---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-011741"
form_type: "8-K"
ticker: "INLX"
cik: "0001081745"
company_name: "INTELLINETICS, INC."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T05:43:45.627866+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Intellinetics FY2023 revenue $16.9M (+20.5%), SaaS revenue $5.1M (+27.8%), net income $519K; plans $500K debt prepayment

## Summary
- Full-year revenue $16.9M (+20.5% YoY); SaaS revenue $5.1M (+27.8%).
- Net income $519K ($0.13 basic EPS) vs. $24K in 2022; Adjusted EBITDA $2.74M (+13.7%).
- Q4 net income $62K (-69% YoY) on revenue $4.19M (+3.8%).
- IPAS commercially launched with two customers; seven more signed; expects to double SaaS revenue over 4-5 years.
- Company plans $500K debt prepayment; aims to have no net debt by end of 2024.

## SEC filing metadata
- accession: 0001493152-24-011741
- form_type: 8-K
- ticker: INLX
- cik: 0001081745
- company_name: INTELLINETICS, INC.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1081745/000149315224011741/0001493152-24-011741-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1081745/000149315224011741/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-011741
- JSON: https://secwatch.observer/filing/0001493152-24-011741.json
- Plain text: https://secwatch.observer/filing/0001493152-24-011741.txt

## Key facts
- Earnings Releases
  INTELLINETICS, INC. reported fiscal year ended December 31, 2023 results: revenue $16,886,381, net income $519,266, EPS $0.13 per basic and $0.11 per fully diluted share. Guidance reaffirmed.
  - Period: fiscal year ended December 31, 2023
  - Revenue: $16,886,381
  - Net income: $519,266
  - EPS: $0.13 per basic and $0.11 per fully diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: 4,017,409 Software maintenance services 1,407,064 1,387,885 Professional services 9,167,428 7,357,937 Storage and retrieval services 1,078,414 1,094,613 Total revenues $ 16,886,381 $ 14,016,928 James F. DeSocio , President & CEO of Intellinetics, stated, “This was a milestone year for Intellinetics, as we expanded our base of recurring SaaS revenue, making
  evidence_url: https://www.sec.gov/Archives/edgar/data/1081745/000149315224011741/0001493152-24-011741-index.htm

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