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Intellinetics ( (INLX) ) just unveiled an update.
On May 28, 2025, Graphic Sciences, Inc., a subsidiary of Intellinetics, Inc., secured a five-year contract renewal with the State of Michigan for document management services, valued at an estimated $42.75 million. This contract, effective from June 1, 2025, to May 30, 2030, allows Michigan’s subdivisions and agencies to procure services at a fixed price, though the contract can be terminated under certain conditions. Separately, Intellinetics announced its largest contract in company history, a $40 million agreement for document scanning and conversion services, set to begin on June 1, 2025. This contract was awarded after a competitive evaluation process and positions Intellinetics to focus on delivering high-quality services and exploring further revenue opportunities, particularly in SaaS solutions.
Spark’s Take on INLX Stock
According to Spark, TipRanks’ AI Analyst, INLX is a Neutral.
The overall stock score of 56 reflects Intellinetics’ stable financial position and effective cash flow management, which are overshadowed by operational challenges and negative valuation metrics due to net losses. Technical indicators provide a neutral outlook, further impacting the score.
To see Spark’s full report on INLX stock, click here.
More about Intellinetics
Intellinetics, Inc. is a digital transformation solutions provider based in Columbus, Ohio. The company offers a range of services including the IntelliCloud™ content management platform, business process outsourcing, document and micrographics scanning services, and records storage. It serves highly regulated markets such as healthcare, human services, K-12 education, public safety, and state and local governments, focusing on enabling organizations to manage, store, and protect important documents and data.
Average Trading Volume: 5,478
Technical Sentiment Signal: Buy
Current Market Cap: $54.97M
Learn more about INLX stock on TipRanks’ Stock Analysis page.