NASDAQ$INTA

Intapp Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Intapp's Q4 2021 financial results were announced, revealing a strong performance driven by cloud platform adoption and a successful IPO.

Intapp reported a 29% year-over-year increase in total revenue, reaching $61.3 million for the fourth quarter. The company's cloud ARR increased by 48% year-over-year, reaching $109.7 million. While GAAP operating loss was $9.6 million, non-GAAP operating profit was $0.6 million.

  • Total revenue increased by 29% year-over-year to $61.3 million.
  • SaaS and support revenue increased by 26% year-over-year to $39.4 million.
  • Cloud ARR increased by 48% year-over-year to $109.7 million, representing 52% of total ARR.
  • GAAP operating loss was $9.6 million, while non-GAAP operating profit was $0.6 million.

Headline financials

Total Revenue

$61.3M

Previous: $187M-67.2%
EPS (adj)

-$0.19

Previous: -$2.49+92.4%
Capital Expenditures

$79K

Previous: $2.64M-97.0%
Free Cash Flow

-$7.75M

Previous: -$4.05M-91.5%
Net Income

-$15.9M

Previous: -$8.28M-92.1%
Operating Income

-$9.64M

Previous: -$1.14M-745.0%
Gross Profit

$40.9M

Previous: $29.6M+38.1%
Cash & Equivalents

$42.1M

Previous: $42.1M+0.0%
Total Assets

$460M

No prior period
Stock-Based Comp

$5.84M

Previous: $3.26M+79.3%

Revenue & EPS history

Intapp · Revenue · Quarterly

$61.3M

Q4 2021-67.2%vs Q4 2020
Beat estimate in 7 of 8 quarters(88%)
ActualEstimate

Revenue by segment

Intapp · $46.8M total across 2 segments · Q4 2021

  • SaaS
    $39.4M+26.2%
  • Professional services
    $7.39M

Forward guidance

Intapp provided its outlook for the first quarter and full fiscal year 2022.

Tailwinds

  • SaaS and support revenue for Q1 is expected to be $40.5 million - $41.5 million.
  • SaaS and support revenue for FY2022 is expected to be $172.0 million - $176.0 million.
  • Total revenue for Q1 is expected to be $56.5 million - $57.5 million.
  • Total revenue for FY2022 is expected to be $241.0 million - $245.0 million.

Headwinds

  • Non-GAAP operating loss for Q1 is expected to be $1.0 million - $2.0 million.
  • Non-GAAP operating loss for FY2022 is expected to be $13.5 million - $17.5 million.
  • Non-GAAP net loss per share for Q1 is expected to be $0.06 - $0.08.
  • Non-GAAP net loss per share for FY2022 is expected to be $0.29 – $0.33.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+3.7%

Avg return

Earnings day

+5.3%

Avg return

5 days after

+6.5%

Avg return

30 days after

65%

13 / 20 earnings

Positive

+17.6%

Q4 2024

Best reaction

-25.8%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-4.7%-1.1%+1.2%
Q2 2026-25.8%-16.8%-5.1%
Q1 2026+6.1%+8.4%+16.5%
Q3 2025-6.2%-1.5%+1.8%
Q2 2025-1.2%-3.3%-16.9%
Q1 2025+2.0%+20.0%+36.5%
Q4 2024+17.6%+27.9%+35.0%
Q3 2024+12.2%+17.1%+8.7%
Q2 2024-11.8%-7.4%-19.9%
Q1 2024+14.5%+13.2%+6.0%
Q4 2023-6.3%-8.4%-4.9%
Q3 2023+16.0%+16.2%+14.4%
Q2 2023+15.8%+17.5%+43.4%
Q1 2023+7.9%+7.6%+9.3%
Q4 2020+9.5%+0.8%+21.8%
Q4 2022+16.2%+27.2%+41.4%
Q3 2022-6.7%-4.8%-22.9%
Q2 2022+6.9%+4.7%+13.0%
Q1 2022+8.3%-5.4%-16.3%
Q4 2021+3.3%-5.3%-33.4%
Q3 2021
Q2 2021
Q1 2021
Q3 2020
Q2 2020
Q1 2020

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