Intellinetics Grows 2024 Revenues 8.0% for Third Quarter of 2024
Intellinetics, Inc. (INLX)
NASDAQ:AMEX Investor Relations:
intellinetics.com/investor-relations
Company Research
Source: Business Wire
SaaS Revenue Increases 8.5% andProfessional Services Revenue Increases 11.5% with Strong Cash Flow COLUMBUS, Ohio--(BUSINESS WIRE)--Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider, announced financial results for the three and nine months ended September 30, 2024.2024 Third Quarter Financial HighlightsTotal Revenue increased 8.0% over the same period in 2023; the growth in the third quarter was fully organic.Software as a Service revenue increased 8.5% over the same period in 2023.“IPAS” (IntelliCloud Payables Automation System) continued its commercialization; live reference accounts increased by 50% in the quarter and they are running smoothly. An additional three are scheduled to go live in Q4 2024.Management believes IPAS will be the primary driver of our SAAS growth going forward.Professional services revenue increased 11.5% over the same period in 2023.Net loss was $392,850, or $(0.09) net loss per basic and fully diluted share, compared
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News
- Intellinetics Inc (INLX) Q3 2024 Earnings Call Highlights: Revenue Growth and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Intellinetics, Inc. (INLX) Reports Q3 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Intellinetics to Host Third Quarter 2024 Financial Results Conference Call on November 13Business Wire
- Intellinetics Expands Payables Automation Solutions Practice into K-12 Market Following Successful Pilot Program [Yahoo! Finance]Yahoo! Finance
- Intellinetics Expands Payables Automation Solutions Practice into K-12 Market Following Successful Pilot ProgramBusiness Wire
INLX
Sec Filings
- 12/9/24 - Form 4
- 11/13/24 - Form 8-K
- 11/13/24 - Form 10-Q
- INLX's page on the SEC website