Business
Intapp Announces Fourth Quarter and Full Fiscal Year 2022 Financial Results
Fourth quarter SaaS and support revenue of $52.7 million, up 34% year-over-yearFourth quarter total revenue of $75.5 million, up 23% year-over-yearCloud
About this update from Intapp, Inc.
[{"type":"text","content":"Fourth quarter SaaS and support revenue of $52.7 million, up 34% year-over-yearFourth quarter total revenue of $75.5 million, up 23% year-over-yearCloud annual recurring revenue (ARR) of $162.9 million, up 48% year-over-year PALO ALTO, Calif., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Intapp, Inc. (NASDAQ: INTA), a leading provider of industry-specific, cloud-based software solutions that enable connected professional and financial services firms, announced its financial results for the fourth quarter and full fiscal year ended June 30, 2022. Intapp also provided its outlook for the first quarter and full fiscal year of 2023. “We are proud to end the fiscal fourth quarter and our first year as a public company on a high note, having beaten our guidance every quarter,” said John Hall, CEO of Intapp. “We enter fiscal year 2023 with continued strong demand for our purpose-built solutions and industry cloud platform, and a stellar team of dedicated professionals who are committed to providing value to the clients we serve across the professional and financial services industry.” Fourth Quarter of Fiscal Year 2022 Financial Highlights SaaS and support revenue was $52.7 million, representing a 34% year-over-year increase compared to the fourth quarter of fiscal year 2021.Total revenue was $75.5 million, representing a 23% year-over-year increase compared to the fourth quarter of fiscal year 2021.Cloud ARR was $162.9 million as of June 30, 2022, an increase of 48% year-over-year compared to Cloud ARR as of June 30, 2021. Cloud ARR represented 60% of total ARR as of June 30, 2022, as compared to 52% as of June 30, 2021.Total ARR was $270.5 million as of June 30, 2022, an increase of 27% year-over-year compared to Total ARR as of June 30, 2021.GAAP operating loss was $22.8 million, compared to a GAAP operating loss of $9.6 million in the fourth quarter of fiscal year 2021, primarily reflecting an increase in non-cash stock compensation expense.Non-GAAP operating loss was $3.9 million, compared to a non-GAAP operating profit of $0.6 million in the fourth quarter of fiscal year 2021, reflecting planned growth investments.GAAP net loss attributable to common stockholders was $21.6 million, compared to a GAAP net loss attributable to common stockholders of $19.9 million in the fourth quarter of fiscal year 2021, primarily reflecting an increase in ...