Intellinetics reports Q4 EPS (1c) vs. 1c last year

Reports Q4 revenue $4.3M vs. $4.2M last year. James F. DeSocio, President & CEO of Intellinetics (INLX), stated, “2024 marked the beginning of our multi-year journey to becoming a predominantly SaaS company, while maintaining and opportunistically growing our other solutions in the digital transformation space. Our new Payables Automation SaaS solutions will spearhead our transformation, exceeding the growth of our traditional content management SaaS solutions. Our SaaS revenue continues to grow faster than our consolidated revenue. From our position of strength in cash flow generation, we will continue to invest more in sales and marketing to take advantage of the opportunities in front of us, particularly in Payables Automation.”