---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-009072"
form_type: "8-K"
ticker: "INLX"
cik: "0001081745"
company_name: "INTELLINETICS, INC."
filed_at: "2023-03-27T23:59:59+00:00"
generated_at: "2026-06-17T14:19:49.364979+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Intellinetics reports 2022 revenue up 22%, SaaS revenue up 179% to $4.0M

## Summary
- Full-year total revenue $14.02M (up 22% YoY); SaaS revenue $4.02M (179% YoY).
- Q4 net income $200.8K (+664% YoY); FY net income $24K vs $1.36M in 2021 (included PPP loan forgiveness).
- Adjusted EBITDA for 2022 rose 41% to $2.4M from $1.7M in 2021.
- Acquisition of Yellow Folder closed April 1, 2022, adding $8.7M in equity/debt financing.
- Company expects continued revenue and Adjusted EBITDA growth in 2023.

## SEC filing metadata
- accession: 0001493152-23-009072
- form_type: 8-K
- ticker: INLX
- cik: 0001081745
- company_name: INTELLINETICS, INC.
- filed_at: 2023-03-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1081745/000149315223009072/0001493152-23-009072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1081745/000149315223009072/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-009072
- JSON: https://secwatch.observer/filing/0001493152-23-009072.json
- Plain text: https://secwatch.observer/filing/0001493152-23-009072.txt

## Key facts
- Earnings Releases
  INTELLINETICS, INC. reported the three months ended December 31, 2022 results: revenue $4,038,146, net income $200,784, EPS Basic and diluted net income per share for the three months ended December 31, 2022 was $0.05 and $0.04, respectively.. Guidance initiated.
  - Period: the three months ended December 31, 2022
  - Revenue: $4,038,146
  - Net income: $200,784
  - EPS: Basic and diluted net income per share for the three months ended December 31, 2022 was $0.05 and $0.04, respectively.
  - Guidance: initiated
  - Result: reported results
  source text: Revenues for the three months ended December 31, 2022 were $4,038,146 as compared with $2,744,038 for the same period in 2021. The increase was largely driven by our acquisition of Yellow Folder in April 2022 combined with organic growth. In addition to our acquisition growth, our SaaS and software maintenance revenues continued to grow. Intellinetics reported net income of $200,784 and $26,295 for the three months ended December 31, 2022 and 2021, respectively, representing an improvement of $174,489. The improvement in results was further enhanced by favorable comparison in earnout fair value operating expenses. Basic and diluted net income per share for the three months ended December 31, 2022 was $0.05 and $0.04, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1081745/000149315223009072/0001493152-23-009072-index.htm
- Earnings Releases
  INTELLINETICS, INC. reported the twelve months ended December 31, 2022 results: revenue $14,016,928, net income $24,027, EPS $0.01 per basic and diluted share. Guidance initiated.
  - Period: the twelve months ended December 31, 2022
  - Revenue: $14,016,928
  - Net income: $24,027
  - EPS: $0.01 per basic and diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Revenues for the 12 months ended December 31, 2022 were $14,016,928 as compared with $11,460,265 for the same period in 2021. The increase was largely driven by the acquisition of Yellow Folder in April 2022 combined with organic growth. We reported net income of $24,027, or $0.01 per basic and diluted share, for the 12 months ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1081745/000149315223009072/0001493152-23-009072-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.