Intellinetics reports record SaaS revenue, net income of $1.36M for FY2021, vs loss in 2020

INTELLINETICS, INC.

Total revenue $11.46M (+39% YoY); SaaS revenue up 37% YoY.
Net income $1.36M (EPS $0.01) vs net loss of $2.20M in 2020.
Adjusted EBITDA $1.67M, up $867K from $803K in 2020.
Operating cash flow positive $1.39M; integrations of Graphic Sciences and CEO Imaging substantially complete.
K-12 footprint expanded to over 250 school districts; new warehouse increases storage capacity >120%.

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