5/14/2026

speaker
Bailey
Conference Operator

Greetings. Welcome to Intellinetic's first quarter 2026 earnings call. At this time, all participants are in a listen-only mode. Should you need assistance during the conference, please press the star key followed by zero on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to Joe Spain, Chief Financial Officer. Thank you. You may begin.

speaker
Joe Spain
Chief Financial Officer

Thank you. Good afternoon, everyone. I am pleased to welcome you to the Intellimatics 2026 first quarter conference call. Before we begin, I would like to remind listeners that during this conference call, comments made by management may include forward-looking statements regarding Intellimatics, Inc. that are not historical facts. These forward-looking statements are based on the current expectations and beliefs of management, and they are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Until NS, Inc. undertakes no duty to update any forward-looking statements. For more information about factors that may cause actual results to differ materially from forward-looking statements, please refer to the press release issued today, as well as risks and uncertainties included in the section under the caption, risk factors and the management's discussion and analysis of financial condition and results of operations in Intellimatic's annual report on Form 10-K or the quarterly report on Form 10-Q filed today. Also, please note that on the call today, management will discuss the non-GAAP financial measure adjusted EBITDA. Non-GAAP financial measures are not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP and may be different from non-GAAP financial measures presented by other companies. A reconciliation between GAAP and non-GAAP measures can be found in the press release issued today. With all that said, I would now like to turn the call over to Allison Forsythe, Intellinetics President and CEO. Allison, the call is yours.

speaker
Allison Forsythe
President and CEO

Thanks, Joe. Good afternoon, everyone, and thank you for joining us. I am now approximately 90 days into the role as CEO of Intellinetics, and I feel even more confident today in our ability to grow our SaaS business. Our products deliver meaningful value to customers, are highly sticky within customer workflows, and address attractive market opportunities. Based on what I have seen in my first 90 days, I believe we can deliver double-digit, year-over-year SaaS growth in 2026 over 2025. Having joined Intellinetics in mid-February, my initial focus has been on evaluating the business, meeting with employees, customers, and partners, and assessing our operational and go-to-market priorities. While first quarter results reflect variability in professional services revenue and margins, My early assessment confirms the conclusions reached during the extensive diligence process completed before I accepted this role. Intetal Analytics has a differentiated technology platform, longstanding customer relationships, and significant opportunities to expand our SaaS and software business in targeted vertical markets. At the same time, it has become increasingly clear that there are meaningful opportunities to improve execution operational consistency, predictability, and overall go-to-market effectiveness across the organization. We are moving quickly to strengthen alignment, improve our operating discipline, and better position the business for scalable long-term growth. Looking ahead, our priorities are clear. Accelerating our SaaS growth, improving execution consistency and predictability, and aligning resources around our highest priority growth opportunities. With that, I'll turn it over to Joe to walk through the financials in more detail.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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