Resaas Services (RSS) AI Stock Analysis

• Market Cap: $28.81M
• Dividend Yield: N/A
• Average Volume (3M): 22.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.16
• Revenue Growth: -9.47%
• EPS Growth: 55.86%
• Country: CA
• Employees: 35
• Sector: Technology
• Sector Strength: 90
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 80,037,000
• 10 Day Avg. Volume: 24,595
• 30 Day Avg. Volume: 22,505
• PEG Ratio: -1.17
• Price to Book (P/B): -32.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -60.64
• 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

• Rating: 27 Underperform
• Price Target: ―

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. 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	440.22K	358.01K	406.27K	374.43K	560.02K	656.77K
Gross Profit	431.59K	358.01K	406.27K	191.86K	560.02K	656.77K
EBITDA	-733.86K	-1.10M	-2.23M	-1.00M	-2.66M	-2.48M
Net Income	-753.78K	-1.12M	-2.26M	-1.19M	-2.83M	-2.78M
Balance Sheet
Total Assets	145.53K	68.86K	806.48K	400.49K	446.13K	669.01K
Cash, Cash Equivalents and Short-Term Investments	105.70K	14.69K	647.51K	240.35K	152.31K	130.07K
Total Debt	750.24K	694.00K	519.65K	335.89K	6.93K	51.28K
Total Liabilities	1.02M	933.36K	856.48K	833.78K	701.13K	701.25K
Stockholders Equity	-877.94K	-864.50K	-49.99K	-433.29K	-255.00K	-32.24K
Cash Flow
Free Cash Flow	-475.15K	-837.27K	-995.55K	-1.12M	-1.18M	-1.65M
Operating Cash Flow	-475.15K	-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	247.46K	186.71K	1.40M	1.21M	1.20M	1.36M

Resaas Services Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.36
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• 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 0.36 is above the 20-day moving average (MA) of 0.36, above the 50-day MA of 0.35, and above the 200-day MA of 0.33, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.16 is Neutral, neither overbought nor oversold. The STOCH value of 39.39 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$43.88M	18.25	26.51%	―	16.47%	44.10%
Sector *	62 Neutral	£504.05M	24.83	-8.56%	2.50%	4.03%	-28.20%
ONE	57 Neutral	C$44.00M	―	-113.15%	―	-10.58%	-16.33%
MAPS	48 Neutral	C$20.19M	―	-9999.00%	―	13.60%	45.14%
AXCP	39 Underperform	C$37.34M	―	-80.82%	―	―	42.32%
LQWD	38 Underperform	C$109.48M	―	-15.28%	―	―	-94.83%
RSS	27 Underperform	$28.81M	―		―	-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.