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Intellinetics Inc

Intellinetics Inc (INLX)

7.34
-0.12
(-1.61%)
Closed April 27 4:00PM
7.34
0.00
(0.00%)
After Hours: 6:30PM

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Key stats and details

Current Price
7.34
Bid
-
Ask
-
Volume
1,320
7.25 Day's Range 7.35
2.92 52 Week Range 10.99
Market Cap
Previous Close
7.46
Open
7.35
Last Trade
100
@
7.34
Last Trade Time
Financial Volume
$ 9,689
VWAP
7.34
Average Volume (3m)
23,887
Shares Outstanding
4,073,757
Dividend Yield
-
PE Ratio
57.61
Earnings Per Share (EPS)
0.13
Revenue
16.89M
Net Profit
519k

About Intellinetics Inc

Intellinetics Inc is a document service and solutions software company serving both the small-to-medium business and governmental sectors. The company's Document Management segment consists primarily of solutions involving our software platform, which allows customers to capture and manage all docum... Intellinetics Inc is a document service and solutions software company serving both the small-to-medium business and governmental sectors. The company's Document Management segment consists primarily of solutions involving our software platform, which allows customers to capture and manage all documents across operations such as scanned hard-copy documents and all digital documents including those from Microsoft Office 365, digital images, audio, video, and emails. The company's Document Conversion offerings aid clients as a part of their overall document strategy to convert documents from one medium to another. It generates most of its revenue from Document Conversion. Show more

Sector
Prepackaged Software
Industry
Blank Checks
Headquarters
Carson City, Nevada, USA
Founded
2012
Intellinetics Inc is listed in the Prepackaged Software sector of the American Stock Exchange with ticker INLX. The last closing price for Intellinetics was $7.46. Over the last year, Intellinetics shares have traded in a share price range of $ 2.92 to $ 10.99.

Intellinetics currently has 4,073,757 shares outstanding. The market capitalization of Intellinetics is $29.90 million. Intellinetics has a price to earnings ratio (PE ratio) of 57.61.

INLX Latest News

Intellinetics Grows 2023 Full-Year Revenues 21%

Full-Year SaaS Revenue Grows 28%; Initial IPAS Revenue Expanding SaaS Opportunity; Company to make $500,000 debt prepayment Intellinetics, Inc. (NYSE American: INLX), a digital transformation...

Intellinetics to Host Fourth Quarter and Full Year 2023 Financial Results Conference Call on March 28

Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider, today announced that it will report its financial results for the fourth quarter and full year 2023 ended...

Intellinetics to Participate at the Ohio Association of County Boards 40th Annual Convention

Enabling I/DD providers to digitally transform mission-critical documents and processes. Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider, is proud to...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.111.52143845097.237.926.7571447.41347724CS
4-1.48-16.78004535158.828.825.8649161486.76370814CS
122.1140.344168265.2310.995.23238877.8121874CS
262.8463.11111111114.510.993.76146337.12243533CS
523.3182.13399503724.0310.992.9297686.3378665CS
156-3.92-34.813499111911.2612.32.92137865.44367604CS
260-3.92-34.813499111911.2612.32.92137865.44367604CS

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INLX Discussion

View Posts
Monksdream Monksdream 1 month ago
INLX new 52 week hi
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stock1ace1 stock1ace1 1 year ago
$4.61 breakout watch tiny float
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tw0122 tw0122 2 years ago
Nice one perhaps very low float.
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Renee Renee 2 years ago
INLX moved to the NYSE AMEX from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions
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VALUEINVESTOR1 VALUEINVESTOR1 2 years ago
Uplist plays are hot and running...
Since uptrend has begun (3 days ago) INLX (4M O/S 2.9M FLOAT) is 100% up on less than 80k shares!!
Now imagine what might happen tomorrow (as they uplisting to NYSE) If we will have few M in vol...
https://t.co/ULYHAAvEXo…
This undiscovered unpumped gem have only few tweets and can't be found on StockTwits. No groups are involved and it is not frontloaded..
Upon few M Vol. INLX can pull a sick 13000% move like ATXG and beyond that??
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Renee Renee 4 years ago
INLX one for 50 reverse split. ***PPS closed at .08

