secwatch.observer — SEC 8-K summary
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Issuer:     INTELLINETICS, INC. (INLX)
CIK:        0001081745
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001493152-23-009072
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1081745/000149315223009072/0001493152-23-009072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1081745/000149315223009072/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-009072

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