Intellinetics Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Intellinetics has an operating margin of -1.0%, meaning the company retains $-1 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 6.6% the prior year.
Intellinetics's revenue grew 6.7% year-over-year to $18.0M, a solid pace of expansion. This earns a growth score of 48/100.
Intellinetics carries a low D/E ratio of 0.75, meaning only $0.75 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 83/100, indicating a strong balance sheet with room for future borrowing.
Intellinetics's current ratio of 0.83 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 13/100, which could limit financial flexibility.
Intellinetics converts 19.0% of revenue into free cash flow ($3.4M). This strong cash generation earns a score of 95/100.
Intellinetics passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Intellinetics generates $-7.06 in operating cash flow ($3.9M OCF vs -$546K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Intellinetics earns $-0.5 in operating income for every $1 of interest expense (-$174K vs $373K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Intellinetics (INLX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 27 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Intellinetics generated $18.0M in revenue in fiscal year 2024. This represents an increase of 6.7% from the prior year.
Intellinetics's EBITDA was $955K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 54.1% from the prior year.
Intellinetics generated $3.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 407.7% from the prior year.
Intellinetics reported -$546K in net income in fiscal year 2024. This represents a decrease of 205.2% from the prior year.
Intellinetics earned $-0.13 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 218.2% from the prior year.
Intellinetics held $2.5M in cash against $0 in long-term debt as of fiscal year 2024.
Intellinetics had 4M shares outstanding in fiscal year 2024. This represents an increase of 3.3% from the prior year.
Intellinetics's gross margin was 64.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.4 percentage points from the prior year.
Intellinetics's operating margin was -1.0% in fiscal year 2024, reflecting core business profitability. This is down 7.5 percentage points from the prior year.
Intellinetics's net profit margin was -3.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 6.1 percentage points from the prior year.
Intellinetics invested $439K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 294.8% from the prior year.
INLX Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.0M-0.2% | $4.0M-5.6% | $4.2M-0.8% | $4.3M-7.8% | $4.6M+3.0% | $4.5M+7.5% | $4.2M-1.3% | $4.2M |
| Cost of Revenue | $1.4M+11.6% | $1.3M-6.8% | $1.4M-1.8% | $1.4M-14.3% | $1.6M+1.9% | $1.6M+9.3% | $1.5M-10.5% | $1.6M |
| Gross Profit | $2.6M-5.8% | $2.7M-5.0% | $2.9M-0.2% | $2.9M-4.2% | $3.0M+3.6% | $2.9M+6.5% | $2.7M+4.5% | $2.6M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $2.0M-11.3% | $2.3M-6.6% | $2.4M+24.2% | $2.0M-3.3% | $2.0M-4.8% | $2.1M+16.8% | $1.8M+20.2% | $1.5M |
| Operating Income | -$379K+25.4% | -$508K+25.7% | -$685K-5198.4% | -$13K-107.5% | $172K+599.1% | -$34K-119.0% | $182K-47.5% | $346K |
| Interest Expense | -$9K-116.0% | $59K+37.5% | $43K+5.5% | $41K-58.0% | $97K-30.8% | $140K+17.0% | $120K-12.0% | $136K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$370K+34.9% | -$568K+22.0% | -$728K-1254.8% | -$54K-171.6% | $75K+143.0% | -$175K-383.5% | $62K-70.6% | $209K |
| EPS (Diluted) | $-0.08+38.5% | $-0.13+23.5% | $-0.17-750.0% | $-0.02-200.0% | $0.02+150.0% | $-0.04 | $0.00-100.0% | $0.05 |
INLX Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $18.0M+4.8% | $17.2M-4.5% | $18.0M-3.3% | $18.6M-1.5% | $18.9M-0.3% | $18.9M-0.6% | $19.0M-1.0% | $19.2M |
| Current Assets | $5.5M+19.5% | $4.6M-10.2% | $5.1M-6.4% | $5.5M+5.6% | $5.2M+3.1% | $5.0M+0.5% | $5.0M+2.9% | $4.9M |
| Cash & Equivalents | $3.2M+55.5% | $2.1M-3.1% | $2.1M-14.1% | $2.5M+48.1% | $1.7M+41.8% | $1.2M-2.5% | $1.2M-28.1% | $1.7M |
| Inventory | $110K-33.1% | $165K+53.4% | $107K+6.7% | $101K+7.1% | $94K+0.9% | $93K-15.6% | $110K+15.9% | $95K |
| Accounts Receivable | $951K+23.3% | $772K-44.4% | $1.4M+24.8% | $1.1M-23.3% | $1.4M-25.0% | $1.9M+4.4% | $1.9M+39.7% | $1.3M |
| Goodwill | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M0.0% | $5.8M |
| Total Liabilities | $6.6M+17.1% | $5.6M-26.4% | $7.6M-4.2% | $7.9M-6.7% | $8.5M-4.3% | $8.9M-4.1% | $9.3M-5.8% | $9.9M |
| Current Liabilities | $5.6M+19.2% | $4.7M-27.6% | $6.5M-2.1% | $6.6M+41.6% | $4.7M-3.9% | $4.9M+10.6% | $4.4M-8.7% | $4.8M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $11.4M-1.1% | $11.6M+11.6% | $10.4M-2.6% | $10.6M+2.8% | $10.3M+3.3% | $10.0M+2.8% | $9.8M+4.0% | $9.4M |
