Filing Flows › Intellinetics (INLX) › Q4 2024
Intellinetics (INLX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 24, 2025
Intellinetics (INLX) reported revenue of $4.3M for the fourth quarter 2024 (Q4 2024), +2% from a year earlier and -7% from the quarter before. Operating margin was -0.3%, net loss $54K (1.3% of revenue).
Intellinetics, Q4 2024: revenue $4.3M (+2% year over year), operating margin -0.3%, net loss $54K, operating cash flow $136K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.3M | -7% | +2% |
| Operating profit | −$13K | — | — |
| Net earnings | −$54K | — | — |
| Operating cash flow | $136K | -93% | — |
| Free cash flow | $90K | -95% | — |
What changed
Revenue was $4.3M in Q4 2024, up 2% year over year and down 7% from the previous quarter. Professional Services was the largest line at 52% of revenue.
Gross margin was 64.8%, down 0.2 points from a year earlier. Operating costs exceeded revenue by $13K, an operating margin of -0.3%. Operating expenses grew 10% against revenue growth of 2%. The fastest-growing cost line was Sales & marketing (+37%). The quarter ended with a net loss of $54K, narrower than the previous quarter's $393K loss. Net interest and other expense of $41K was the main reason.
Operating cash flow was $136K. Non-cash charges added back $302K of depreciation and amortization and $311K of share-based compensation. Working capital and other items used $424K. Capital expenditures of $46K left free cash flow of $90K.
Questions
What was Intellinetics' revenue in the fourth quarter 2024?
Intellinetics (INLX) reported revenue of $4.3M for the fourth quarter 2024 (Q4 2024), +2% from a year earlier and -7% from the quarter before.
Was Intellinetics profitable in the fourth quarter 2024?
Operating loss was $13K (-0.3% of revenue) and net loss $54K.
Source: Intellinetics 10-K on SEC EDGAR.