Intellinetics, Inc.
INLX Technology Software Application
Intellinetics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.6 million, down 7.96% from fiscal 2024. In the quarter to June 2026, revenue fell 1.60%, EPS fell 84.6%, free cash flow grew 1.38% and total debt fell 42.8%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
Follow INLX
Intellinetics, Inc. (INLX) Piotroski F-score
Intellinetics, Inc.'s Piotroski F-score for fiscal 2025 is 5 out of 9: 5 of nine tests of profitability, leverage and efficiency passed, unchanged from fiscal 2024.
Piotroski F-score, annual
Embed this chart
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 5 | 0.00 |
| FY2024 | 5 | (1.00) |
| FY2023 | 6 | 2.00 |
| FY2022 | 4 | (3.00) |
| FY2021 | 7 | 3.00 |
| FY2020 | 4 | 0.00 |
| FY2019 | 4 | 2.00 |
| FY2018 | 2 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (10.44%) | (2.91%) | Fail | 0 |
| Positive operating cash flow | 933.90k | 3.86m | Pass | 1 |
| Rising return on assets | (10.44%) | (2.91%) | Fail | 0 |
| Cash flow above net income | 2.81m | 4.40m | Pass | 1 |
| Falling long-term leverage | 0.01 | 0.01 | Pass | 1 |
| Rising current ratio | 1.03 | 0.83 | Pass | 1 |
| No new shares issued | 4,301,100 | 4,201,400 | Fail | 0 |
| Rising gross margin | 66.05% | 63.09% | Pass | 1 |
| Rising asset turnover | 0.92 | 0.96 | Fail | 0 |
| Piotroski F-score | Mixed | 5 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| MNDO MIND C.T.I. Ltd. compare | 5 |
| ZENVF Zenvia Inc. compare | 5 |
| INLX Intellinetics, Inc. | 5 |
| FTFT Future FinTech Group Inc. compare | 5 |
| PDC Earlyworks Co., Ltd. Unsponsored ADR compare | 3 |
| AWRE Aware, Inc. compare | 3 |
| NXPL NextPlat Corp. compare | 2 |
| BMR Beamr Imaging Ltd. compare | 2 |
| STIXF Semantix, Inc. compare | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover