Description

Intapp, Inc.: A Tale Of Cloud Transition & Subscription Model Enhancement! 

Intapp, a provider of industry-specific, cloud-based software solutions, reported encouraging fiscal third-quarter 2024 results highlighting strong growth metrics and strategic advances. Their focus on cloud-based annual recurring revenue (ARR) and expansions into artificial intelligence (AI) capabilities provides a substantial growth trajectory, though there are potential challenges warranting investor caution. Positively, Intapp has steadily increased its cloud ARR to $274.2 million, showing a robust year[1]over-year growth of 33%. This indicates a successful transition towards cloud-based models, which currently represents 72% of the company’s total ARR of $382.7 million. The firm reported SaaS and support revenue of $80.8 million, marking a 22% increase from the previous year, with total revenue also up by 20% to $110.6 million. These figures underscore the company’s ability to not only attract new clients but also expand within its existing customer base. Intapp’s robust suite of product innovations, including the introduction of Intapp Assist for DealCloud, leverages AI to optimize professionals’ workflows, enhancing the appeal of Intapp’s offerings in its market niches. The acquisition of Transform Data International and AI provider delphai also strategically positions Intapp to further embed AI across its platform, potentially driving future growth.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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