Want to see INLX full AI Analyst Report?
Intellinetics (INLX) AI Stock Analysis
Intellinetics
(NYSE MKT:INLX)
The score is primarily constrained by deteriorating revenue, profitability, and cash flow, with additional pressure from weak technical momentum and a negative P/E. A debt-free balance sheet, solid margins, improved quarterly adjusted EBITDA, and expected SaaS growth provide meaningful but insufficient offsets.
Intellinetics (INLX) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $18.45M
- Dividend Yield
- ―
- Average Volume (3M)
- 15.71K
- Price to Earnings (P/E)
- -6.4
- Beta (1Y)
- -0.20
- Revenue Growth
- -5.53%
- EPS Growth
- -56.77%
- Country
- US
- Employees
- 135
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Application
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 Ma...
How the Company Makes Money
Intellinetics makes money primarily by selling and supporting document management–related technology and services. Key revenue streams include: (1) Software revenue from licensing or subscribing to its document/content management and workflow-related...
Intellinetics Earnings Call Summary
The call presented a mixed picture: encouraging SaaS revenue growth, improved Q2 adjusted EBITDA, strengthened pipeline and operational improvements point to potential for better recurring revenue and execution. However, near-term headwinds remain significant — total revenue and professional services declined, gross margins were pressured by mix shifts, operating expenses and G&A rose (including one-time transition costs), and six-month adjusted EBITDA and net loss worsened. Management emphasized execution in H2 and expects double-digit SaaS growth, but the combination of current revenue declines and higher costs leaves the outlook balanced between progress on the software transition and near-term financial challenges.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management reiterated unchanged guidance and currently expects double‑digit year‑over‑year SaaS growth for fiscal 2026, with a focus in H2 on converting software bookings into recurring revenue, strengthening commercial execution (clearer product positioning, sales discipline and partner motions), sharpening product and technology priorities, and driving operating leverage to reduce variability and improve profitability over a 2–4 year horizon. For context, Q2 SaaS was $1.6M (up 4.2% YoY; $3.2M for the first six months, up 2.2%), total Q2 revenue was $3.9M (down 1.6% YoY), professional services was $1.8M (down 5.8%, 45% of revenue), consolidated gross margin was 66.4% (down 162 bps), Q2 operating expenses were $3.7M (up 14.7%), Q2 adjusted EBITDA was $331k (vs. $28k prior year), six‑month adjusted EBITDA was a loss of $659k (vs. +$104k), six‑month revenue was $7.9M (down 4.9%), cash was $1.7M, net AR $700k, deferred revenue $2.9M, and the company reported no debt.
Intellinetics Financial Statement Overview
Summary
Strong gross margins and substantially reduced debt support the balance sheet, but sharply lower revenue, widening losses, and weakening operating and free cash flow materially reduce the financial performance score.
Income Statement
35NegativeBalance Sheet
63PositiveCash Flow
40Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.18M | 16.58M | 18.02M | 16.89M | 14.02M | 11.46M |
| Gross Profit | 10.15M | 10.95M | 11.52M | 9.59M | 8.19M | 6.94M |
| EBITDA | -1.57M | -470.19K | 1.03M | 2.12M | 1.56M | 2.86M |
| Net Income | -2.84M | -1.87M | -546.22K | 519.27K | 24.03K | 1.36M |
Balance Sheet | ||||||
| Total Assets | 15.64M | 17.31M | 18.57M | 19.03M | 19.94M | 11.96M |
| Cash, Cash Equivalents and Short-Term Investments | 1.71M | 2.53M | 2.49M | 1.22M | 2.70M | 1.75M |
| Total Debt | 1.59M | 1.66M | 3.55M | 5.65M | 7.02M | 5.69M |
| Total Liabilities | 5.84M | 5.92M | 7.94M | 9.28M | 11.37M | 9.30M |
| Stockholders Equity | 9.80M | 11.38M | 10.63M | 9.75M | 8.57M | 2.66M |
Cash Flow | ||||||
| Free Cash Flow | -69.74K | 579.49K | 3.03M | 236.58K | 1.41M | 799.48K |
| Operating Cash Flow | 635.26K | 933.87K | 3.86M | 784.66K | 1.99M | 1.39M |
| Investing Cash Flow | -705.00K | -823.98K | -827.77K | -548.08K | -6.96M | -590.49K |
| Financing Cash Flow | -288.09K | -70.85K | -1.76M | -1.72M | 5.92M | -954.73K |
Intellinetics Technical Analysis
Price Trends
Market Momentum
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 4.02 is below the 20-day moving average (MA) of 4.48, below the 50-day MA of 4.95, and below the 200-day MA of 6.32, indicating a bearish trend. The MACD of -0.29 indicates Positive momentum. The RSI at 35.61 is Neutral, neither overbought nor oversold. The STOCH value of 9.99 is Positive, 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.
Latest Risks Added
0 New RisksIntellinetics Peers Comparison
Overall Rating
NTWK70Outperform
PHUN46Neutral- INLX44Neutral
AWRE44Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| NTWK | 70Outperform | $84.50M | 28.02 | 7.84% | ― | 12.53% | -0.08% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| PHUN | 46Neutral | $36.60M | -2.75 | -13.83% | ― | 14.63% | 11.10% |
| INLX | 44Neutral | $18.52M | -6.41 | -26.38% | ― | -5.53% | -56.77% |
| AWRE | 44Neutral | $19.91M | -2.63 | -36.87% | ― | -9.81% | -45.08% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| INLX | Intellinetics, Inc. | 4.02 | -5.03 | -55.58% | |
| AWRE | Aware Inc. | 0.96 | -1.51 | -61.13% | |
| NTWK | Netsol | 6.47 | 2.36 | 57.42% | |
| PHUN | Phunware | 1.73 | -0.55 | -24.12% |
Intellinetics Corporate Events
Intellinetics Announces CEO Matthew Chretien’s Upcoming Retirement
NeutralOn August 26, 2026, Intellinetics, Inc. announced that Chief Executive Officer Matthew Chretien notified the company of his retirement and resignation from his roles as Secretary and Chief Strategy Officer, effective September 1, 2026. The company ex...
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.
Date of analysis: Oct 17, 2026