Critical Review: Leafly (OTC:LFLY) and Intellinetics (OTCMKTS:INLXD)

Earnings and Valuation

This table compares Intellinetics and Leafly”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Intellinetics	$2.54 million	1.29	-$2.13 million	($6.00)	-1.41
Leafly	$35.87 million	3.24	-$9.50 million	($1.60)	-23.13

Intellinetics has higher earnings, but lower revenue than Leafly. Leafly is trading at a lower price-to-earnings ratio than Intellinetics, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

15.6% of Leafly shares are held by institutional investors. 27.7% of Intellinetics shares are held by insiders. Comparatively, 6.9% of Leafly shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Risk & Volatility

Intellinetics has a beta of 0.22, indicating that its stock price is 78% less volatile than the S&P 500. Comparatively, Leafly has a beta of 1.12, indicating that its stock price is 12% more volatile than the S&P 500.

Profitability

This table compares Intellinetics and Leafly’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Intellinetics	-84.11%	N/A	-214.86%
Leafly	-14.65%	N/A	-25.26%

Summary

Leafly beats Intellinetics on 7 of the 10 factors compared between the two stocks.

About Intellinetics

Intellinetics, Inc. develops, markets, and sells document solutions software to the public and private sectors in the United States. The company's software platform allows its customers to capture and manage documents across operations, such as scanned hard-copy documents and digital documents, including Microsoft Office 365, digital images, audios, videos, and emails. It offers IntelliCloud software platform solutions that include image processing modules, records management, workflow, and extended components. The company also provides installation, integration, training, and consulting services, as well as ongoing software maintenance and customer support services; and pre-installation assessment, project scoping, and implementation consulting services. It sells its products to resellers and directly to customers, as well as provides access to its software solutions as a service through the Internet. The company was formerly known as GlobalWise Investments, Inc. and changed its name to Intellinetics, Inc. in September 2014. Intellinetics, Inc. was founded in 1996 and is headquartered in Columbus, Ohio.

About Leafly

Leafly Holdings, Inc. owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. The company offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications. Leafly Holdings, Inc. was founded in 2010 and is headquartered in Seattle, Washington.