Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Intellinetics (INLX)
NYSE MKT:INLX
Holding INLX?
Track your performance easily
Earnings Data
Report Date
Mar 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.08Last Year’s EPS
$0.01Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 13, 2024
|% Change Since: -2.36%
|Next Earnings Date:Mar 26, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a positive outlook on future growth driven by strategic investments and the successful launch of IPAS, despite current challenges with decreased margins and increased expenses leading to a net loss.Company Guidance
In the Intellinetics Q3 2024 earnings call, management provided guidance indicating a strategic focus on expanding their IPAS (payables automation solution) customer base, with expectations to have 11 to 12 customers live by early 2025, including a significant new customer contributing $250,000 annually. Revenue for Q3 increased by 8% year-over-year to $4.6 million, with SaaS subscription revenue growing 8.5% to $1.76 million. Professional services revenue also saw an 11.5% rise. Despite a slight decrease in consolidated gross margin to 61.1%, the company remains optimistic about future growth. Operating expenses rose by 37.3% to $3.1 million, driven by increased sales and marketing investments and share-based compensation. The company reiterated its expectation of year-over-year revenue growth for fiscal year 2024, although adjusted EBITDA is expected to decrease modestly due to these strategic investments, which are anticipated to positively impact long-term financial results.Revenue Growth
Total revenue increased by 8% to $4.6 million compared to $4.2 million for the same period last year.
SaaS and Professional Services Growth
SaaS revenue grew by 8.5%, and professional services revenue increased by 11.5%.
Launch and Customer Success of IPAS
High customer acceptance of the IPAS solution, with significant ROI reported by customers.
Debt Reduction
Paid $3.6 million in long-term debt since December 2022, with $800,000 in prepayments in the past quarter.
Strategic Investments
Investments in sales and marketing, including hiring additional sales reps and enhancing marketing efforts.
---
INLX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
INLX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $14.85 | $12.93 | -12.93% |
| Aug 13, 2024 | $9.14 | $8.47 | -7.33% |
| May 14, 2024 | $8.25 | $8.22 | -0.36% |
| Mar 28, 2024 | $8.83 | $6.37 | -27.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Intellinetics (INLX) report earnings?
Intellinetics (INLX) is schdueled to report earning on Mar 26, 2025, TBA Not Confirmed.
What is Intellinetics (INLX) earnings time?
Intellinetics (INLX) earnings time is at Mar 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is INLX EPS forecast?
INLX EPS forecast for the fiscal quarter 2024 (Q4) is -$0.08.
---