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
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Spicknspan Spicknspan 7 years ago
This bounce has been sweet. Already did two trades
👍️0
Masala Masala 7 years ago
Watching closely what a nice ride up.
👍️0
MinkWhale MinkWhale 7 years ago
What a fucking turd
👍️0
Spicknspan Spicknspan 7 years ago
Maybe a bounce in another day
👍️0
cjmeyer cjmeyer 7 years ago
Now the DUMP is on.Wolfy thanks all for allowing him to double his money
👍️0
midtownmurphy midtownmurphy 7 years ago
Hope you made some quick $$$!!!
👍️0
Awl416 Awl416 7 years ago
Wow
👍️0
X-ray07 X-ray07 7 years ago
I sold it bud,
👍️0
midtownmurphy midtownmurphy 7 years ago
The Wolf is back!!! .92 bid with 220k volume in 15 minutes. LOL
👍️0
midtownmurphy midtownmurphy 7 years ago
Now this is a good one. Not like some others we know...
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X-ray07 X-ray07 7 years ago
34k Bid at 0.90 :)
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DoctorWhoo DoctorWhoo 7 years ago
Lol! It'd be great if it kept going but I'm guessing that within a 1/2 hour of open it will be in the 40's. Looking good right now though.
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zzking617 zzking617 7 years ago
Stock just got a huge pump
👍️0
SANDRA11 SANDRA11 7 years ago
The pump is on. Let it rip.
👍️0
ofspring ofspring 8 years ago
Yeah it looks like they are heading the right direction...

Intellinetics, Inc. Reports Second Quarter Results
Revenue and Channel Growth Accelerating

August 17, 2015 08:30 AM Eastern Daylight Time
COLUMBUS, Ohio--(BUSINESS WIRE)--Intellinetics, Inc. (OTCQB: INLX), an Enterprise Content Management (ECM) software company focused on cloud-based document solutions for the Small to Medium Business (SMB) market, announced financial results for the second quarter ended June 30, 2015.

“Adjusted EBITDA loss for the second quarter was $149,358, compared with a loss of $310,312 in the second quarter last year, a 52% improvement. For the six month period the adjusted EBITDA improvement was 60%.”
Tweet this
First Quarter Key Metrics Trending Positively

Revenue increased 80%
Adjusted EBITDA improving
3rd consecutive quarter of revenue growth
Summary - Second Quarter Results

Revenues for the three months ended June 30, 2015 were $587,170, as compared with $326,352 for the same period in 2014, an increase of $260,818, or 80%, primarily attributable to increases in revenues from the sale of software, software as a service and professional services. Overall gross margins were 79% and 79% for the three months ended June 30, 2015 and 2014, respectively. Revenues for the six months ended June 30, 2015 were $1,170,945, as compared with $625,535, an increase of $545,410, or 87%. Overall gross margins were 80% and 79% for the six months ended June 30, 2015 and 2014, respectively.

Intellinetics reported a net loss of $642,742 and $372,714 for the three months ended June 30, 2015 and 2014, respectively, representing an increase in net loss of $270,028, or 72%. For the six months ended June 30, 2015 and 2014, Intellinetics reported a net loss of $851,599 and $776,536, respectively, an increase of $75,063. The total increase in loss was non-cash and was attributable to the $395,000 in the fair value of stock options vested and the increase in interest expense of $88,000 from increased debt for the six months ended June 30, 2015.

Matthew L. Chretien, President and CEO of Intellinetics, stated, “We saw the expected increase in net-new sales from our existing channel. We continue to profile and recruit the largest, best-performing office solution providers who focus on small to medium businesses (SMB’s) to add to our network. In this regard, while we increased sales within existing partners in Q2, we also closed two new channel partners adding 77 new sales people and 18,300 active customers to our growing channel. Partner sales training, enablement, and automation are additional focus areas we are targeting to increase revenue contributions per partner.”

Murray Gross, Chairman of the Board, stated, “Adjusted EBITDA loss for the second quarter was $149,358, compared with a loss of $310,312 in the second quarter last year, a 52% improvement. For the six month period the adjusted EBITDA improvement was 60%.

IntelliCloud™ – Powered by the Intel® NUC

The Intellinetics’ IntelliCloud Program provides turnkey document workflow solutions for SMB’s through a growing network of partners who target the mid-market. Partners simply attach IntelliCloud to the software, hardware, and/or services they already sell to existing customers and deliver more value to the customer and create new / recurring revenue streams for themselves…and us, all without the sales or technical complexity of other less effective options in the market.

Non-GAAP Financial Measure

Intellinetics uses non-GAAP Adjusted EBITDA as supplemental measures of our performance that are not required by, or presented in accordance with, accounting principles generally accepted in the United States (“GAAP”).

A non-GAAP financial measure is a numerical measure of a company's financial performance that excludes or includes amounts so as to be different from the most directly comparable measure calculated and presented in accordance with GAAP in the statement of income, balance sheet or statement of cash flows of a company. Adjusted EBITDA is not a measurement of financial performance under GAAP and should not be considered as an alternative to net income, operating income, or any other performance measure derived in accordance with GAAP, or as an alternative to cash flow from operating activities or a measure of our liquidity. Intellinetics urges investors to review the reconciliation of non-GAAP Adjusted EBITDA to the comparable GAAP Net Loss, which is included in this press release, and not to rely on any single financial measure to evaluate Intellinetics’ financial performance.

