secwatch.observer — SEC 8-K summary
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Issuer:     INTELLINETICS, INC. (INLX)
CIK:        0001081745
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001493152-23-017333
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intellinetics Q1 revenue up 55% YoY to $4.19M; net income positive, SaaS revenue doubles
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- Total revenue $4,186,833, up 55% from $2,703,512 in Q1 2022.
- SaaS revenue $1,238,432, up 187% from $431,221; now 30% of total revenue (16% in prior year).
- Net income $112,563 ($0.03 diluted EPS) vs net loss of $20,126 ($0.01 loss) a year ago.
- Adjusted EBITDA $629,879, up 48% from $424,492 in Q1 2022.
- Outlook: expects continued year-over-year revenue and Adjusted EBITDA growth in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1081745/000149315223017333/0001493152-23-017333-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1081745/000149315223017333/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-017333

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