Intellinetics (INLX)
XASE:INLX
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Intellinetics
(NYSE MKT:INLX)
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Rating:48Neutral
Price Target:
$6.00
▼(-27.45% Downside)
Action:Reiterated
Date:06/19/26
The score is held down primarily by deteriorating earnings performance (revenue decline and losses) and bearish technical trend signals (below major moving averages, negative MACD). Offsetting factors include a relatively stable balance sheet with positive cash flow and an earnings-call outlook that points to potential SaaS growth improvement, but guidance is not yet reflected in current profitability.
Positive Factors
Balance Sheet Strength
A debt-free capital structure with cash on hand and meaningful deferred revenue provides financial flexibility. This supports continued investment in SaaS transition, absorbs near-term losses, and reduces refinancing risk, improving the company's ability to execute strategic initiatives over the next several quarters.
Negative Factors
Revenue Decline
Declining top-line reflects weakened demand and lower professional services volumes, reducing scale and lifting fixed-cost absorption. Persistent revenue contraction undermines margins and cash generation potential, making the SaaS transition harder and extending the timeline to restore growth and profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
A debt-free capital structure with cash on hand and meaningful deferred revenue provides financial flexibility. This supports continued investment in SaaS transition, absorbs near-term losses, and reduces refinancing risk, improving the company's ability to execute strategic initiatives over the next several quarters.
Read all positive factors
Intellinetics (INLX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$26.39M
Dividend YieldN/A
Average Volume (3M)4.88K
Price to Earnings (P/E)―
Beta (1Y)-0.25
Revenue Growth-8.52%
EPS Growth-105.92%
CountryUS
Employees138
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.53
Shares Outstanding4,494,994
10 Day Avg. Volume12,448
30 Day Avg. Volume4,877
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)3.02
Price to Sales (P/S)2.07
P/FCF Ratio59.23
Enterprise Value/Market Cap1.08
Enterprise Value/Revenue1.76
Enterprise Value/Gross Profit2.79
Enterprise Value/Ebitda-29.13
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.29
Revenue Forecast (FY)$19.00M
Intellinetics Business Overview & Revenue Model
Company Description
Intellinetics, Inc. is a company that specializes in creating, developing, testing, commercializing, and licensing document-related services and software solutions within the United States. The firm operates through two primary divisions: Document...
How the Company Makes Money
Intellinetics makes money primarily by selling and supporting its document management and automation offerings through a mix of software and services revenue. Key revenue streams typically include: (1) software revenue—fees for access to or use of...
Intellinetics Earnings Call Summary
Earnings Call Date:May 14, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 17, 2026
Earnings Call Sentiment Neutral
The call balances near-term operational and revenue headwinds against clear strategic positives. Revenue and profitability trends were negative in Q1 — total revenue down 8%, professional services down 14.3%, adjusted EBITDA moved from a small profit to a loss, and net loss widened — driven by lower professional services volume, project mix and one-time CEO transition costs. Offsetting these challenges, SaaS revenue remained stable at ~$1.5M, software margins were described as solid, the company carries no debt and holds deferred revenue from signed contracts, and management is providing a constructive outlook (expecting double-digit SaaS growth in fiscal 2026) under new leadership focused on improving execution. Overall, positives and negatives are reasonably balanced.Positive Updates
Leadership and Strategic Focus
New CEO Alison Forsythe ~90 days into the role, driving priorities to accelerate SaaS growth, improve execution discipline and go-to-market effectiveness; management moving quickly to align resources and improve predictability.
Negative Updates
Total Revenue Decline
Total revenue decreased 8% to $3.9 million in Q1 2026 from $4.2 million in Q1 2025.
Read all updates
Q1-2026 Updates
Positive
Negative
Leadership and Strategic Focus
New CEO Alison Forsythe ~90 days into the role, driving priorities to accelerate SaaS growth, improve execution discipline and go-to-market effectiveness; management moving quickly to align resources and improve predictability.
