---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-041022"
form_type: "8-K"
ticker: "INLX"
cik: "0001081745"
company_name: "INTELLINETICS, INC."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:09:30.391050+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Intellinetics Q3 2023 revenue up 10% to $4.25M; net income flat at $209k

## Summary
- Total revenue $4.25M (+10% YoY); SaaS revenue $1.29M (+6.8%); professional services $2.33M (+16.2%).
- Net income $209k ($0.05 diluted EPS) vs $218k ($0.05) in Q3 2022; YTD net income $458k vs loss $177k.
- Adjusted EBITDA $709k, down 12.7% from $811k; YTD adj. EBITDA $1.99M vs $1.74M (+14.2%).
- IPAS contracts signed for >$475k annualized SaaS revenue, expected operational by March 2024.
- Paid off $700k debt in Q3, bringing YTD debt/earnout payments to $1.7M; FY 2023 revenue and EBITDA growth guidance reiterated.

## SEC filing metadata
- accession: 0001493152-23-041022
- form_type: 8-K
- ticker: INLX
- cik: 0001081745
- company_name: INTELLINETICS, INC.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1081745/000149315223041022/0001493152-23-041022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1081745/000149315223041022/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-041022
- JSON: https://secwatch.observer/filing/0001493152-23-041022.json
- Plain text: https://secwatch.observer/filing/0001493152-23-041022.txt

## Key facts
- Earnings Releases
  INTELLINETICS, INC. reported the three months ended September 30, 2023 results: revenue $4,248,429, net income $209,331, EPS $0.05 per fully diluted share. Guidance reaffirmed.
  - Period: the three months ended September 30, 2023
  - Revenue: $4,248,429
  - Net income: $209,331
  - EPS: $0.05 per fully diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: 1,293,745 1,211,407 Software maintenance services 353,010 352,892 Professional services 2,333,090 2,007,613 Storage and retrieval services 259,162 269,325 Total revenues $ 4,248,429 $ 3,859,627 James F. DeSocio, President & CEO of Intellinetics, stated, “We delivered another quarter of double-digit revenue growth, bolstered by continued expansion of our SaaS
  evidence_url: https://www.sec.gov/Archives/edgar/data/1081745/000149315223041022/0001493152-23-041022-index.htm

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