We believe that Adjusted EBITDA is a useful performance measure and is used by us to facilitate a comparison of our operating performance on a consistent basis from period-to-period and to provide for a more complete understanding of factors and trends affecting our business than measures under GAAP can provide alone. We define “Adjusted EBITDA” as earnings before interest expense, income taxes, depreciation and amortization expense, and other non-cash expenses such as amortization of beneficial conversion option and stock option compensation expense.


Reconciliation of Net Loss to Adjusted EBITDA:
For the Three Months Ended June 30, For the Six Months Ended June 30,
2015 2014 2015 2014
Net Loss - GAAP $ (642,742 ) $ (372,714 ) $ (851,599 ) $ (776,536 )
Interest expense, net * 95,711 55,592 191,611 103,596
Depreciation & Amortization 2,673 6,810 6,051 13,740
Stock option compensation 395,000 - 395,000 -
Adjusted EBITDA $ (149,358 ) $ (310,312 ) $ (258,937 ) $ (659,200 )

* Interest expense includes amortization of beneficial conversion option and deferred financing costs

About Intellinetics, Inc.

Intellinetics, Inc. is a Columbus, Ohio-based ECM software company. Intellinetics partnered with Intel to create the IntelliCloud Channel Program that makes it easy to add turnkey document workflow solutions to the copiers, productivity software and services they already provide. IntelliCloud provides dealers a “deploy once, use many” innovation where one IntelliCloud customer sale/activation creates endless possibilities to add other software applications that deliver more value and increase revenue. For additional information, please visit: http://www.intel.com/intellicloud or www.intellinetics.com.

Cautionary Statement

Statements in this press release which are not purely historical, including statements regarding Intellinetics’ intentions, beliefs, expectations, representations, projections, plans or strategies regarding the future are forward-looking statements. The forward-looking statements involve risks and uncertainties including, but not limited to, the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company’s cash flow or adequacy of capital resources, market acceptance risks, technical development risks, and other risk factors. The company cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Intellinetics disclaims any obligation and does not undertake to update or revise any forward-looking statements in this press release. Expanded and historical information is made available to the public by Intellinetics and its Affiliates on its website or at www.intellinetics.com or at www.sec.gov.


INTELLINETICS, INC.
Condensed Consolidated Statements of Operations
(Unaudited)

For the Three Months Ended
June 30,

For the Six Months Ended
June 30,
2015 2014 2015 2014

Revenues:
Sale of software $ 147,723 $ 4,496 $ 337,760 $ 12,496
Software as a service 60,966 41,028 117,505 80,470
Software maintenance services 231,939 212,000 460,610 422,522
Professional services 92,782 47,350 175,020 76,774
Third Party services 53,760 21,478 80,050 33,273

Total revenues 587,170 326,352 1,170,945 625,535

Cost of revenues:
Sale of software 19,704 1,260 67,226 7,704
Software as a service 11,764 6,941 22,674 13,870
Software maintenance services 31,451 31,076 62,459 62,823
Professional services 23,593 10,627 44,111 20,338
Third Party services 35,933 18,631 39,512 27,228

Total cost of revenues 122,445 68,535 235,982 131,963

Gross profit 464,725 257,817 934,963 493,572

Operating expenses:
General and administrative 791,404 443,077 1,157,245 911,547
Sales and marketing 217,679 125,052 431,655 241,225
Depreciation 2,673 6,810 6,051 13,740

Total operating expenses 1,011,756 574,939 1,594,951 1,166,512

Loss from operations (547,031 ) (317,122 ) (659,988 ) (672,940 )

Other income (expense)
Derivative gain - - -
Interest expense, net (95,711 ) (55,592 ) (191,611 ) (103,596 )

Total other income (expense) (95,711 ) (55,592 ) (191,611 ) (103,596 )

Net loss $ (642,742 ) $ (372,714 ) $ (851,599 ) $ (776,536 )

Basic and diluted net loss per share: $ (0.09 ) $ (0.06 ) $ (0.12 ) $ (0.11 )

Weighted average number of common shares outstanding - basic and diluted
7,123,024 6,765,930 7,123,024 6,765,930

Contacts
Intellinetics, Inc.
Matthew L. Chretien, 614-921-8170
President and CEO
matt@intellinetics.com

http://www.businesswire.com/news/home/20150817005187/en/Intellinetics-Reports-Quarter-Results
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Entangled Proton Entangled Proton 8 years ago
No.. My investment in the company isn't stock related. Mike is Matt's father. WE go way back. Mike retired last year. I retired a couple months ago. I have no doubt Matt will do good.
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Entangled Proton Entangled Proton 8 years ago
I made the picture at the top and removed some old promo stuff. I can't even read that bottom cause of the color scheme. It's old.

