earnings
confidence high
sentiment negative
materiality 0.65
Intellinetics Q2 net loss widens to $1.1M; SaaS revenue up 4.2% to $1.6M
INTELLINETICS, INC.
- Q2 revenue $3.9M, down 1.6% YoY; SaaS revenue $1.6M up 4.2%, professional services down 5.8%.
- Net loss $1.1M ($0.24/sh) vs $0.6M ($0.13/sh) prior year; adjusted EBITDA loss $371K vs +$27.6K.
- Six-month revenue $7.9M down 4.9%; net loss $2.3M ($0.51/sh) incl. $430K non-recurring CEO transition costs.
- Cash ~$1.7M at quarter end; management expects double-digit SaaS growth for fiscal 2026.