Intellinetics, Inc. ( (INLX) ) has released its Q3 earnings. Here is a breakdown of the information Intellinetics, Inc. presented to its investors.
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Intellinetics, Inc., headquartered in Columbus, Ohio, is a digital transformation solutions provider specializing in document and data management for highly regulated industries such as healthcare, education, and government sectors. The company offers a range of services, including the IntelliCloud content management platform, business process outsourcing, and document scanning services.
In its latest earnings report for the third quarter of 2025, Intellinetics reported a decrease in total revenue by 12.8% compared to the same period in 2024, primarily due to a significant drop in professional services revenue. However, the company saw a 14.6% increase in Software as a Service (SaaS) revenue, driven by the ongoing commercialization of its IntelliCloud Payables Automation solution.
Key financial metrics revealed a net loss of $369,765 for the quarter, slightly improved from the previous year’s net loss of $392,850. Despite the overall revenue decline, the company managed to increase its gross profit margin percentage by 4.45% due to a favorable mix shift. Adjusted EBITDA also saw a decline, attributed to increased spending on infrastructure and SaaS growth initiatives.
Looking forward, Intellinetics remains optimistic about its SaaS revenue growth, particularly in the K-12 education and homebuilder markets, which are showing signs of recovery. The company anticipates continued growth in SaaS revenues into 2026, despite expecting overall 2025 revenues to be lower than those in 2024 due to earlier weaknesses in professional services.
Intellinetics’ management is focused on expanding its market presence and enhancing its service offerings, with strategic investments aimed at driving long-term growth and profitability. The company is preparing for increased demand and is optimistic about achieving significant market penetration in its target sectors.