If there's something you need help with, just ask. If it can be done in an Ibox, I can do it.
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ofspring ofspring 8 years ago
Have you been keeping up on the filings? ??? Looks like revs have almost doubled since last year. ..
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ofspring ofspring 8 years ago
Sure ok watcha know not much tech person just know basics...
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Entangled Proton Entangled Proton 8 years ago
I did some work on it a year ago but didn't want to attract any penny stock scammers.
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ofspring ofspring 8 years ago
No problem saw on titn board will do some work on this and see if I want to get a starter...
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Entangled Proton Entangled Proton 8 years ago
Thanks ofspring. It's nice to see they are doing well. This company became a second generation company about a year ago. I spent many hours working with the founder back in the 80's. I should put a visit on my "to do" list. It's only a 10-15 min drive.
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ofspring ofspring 8 years ago
Intellinetics, Inc. Enters Into a Three-Year IntelliCloud™ Sales Agreement With Titan Machinery, Inc.

Print

Alert

Titan Machinery Inc. (MM) (NASDAQ:TITN)
Intraday Stock Chart

Today : Wednesday 4 November 2015

Intellinetics, Inc. (OTCQB: INLX), a leading-edge technology company focused on implementation and management of IntelliCloud™, its proprietary cloud-based Enterprise Content Management (ECM) platform, today announced that it had entered into a three-year sales agreement with Titan Machinery, Inc. (NASDAQ: TITN). Titan will initially use IntelliCloud to automate and securely archive documents that drive sales and accounts receivable processes.

IntelliCloud is Intellinetics’ cloud-based platform that lets users easily capture documents, connect them to business-critical processes making them easy to find, secure and compliant.

Nathan Johnson, IT Director for Titan, said, “Titan Machinery searched the market for the right team to provide cloud-based content management to enable strategic transformations within our business and service operations. Intellinetics, together with proven local partner Laser Systems, was the clear choice for us. Intellinetics provides mission-critical solutions experience, a robust and scalable cloud-based platform and excellent resources to help meet our goals. We couldn’t ask for more.”

Matthew L. Chretien, CEO of Intellinetics, said, “As we move our document management business further into a cloud-based format, it is more than encouraging to receive this validating order from Titan, a multibillion-dollar company. Titan had its choice of products and systems and put us through rigorous trials and tests before entering into this agreement with us.”

IntelliCloud™ – Powered by the Intel® NUC

The Intellinetics’ IntelliCloud Program provides turnkey document workflow solutions through a growing network of partners who target the mid-market. Partners simply attach IntelliCloud to the software, hardware, and/or services they already sell to existing customers and deliver more value to the customer and create new / recurring revenue streams for themselves…and us, all without the sales or technical complexity of other less effective options in the market. See Intel.com/IntelliCloud for additional Program information.

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Entangled Proton Entangled Proton 9 years ago
8K
Item 1.01. Entry into a Material Definitive Agreement.

On February 10, 2015, Intellinetics, Inc., a Nevada corporation (the “Company”), issued two convertible promissory notes in the amounts of $50,000, each (the “Convertible Notes”), to two accredited investors (the “Note Investors”). The Convertible Notes mature on December 31, 2015 (the “Maturity Date”) and bear interest at an annual rate of interest of 6 percent until maturity, with interest payable quarterly. The Note Investors have a right, in their sole discretion, to convert the Convertible Notes into shares of Common Stock, par value $0.001 per share, of the Company under certain circumstances at a conversion rate of $0.30 per Share. If the Convertible Notes have not been fully repaid by the Company by the Maturity Date or converted into shares at the election of the Convertible Note Investors prior to the Maturity Date, then such Convertible Notes will accrue interest at the annual rate of 12% from the Maturity Date until the date the Convertible Notes are repaid in full. Any interest not paid quarterly will also accrue interest at the annual rate of 12%. The Company intends to use the proceeds of the Convertible Note for working capital, general corporate purposes, and debt repayment. The form of the Convertible Notes are incorporated as Exhibit 10.1 to this Report, and the summary description of the terms of the Convertible Notes contained herein is qualified in its entirety by reference to Exhibit 10.1.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On February 10, 2015, the Company issued the Convertible Notes, in the aggregate principal amount of $100,000, as described in Item 1.01 of this Report, which description is incorporated herein by reference.
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Entangled Proton Entangled Proton 9 years ago
Should be getting close to update time.
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Entangled Proton Entangled Proton 9 years ago
2190 Dividend Drive
Columbus, Ohio 43228
http://www.intellinetics.com/
Phone: 614-921-8170
info@intellinetics.com
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Entangled Proton Entangled Proton 9 years ago
Intellinetics flagship platform, IntelliCloud, defines a new industry benchmark by combining advanced virtualization & automated content management with a service-oriented architecture using Web services.
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Entangled Proton Entangled Proton 9 years ago
With cloud-based computing software and a strategic partnership with Intel™, Intellinetics is poised to capture a significant market share of the underserved and compliance-heavy Tier 3 and Tier 4 markets (small to mid-size business).
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Entangled Proton Entangled Proton 9 years ago
Intellinetics combined management boasts 150+ years of Enterprise Content Management (ECM) industry experience. Leveraging management and key department heads, Intellinetics has a strong foundation from which to capture significant market share within the lucrative $6 billion industry.
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Renee Renee 10 years ago
GlobalWise Investments Inc. changed to Intellinetics Inc. and a one for 7 reverse split:

