Core Insights - Intapp's DealCloud was awarded Deal Origination Solution of the Year: Credit at the Private Equity Wire European Awards 2025, highlighting its excellence in the European private equity market [1][2][3] Group 1: Award Recognition - The award was determined by industry voters, with over 7,000 votes submitted across service provider categories [2] - The winners were announced at a gala event held on February 13 in London [2] Group 2: Product Features and Benefits - DealCloud is a data-powered platform that aids private credit firms in accelerating deals, optimizing portfolio performance, and improving collaboration [3] - The platform utilizes AI capabilities, automated data capture, and integrated market intelligence to enhance efficiency and decision-making [3] - By consolidating data and automating processes, DealCloud allows teams to focus on strengthening networks and sourcing more opportunities [3] Group 3: Company Overview - Intapp provides AI-powered solutions that help professionals in advisory, capital markets, and legal firms unlock knowledge and operational insights [5] - The company’s vertical SaaS solutions are trusted by top firms across various sectors, including accounting, consulting, investment banking, and legal [5]

Group 1 - The article emphasizes the importance of experience in analyzing diverse industries such as airlines, oil, retail, mining, fintech, and ecommerce, highlighting the value of understanding macroeconomic, monetary, and political drivers [1] - The author reflects on their extensive experience through various crises, including the dotcom bubble, 9/11, the great recession, and the Covid-19 pandemic, which enriches their analytical capabilities [1] - The article suggests that continuous learning and application of experience are crucial for unraveling new ideas, technology, innovation, and business models [1]

Core Insights - Intapp has opened a new Research and Development Centre in Lisbon, Portugal, aimed at being an innovation hub for vertical AI solutions tailored for professional services [1][2] - The Lisbon office will focus on developing AI solutions for sectors including accounting, consulting, investment banking, legal, private capital, and real assets [1][2] Company Expansion and Workforce - Intapp currently employs over 10 professionals in Portugal and is actively recruiting for 15 additional roles, primarily in R&D, including developers and quality assurance specialists [2] - Since its IPO in 2021, Intapp has grown to over 1,200 employees globally across North America, Europe, and Asia Pacific [6] Internship Program - The Lisbon R&D Centre will launch an internship program in 2025 to provide engineering and computer science students with practical experience and to build a pipeline of entry-level talent [3][4] Location and Infrastructure - The R&D Centre is situated in Parque das Nações, a vibrant area known for its modern infrastructure and accessibility, which is conducive to technological innovation [4][5] - The office design promotes collaboration with open-concept spaces and advanced technology, reflecting Intapp's commitment to innovation and employee well-being [5] Community and Economic Impact - The establishment of the R&D Centre in Lisbon is seen as a positive reflection of confidence in Portugal's tech ecosystem and aims to leverage local talent for global impact [4]

Core Insights - Intapp has partnered with New Forests to implement Intapp DealCloud, enhancing investor relations and fundraising capabilities through AI-powered solutions [1][2][4] - New Forests manages A$11.6 billion in assets across over 4.2 million hectares, focusing on sustainable timber plantations and natural capital strategies [6][7] Group 1: Modernization of Investor Relations - The implementation of DealCloud allows New Forests to track investors and streamline the fundraising process, providing a more tailored approach to relationship management [2][3] - DealCloud centralizes critical data, enabling New Forests' investor relations teams to make informed decisions and build long-term relationships with investors [2][3] Group 2: AI Capabilities - The AI features of DealCloud facilitate quick data analysis, informed decision-making, and automation of workflows, enhancing the efficiency of investor relations activities [3][4] - DealCloud helps identify potential new investors and ensures that fundraising activities are documented for future reference [3] Group 3: Company Overview - New Forests is a global investment manager with a diversified portfolio that includes sustainable timber plantations, conservation areas, and carbon finance projects [6][7] - The firm operates in multiple regions, including Australia, Southeast Asia, Africa, and the United States, and is a Certified B Corp [7]

Group 1 - Markets have rebounded sharply in early 2025, indicating a shift towards a "risk on" attitude among investors [1] - Investors are favoring growth stocks while shedding concerns over escalating tariff wars and a pause in interest rate cuts [1] - Gary Alexander has extensive experience in technology companies and has been a contributor on Seeking Alpha since 2017, providing insights into industry trends [1]

Core Viewpoint - Intapp, Inc. is set to discuss its fiscal second quarter 2025 financial results, highlighting key trends and performance expectations for the upcoming quarters [2][3]. Group 1: Company Overview - Intapp's fiscal second quarter 2025 earnings call features key executives including John Hall, Chairman and CEO, and David Morton, CFO [2]. - The company will provide insights into its business strategies and anticipated performance, including guidance for the fiscal third quarter and full year 2025 [3]. Group 2: Financial Metrics - The call will include discussions on non-GAAP metrics that are believed to enhance understanding of the company's financial performance [4].

