Intellinetics FY2024 revenue up 7% to $18.0M; net loss $546K vs prior year net income

INTELLINETICS, INC.

Full-year revenue $18.02M (+6.7% YoY); SaaS revenue $5.69M (+10.8%).
Net loss $546,215 ($0.13/sh) vs net income $519,266 ($0.11/sh); $1.06M share-based comp.
Adjusted EBITDA $2.38M vs $2.74M in 2023; Q4 net loss $53,701.
Debt reduced to <$1.4M after $1.625M prepayments; cash >$2.4M.
2025 guidance: revenue growth expected but EBITDA to decline >50% due to sales/marketing investments.

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