http://www.otcbb.com/asp/dailylist_detail.asp?d=09/02/2014&mkt_ctg=OTCBB
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DaReal DaReal 10 years ago
INLX Name change on NVSOS to: INTELLINETICS, INC.

New Webpage can be found here: http://www.intellinetics.com/
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MartyTrades MartyTrades 10 years ago
Hmmmmm
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Renee Renee 10 years ago
GWIV changed to INLX:

http://www.otcbb.com/asp/dailylist_detail.asp?d=07/31/2014&mkt_ctg=OTCBB
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NYC Trader NYC Trader 10 years ago
$POIL The company believes that The Lacadena Project will be the primary source of organic growth for Pacific Oil moving forward. All 9600 acres of the project are prime energy rich land located within the Western Canadian Sedimentary Basin. Geological data indicates that multiple viable drilling targets are present and Pacific Oil will look to add light sweet crude production to the 27 natural gas wells that exist on site.
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Juschilln Juschilln 10 years ago
I think you may be the only one here.
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QualityStocks QualityStocks 10 years ago
GWIV Set to Capture Significant Share of Underserved ECM Market

GlobalWise Investments by way of its wholly owned subsidiary Intellinetics, Inc., is a leading-edge technology company focused on the rapidly growing Enterprise Content Management (ECM) industry, which Gartner predicts will exceed $5.1 billion by 2013 with a compound annual growth rate of 9.5%.

With sound management and key department heads leveraging more than 60 combined years in ECM leadership and industry experience, Intellinetics has a strong foundation from which to capture the broader, lucrative $149 billion Business Software & Services industry.

While major market players in the ECM space focus on large markets, GlobalWise is set to capture a significant market share of the underserved and compliance-heavy small to mid-size business market. With open cloud-based computing software, GlobalWise is positioned to grow with the EMC industry as it strategizes to become the dominant ECM service provider in these markets.

Intellinetics’ flagship platform, Intellivue, defines a new industry benchmark and game-changing approach by combining advanced virtualization & automated content management with an open and service-oriented architecture using Web services. Leading hardware vendors such as Lexmark, Samsung, CVS/pharmacy, DELL and others are leveraging the Intellinetics model by directly integrating their hardware into the Intellivue™ cloud platform.

GlobalWise Investments goal is to help organizations implement solutions based on their unique needs. The company takes a team approach to study those needs, apply what they learn and deliver superior products, service and support. The result is a solution that lowers costs, improves efficiencies and empowers people to think and work ‘outside of the box.’

The GobalWise Investments Engagement Methodology is called Excellence In Motion (EIM). EIM follows best practices, including methodologies and standards set forth by the Project Management Institute designed to minimize risk, decrease costs and ensure project outcomes meet each client organization’s objectives. Communications planning, team-building, knowledge transfer and quality assurance are the precepts of any solution, with a focus on measured, client-defined success criteria.

For more information on the company, visit www.globalwiseinvestments.com
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QualityStocks QualityStocks 10 years ago
GWIV Targeting Unmet Needs of Small-to-Medium Enterprises with Cutting-Edge ECM Solutions

Many organizations are overwhelmed by today’s digital demands. Today’s information explosion has given rise to new standards for organization-wide efficiency and effectiveness, and many stakeholders are still acclimating themselves to the changes in technology and their applications.

With as much as 85% of their critical content trapped as unstructured data, organizations need to regain control over their workflow to avoid redundancy, security, and compliance issues. Through its wholly owned subsidiary Intellinetics, technology company GlobalWise Investments offers cutting-edge enterprise content management solutions (ECM solutions) that fill this gap. GlobalWise Investments’ content management software, deployed via the cloud or at a client’s premises, enables documents to flow freely when and where they need to. Organizations then become much more able to manage their data and documents, with the increased operational efficiency and convenience given by the ECM software. The software enjoys strong applicability– it can be customized to fit a client’s specific needs, making it valuable to organizations across a comprehensive range of sectors.

