secwatch.observer — SEC 8-K summary
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Issuer:     INTELLINETICS, INC. (INLX)
CIK:        0001081745
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001493152-22-032101
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intellinetics Q3 revenue +22% to $3.9M; SaaS revenue +244%; Adj. EBITDA +48% to $799K
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- Total revenue $3.9M, up 22% YoY; SaaS revenue surged 244% from acquisition and organic growth.
- Net income $217,536 ($0.05/share) vs $296,437 ($0.10/share) in prior year; higher interest expense impacted.
- Adjusted EBITDA rose 48% to $799,359 (21% of revenue); nine-month Adj. EBITDA $1.7M, exceeding full FY21.
- Yellow Folder acquisition completed April 1, 2022, doubled K-12 customers; $8.7M in equity/debt financing.
- Nine-month revenue $10.0M (+14%); net loss $176,757 due to transaction costs ($355K) and higher interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1081745/000149315222032101/0001493152-22-032101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1081745/000149315222032101/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-032101

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