secwatch.observer — SEC 8-K summary
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Issuer:     INNODATA INC (INOD)
CIK:        0000903651
Form:       8-K
Filed at:   2022-03-18T23:59:59+00:00
Accession:  0001104659-22-035352
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innodata Q4 revenue up 26% YoY to $19.3M; net loss $1.2M; targets 30% growth in 2022
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- Q4 revenue $19.3M (+26% YoY); FY2021 revenue $69.8M (+20% YoY).
- Q4 net loss $1.2M ($0.04/sh) vs net income $1.2M in prior year; FY net loss $1.7M ($0.06/sh) vs net income $0.6M.
- Cash $18.9M, no debt; targets 30% revenue growth in 2022 and $200M revenue with ~30% EBITDA margins by 2025.
- Sales & marketing budget increased to $27.5M in 2022 from $14.5M in 2021; expects cash flow positive by end of 2022.
- New wins include a top social media platform, Fortune 50 semiconductor maker, Google Build & Services Partner for 5G/Edge AI.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903651/000110465922035352/0001104659-22-035352-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903651/000110465922035352/tm227267d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-035352

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer