NYSEAMERICAN : INLX
Intellinetics, Inc. — Financial statements
Technology · Software - Application · United States
Last price 4.16 USD (Oct 30, 2026, 10:36 AM EDT) · Market cap 18.70M
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Financial statements
Intellinetics, Inc. (INLX) reported revenue of 16.18M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 16.18M | 16.58M | 18.02M | 16.89M | 14.02M | 11.46M |
| Cost of Revenue | 5.68M | 5.63M | 6.65M | 6.32M | 5.11M | 4.52M |
| Gross Profit | 10.50M | 10.95M | 11.37M | 10.56M | 8.91M | 6.94M |
| Selling, General & Admin | 12.15M | 11.50M | 10.41M | 8.48M | 6.92M | 5.42M |
| Operating Expenses | 13.37M | 12.74M | 11.54M | 9.46M | 7.64M | 5.84M |
| Operating Income | -2.87M | -1.79M | -173.50K | 1.11M | 1.27M | 1.11M |
| Interest Expense | -5.74K | -84.33K | -372.71K | -618.00K | -803.29K | -452.12K |
| Interest & Investment Income | 32.15K | 29.80K | ||||
| EBT Excluding Unusual Items | -2.84M | -1.87M | -546.22K | 519.27K | 466.96K | 654.28K |
| Merger & Restructuring Charges | -355.28K | |||||
| Other Unusual Items | -87.65K | 703.67K | ||||
| Pretax Income | -2.84M | -1.87M | -546.22K | 519.27K | 24.03K | 1.36M |
| Net Income | -2.84M | -1.87M | -546.22K | 519.27K | 24.03K | 1.36M |
| Net Income to Common | -2.84M | -1.87M | -546.22K | 519.27K | 24.03K | 1.36M |
| Shares Outstanding (Basic) | 4.41M | 4.30M | 4.20M | 4.07M | 3.77M | 2.82M |
| Shares Outstanding (Diluted) | 4.41M | 4.30M | 4.20M | 4.65M | 4.30M | 3.10M |
| EPS (Basic) | -0.64 | -0.44 | -0.13 | 0.13 | 0.01 | 0.48 |
| EPS (Diluted) | -0.65 | -0.44 | -0.13 | 0.11 | 0.01 | 0.44 |
| Free Cash Flow | 467.94K | 579.49K | 3.42M | 673.42K | 1.79M | 837.79K |
| Free Cash Flow Per Share | 0.11 | 0.14 | 0.81 | 0.14 | 0.42 | 0.27 |
| Gross Margin | 64.89% | 66.05% | 63.09% | 62.56% | 63.56% | 60.58% |
| Operating Margin | -17.72% | -10.79% | -0.96% | 6.56% | 9.06% | 9.65% |
| Profit Margin | -17.56% | -11.29% | -3.03% | 3.08% | 0.17% | 11.85% |
| Free Cash Flow Margin | 2.89% | 3.49% | 18.98% | 3.99% | 12.75% | 7.31% |
| EBITDA | -1.58M | -470.19K | 1.03M | 2.12M | 2.00M | 1.52M |
| EBITDA Margin | -9.77% | -2.83% | 5.70% | 12.58% | 14.26% | 13.27% |
| D&A For EBITDA | 1.29M | 1.32M | 1.20M | 1.02M | 728.90K | 413.93K |
| EBIT | -2.87M | -1.79M | -173.50K | 1.11M | 1.27M | 1.11M |
| EBIT Margin | -17.72% | -10.79% | -0.96% | 6.56% | 9.06% | 9.65% |
| Revenue as Reported | 16.18M | 16.58M | 18.02M | 16.89M | 14.02M | 11.46M |
| Advertising Expenses | 95.08K | 70.24K | 26.40K | 25.83K | 10.24K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.71M | 2.53M | 2.49M | 1.22M | 2.70M | 1.75M |
| Cash & Short-Term Investments | 1.71M | 2.53M | 2.49M | 1.22M | 2.70M | 1.75M |
| Receivables | 1.46M | 2.15M | 2.41M | 3.31M | 1.80M | 1.70M |
| Inventory | 109.67K | 173.29K | 100.56K | 110.27K | 73.22K | 76.69K |
| Prepaid Expenses | 440.14K | 378.31K | 476.73K | 367.48K | 325.47K | 155.55K |
| Total Current Assets | 3.83M | 5.23M | 5.47M | 5.00M | 4.89M | 3.68M |
| Property, Plant & Equipment | 2.52M | 2.65M | 3.23M | 3.68M | 4.42M | 4.93M |
| Goodwill | 5.79M | 5.79M | 5.79M | 5.79M | 5.79M | 2.32M |
| Other Intangible Assets | 3.49M | 3.62M | 4.07M | 4.54M | 4.82M | 1.01M |
| Other Long-Term Assets | 14.78K | 14.78K | 14.78K | 14.79K | 14.78K | 14.78K |
| Total Assets | 15.64M | 17.31M | 18.57M | 19.03M | 19.94M | 11.96M |
| Accounts Payable | 292.83K | 284.68K | 310.62K | 194.45K | 370.30K | 181.52K |
| Accrued Expenses | 1.05M | 610.36K | 666.12K | 501.99K | 526.59K | 606.27K |
| Current Portion of Long-Term Debt | 1.30M | 936.97K | ||||
| Current Portion of Leases | 876.90K | 789.81K | 911.73K | 762.53K | 714.57K | 616.07K |
| Current Unearned Revenue | 2.91M | 3.37M | 3.41M | 2.93M | 2.75M | 1.19M |
| Other Current Liabilities | 700.00K | 958.82K | ||||
| Total Current Liabilities | 5.13M | 5.06M | 6.60M | 4.39M | 6.00M | 3.56M |
| Long-Term Debt | 2.77M | 2.61M | 1.75M | |||
| Long-Term Leases | 710.18K | 865.44K | 1.35M | 2.12M | 2.76M | 3.32M |
| Other Long-Term Liabilities | 671.86K | |||||
| Total Liabilities | 5.84M | 5.92M | 7.94M | 9.28M | 11.37M | 9.30M |
| Common Stock | 4.50K | 4.48K | 4.25K | 4.11K | 4.07K | 2.82K |
| Additional Paid-In Capital | 35.58M | 34.89M | 32.27M | 30.84M | 30.18M | 24.30M |
| Retained Earnings | -25.78M | -23.51M | -21.64M | -21.10M | -21.61M | -21.64M |
| Shareholders' Equity | 9.80M | 11.38M | 10.63M | 9.75M | 8.57M | 2.66M |
| Total Liabilities & Equity | 15.64M | 17.31M | 18.57M | 19.03M | 19.94M | 11.96M |
| Total Debt | 1.59M | 1.66M | 3.55M | 5.65M | 7.02M | 5.69M |
| Net Cash (Debt) | 126.55K | 873.03K | -1.07M | -4.44M | -4.33M | -3.93M |
| Net Cash Per Share | 0.03 | 0.20 | -0.25 | -0.95 | -1.01 | -1.27 |
| Filing Date Shares Outstanding | 4.49M | 4.47M | 4.26M | 4.11M | 4.07M | 2.83M |
| Total Common Shares Outstanding | 4.49M | 4.48M | 4.25M | 4.11M | 4.07M | 2.82M |
| Working Capital | -1.30M | 173.14K | -1.12M | 617.59K | -1.11M | 126.94K |
| Book Value Per Share | 2.18 | 2.54 | 2.50 | 2.37 | 2.10 | 0.94 |
| Tangible Book Value | 526.89K | 1.97M | 772.61K | -579.42K | -2.04M | -667.95K |
| Tangible Book Value Per Share | 0.12 | 0.44 | 0.18 | -0.14 | -0.50 | -0.24 |
| Machinery | 2.57M | 2.52M | 2.19M | 1.76M | 1.67M | 1.57M |
| Leasehold Improvements | 404.45K | 395.92K | 395.92K | 395.92K | 395.92K | 295.23K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -2.84M | -1.87M | -546.22K | 519.27K | 24.03K | 1.36M |
| Depreciation & Amortization | 1.29M | 1.32M | 1.20M | 1.02M | 728.90K | 1.05M |
| Other Amortization | 42.05K | 152.60K | 199.21K | 318.78K | 210.41K | |
| Loss (Gain) From Sale of Assets | 19.42K | 29.62K | 547.00 | 24.47K | ||
| Stock-Based Compensation | 1.24M | 1.29M | 1.50M | 662.65K | 421.45K | 149.75K |
| Provision & Write-off of Bad Debts | 61.78K | 81.09K | -9.12K | 77.21K | 42.13K | -11.19K |
| Other Operating Activities | 87.65K | -694.67K | ||||
| Change in Accounts Receivable | 340.11K | 177.56K | 772.30K | -1.53M | -70.40K | -293.75K |
| Change in Inventory | 54.89K | -72.73K | 9.71K | -37.05K | 3.47K | -5.91K |
| Change in Accounts Payable | 247.97K | -81.70K | 280.30K | -200.44K | 173.48K | 141.56K |
| Change in Unearned Revenue | 317.74K | -40.59K | 484.04K | 173.74K | 486.88K | 198.52K |
| Change in Other Net Operating Assets | -94.38K | 65.84K | 17.27K | -95.64K | -252.07K | -712.29K |
| Operating Cash Flow | 635.26K | 933.87K | 3.86M | 784.66K | 1.99M | 1.39M |
| Capital Expenditures | -167.32K | -354.38K | -439.20K | -111.24K | -200.98K | -552.18K |
| Cash Acquisitions | -6.38M | |||||
| Sale (Purchase) of Intangibles | -537.68K | -469.60K | -388.57K | -436.84K | -376.35K | -38.30K |
| Investing Cash Flow | -705.00K | -823.98K | -827.77K | -548.08K | -6.96M | -590.49K |
| Long-Term Debt Issued | 2.96M | |||||
| Long-Term Debt Repaid | -1.41M | -1.69M | -1.02M | -1.02M | ||
| Net Debt Issued (Repaid) | -72.69K | -1.41M | -1.69M | -1.02M | 1.94M | |
| Issuance of Common Stock | 80.15K | 1.80M | 5.74M | |||
| Repurchase of Common Stock | -238.40K | -283.40K | -69.53K | |||
| Other Financing Activities | -57.15K | -175.79K | -700.00K | -1.76M | -954.73K | |
| Financing Cash Flow | -288.09K | -70.85K | -1.76M | -1.72M | 5.92M | -954.73K |
| Net Cash Flow | -357.84K | 39.05K | 1.27M | -1.48M | 943.85K | -155.25K |
| Free Cash Flow | 467.94K | 579.49K | 3.42M | 673.42K | 1.79M | 837.79K |
| Free Cash Flow Margin | 2.89% | 3.49% | 18.98% | 3.99% | 12.75% | 7.31% |
| Free Cash Flow Per Share | 0.11 | 0.14 | 0.81 | 0.14 | 0.42 | 0.27 |
| Levered Free Cash Flow | 954.92K | 815.19K | 3.25M | -682.92K | 2.33M | 1.27M |
| Unlevered Free Cash Flow | 958.50K | 825.84K | 3.33M | -495.88K | 2.51M | 1.34M |
| Cash Interest Paid | 74.42K | 258.65K | 418.79K | 496.81K | 242.54K | |
| Cash Income Tax Paid | 37.20K | 28.03K | 20.26K | 21.67K | 12.89K | 4.59K |
| Change in Working Capital | 866.32K | 48.38K | 1.56M | -1.69M | 341.36K | -671.87K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 18.34M | 35.73M | 58.17M | 20.61M | 17.39M | 21.34M |
| Enterprise Value | 18.21M | 34.40M | 59.47M | 24.73M | 21.58M | 25.30M |
| Last Close Price | 4.04 | 7.98 | 13.75 | 5.06 | 4.27 | 7.56 |
| PE Ratio | 39.70 | 723.98 | 15.72 | |||
| Forward PE | 67.54 | 67.54 | 19.46 | 42.28 | 30.24 | |
| PS Ratio | 1.12 | 2.15 | 3.23 | 1.22 | 1.24 | 1.86 |
| PB Ratio | 1.85 | 3.14 | 5.47 | 2.11 | 2.03 | 8.02 |
| P/TBV Ratio | 34.47 | 18.09 | 75.30 | |||
| P/FCF Ratio | 38.81 | 61.66 | 17.02 | 30.61 | 9.73 | 25.48 |
| P/OCF Ratio | 28.59 | 38.26 | 15.08 | 26.27 | 8.75 | 15.36 |
| EV/Sales Ratio | 1.11 | 2.07 | 3.30 | 1.47 | 1.54 | 2.21 |
| EV/EBITDA Ratio | 57.94 | 11.64 | 10.80 | 16.64 | ||
| EV/EBIT Ratio | 22.33 | 16.99 | 22.87 | |||
| EV/FCF Ratio | 38.54 | 59.36 | 17.39 | 36.73 | 12.07 | 30.20 |
| Debt / Equity Ratio | 0.16 | 0.14 | 0.33 | 0.58 | 0.82 | 2.14 |
| Debt / EBITDA Ratio | 3.39 | 1.79 | 1.82 | 2.36 | 2.14 | |
| Debt / FCF Ratio | 3.39 | 2.86 | 1.04 | 8.39 | 3.93 | 6.79 |
| Net Debt / Equity Ratio | -0.01 | -0.08 | 0.10 | 0.46 | 0.51 | 1.48 |
| Net Debt / EBITDA Ratio | 0.08 | 1.86 | 1.04 | 2.09 | 2.16 | 2.59 |
| Net Debt / FCF Ratio | -0.27 | -1.51 | 0.31 | 6.59 | 2.42 | 4.70 |
| Asset Turnover | 0.99 | 0.92 | 0.96 | 0.87 | 0.88 | 1.03 |
| Inventory Turnover | 41.43 | 41.12 | 63.08 | 68.91 | 68.14 | 57.74 |
| Quick Ratio | 0.62 | 0.93 | 0.74 | 1.03 | 0.75 | 0.97 |
| Current Ratio | 0.75 | 1.03 | 0.83 | 1.14 | 0.81 | 1.04 |
| Return on Equity (ROE) | -26.60% | -17.01% | -5.36% | 5.67% | 0.43% | 71.18% |
| Return on Assets (ROA) | -10.93% | -6.23% | -0.58% | 3.55% | 4.98% | 6.20% |
| Return on Capital Employed (ROCE) | -27.30% | -14.60% | -1.40% | 7.60% | 9.10% | 13.20% |
| Earnings Yield | -15.81% | -5.24% | -0.94% | 2.52% | 0.14% | 6.36% |
| FCF Yield | 2.58% | 1.62% | 5.88% | 3.27% | 10.28% | 3.92% |
| Buyback Yield / Dilution | -4.40% | -2.37% | 9.69% | -8.29% | -38.36% | -29.00% |