165.61K	-837.27K	-995.55K	-1.12M	-1.18M	-1.65M
Operating Cash Flow	-165.61K	-837.27K	-995.55K	-1.12M	-1.18M	-1.64M
Investing Cash Flow	0.00	0.00	0.00	-3.59K	-3.09K	61.37K
Financing Cash Flow	182.53K	186.71K	1.40M	1.21M	1.20M	1.36M

Resaas Services Technical Analysis

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

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 above the 20-day moving average (MA) of 0.39, above the 50-day MA of 0.37, and above the 200-day MA of 0.37, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.97 is Neutral, neither overbought nor oversold. The STOCH value of 57.25 is Neutral, 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
CTZ	79 Outperform	C$35.01M	14.38	27.13%	―	18.05%	22.83%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
RW	57 Neutral	C$17.14M	68.85	446.71%	―	15.42%	―
RSS	51 Neutral	C$32.01M	-95.24	―	―	104.32%	70.63%
LQWD	48 Neutral	C$43.86M	-6.60	-21.52%	―	782.42%	-63.88%
MAPS	44 Neutral	C$21.00M	-9.22	―	―	3.08%	59.01%
NTAR	41 Neutral	C$31.03M	-6.28	―	―	-59.22%	83.08%

Resaas Services Corporate Events

RESAAS Partners with SAP for Enhanced Real Estate Intelligence

RESAAS Services Inc. has announced a strategic partnership with SAP to integrate its real-time real estate data with SAP’s enterprise AI and business intelligence platforms. This collaboration allows multinational real estate firms to leverage advanced analytics, predictive modeling, and AI-driven decision-making by combining RESAAS’ data with SAP’s capabilities. The partnership is expected to enhance enterprise deployments, providing global real estate firms with unified, real-time insights into referral activities, transaction pipelines, and cross-border collaboration.

RESAAS Services Appoints New Auditor to Support U.S. Expansion

RESAAS Services Inc. has appointed Davidson & Company LLP as its new auditor, effective December 1, 2025, replacing Smythe LLP at the company’s request. This change aligns with RESAAS’s commitment to enhancing financial reporting standards and supporting its expanding U.S. strategy, as Davidson & Company is registered with the Public Company Accounting Oversight Board (PCAOB). This strategic move is expected to facilitate RESAAS’s compliance with U.S. securities regulations and bolster its growth in the U.S. real estate technology market.

RESAAS Achieves Cash-Flow Positivity with Record Q3 Revenue Growth

RESAAS Services Inc. reported its financial results for the third quarter of 2025, achieving cash-flow positivity and record revenue growth of 225% year-over-year. This marks the fourth consecutive quarter of revenue growth, driven by increased enterprise adoption and data partnerships. The company plans to expand its enterprise sales, launch RESAAS Pay, and grow its commercial data exchange into new markets, aiming to enhance its industry positioning and stakeholder value.

RESAAS Embraces New SR&ED Policy for Financial Growth

RESAAS Services Inc. has welcomed a significant policy change in Canada’s 2025 Federal Budget, which now allows publicly traded technology companies to receive refundable Scientific Research & Experimental Development (SR&ED) credits. This change, retroactive to January 1, 2025, will enable RESAAS to convert its technology development expenditures into non-dilutive, non-debt capital, thereby strengthening its financial position. The company expects this will support continued innovation and growth in its real estate data platform, marking a positive shift in its operational and financial strategy.