Group 1 - Intapp (NASDAQ: INTA) operates in the vertical SaaS space, which has a more limited total addressable market compared to broader horizontal SaaS platforms [1] - The customer base of Intapp is niche but may be more sensitive to macroeconomic slowdowns, particularly in discretionary spending [1]

Summary of Intapp (INTA) Conference Call Company Overview - **Company**: Intapp (INTA) - **Industry**: Vertical software for professional services and financial services - **Market Focus**: Large law firms, accounting firms, consulting firms, investment banks, private capital firms, and real asset investors, which represent about 3% of the global economy [3][4] Core Business Model - **Business Model**: Operates in a partnership structure, emphasizing trust and confidentiality, which necessitates specialized software solutions [4][5] - **Product Lines**: - Business development management - Collaborative work execution - Work-to-cash solutions for payment and profit distribution - Compliance suite for navigating regulatory obligations [5][6] Market Demand and Opportunities - **Demand Environment**: The professional and financial services markets are stable and resilient, even during economic downturns [16][17] - **Client Focus**: Over 70% of the serviceable available market (SAM) comes from the top 2,000 clients, leading to a strategic focus on these clients [14][15] - **Diversification**: Firms within these markets often shift focus between service lines based on market conditions, providing inherent diversification [18][19] AI and Technology Integration - **Vertical vs. Horizontal AI**: Vertical AI is tailored to specific industry needs, focusing on proprietary data and compliance, unlike generic horizontal AI solutions [22][26] - **AI Adoption Challenges**: Initial generative AI tools faced skepticism due to data privacy concerns and lack of integration into existing workflows [27][28] - **Innovative Solutions**: Intapp is embedding AI into its applications to enhance user experience and compliance, such as time tracking and conflict of interest checks [32][34] Partnership with Microsoft - **Collaboration**: A three-year partnership with Microsoft focuses on co-innovation and integration of Intapp products into Microsoft’s ecosystem, enhancing client offerings [38][39] - **Market Advantage**: Clients can leverage Microsoft Azure commitments to offset costs of Intapp products, creating a competitive edge [43] Recent Developments and Product Announcements - **Amplify Event**: Announced new AI-driven products, including Assist SmartTags for extracting insights from conversations and Assist Origination for sourcing new opportunities [44][46][51] - **Product Differentiation**: Intapp's industry graph data model provides a unique advantage in understanding client needs and market dynamics, which horizontal vendors may struggle to replicate [60][62] Financial Outlook and Strategy - **Growth vs. Profitability**: The company maintains a balance between growth and profitability, emphasizing judicious investment and operational efficiency [64][65] - **Long-term Model**: Intapp is optimistic about its growth trajectory and the potential returns from its AI products, indicating a commitment to continued investment [66]

Intapp (INTA) closed the last trading session at $55.04, gaining 1.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $71 indicates a 29% upside potential.The average comprises eight short-term price targets ranging from a low of $60 to a high of $83, with a standard deviation of $7.95. While the lowest estimate indicates an increase of 9% from the current price level, the most opt ...

Investor presentation May 2025 © 2025 Intapp. All rights reserved. Disclaimer This presentation has been prepared by Intapp, Inc. ("Intapp") for informational purposes only and not for any other purpose. Nothing contained in this presentation is, or should be construed as, a recommendation, promise or representation by the presenter or Intapp or any officer, director, employee, agent or advisor of Intapp. This presentation does not purport to be all-inclusive or to contain all of the information you may des ...

Core Insights - The 2025 Technology Perceptions Survey by Intapp reveals a significant increase in AI adoption among professionals in accounting, consulting, finance, and legal sectors, with 72% of professionals now using AI at work, up from 48% last year [7] - The survey indicates that 56% of firms have adopted AI, with an additional 32% beginning their AI journey, suggesting a potential for 88% of firms to adopt AI in the near term [7] AI Adoption and Usage - AI is becoming integral to professional workflows, driving both top-line and bottom-line growth, as professionals increasingly recognize its benefits in reducing time-consuming manual tasks [2] - The most common AI applications are summarizing data and generating documents, highlighting the areas of highest growth in AI usage [2] Unauthorized AI Usage - A concerning trend is that 50% of professionals have used AI tools without firm authorization, while 23% have not yet done so but are willing [3] - Unauthorized AI usage poses risks to data security, particularly regarding sensitive client information [4] Impact on Professional Work - AI is enabling professionals to work smarter and faster, leading to improved turnaround times and enhanced client satisfaction [4] - Professionals are reallocating time saved through AI to focus on higher-level tasks, with 42% dedicating time to client work and 28% strengthening client relationships [8] Perception of AI Effectiveness - A significant 62% of professionals believe AI has been highly useful in the workplace, and 82% rate the quality of AI-generated work as at least equal to their own [8] - AI has facilitated the synthesis of large amounts of information for 41% of respondents and helped 38% think of creative solutions [8]