Intellivue™, the company’s flagship platform, offers substantial savings to any size organization in virtually any industry. The platform offers organizations immediate, secure access to all of their corporate information, at the desktop or via the Web. Clients are also bolstered by the expertise and savvy of GlobalWise Investments’ combined management team, which has over 150 years of ECM industry experience. GlobalWise Investments itself has been a pioneer in the ECM industry for 20 years.

While other players in the ECM industry focus on Tier 1 and Tier 2 markets, GlobalWise Investments has been focusing on the unmet needs of enterprises in Tier 3 and Tier 4 markets. Aside from being underserved, these markets are compliance-heavy, and their need for effective ECM solutions is great. GlobalWise Investments’ cloud computing software offers a range of benefits to these smaller-sized enterprises, including convenience, data security, cost-effectiveness, and environmentally friendly content management capabilities. Many leading hardware vendors have seen the game-changing value that GlobalWise investments’ flagship platform extends: Lexmark, Samsung, CVS/pharmacy, and DELL are just a few among many vendors that have directly integrated their hardware into the Intellivue™ cloud platform.

In 2014, the ECM industry is expected to top $5.7 billion. As the ECM industry continues to grow, GlobalWise Investments looks to strengthen its value to clients as it continues to build its market leadership.

For more information, please visit: www.globalwiseinvestments.com
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QualityStocks QualityStocks 10 years ago
GWIV Posts FY13 Financial Results

GlobalWise Investments and its technology-focused wholly owned subsidiary, Intellinetics, jointly reported the company’s financial results for the fiscal year ended December 31, 2013.

Total revenues for the 12 months ended December 31, 2013, were $1.5 million, a decrease compared to $2.7 million for the same period in 2012. The company attributes the reduction primarily to decreases in revenues from consulting services and software licenses with and without professional services.

Overall gross margins of 62 percent for full-year 2013 represent a decrease of 2 percent compared to gross margins of 64 percent for the comparable 12 months of the year prior. GlobalWise reported a net operating loss of $2.1 million, an increase of 8 percent compared to a loss of $1.9 million in full-year 2012.

Matthew Chretien, president and CEO of GlobalWise, detailed Intellinetics’ performance over the year and provided insight into the new business model’s focus on long-term recurring revenue versus sizable upfront fees.

“In 2013, Intellinetics made significant efforts into refining and re-designing every detail of our channel partner strategy from a technology, process, tools, business model and market positioning perspective,” Chretien stated in the news release. “This process consumed significant time and resources across the board but was crucial to improving revenue-generating effectiveness. … MarketCommand™ is a go-to-market approach that will become the de-facto standard for solution delivery into the SMB market, whose buyers place a premium on simplicity, minimizing disruption, and affordability when considering new business solutions.”

Chretien continued, “While feedback has been positive and new orders have been received under MarketCommand™, moving from premise-based one-time sales to the new low-cost, cloud-based entry point for recurring sales is a difficult transition from a revenue perspective. We certainly experienced that revenue contraction in 2013. However, as the number of active subscribers continues to grow, recurring revenue increases. As we certify other software providers to participate in MarketCommand™, we can benefit from additional revenue share from solutions such as device monitoring, power management and remote network management which can leverage the same infrastructure as IntelliCloud™ for activation.”

Moving forward the company will focus on recruiting high-quality resellers. As GlobalWise strengthens its reseller base, more IntelliCloud™ customers will activate and boost recurring revenue generation as storage consumption grows. According to Chretien, already several new companies have lined up to partner with the company under MarketCommand™ in Q2 of 2014.

To view a video example of the MarketCommand™ with IntelliCloud™ in action, visit http://services.in2communications.com/download/dms/
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QualityStocks QualityStocks 10 years ago
GWIV Introduces New Revenue Streams

GlobalWise is opening doors for strong revenue growth with its MarketCommand partner program.

For over two decades, GlobalWise and its wholly-owned subsidiary Intellinetics have provided advanced electronic content management services to public and private companies in the United States and Canada. GlobalWise’s offerings allow large and small companies to better manage their corporate information. They also deliver huge time and money savings to these clients by supplying them with immediate and protected access to their mission-critical information online and on premises.

Now, GlobalWise has introduced MarketCommand—a partner program dedicated to dealers in the print and imaging field that will bring in added revenue from the SMB office automation market. The program is being offered after the thorough analysis of in-depth feedback from GlobalWise’s first-generation industry partners regarding what business, market positioning, technical and service changes were considered necessary in a robust document-centric business solution.

MarketCommand presents GlobalWise’s cloud-based IntelliCloud platform as a feature of the multi-function devices sold by the dealers in the program. With MarketCommand, IntelliCloud’s solutions catalog is accessible via customizable icons from the respective device panel.

