Intellinetics Grows 2024 Revenues 9.0% for Second Quarter of 2024 [Yahoo! Finance]
Intellinetics, Inc. (INLX)
NASDAQ:AMEX Investor Relations:
intellinetics.com/investor-relations
Company Research
Source: Yahoo! Finance
COLUMBUS, Ohio, August 13, 2024 BUSINESS WIRE )--Intellinetics, Inc. ( NYSE American: INLX ), a digital transformation solutions provider, announced financial results for the three and six months ended June 30, 2024. 2024 Second Quarter Financial Highlights Total Revenue increased 9.0% over the same period in 2023; the growth in the second quarter was fully organic. Software as a Service revenue increased 9.6% over the same period in 2023. "IPAS" (IntelliCloud Payables Automation System) continued its commercialization; live reference accounts doubled to four in the quarter and they are running smoothly. An additional three are scheduled to go live in Q3 2024. Management believes IPAS will be the primary driver of the Company's SAAS growth going forward. Professional services revenue increased 15.8% over the same period in 2023. Net income was $75,050, or $0.02 net income per basic and fully diluted share, compared to net income of $135,734, or $0.03 per basic and fully
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Sec Filings
- 8/30/24 - Form 4
- 8/21/24 - Form 4
- 8/21/24 - Form 4
- INLX's page on the SEC website