Summary of Intapp (INTA) FY Conference Call - May 13, 2025 Company Overview - **Company**: Intapp (INTA) - **Industry**: Professional and Financial Services Software - **Business Model**: Focused on vertical industry cloud solutions for large partnership firms, including law firms, accounting firms, consulting firms, investment banks, private equity, and real assets investors [3][4][5] Key Financial Metrics - **Annual Recurring Revenue (ARR)**: Approximately $500 million, with two-thirds from professional services and one-third from private capital and investment banking [6] Market Trends and Demand - **Digital Transformation**: Many firms are behind in digitalizing operations, creating demand for cloud solutions [8] - **Generative AI**: Strong interest in generative AI to enhance operational efficiency, with existing AI solutions already in place for time tracking and billing [9][12] - **Economic Stability**: Professional and financial services are relatively stable through economic cycles, with consistent demand observed [14][16] Sales Strategy and Market Expansion - **Targeting Enterprise Accounts**: Focus on the top 2,000 firms that represent 70% of the Serviceable Available Market (SAM) [20] - **Sales Team Allocation**: Increased focus on enterprise accounts in fiscal year 2025, with successful pipeline building and client wins [22] - **Blueprints Program**: Tailored solutions for different professional roles (lawyers, accountants, investment bankers) to enhance user experience [23][25] Competitive Positioning - **DealCloud Acquisition**: Enhances business development capabilities, with strong win rates against traditional CRM systems due to industry-specific design [26][27] - **Industry Graph Data Model**: Unique data model that captures complex relationships in professional services, differentiating from traditional CRMs [32][36] Regulatory and Compliance Opportunities - **Compliance Growth**: New regulations in accounting (QC 1,000) and anti-money laundering are driving demand for compliance solutions [39][40] Expansion into New Verticals - **Real Assets Vertical**: Expansion driven by demand from multi-strategy asset managers, with recent acquisition of Term Sheet to enhance capabilities [41][45] Cloud Strategy - **Cloud Penetration**: 77% of ARR is now on the cloud, with a goal to increase cloud penetration by 5 percentage points annually [46] - **Migration Program**: Ongoing efforts to transition clients from on-premises to cloud solutions, with positive incentives for migration [48] AI Product Launches - **New AI Offerings**: Introduction of generative AI products like IntePap Assist, enhancing existing solutions and driving demand for cloud offerings [50][54] Partnerships and Ecosystem - **Microsoft Partnership**: Collaboration for technology integration, co-marketing, and co-selling, enhancing market reach and product offerings [58][60] International Expansion - **Global Footprint**: Strong presence in the UK, Canada, Australia, and recent expansions into Central Europe, the Middle East, and Asia [63] Gross Margin Opportunities - **Operational Efficiencies**: Potential for 300 to 500 basis points improvement in gross margins through scale and operational efficiencies [65]

Investors might want to bet on Intapp (INTA) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this software developer, should get reflected in its stock price. After all, empirical research shows a strong correlation between tr ...

Shares of Intapp (INTA) have gained 7.3% over the past four weeks to close the last trading session at $56.31, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $71 indicates a potential upside of 26.1%.The mean estimate comprises eight short-term price targets with a standard deviation of $7.95. While the lowest estimate of $60 indicates a 6.6% increase from the current price lev ...

Core Insights - Intapp reported revenue of $129.07 million for the quarter ended March 2025, reflecting a year-over-year increase of 16.7% [1] - The company's EPS was $0.26, up from $0.14 in the same quarter last year, exceeding the consensus estimate of $0.22 by 18.18% [1] Financial Performance - The reported revenue surpassed the Zacks Consensus Estimate of $128.78 million, resulting in a surprise of +0.23% [1] - Cloud annual recurring revenue (Cloud ARR) reached $351.80 million, exceeding the average estimate of $347.15 million [4] - Total annual recurring revenue (Total ARR) was $454.70 million, compared to the average estimate of $450.53 million [4] - SaaS revenues were reported at $84.91 million, slightly above the estimated $84.69 million, marking a +5.1% change year-over-year [4] - Professional services revenues were $12.47 million, below the estimated $13.85 million, representing a -6.2% change year-over-year [4] - Total license revenue was $31.68 million, exceeding the average estimate of $30.31 million, with a significant year-over-year increase of +91.8% [4] Profitability Metrics - Gross profit from SaaS was $68.01 million, below the average estimate of $69.83 million [4] - Gross profit from professional services was reported at -$1.78 million, worse than the estimated -$1.18 million [4] - Gross profit from licenses was $30.17 million, surpassing the average estimate of $28.72 million [4] Stock Performance - Intapp's shares have returned +10.3% over the past month, compared to the Zacks S&P 500 composite's +11.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Intapp (INTA) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 18.18%. A quarter ago, it was expected that this software developer would post earnings of $0.17 per share when it actually produced earnings of $0.21, delivering a surprise of 23.53%. Empirical research shows a strong co ...