MarketCommand alleviates the complexity in sales, operations, and service delivery as well as offers the type of simple document solutions practice that the company’s stakeholders indicated a need for. Consequently, the partner program results in more robust device sales, additional IntelliCloud activation fees and recurring revenue from customers using more than the initial capacity they purchased which, in turn, augments the respective partner’s revenue.

Initially, GlobalWise planned to restrict access to MarketCommand to the market leaders in the regions it serves but, thanks to the positive industry feedback it has collected so far, it now intends to offer access to a wider set of program partners in coming months.

For more information, visit www.GlobalWiseInvestments.com and www.Intellinetics.com
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QualityStocks QualityStocks 10 years ago
Strategic Components Contribute to GWIV Foothold in ECM Market

GlobalWise Investments is focused on enterprise content management (ECM) solutions that in turn address today’s digital demands. The digitally focused company stays active in the growing ECM industry by using its competitive position to provide data storage solutions to Tier 3 and Tier 4 markets and assisting them with strenuous compliance requirements. GWIV operates through its wholly owned subsidiary, Intellinetics.

Today’s explosion in information often places a strain on organizations and prevents them from operating efficiently and effectively. Organizations are seeing the need to regain control over their workflow to avoid redundancy, security, and compliance issues as up to 85% of their critical content is trapped as unstructured data. For more than two decades the company has enabled organizations to make sense of their information overload so they can operate faster, leaner, and smarter. Content management software, deployed via the cloud or at the customer site, delivers economic and operational value by allowing documents and records to flow freely when and where they need to. GlobalWise refers to this process as “knowledge in motion.”

The company’s leading platform, Intellivue™, offers savings to a variety of organization sizes in virtually any industry by offering them access to all of their corporate information securely, at their desktop or via the web. This system has achieved noteworthy success in vertical markets such as accounts payable, automotive dealerships, education K-12, financial services, healthcare, higher education, human resources, law enforcement corrections, legal, manufacturing distribution, and retail.

GlobalWise Investments credits much of its growth to a large sales distribution expansion and its capitalizing on industry trends and evolution. Based in Columbus, Ohio, the company has created a healthy business foundation since its establishment in 1994. This has put GWIV in position to gain significant market share within the $149 billion business software and services industry. The company’s solutions serve a wide array of strong markets while their state-of-the-art technologies are at the forefront of the ECM industry.

For more information, visit www.GlobalWiseInvestments.com and www.Intellinetics.com
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QualityStocks QualityStocks 10 years ago
GWIV Boosting Enterprise Efficiency With ‘Knowledge in Motion’

GlobalWise Investments is focused on enterprise content management (ECM) solutions that in turn address today’s digital demands. The digitally focused company stays active in the growing ECM industry by using its competitive position to provide data storage solutions to Tier 3 and Tier 4 markets and assisting them with strenuous compliance requirements. GWIV operates through its wholly owned subsidiary, Intellinetics.

Today’s explosion in information often places a strain on organizations and prevents them from operating efficiently and effectively. Organizations are seeing the need to regain control over their workflow to avoid redundancy, security, and compliance issues as up to 85% of their critical content is trapped as unstructured data. For more than two decades the company has enabled organizations to make sense of their information overload so they can operate faster, leaner, and smarter. Content management software, deployed via the cloud or at the customer site, delivers economic and operational value by allowing documents and records to flow freely when and where they need to. GlobalWise refers to this process as “knowledge in motion.”

The company’s leading platform, Intellivue™, offers savings to a variety of organization sizes in virtually any industry by offering them access to all of their corporate information securely, at their desktop or via the web. This system has achieved noteworthy success in vertical markets such as accounts payable, automotive dealerships, education K-12, financial services, healthcare, higher education, human resources, law enforcement corrections, legal, manufacturing distribution, and retail.

GlobalWise Investments credits much of its growth to a large sales distribution expansion and its capitalizing on industry trends and evolution. Based in Columbus, Ohio, the company has created a healthy business foundation since its establishment in 1994. This has put GWIV in position to gain significant market share within the $149 billion business software and services industry. The company’s solutions serve a wide array of strong markets while their state-of-the-art technologies are at the forefront of the ECM industry.

For more information, visit www.GlobalWiseInvestments.com and www.Intellinetics.com
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QualityStocks QualityStocks 10 years ago
GWIV Efficient at Tapping Critical Content to Save Time and Increase Productivity

Digitally focused, GlobalWise Investments, operating through its wholly owned subsidiary Intellinetics, is a technology company striving to engage enterprise content management (ECM) solutions that address today’s digital demands. The company is active in the growing ECM industry. GlobalWise leverages its competitive position by providing data storage solutions to target the compliance-heavy Tier 3 and Tier 4 markets (small to mid-sized businesses).