| Retained Earnings | -$23.3M-1.6% | -$22.9M-2.5% | -$22.4M-3.4% | -$21.6M-2.1% | -$21.2M+0.4% | -$21.3M-0.8% | -$21.1M+0.3% | -$21.2M |
INLX Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.4M+506.3% | $223K+302.0% | -$110K-181.0% | $136K-88.4% | $1.2M+92.3% | $612K+278.0% | -$344K-124.1% | $1.4M |
| Capital Expenditures | $71K-49.8% | $142K+17.0% | $121K+161.9% | $46K-74.6% | $182K+896.1% | $18K-32.8% | $27K+1966.6% | $1K |
| Free Cash Flow | $1.3M+1476.1% | $81K+135.1% | -$231K-357.2% | $90K-90.9% | $994K+67.5% | $593K+260.0% | -$371K-126.0% | $1.4M |
| Investing Cash Flow | -$206K+16.9% | -$248K-10.7% | -$224K-69.1% | -$132K+51.1% | -$271K-111.7% | -$128K-10.3% | -$116K+17.7% | -$141K |
| Financing Cash Flow | $5K+113.1% | -$42K-149.4% | -$17K-2.5% | -$16K+96.0% | -$410K+20.2% | -$514K-3521.2% | -$14K+98.1% | -$728K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
INLX Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 64.2%-3.8pp | 68.0%+0.4pp | 67.5%+0.3pp | 67.2%+2.5pp | 64.7%+0.4pp | 64.3%-0.6pp | 64.9%+3.6pp | 61.3% |
| Operating Margin | -9.5%+3.2pp | -12.7%+3.4pp | -16.1%-15.8pp | -0.3%-4.0pp | 3.7%+4.5pp | -0.8%-5.1pp | 4.3%-3.8pp | 8.1% |
| Net Margin | -9.2%+4.9pp | -14.1%+3.0pp | -17.1%-15.9pp | -1.3%-2.9pp | 1.6%+5.5pp | -3.9%-5.3pp | 1.5%-3.5pp | 4.9% |
| Return on Equity | N/A | N/A | N/A | N/A | 0.7% | N/A | 0.6%-1.6pp | 2.2% |
| Return on Assets | -2.1%+1.2pp | -3.3%+0.7pp | -4.0%-3.8pp | -0.3%-0.7pp | 0.4%+1.3pp | -0.9%-1.2pp | 0.3%-0.8pp | 1.1% |
| Current Ratio | 0.990.0 | 0.98+0.2 | 0.79-0.0 | 0.83-0.3 | 1.11+0.1 | 1.04-0.1 | 1.14+0.1 | 1.01 |
| Debt-to-Equity | 0.57+0.1 | 0.48-0.3 | 0.73-0.0 | 0.75-0.1 | 0.82-0.1 | 0.89-0.1 | 0.95-0.1 | 1.05 |
| FCF Margin | 32.0%+30.0pp | 2.0%+7.5pp | -5.5%-7.5pp | 2.1%-19.3pp | 21.4%+8.2pp | 13.2%+22.0pp | -8.8%-42.4pp | 33.6% |
Note: The current ratio is below 1.0 (0.83), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Intellinetics's annual revenue?
Intellinetics (INLX) reported $18.0M in total revenue for fiscal year 2024. This represents a 6.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Intellinetics's revenue growing?
Intellinetics (INLX) revenue grew by 6.7% year-over-year, from $16.9M to $18.0M in fiscal year 2024.
Is Intellinetics profitable?
No, Intellinetics (INLX) reported a net income of -$546K in fiscal year 2024, with a net profit margin of -3.0%.
What is Intellinetics's earnings per share (EPS)?
Intellinetics (INLX) reported diluted earnings per share of $-0.13 for fiscal year 2024. This represents a -218.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Intellinetics's EBITDA?
Intellinetics (INLX) had EBITDA of $955K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Intellinetics's gross margin?
Intellinetics (INLX) had a gross margin of 64.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Intellinetics's operating margin?
Intellinetics (INLX) had an operating margin of -1.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Intellinetics's net profit margin?
Intellinetics (INLX) had a net profit margin of -3.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Intellinetics's free cash flow?
Intellinetics (INLX) generated $3.4M in free cash flow during fiscal year 2024. This represents a 407.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Intellinetics's operating cash flow?
Intellinetics (INLX) generated $3.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Intellinetics's total assets?
Intellinetics (INLX) had $18.6M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Intellinetics's capital expenditures?
Intellinetics (INLX) invested $439K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Intellinetics have outstanding?
Intellinetics (INLX) had 4M shares outstanding as of fiscal year 2024.
What is Intellinetics's current ratio?
Intellinetics (INLX) had a current ratio of 0.83 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Intellinetics's debt-to-equity ratio?
Intellinetics (INLX) had a debt-to-equity ratio of 0.75 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Intellinetics's return on assets (ROA)?
Intellinetics (INLX) had a return on assets of -2.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Intellinetics's Piotroski F-Score?
Intellinetics (INLX) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Intellinetics's earnings high quality?
Intellinetics (INLX) has an earnings quality ratio of -7.06x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Intellinetics cover its interest payments?
Intellinetics (INLX) has an interest coverage ratio of -0.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Intellinetics?
Intellinetics (INLX) scores 48 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.