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Intellinetics, Inc. - 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.

Intellinetics, Inc. is a Columbus, Ohio based company that offers a cloud-enabled document management platform called IntelliCloud. This platform is designed for embedded work teams looking to transition from paper-based processes to digital workflows. With a focus on law enforcement-grade security, compliance tools, and universal access, IntelliCloud is ideal for enterprises of all sizes. The company has also partnered with Intel to create the IntelliCloud channel program, facilitating easy integration for resellers.

Intellinetics, Inc. provides document services and solutions to small-to-medium businesses and government entities. Their offerings include Document Management and Document Conversion services, enabling clients to capture, manage, and convert documents across various formats and platforms.

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Intellinetics, Inc. (NYSE American: INLX) is participating in the Michigan School Business Officials Annual Conference from April 25-27, 2023 in Grand Rapids, MI. The company will showcase its K-12 cybersecurity solutions, focusing on improving FERPA/HIPAA compliance and managing FOIA requests. Attendees can visit booth #340 to learn about YellowFolder, a cloud-based records management system designed for K-12 schools. Intellinetics emphasizes its commitment to enhancing cybersecurity in education amidst rising cyber threats. CEO James F. DeSocio expressed excitement about building stronger relationships with Michigan's school districts.

Intellinetics is dedicated to digital transformation and offers comprehensive document management solutions tailored for education and other regulated sectors. For more details, visit www.intellinetics.com.

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Intellinetics, Inc. (NYSE American: INLX) announced its participation in the Taglich Brothers 19th Annual Investment Conference on May 1-2, 2023, in New York City. James F. DeSocio (President & CEO) and Joe Spain (CFO) will present on May 1 at 11:30 a.m. ET. Shareholders and potential investors can listen to the presentation via a live audio webcast, available at this link. Intellinetics is a provider of digital transformation solutions, focusing on content management through its IntelliCloud™ platform, which enhances document management for regulated industries like healthcare and government. For more details on the conference, visit Taglich Brothers.

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Intellinetics, Inc. (NYSE American: INLX) announced that the Moss Point School District in Mississippi has implemented its YellowFolder solution to combat ransomware threats and enhance compliance with FERPA and HIPAA regulations. YellowFolder is a cloud-based records management system tailored for K-12 schools to securely manage student and administrative records. The increasing number of ransomware attacks on K-12 institutions has raised concerns, leading to significant recovery costs and operational disruptions. District officials highlighted the importance of having a trustworthy partner like Intellinetics to mitigate these risks while ensuring compliance. James F. DeSocio, President & CEO of Intellinetics, noted that their K-12 division aims to expand its presence in the sector by providing effective solutions to address cybersecurity concerns.

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Intellinetics, Inc. (NYSE American: INLX) reported significant financial growth for Q4 and the full year 2022. Total revenue surged by 47% year-over-year in Q4, reaching $4.04 million, with SaaS revenue skyrocketing 212%, now making up 30% of total revenue. For 2022, total revenue increased by 22% to $14.02 million, with SaaS revenue growing 179%. Despite a net income decrease to $24,027 from $1.4 million in 2021, adjusted EBITDA rose 41% to $2.4 million. The successful acquisition of Yellow Folder in April 2022 was pivotal, doubling SaaS revenue and expanding the customer base significantly. Looking ahead, management anticipates continued revenue growth in 2023.

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Intellinetics, Inc. (NYSE American: INLX) announced it will report its financial results for Q4 and full year 2022 on March 27, 2023, after market close. The management team will host a live webcast at 4:30 p.m. ET to discuss these results, accessible via the company's website. Investors can also join by calling the provided numbers. A replay will be available through April 10, 2023, using the specified access code. Intellinetics specializes in digital transformation solutions, including its IntelliCloud platform aimed at regulated industries.

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Intellinetics, Inc. (NYSE American: INLX) has introduced the IntelliCloud™ Payables Automation System (IPAS) at the 2023 NAHB International Builders' Show in Las Vegas, demonstrating its capabilities in automating the invoice-to-pay-to-reconciliation process. The company partnered with Constellation HomeBuilder Systems to integrate IPAS with their ERP software, aimed at reducing costs and enhancing compliance for builders. The solution utilizes advanced AI and machine learning technologies to streamline AP processes, promoting efficiency in construction operations. Intellinetics continues to expand its market reach by embedding its technology with leading ERP platforms.

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FAQ

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

The current stock price of Intellinetics (INLX) is $13.98 as of November 1, 2024.

What is the market cap of Intellinetics (INLX)?

The market cap of Intellinetics (INLX) is approximately 59.2M.

What is IntelliCloud?

IntelliCloud is a cloud-enabled document management platform provided by Intellinetics, Inc. It is designed for embedded work teams transitioning from paper-based processes to digital workflows.

Who does Intellinetics, Inc. serve?

Intellinetics, Inc. serves small-to-medium businesses and government entities with their document services and solutions, offering Document Management and Conversion services.

What is the IntelliCloud channel program?

The IntelliCloud channel program is a partnership between Intellinetics, Inc. and Intel that enables resellers to easily integrate IntelliCloud into their existing copiers, software, and managed services.

What are the key features of IntelliCloud?

IntelliCloud offers law enforcement-grade security, compliance tools, and universal access, making it suitable for enterprises of all sizes.

How does Intellinetics, Inc. facilitate digital transformation?

Intellinetics, Inc. helps clients capture, manage, and convert documents with their Document Management and Conversion services, aiding in the transition to digital workflows.

What sets Intellinetics, Inc. apart in the document management industry?

Intellinetics, Inc. stands out for its focus on security, compliance, and universal access in their IntelliCloud platform, as well as their partnerships with Intel.

What solutions does Intellinetics, Inc. offer for document conversion?

Intellinetics, Inc. provides Document Conversion services as part of their overall document strategy, allowing clients to convert documents from one medium to another.

How does the IntelliCloud channel program benefit partners?

The IntelliCloud channel program offers partners the opportunity to leverage a 'deploy once, use many' approach, enabling them to add additional productivity solutions and increase revenue.

What industries does Intellinetics, Inc. cater to?

Intellinetics, Inc. serves a wide range of industries, including small-to-medium businesses, government sectors, and enterprises of all sizes.

What is the core focus of Intellinetics, Inc.?

Intellinetics, Inc. specializes in providing document services and solutions, with a focus on digital transformation, document management, and document conversion.

Intellinetics, Inc.

NYSE:INLX

INLX Rankings

INLX Stock Data

59.19M
4.23M
38.42%
4.14%
0.34%
Software - Application
Services-prepackaged Software
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United States of America
COLUMBUS