Intouch Insight (INX) Q4 2024 earnings summary

Executive summary

• Achieved record profits in 2024, marking the strongest year in company history.

• 82% of revenues were generated from the United States.

Financial highlights

• Revenue increased 11% year-over-year to $28.2M from $25.4M.

• SaaS revenues grew 7% organically, continuing a nine-year growth streak.

• Gross margin declined to 44.5% from 46.2% due to a shift in product mix.

• EBITDA rose 46% to $2.22M from $1.52M.

• Net income reached $1.4M, reversing a prior year loss of $384K; EPS improved to $0.05 from a loss of $0.02.

Outlook and guidance

• Management remains committed to sustainable, profitable revenue growth and resource generation.

• No direct impact expected from current US government actions due to operating structure.