Intellinetics (INLX)
XASE:INLX
Top Page
Intellinetics
(NYSE MKT:INLX)
Select Model
Select Model
Rating:51Neutral
Price Target:
$7.50
▼(-9.31% Downside)
Action:ReiteratedDate:03/31/26
The score is primarily held back by weakening profitability and a sharp 2025 free-cash-flow downshift, alongside a clearly bearish technical setup (below major moving averages with negative MACD). Offsetting factors include strong gross/SaaS margins, a significantly improved balance sheet, and earnings-call commentary pointing to SaaS growth and a rebuilt backlog, with corporate actions (new CEO and added liquidity) modestly supportive.
Positive Factors
High and expanding gross margins
Sustained, high gross margins—especially 85%+ SaaS margins—indicate durable product economics and pricing power. High gross margins support scalable SaaS expansion, permit reinvestment in sales/engineering, and buffer profitability while services mix normalizes over multiple quarters.
Negative Factors
Worsening profitability and net losses
Return metrics moved negative as net losses deepened, undermining sustainable earnings generation. Persistent losses pressure retained earnings and ROE, constrain reinvestment without external funding, and complicate meeting profitability-based covenants and achieving sustained positive adjusted EBITDA.
Read all positive and negative factors
Positive Factors
Negative Factors
High and expanding gross margins
Sustained, high gross margins—especially 85%+ SaaS margins—indicate durable product economics and pricing power. High gross margins support scalable SaaS expansion, permit reinvestment in sales/engineering, and buffer profitability while services mix normalizes over multiple quarters.
Read all positive factors
Intellinetics (INLX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$33.24M
Dividend YieldN/A
Average Volume (3M)4.88K
Price to Earnings (P/E)―
Beta (1Y)-0.15
Revenue Growth-7.76%
EPS Growth-291.41%
CountryUS
Employees138
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.05
Shares Outstanding4,474,272
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 Cap0.97
Enterprise Value/Revenue1.95
Enterprise Value/Gross Profit2.96
Enterprise Value/Ebitda-66.46
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. designs, develops, tests, markets, and licenses document services and software solutions in the United States. The company operates in two segments, Document Management and Document Conversion. Its software platform allows its ...
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:Nov 12, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 18, 2026
Earnings Call Sentiment Neutral
The earnings call reflects a challenging period for Intellinetics, with significant revenue decline and reduced adjusted EBITDA mainly due to weakness in professional services. However, the company shows promising growth in its SaaS segment, strong pipeline, and strategic expansions. The overall sentiment is balanced with both positive developments and ongoing challenges.Positive Updates
SaaS Revenue Growth
SaaS revenue grew 14.6% to $1.6 million for the quarter compared to $1.4 million for the same period last year, driven by early payables automation successes.
Negative Updates
Decrease in Total Revenue
Total revenue for the quarter decreased 12.8% to $4.0 million compared to $4.6 million for the same period last year, mainly due to a 28% decrease in professional services revenue.
Read all updates
Q3-2025 Updates
Positive
Negative
SaaS Revenue Growth
SaaS revenue grew 14.6% to $1.6 million for the quarter compared to $1.4 million for the same period last year, driven by early payables automation successes.
Read all positive updates
Company Guidance
During the Intellinetics Third Quarter 2025 Earnings Conference Call, guidance focused on the company's strategic direction and anticipated financial performance. Despite a 12.8% decrease in total revenue to $4.0 million due to a temporary slowdown in professional services, the company emphasized robust growth in their SaaS segment, which increased by 14.6% to $1.6 million. The company has rebuilt its backlog to historical levels and expects sustained digital transformation work beyond the second quarter of fiscal 2026. With a strong pipeline, Intellinetics aims to expand revenue streams, particularly in storage and retrieval services and SaaS offerings. The company reported a consolidated gross margin increase of 434 basis points to 64.2%, with SaaS margins strong at 85.1%. Looking forward, Intellinetics anticipates a significant growth in SaaS revenues and projects that fourth quarter 2025 SaaS revenues will surpass those of the previous year, driven by a strategic focus on sales and marketing investments. The company also highlighted the success of its K-12 payables automation solution and expects positive adjusted EBITDA for the fiscal year.Intellinetics Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
62
Positive
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 16.58M | 18.02M | 16.89M | 14.02M | 11.46M |
| Gross Profit | 10.95M | 11.52M | 9.59M | 8.19M | 6.94M |
| EBITDA | -542.93K | 1.03M | 2.08M | 2.19M | 2.86M |
| Net Income | -1.87M | -546.22K | 519.27K | 24.03K | 1.36M |
Balance Sheet | |||||
| Total Assets | 17.31M | 18.57M | 19.03M | 19.94M | 11.96M |
| Cash, Cash Equivalents and Short-Term Investments | 2.53M | 2.49M | 1.22M | 2.70M | 1.75M |
| Total Debt | 1.66M | 3.55M | 5.65M | 7.02M | 5.69M |
| Total Liabilities | 5.92M | 7.94M | 9.28M | 11.37M | 9.30M |
| Stockholders Equity | 11.38M | 10.63M | 9.75M | 8.57M | 2.66M |
Cash Flow | |||||
| Free Cash Flow | 579.49K | 3.03M | 236.58K | 1.41M | 799.48K |
| Operating Cash Flow | 933.87K | 3.86M | 784.66K | 1.99M | 1.39M |
| Investing Cash Flow | -823.98K | -827.77K | -548.08K | -6.96M | -590.49K |
| Financing Cash Flow | -70.85K | -1.76M | -1.72M | 5.92M | -954.73K |
Intellinetics Technical Analysis
Negative
8.27
Price Trends
7.73
Negative
8.03
Negative
9.70
Negative
Market Momentum
-0.01
Negative
46.00
Neutral
47.00
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 7.49, above the 50-day MA of 7.73, and below the 200-day MA of 9.70, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 46.00 is Neutral, neither overbought nor oversold. The STOCH value of 47.00 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 |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | $39.70M | 36.21 | 5.21% | ― | 7.70% | -36.01% | |
52 Neutral | $9.73M | -551.70 | -5.54% | ― | -47.44% | -318.95% | |
51 Neutral | $33.24M | -18.33 | -15.63% | ― | -7.76% | -291.41% | |
46 Neutral | $25.27M | -6.67 | -21.18% | ― | 2.73% | 25.65% | |
45 Neutral | $37.56M | -3.27 | -11.47% | ― | ― | ― |
* Technology Sector Average
INLX
Intellinetics
7.43
-6.95
-48.33%
AWRE
Aware
1.17
-0.32
-21.48%
NTWK
Netsol Technologies
3.36
1.16
52.73%
PHUN
Phunware
1.86
-0.68
-26.77%
HKIT
Hitek Global
1.13
-59.37
-98.13%
Intellinetics Corporate Events
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
Intellinetics Secures New Credit Line, Names New CEO
Positive
Feb 17, 2026
On February 16, 2026, Intellinetics entered into a $1 million secured term loan line of credit with JPMorgan Chase that runs through December 31, 2026, providing additional liquidity for working capital, capital spending and general corporate need...
Business Operations and StrategyExecutive/Board Changes
Intellinetics Announces CEO Retirement and Leadership Transition
Neutral
Jan 27, 2026
Intellinetics announced that longtime Chief Executive Officer and President James F. DeSocio will retire and resign from his roles, including his board seat, effective February 27, 2026, with the company emphasizing that his departure is not due t...
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.