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Intellinetics - INLX STOCK NEWS

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.

Overview of Intellinetics

Intellinetics (INLX) is a Columbus, Ohio based technology company that specializes in transforming paper-bound business processes into streamlined digital workflows through its cloud-enabled document management platform, intellicloud. With a focus on digital transformation and workflow automation, Intellinetics offers robust, secure, and compliant solutions that address the operational inefficiencies of embedded work teams who traditionally rely on paper-based processes.

Core Business Segments

The company operates through two primary segments:

  • Document Management: This segment provides comprehensive solutions designed to capture, store, and manage all types of documents including scanned hard copies, digital files from office suites, multimedia files like images, audio, video, and email communications. These solutions are optimized to improve business-critical workflows and ensure rigorous compliance.
  • Document Conversion: Focused on transforming documents from one medium to another, this segment supports businesses in converting legacy paper documents into digital formats, thereby enhancing accessibility and operational efficiency.

Technology and Innovation

Intellinetics leverages cloud computing technology to deliver its solutions on-demand, ensuring that users have anytime, anywhere access from any device. The platform integrates advanced security protocols often compared to law enforcement grade standards, ensuring that sensitive data is protected. Additionally, through its partnership with Intel, the company has developed a unique channel program that facilitates the integration of their document management solutions into existing copier infrastructures, productivity software, and managed services. This "deploy once, use many" approach allows partners to quickly activate customers on the intellicloud platform and further integrate additional productivity enhancements, thus promoting comprehensive digital transformation within diverse business environments.

Market Position and Industry Relevance

Operating at the intersection of traditional document management and modern digital transformation, Intellinetics is strategically placed within a competitive landscape that includes several technology firms focusing on enterprise software solutions and document process automation. Its focus on providing secure, cloud-based solutions differentiates it in a market where the demand for reliable, scalable, and integrated document management systems is high. The company addresses the challenge of outdated paper processes by deploying innovative software solutions that enhance productivity and improve business continuity across multiple platforms.

Key Value Propositions

Some of the distinctive features of Intellinetics include:

  • Cloud-Enabled Solutions: The intellicloud platform offers a secure, flexible, and scalable environment for digital document management, ensuring uninterrupted access and enhanced operational agility.
  • Operational Efficiency: By digitizing paper-based workflows, the company helps organizations reduce manual handling, streamline processes, and increase overall productivity.
  • Comprehensive Security: With security protocols modeled on law enforcement grade standards, the solutions ensure that sensitive and critical information is safeguarded against unauthorized access.
  • Strategic Channel Integrations: The partnership with Intel and the corresponding channel program empower resellers to bundle document management solutions with their existing hardware and managed service offerings, thereby expanding the market reach and adding customer value.

Business Operations and Industry Impact

Intellinetics caters to a diverse customer base that includes both small-to-medium enterprises and governmental bodies. Its comprehensive suite of products assists these organizations in managing a wide array of documents, ensuring compatibility with various formats and adherence to rigorous compliance standards. The company’s approach is rooted in industry-specific expertise, combining traditional document management with the agility of modern cloud technologies. The ability to transition from paper to digital in a secure and seamless manner positions Intellinetics as a key player in the broader digital transformation landscape.

Competitive and Strategic Insights

In a market where competitors vie for similar digital transformation credentials, Intellinetics distinguishes itself through its robust platform architecture and innovative reseller channel programs. By integrating multiple productivity solutions into its offerings, the company creates a flexible ecosystem that thrives on adaptability and seamless customer activation. This positions the company favorably among both technology partners and end users, facilitating a comprehensive approach to document management that transcends mere digitization.

Conclusion

Overall, Intellinetics presents a sophisticated blend of cloud-based technology, secure document management, and document conversion solutions that address a critical need in modern business operations. Its strategic focus on integrating advanced security, compliance, and accessibility within its core offerings reflects deep industry expertise and a clear understanding of the challenges faced by organizations undergoing digital transformation. The balanced integration of technology with practical workflow enhancements underscores its roles as a significant enabler in the enterprise document management sector.

Rhea-AI Summary

Intellinetics (NYSE American: INLX) reported a 7.7% increase in total revenue for Q1 2024, reaching $4.5 million compared to $4.2 million in Q1 2023. This growth was driven by a 13.5% rise in SaaS revenue and a 7.9% increase in professional services revenue. However, the company experienced a net loss of $174,714, or $0.04 per share, largely due to a $397,901 charge related to restricted stock awards. Adjusted EBITDA rose by 6.9% to $673,362. Despite increased operating expenses, recurring revenue grew by 12.2%, now comprising 61% of total revenue. The company plans to focus on expanding its IPAS product and prepaying additional debt.

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Intellinetics, Inc. (NYSE American: INLX) will host a conference call to discuss its first quarter 2024 financial results on May 14, 2024, after the market close.

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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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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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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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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.
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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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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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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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FAQ

What is the current stock price of Intellinetics (INLX)?

The current stock price of Intellinetics (INLX) is $14.21 as of April 1, 2025.

What is the market cap of Intellinetics (INLX)?

The market cap of Intellinetics (INLX) is approximately 52.9M.

What is Intellinetics' core business?

Intellinetics focuses on cloud-enabled digital transformation, providing solutions for managing and converting documents to streamline business workflows.

How does Intellinetics generate revenue?

The company generates revenue through its licensing models for its document management platforms and partnerships with resellers who integrate its solutions into broader service offerings.

Who are the typical customers of Intellinetics?

Intellinetics serves both small-to-medium enterprises and governmental organizations that require secure and compliant solutions for managing diverse document workflows.

What is the significance of the intellicloud platform?

The intellicloud platform is central to Intellinetics' business, offering secure, anytime access to digital documents while facilitating the transformation of paper-based processes into efficient digital workflows.

How does Intellinetics ensure document security?

Their platform employs security measures comparable to law enforcement grade standards, ensuring robust protection of sensitive information and compliance with industry regulations.

What competitive advantages does Intellinetics offer?

Intellinetics differentiates itself through its comprehensive cloud-enabled solutions, a strategic reseller channel program, and the ability to integrate multiple productivity enhancements within a single ecosystem.

How does the company support digital transformation in organizations?

By converting traditional paper workflows into digital formats, Intellinetics improves operational efficiency, enhances accessibility, and supports compliance in fast-paced business environments.

What role do strategic partnerships play in Intellinetics' business model?

Strategic partnerships, such as those with Intel, enable the company to integrate its solutions with existing hardware and software infrastructures, amplifying its reach and reinforcing its market position.
Intellinetics

NYSE:INLX

INLX Rankings

INLX Stock Data

52.86M
2.63M
38.42%
4.36%
0.1%
Software - Application
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United States
COLUMBUS