Welcome to our dedicated page for Intellinetics news (Ticker: $INLX), a resource for investors and traders seeking the latest updates and insights on Intellinetics stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Intellinetics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Intellinetics's position in the market.
Rhea-AI Summary
Intellinetics, Inc. (INLX) reported a 20.5% increase in total revenue for the full year 2023, with Software as a Service revenue growing by 27.8%. The company made a $500,000 debt prepayment and ended the year with less than $1.8 million in debt. Adjusted EBITDA increased by 13.7% to $2,744,649. The company reiterated expectations of revenue and EBITDA growth for 2024, driven by the IPAS offering.
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End-of-Day
-27.86%
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Rhea-AI Summary
Intellinetics, Inc. (NYSE American: INLX) will announce its Q4 and full-year 2023 financial results on March 28, 2024. The management will discuss the results in a live webcast at 4:30 p.m. ET. Interested parties can access the webcast through the Intellinetics website or by dialing in. A replay will be available until April 11, 2024.
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Rhea-AI Sentiment
End-of-Day
-1.91%
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Rhea-AI Summary
Intellinetics, Inc. (NYSE American: INLX) is showcasing its IntelliCloud™ content management platform and document scanning services at the Ohio Association of County Boards (OACB) 40th Annual Convention. The company's solutions are designed to improve service level delivery while decreasing costs and risks for Ohio's county boards of developmental disabilities. The event aims to bring fresh perspectives and innovative solutions to boost productivity, embrace new technologies, and harness the power of AI.
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2.48%
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Intellinetics, Inc. (NYSE American: INLX) announced financial results for the three and nine months ended September 30, 2023, revealing a 10.0% increase in total revenue, a 6.8% rise in Software as a Service revenue, and a 16.2% growth in professional services revenue. The company's net income was $209,331, and Adjusted EBITDA decreased 12.7% to $708,749. The recently announced IPAS product has generated signed contracts yielding over $475,000 in annualized SaaS recurring revenue, expected to be operational by March 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.05%
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INLX - Intellinetics, Inc. Showcases IntelliCloud™ Payables Automation System for NEWSTAR at Build Smarter 2023 Conference, leveraging artificial intelligence and integration capabilities to revolutionize accounts payable management in the building industry.
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End-of-Day
-1.19%
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INLX Intellinetics, Inc. to Report Q3 2023 Financial Results on November 14, 2023. Live Webcast and Dial-in Details Available
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Intellinetics, Inc. has appointed Michael N. Taglich, an experienced investor and director, to its Board of Directors. Mr. Taglich brings over two decades of experience serving on the boards of small-cap companies and is the President of Taglich Brothers, Inc. The company's CEO, James F. DeSocio, believes that Mr. Taglich's strategic thinking and extensive network will add significant value to Intellinetics as it continues to grow. Mr. Taglich, as a shareholder, is impressed with the company's growth and value creation, particularly in transitioning to a SaaS revenue model. He sees further growth opportunities for Intellinetics and is excited to join the board.
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0.24%
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Intellinetics, Inc. announces two recent sales of its IntelliCloud Payables Automation System, generating $150,000 in annual SaaS revenue. The system utilizes AI and machine learning to streamline accounts payable processes, providing cost reductions, service improvements, compliance, and real-time data insights.
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-0.73%
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News
Rhea-AI Summary
Intellinetics announces strategic partnership with CyberCoach to enhance cybersecurity awareness
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-1.5%
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Intellinetics to showcase library-focused solutions at Michigan Library Association Annual Conference.
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Intellinetics, Inc.
NYSE:INLX
INLX Rankings
INLX Stock Data
29.61M
2.22M
34.29%
0.74%
0.39%
Data Processing, Hosting, and Related Services
Information
United States of America
COLUMBUS
About INLX
intellinetics, inc. ( www.intellinetics.com ) is a columbus, ohio based, provider of a cloud-enabled document management platform - intellicloud. intellicloud is optimized for embedded work teams who are stuck with paper in business-critical processes within enterprises of any size, moving them into digital workflows while providing law enforcement grade security, compliance tools and anytime, anywhere, any device access. intellinetics partnered with intel to create its intellicloud channel program that makes it easy for resellers to add intellicloud to the copiers, productivity software and managed services they already provide. intellicloud enables partners to leverage a “deploy once, use many” innovation where intellicloud customer activation creates endless possibilities to add other productivity solutions that deliver more customer value and increase revenue to partner.