earnings
confidence high
sentiment positive
materiality 0.70
Intellinetics Q2 revenue up 17% to $3.42M; net loss $374K on acquisition costs
INTELLINETICS, INC.
2022-Q2 EPS reported
-$0.11
revenue$6,119,155
- Total revenue $3.42M (+17% YoY); SaaS revenue surged 208% YoY, led by Yellow Folder acquisition.
- Net loss $374K vs net income $192K in Q2 2021; included $285K transaction costs and $52K earnout change.
- Adjusted EBITDA rose 15% to $502K; tenth consecutive quarter of positive Adj. EBITDA.
- Yellow Folder contributed ~$197K net income in Q2; cross-selling and integration underway.
- YTD total contract value sold $4.4M (76% of FY21); 241 new contracts, 63 new logos.