Read all positive updates
Company Guidance
Management's explicit guidance was that Intellinetics currently expects double‑digit year‑over‑year SaaS revenue growth for fiscal 2026 versus 2025; for context, Q1 revenue was $3.9M (down 8% YoY from $4.2M) with SaaS revenue roughly $1.5M (stable YoY), software maintenance down $39K (‑11.6%), professional services $1.9M (‑14.3%) representing 47% of revenue versus 51% a year ago, consolidated gross margin was 63.5% (vs. 56.6% a year ago), operating expenses were $3.7M (+4.4%) including $430K of CEO transition costs, net loss was $1.2M (loss per share $0.27 vs $0.17), adjusted EBITDA was a loss of $288K (vs. adjusted EBITDA profit of $77K a year ago), and the March 31 balance sheet showed $2.1M cash, $1.2M net accounts receivable, $16.5M total assets (including $8.6M intangibles and goodwill), $5.8M total liabilities (including $2.9M deferred revenue) and no debt.Intellinetics Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
63
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.25M | 16.58M | 18.02M | 16.89M | 14.02M | 11.46M |
| Gross Profit | 10.26M | 10.95M | 11.52M | 9.59M | 8.19M | 6.94M |
| EBITDA | -981.77K | -542.93K | 1.03M | 2.08M | 2.19M | 2.86M |
| Net Income | -2.32M | -1.87M | -546.22K | 519.27K | 24.03K | 1.36M |
Balance Sheet | ||||||
| Total Assets | 16.46M | 17.31M | 18.57M | 19.03M | 19.94M | 11.96M |
| Cash, Cash Equivalents and Short-Term Investments | 2.08M | 2.53M | 2.49M | 1.22M | 2.70M | 1.75M |
| Total Debt | 1.42M | 1.66M | 3.55M | 5.65M | 7.02M | 5.69M |
| Total Liabilities | 5.99M | 5.92M | 7.94M | 9.28M | 11.37M | 9.30M |
| Stockholders Equity | 10.47M | 11.38M | 10.63M | 9.75M | 8.57M | 2.66M |
Cash Flow | ||||||
| Free Cash Flow | 190.78K | 579.49K | 3.03M | 236.58K | 1.41M | 799.48K |
| Operating Cash Flow | 815.79K | 933.87K | 3.86M | 784.66K | 1.99M | 1.39M |
| Investing Cash Flow | -803.71K | -823.98K | -827.77K | -548.08K | -6.96M | -590.49K |
| Financing Cash Flow | -74.20K | -70.85K | -1.76M | -1.72M | 5.92M | -954.73K |
Intellinetics Technical Analysis
Negative
8.27
Price Trends
6.76
Negative
7.25
Negative
8.48
Negative
Market Momentum
-0.21
Negative
44.45
Neutral
67.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For INLX, the sentiment is Negative. The current price of 8.27 is above the 20-day moving average (MA) of 6.20, above the 50-day MA of 6.76, and below the 200-day MA of 8.48, indicating a bearish trend. The MACD of -0.21 indicates Negative momentum. The RSI at 44.45 is Neutral, neither overbought nor oversold. The STOCH value of 67.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for INLX.
Intellinetics Risk Analysis
Intellinetics disclosed 40 risk factors in its most recent earnings report. Intellinetics reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Intellinetics Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $49.76M | 28.05 | 4.81% | ― | 12.37% | 615.79% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | $2.91M | 1.05 | 0.51% | ― | 125.00% | ― | |
52 Neutral | $32.47M | -4.19 | -29.65% | ― | 3.00% | -51.43% | |
49 Neutral | $39.26M | -3.55 | -11.23% | ― | -18.57% | 38.84% | |
48 Neutral | $26.39M | -11.10 | -15.63% | ― | -8.52% | -105.92% |
* Technology Sector Average
INLX
Intellinetics
5.87
-7.01
-54.43%
AWRE
Aware
1.50
-0.37
-19.79%
NTWK
Netsol Technologies
4.19
1.29
44.48%
PHUN
Phunware
1.92
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-36.21%
HKIT
Hitek Global
0.32
-201.14
-99.84%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.