Earnings Call Summary | Intellinetics(INLX.US) Q2 2024 Earnings Conference
Earnings Call Summary | Intellinetics(INLX.US) Q2 2024 Earnings Conference
Consolidated gross The following is a summary of the Intellinetics, Inc. (INLX) Q2 2024 Earnings Call Transcript:
以下是Intellinetics公司(INLX)2024年Q2业绩会议电话交易摘要:
Financial Performance:
金融业绩：
Q2 2024 total revenue increased to $4.6 million, up 9% year-over-year.
Subscription-based SaaS revenue grew by 9.6%, while software maintenance services revenue grew slower at 1.4%.
Consolidated gross margin improved to 64.7%, attributed to favorable revenue mix and price increases.
Net income was $75,000 with an earnings per share of $0.02, down from $136,000 and $0.03 EPS the previous year.
Adjusted EBITDA was $698,000, compared to $651,000 in the same period last year.
2024年Q2总收入增长至460万美元，同比增长9%。
基于订阅的saas-云计算收入增长了9.6%，而软件维护服务收入增长缓慢，仅有1.4%。
由于优惠收入组合和价格上涨，综合毛利率提高至64.7%。
净利润为75,000美元，每股收益为0.02美元，低于去年的136,000美元净利润和0.03美元每股收益。
调整后的EBITDA为698,000美元，而去年同期为651,000美元。
Business Progress:
业务进展：
Intellinetics continues to expand its SaaS offerings, notably the IntelliCloud Payables Automation System (IPAS) and the YellowFolder solutions, with positive market reception and accelerating deployments.
The company is aggressively expanding their sales and marketing efforts to support these offerings, planning to add more sales personnel and increase trade show activity.
The K-12 market is being targeted with new pilot programs for IPAS to tap into additional service opportunities within 619 K-12 districts.
Document conversion services recorded a record revenue quarter, supporting the overall positive financial performance.
Intellinetics公司继续扩展其saas-云计算解决方案，特别是IntelliCloud应付款自动化系统(IPAS)和YellowFolder解决方案，市场反响积极，部署加速。
该公司正在积极扩大其销售和市场营销活动，以支持这些解决方案，计划新增更多销售人员并增加交易展会的活动。
新的IPAS试点项目在61.9万个12个学区中针对K-12市场，以挖掘更多服务机会。
文档转换服务录得创纪录的收入季度，支持了整体的积极财务表现。
Opportunities:
机会：
Plans to make recurring revenue the majority of total revenue, leveraging contracted SaaS growth to reduce earnings volatility and enhance shareholder value.
计划使循环收入成为总收入的大部分，利用合同订阅saas-云计算增长来减少收益波动并提高股东价值。
Risks:
风险：
Short-term EBITDA might be impacted modestly due to increased investments in sales and marketing for SaaS offerings, although these are expected to be accretive by 2025.
Potential future reduction in revenue from the largest professional services customer due to planned relocations, with ongoing negotiations to mitigate impact not yet finalized.
由于增加了saas-云计算提供的销售和市场营销投资，短期EBITDA可能会受到影响，但预计到2025年将会优化。
最大的专业服务客户未来可能会减少收入，因为计划搬迁，正在进行谈判以减轻影响。
More details: Intellinetics IR
更多详情请参阅Intellinetics IR。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息，请参阅IR网站。本文只是为投资者提供参考，没有任何指导或推荐建议。