INLXNYSEServices-Prepackaged SoftwareUS GAAP · USD

Intellinetics, Inc

Intellinetics, Inc. develops and sells software and related services for document management, workflow automation, and digital records processing. The company appears to serve organizations that need to capture, store, route, and secure business documents, with a mix of software licensing, cloud delivery, and implementation/support services.

Kysy yhtiöstä
Liikevaihto16,6milj. USD
−8,0 %v/v
Liikevoitto (EBIT)−1,8milj. USD
−930,8 %v/v
EBIT-marginaali−10,8%
−9,8 %-yks.v/v
Nettotulos−1,9milj. USD
−242,9 %v/v
Vapaa kassavirta0,6milj. USD
−83,1 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−505101520milj. USD2020: 8,3 milj. USD2020: EBIT −2,0 milj. USD20202021: 11 milj. USD2021: EBIT 0,96 milj. USD20212022: 14 milj. USD2022: EBIT 0,83 milj. USD20222023: 17 milj. USD2023: EBIT 1,1 milj. USD20232024: 18 milj. USD2024: EBIT −0,17 milj. USD20242025: 17 milj. USD2025: EBIT −1,8 milj. USD202517−1,8
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Intellinetics, Inc

Liiketoiminta

Osuus liikevaihdosta
Software subscriptions and licenses55 %

Core software used to capture, manage, and route documents and records.

Cloud and hosted services20 %

Recurring hosted delivery of document and content management capabilities.

Professional services15 %

Implementation, configuration, and integration work for customer deployments.

Support and maintenance10 %

Ongoing technical support, updates, and customer success services.

Tuotteet

Raportoitu · osuus liikevaihdosta
49,1%38,2%FY2025100 %
  • Professional Services49,1 %
  • Software As A Service38,2 %
  • Software Maintenance Services7,7 %
  • Storage and Retrieval Services5,0 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Intellinetics sells to organizations that need to digitize paper-heavy processes and improve control over business records. Buyers are typically operations, IT, and compliance teams in public sector and commercial environments where document handling, auditability, and workflow efficiency matter.

Public sector and government

Agencies and municipalities buy document and records systems to improve retention, access, and process control.

Commercial enterprises

Businesses buy workflow and content management tools to reduce manual document handling and improve efficiency.

Compliance-driven organizations

Customers in regulated or audit-sensitive environments buy the software to support governance and traceability.

IT and systems integrators

These buyers influence or implement deployments because the software must fit existing infrastructure.

Strategia

The company’s strategy appears centered on expanding recurring software and cloud revenue while supporting deployments with implementation and maintenance services. The recent at-the-market offering agreement suggests a focus on financing flexibility, while the Michigan procurement notice points to continued emphasis on public-sector contract wins.

Increase recurring revenue mixKeskipitkä aikaväli

Recurring software and cloud revenue improves visibility and reduces reliance on one-time projects.

Expand public-sector penetrationKeskipitkä aikaväli

Government and agency customers can provide sticky, compliance-driven demand and reference value.

Preserve liquidity and capital accessLyhyt aikaväli

Small software vendors often need external capital to fund growth, working capital, and product investment.

Maantiede

The available filing excerpts do not disclose a country or regional revenue split, so the business profile should be treated as geography-agnostic from the disclosed data. As a U.S.-based company, Intellinetics likely sells primarily into the domestic market, with exposure tied to customer concentration and public-sector procurement cycles rather than manufacturing footprint.

Riskit

Intellinetics faces typical small-cap software risks: customer concentration, long sales cycles, and dependence on successful implementation and renewals. The company also appears exposed to public-sector procurement timing and capital-market access, which can create uneven revenue recognition and financing dilution risk.

Järjestetty vakavuuden mukaan
Customer concentrationKorkea

A small number of contracts or customers can materially affect revenue and cash flow if delayed or lost.

Kohdistuu: Likely meaningful for a smaller software vendor

Public-sector procurement dependenceKeskitaso

Government buying cycles are often slow and budget-driven, which can shift revenue between quarters.

Kohdistuu: State and local government contracts

Capital dilutionKeskitaso

The at-the-market offering indicates reliance on equity markets, which can dilute existing shareholders.

Kohdistuu: Equity financing

Implementation and service executionKeskitaso

Software deployments require configuration and support; poor execution can increase costs and churn.

Kohdistuu: Professional services and support

Kysy Clarifolta: Intellinetics, Inc

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition for bundled contracts

Software, cloud, and implementation services may have different performance obligations and timing.

Vaikutus: Can shift revenue between quarters and affect gross margin

Deferred revenue

Upfront billings for subscriptions and support are recognized over time.

Vaikutus: Affects revenue timing and operating cash flow interpretation

Capitalized software development costs

Development spending may be capitalized rather than expensed immediately if criteria are met.

Vaikutus: Changes reported operating expense and asset balances

Goodwill and intangible asset impairment

Acquired assets must be tested if performance weakens or market conditions change.

Vaikutus: Potential non-cash charges to earnings

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Päivitetty: 24.9.2026