Financial Performance - Alkami's Q1 2025 revenue grew by 28.5%, driven by new clients, existing client user growth, and ARPU growth[47] - The company's ARR increased by 33% to $404 million[48] - The remaining performance obligation (RPO) reached $1.6 billion, representing 3.9x live ARR, up 31% year-over-year[48] - Q1'25 includes MANTL revenue of $1.4 million based on acquisition closing date of March 17, 2025[60] Client and User Growth - Alkami implemented 7 clients in Q1 2025, bringing the total digital platform client count to 278[48] - The company exited Q1 2025 with 20.5 million registered users, up 2.3 million or 13% year-over-year[48] - Alkami signed 4 new digital banking platform clients in Q1[48] Market and Product Strategy - Alkami's total addressable market (TAM) is a growing, healthy $14 billion[18] - The company focuses on the top 2,500 financial institutions (FIs) excluding megabanks, with approximately 500 contracts up for renewal annually[16] - Full year 2025 revenue guidance of $443 million to $447 million and Adj EBITDA guidance of $49.5 million to $52.5 million[72] MANTL Acquisition - Full year guidance includes revenue of approximately $31.4 million and an Adj EBITDA loss of $5.0 million from the MANTL acquisition[72] - MANTL's ARR under contract at December 31, 2025 is expected to be approximately $60 million, representing a growth rate of over 30% based on the same metric in 2024[72]

Company Overview - Trump Media and Technology Group Corp. (TMTG) operates the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi [1][3] - The mission of TMTG is to combat perceived censorship by Big Tech and to provide a platform for free expression [3] Annual Meeting Information - TMTG has published a letter to shareholders ahead of its annual meeting scheduled for April 30, 2025 [1] - Shareholders can find details on how to vote and participate in the annual meeting at proxydocs.com/djt [2] Product Offerings - Truth Social is designed as a safe harbor for free expression amid increasing censorship [3] - Truth+ focuses on family-friendly live TV channels and on-demand content [3] - Truth.Fi is a new financial services and FinTech brand that incorporates America First investment vehicles [3]

Core Insights - Affirm will start reporting all pay-over-time loans to TransUnion from May 1, including Pay in 4 and longer-term monthly installments [1] - Transactions will be visible on consumers' TransUnion credit files but will not affect traditional credit scores; future credit scoring models may incorporate this data [2] - Affirm's initiative aims to make its financial products more mainstream, with 53% of non-BNPL users likely to consider using it if it could improve their credit scores [3] Industry Impact - Affirm's loan reporting to TransUnion is seen as a significant milestone for the BNPL industry, allowing millions of consumers to receive credit for their payment behavior [4] - The company has also begun furnishing information to Experian, expanding its credit reporting to include pay-over-time products [5] - The evolution of BNPL into a trusted service is emphasized by Affirm's CEO, highlighting the control consumers have over their payment schedules [5]

Investment Thesis Toast is, in my opinion, straightforward: The company enjoys strong moats that protect it from the existing competition, the Switching Costs moat, and the Network Effect moat. While enjoying the protection of its moat, Toast is still in its growth phase, with few main catalysts, namely the international expansion segments and vertical expansion launching new products. When pricing Toast to its median multiple within its comparable segments (Software and FinTech), Toast appears to be underv ...

Table of Contents As filed with the Securities and Exchange Commission on March 25, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Armada Acquisition Corp. II (Exact name of registrant as specified in its charter) Cayman Islands 6770 98-1815892 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identificati ...

Core Insights - Remitly Global, Inc. is set to present at two upcoming investor conferences, showcasing its commitment to engaging with investors and stakeholders [1] - The company operates a digital financial services platform that facilitates cross-border payments, serving over 170 countries [2] Group 1: Upcoming Events - Remitly will present at the Citizens JMP Technology Conference on March 4, 2025, at 11:30 a.m. Eastern Time [1] - The company will also participate in the Wolfe FinTech Forum on March 11, 2025, at 9:20 a.m. Eastern Time [1] - Both presentations will be available for live streaming and later replay on Remitly's investor relations website [1] Group 2: Company Overview - Remitly is recognized as a trusted provider of digital financial services that facilitate cross-border transactions [2] - The company's platform is designed to offer a fast, reliable, and transparent money movement experience for its customers [2] - Remitly is actively expanding its product offerings to enhance its vision and impact lives globally [2]