Core Insights - Intapp (INTA) reported revenue of $121.21 million for the quarter ended December 2024, marking a year-over-year increase of 16.6% and an EPS of $0.21, up from $0.11 a year ago, with a revenue surprise of +0.05% over the Zacks Consensus Estimate [1] Financial Performance - Cloud annual recurring revenue (Cloud ARR) reached $331.10 million, exceeding the average estimate of $326.20 million from four analysts [4] - Total annual recurring revenue (Total ARR) was $437.10 million, compared to the estimated $432.18 million from four analysts [4] - Total recurring revenues from SaaS and support amounted to $79.98 million, slightly below the average estimate of $80.13 million, reflecting a year-over-year change of +3.7% [4] - Professional services revenue was reported at $13.22 million, surpassing the average estimate of $13.14 million, with a year-over-year increase of +4.2% [4] - Subscription license recurring revenues totaled $28.02 million, exceeding the average estimate of $27.89 million, showing a significant year-over-year change of +98.1% [4] Profitability Metrics - Gross profit from recurring revenues in SaaS and support was $63.68 million, below the average estimate of $65.90 million [4] - Gross profit from professional services was reported at -$1.33 million, worse than the average estimate of -$0.33 million [4] - Gross profit from recurring revenues in subscription licenses was $26.39 million, also below the average estimate of $27.63 million [4] Stock Performance - Intapp shares have returned +12.6% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Core Insights - Intapp (INTA) reported quarterly earnings of $0.21 per share, exceeding the Zacks Consensus Estimate of $0.17 per share, and showing an increase from $0.11 per share a year ago, resulting in an earnings surprise of 23.53% [1][2] - The company achieved revenues of $121.21 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.05% and increasing from $103.93 million year-over-year [2] - Intapp has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The future performance of Intapp's stock will largely depend on management's commentary during the earnings call and the sustainability of its immediate price movement based on recent earnings and future expectations [3][4] - Current consensus EPS estimate for the upcoming quarter is $0.19 on revenues of $126.36 million, and for the current fiscal year, it is $0.76 on revenues of $497.54 million [7] Industry Context - The Internet - Software industry, to which Intapp belongs, is currently ranked in the top 27% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Commission File Number: 001-40550 Intapp, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 46-1467620 (State or other jurisdiction of incorporation or organization) 3101 Park Blvd Palo Alto, California 94306 (Address of principal executive offices) (Zip Code) (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 ...

Revenue Growth - Second quarter SaaS revenue reached $80.0 million, representing a 27% year-over-year increase[4] - Total revenue for the second quarter was $121.2 million, a 17% year-over-year increase[5] - Cloud annual recurring revenue (ARR) was $331.1 million, up 29% year-over-year, accounting for 76% of total ARR[5] - Total ARR increased to $437.1 million, reflecting a 20% year-over-year growth[5] - Total revenues for the three months ended December 31, 2024, increased to $121.2 million, up 16.5% from $103.9 million in the same period of 2023[27] - SaaS revenues reached $80.0 million for the three months ended December 31, 2024, representing a 26.7% increase compared to $63.1 million in the prior year[27] Profitability - Non-GAAP operating income for the second quarter was $18.9 million, compared to $7.6 million in the same quarter last year[5] - Non-GAAP net income was $17.4 million, up from $8.8 million year-over-year[5] - Non-GAAP gross profit for the three months ended December 31, 2024, was $93.0 million, reflecting a gross margin of 76.7%[32] - Non-GAAP operating income for Q4 2024 was $18,925 million, compared to $7,606 million in Q4 2023, reflecting a significant increase of 148.5%[34] - Non-GAAP net income for Q4 2024 reached $17,405 million, up from $8,765 million in Q4 2023, marking a 98.5% increase[35] - Free cash flow for Q4 2024 was $25,177 million, compared to $11,822 million in Q4 2023, indicating a growth of 113.5%[37] Expenses - Operating expenses for the three months ended December 31, 2024, totaled $98.9 million, an increase of 17.5% from $84.2 million in the same period of 2023[27] - GAAP research and development expenses increased to $33,325 million in Q4 2024 from $27,981 million in Q4 2023, representing a 19.3% increase[33] - Non-GAAP sales and marketing expenses rose to $32,291 million in Q4 2024 from $28,985 million in Q4 2023, a 7.5% increase[33] - Non-GAAP general and administrative expenses decreased slightly to $15,374 million in Q4 2024 from $16,133 million in Q4 2023, a decline of 4.7%[33] Cash and Assets - Cash and cash equivalents stood at $285.6 million as of December 31, 2024, up from $208.4 million as of June 30, 2024[8] - Total assets grew to $800.6 million as of December 31, 2024, compared to $733.0 million as of June 30, 2024[29] - The company reported net cash provided by operating activities of $25.2 million for the three months ended December 31, 2024, compared to $12.0 million in the same period of 2023[31] - The company reported net cash provided by operating activities of $25,239 million for Q4 2024, compared to $12,035 million in Q4 2023, a 109.9% increase[37] Guidance - The company expects third quarter SaaS revenue guidance of $84.0 - $85.0 million[9] - Total revenue guidance for the fiscal year 2025 is projected to be between $498.5 - $502.5 million[9] Deferred Revenue - Deferred revenue, net, increased to $235.0 million as of December 31, 2024, compared to $218.9 million as of June 30, 2024[29] Net Loss - The net loss for the three months ended December 31, 2024, was $10.2 million, compared to a net loss of $9.2 million in the same period of 2023[27] - GAAP net loss per share for Q4 2024 was $(0.13), consistent with $(0.13) in Q4 2023, while non-GAAP net income per share increased to $0.21 from $0.11[35] - Total GAAP operating loss for the first half of 2024 was $(17,440) million, an improvement from $(25,047) million in the same period of 2023[34] Methodology Change - The company adjusted its free cash flow calculation methodology starting Q2 2024 to exclude capitalized internal-use software costs and cash paid for interest, aligning with industry standards[38]