Alkami(ALKT)

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Tier One Credit Union Selects Alkami for Digital Banking
Prnewswire· 2025-08-11 13:37
Engagement includes both retail and business banking PLANO, Texas, Aug. 11, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced a top 20 credit union in the U.S. selected Alkami as its digital banking partner, encompassing both retail and business banking with a minimum of 350,000 users. This adds to Alkami's 1.3 million digital user implementation backlog as of June 30, 2025. ...
Alkami (ALKT) Loses 28.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-08-06 14:36
Alkami Technology (ALKT) has been beaten down lately with too much selling pressure. While the stock has lost 28.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change ...
Alkami to Present at KeyBanc Technology Leadership Forum
Prnewswire· 2025-08-01 12:00
PLANO, Texas, Aug. 1, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that company executive leadership will present at the KeyBanc Technology Leadership Forum on Monday, August 11, 2025. Alex Shootman, chief executive officer and Bryan Hill, chief financial officer, will be presenting. A webcast and replay of the event will be accessible at investors.alkami.com followin ...
Alkami(ALKT) - 2025 Q2 - Quarterly Report
2025-07-31 11:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-40321 ALKAMI TECHNOLOGY, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 45-3060776 ...
Alkami Technology (ALKT) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-30 23:16
Alkami Technology (ALKT) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +44.44%. A quarter ago, it was expected that this provider of digital banking services would post earnings of $0.09 per share when it actually produced earnings of $0.13, delivering a surprise of +44.44%.Over the ...
Alkami(ALKT) - 2025 Q2 - Earnings Call Transcript
2025-07-30 22:02
Alkami (ALKT) Q2 2025 Earnings Call July 30, 2025 05:00 PM ET Company ParticipantsSteve Calk - Head - IRAlex Shootman - CEO & DirectorBryan Hill - CFORyan Powderly-Gross - VP - Equity ResearchCharles Nabhan - MD - Equity Research- Payments/FintechAdam Hotchkiss - VP - Emerging Software Equity ResearchConference Call ParticipantsCristopher Kennedy - Research Analyst - Financial Services & TechnologyIsabella Camaj - Equity Research AnalystJeff Van Rhee - Senior Research AnalystMayank Tandon - Senior AnalystPa ...
Alkami(ALKT) - 2025 Q2 - Earnings Call Transcript
2025-07-30 22:00
Financial Data and Key Metrics Changes - In Q2 2025, the company achieved total revenue of $112.1 million, representing a year-over-year growth of 36% and organic growth of 28% [14] - Adjusted EBITDA improved to $11.9 million compared to $4.6 million in the same quarter last year [14] - Annual Recurring Revenue (ARR) increased by 32%, exiting the quarter at $424 million [15] - The company ended the quarter with a registered user growth of approximately 2.3 million, or 12% year-over-year, totaling 20.9 million registered users [15] Business Line Data and Key Metrics Changes - Subscription revenue grew by 35% in Q2 2025, accounting for 95% of total revenue [14] - Mantle added 39 new clients in 2025, with 14 being Alchemy digital banking clients, indicating successful cross-selling opportunities [6][14] - The company signed nine new digital banking platform clients and renewed six existing clients during the quarter [18] Market Data and Key Metrics Changes - The company continues to see strong demand across its product portfolio, particularly in the digital banking and onboarding sectors [17] - The bank channel represents 13% of total clients under contract, with plans to implement 16 banks on the online banking platform [35] Company Strategy and Development Direction - The company aims to integrate account opening with online banking and data marketing to enhance user experience and drive growth [9][12] - The Mantle acquisition is expected to create significant cross-sell opportunities and enhance the company's market position [5][12] - The company plans to manage the Alchemy and Mantle sales teams under one leader to leverage integrated platform capabilities [12][56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand environment for their products and the ability to achieve long-term financial objectives [24] - The company anticipates a positive adjusted EBITDA contribution from Mantle in 2026, despite it being dilutive in the near term [22][23] - Management noted that the primary driver of client churn is related to M&A activity, which they expect to benefit from in the long term [16][17] Other Important Information - The company ended the quarter with $87 million in cash and marketable securities, having reduced its revolver by $10 million [23] - The company expects to achieve revenue growth of 31% to 33% for the full year 2025, with adjusted EBITDA guidance raised to $51.5 million to $54 million [24] Q&A Session Summary Question: What kind of starting ARPU for new logos are you seeing compared to the blended average? - Mantle adds 30% to 40% of ARR to a new logo deal, with new logos averaging around $800,000 of ARR [28] Question: How did the new user growth parse out between new customers versus existing? - In Q2 2025, approximately 25% of the 400,000 new digital users were from implementations, while 75% were net additions from existing clients [31] Question: Can you provide an update on the bank channel and how Mantle can improve that opportunity? - The company plans to implement 16 banks on the online banking platform and is pleased with progress in the bank market [35][36] Question: Can you quantify the term fees that were brought ahead? - Term fees during the quarter represented about 70% of the revenue beat, with $1 million shifted from 2025 into the quarter [38] Question: What customer type has been most attracted to Mantle? - The buyer for Mantle is almost any financial institution, driven by the need to attract core deposits [42][43] Question: How does M&A impact the company? - The company has benefited from M&A activity, gaining close to 500,000 net digital users over the last four years [86] Question: What is the contribution of Mantle to the backlog this quarter? - Mantle contributed just over $10 million of revenue in the quarter and is on track to achieve $31.5 million for the year [88][89]
Alkami(ALKT) - 2025 Q2 - Earnings Call Presentation
2025-07-30 21:00
Alkami Technology Second Quarter 2025 Alkami Technology, Inc. Proprietary Information. Cautionary Statement Regarding Forward-Looking Statements This presentation contains "forward-looking" statements relating to Alkami Technology, Inc.'s strategy, goals, future focus areas, and expected, possible or assumed future results, including its future cash flows and its financial outlook. These forward-looking statements are based on management's beliefs and assumptions and on information currently available to ma ...
Alkami(ALKT) - 2025 Q2 - Quarterly Results
2025-07-30 20:11
Exhibit 99.1 Alkami Announces Second Quarter 2025 Financial Results PLANO, Texas, July 30, 2025 (PRNewswire) -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami" or "the Company"), a leading cloud- based digital banking solutions provider for financial institutions (FIs) in the U.S., today announced results for its second quarter ending June 30, 2025. Second Quarter 2025 Financial Highlights Comments on the News Alex Shootman, Chief Executive Officer, said, "We are very pleased to report strong financial per ...
Atomic Credit Union and PrimeWay Federal Credit Union Launch Alkami's HubSpot Integration to Power Data-Driven Engagements
Prnewswire· 2025-07-23 14:00
By linking behavioral insights with automated outreach, the integration enables institutions to save time, deliver more relevant experiences, increase efficiency, and drive stronger campaign outcomes PLANO, Texas, July 23, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced a powerful new integration between its Full Funnel Marketing (including Customer Insights & Marketing Au ...