Today’s information explosion is a strain on organizations and prevents them from operating efficiently and effectively. With up to 85% of their critical content trapped as unstructured data, organizations need to regain control over their workflow to avoid redundancy, security, and compliance issues. For more than two decades the company has enabled organizations to make sense of their information overload so they can operate faster, leaner, and smarter. Content management software, deployed via the cloud or at the customer site, delivers economic and operational value by enabling documents and records to flow freely when and where they need to. It’s what GlobalWise refers to as “knowledge in motion.”

Intellivue™, the company’s flagship platform, offers savings to any size organization in virtually any industry by offering them access to all of their corporate information securely, at their desktop or via the Web. This system has achieved good success in many vertical markets, some of which are accounts payable, automotive dealerships, education K-12, financial services, healthcare, higher education, human resources, law enforcement corrections, legal, manufacturing distribution, and retail.

GlobalWise Investments continues to realize growth through a large sales distribution expansion – also capitalizing on industry trends and evolution. Based in Columbus, Ohio, the company has created a solid foundation since its establishment in 1994. This has positioned the company to capture significant market share within the $149 billion business software and services industry. The company’s solutions serve a wide array of the strongest markets while their state-of-the-art technologies are at the forefront of the ECM industry.

For more information, visit www.GlobalWiseInvestments.com and www.Intellinetics.com
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QualityStocks QualityStocks 10 years ago
GWIV Blazes Trails at Forefront of ECM and Business Software and Services Industries

With its finger on the pulse of the digital age, GlobalWise Investments, operating through its wholly owned subsidiary Intellinetics, is a cutting-edge technology company focused on enterprise content management (ECM) solutions that address today’s digital demands.

GlobalWise Investments pushes beyond mere participation in the burgeoning ECM industry – maintaining a competitive edge by providing cutting-edge and promising data storage solutions to target the compliance-heavy and virtually untapped Tier 3 and Tier 4 markets (small to mid-sized businesses).

The promising future of ECM is already being recognized by top hardware vendors such as Lexmark, Samsung, and DELL, and these companies and others are directly integrating into GlobalWise Investments’ Intellinetics Intellivue cloud platform.

GlobalWise Investments is currently furthering its growth through a large sales distribution expansion – also capitalizing on industry trends and evolution. Based in Columbus, Ohio, the company has created a solid foundation since its establishment in 1994, and this has positioned the company to capture significant market share within the $149 billion business software and services industry.

GlobalWise Investments is also capturing market share in the growing ECM industry by leveraging its open cloud-based computing software and utilizing its outstanding company leadership. GlobalWise Investments’ game-changing solutions serve a diverse array of the strongest markets – and the company’s state-of-the-art technologies are at the forefront of the ECM industry.

For more information, visit www.GlobalWiseInvestments.com and www.Intellinetics.com
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QualityStocks QualityStocks 10 years ago
GWIV Technology Delivers Economic, Operational Value to Thriving ECM Industry

GlobalWise Investments, via wholly owned subsidiary Intellinetics, provides leading-edge technology solutions for Enterprise Content Management (ECM), focusing on a rapidly growing industry expected to exceed $5.7 billion by 2014 and a compound annual growth rate of 10.1%.

The ECM industry continues to thrive alongside the unrestricted proliferation of digital content in today’s business environment. Leveraging Intellinetics’ proprietary cloud-based computing software, GlobalWise is poised to capture significant market share in the ECM industry.

Successful ECM allows organizations to maximize efficiency and speed by managing corporate information in a secure and comprehensive manner. It is estimated that up to 85 percent of an organization’s critical content is trapped as unstructured data. The challenge for many organizations is how to regain control of their workflow and content to avoid redundancy, security, and compliance issues.

Intellivue is Intellinetics’ end-to-end, web services-based solution designed to support organizations of any size within all major vertical markets and operational departments, capable of supporting the entire document lifecycle. The technology delivers value by enabling documents and records to flow when they needed to and to the appropriate destination.

The economic and operational benefit of this technology includes cost savings, quicker time-to-value, improved compliance & disaster recovery, increased service delivery, increase information technology (IT) efficiencies, and enhanced competitive positioning.

GlobalWise’s ECM service is delivered to customers via five unique delivery models which cover the spectrum of business needs: Cloud/Saas (Software as a Service), Hardware Vendor Integrated Service, Software Vendor Integrated Service, Premise (Client-Server), Hybrid (Premise & Cloud/Saas).This diversity gives advanced security & privacy features with an on-demand structure needed for large Tier 3 and Tier 4 businesses that are currently underserved by the market.

For more information, visit www.GlobalWiseInvestments.com and www.Intellinetics.com
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