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Alkami to Present at the William Blair 45th Annual Growth Stock Conference
Prnewswire· 2025-05-23 12:00
PLANO, Texas, May 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 that company executive leadership will present at the 45th Annual William Blair Growth Stock Conference on Wednesday, June 4, 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 ...
Endava(DAVA) - 2025 Q3 - Earnings Call Transcript
2025-05-14 13:00
Endava (DAVA) Q3 2025 Earnings Call May 14, 2025 08:00 AM ET Speaker0 Good day, and welcome to Endava's Third Quarter of Fiscal Year twenty twenty five Conference Call. All participants will be in listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Ms. Laurent Madsen, Head of Investor Relations and ESG at Endava. Please go ahead. Speaker1 Thank you. Good afternoon, everyone, and welcome to Endava's third quarter of fiscal year twenty twenty five confer ...
Alkami Announces First Quarter 2025 Financial Results
Prnewswire· 2025-04-30 20:05
Core Insights - Alkami Technology, Inc. reported strong financial performance for Q1 2025, with revenue growth of 28.5% year-over-year and an Adjusted EBITDA of $12.1 million [2][9] - The company has expanded its user base to 20.5 million, an increase of 2.3 million from the previous year, and continues to gain market share in the digital banking sector [2][29] - Alkami's acquisition of MANTL is expected to enhance revenue growth and gross margin, contributing approximately $31.4 million in revenue for the full year 2025 [5][10] Financial Performance - Total revenue for Q1 2025 was $97.8 million, up from $76.1 million in Q1 2024, reflecting a 28.5% increase [9][26] - The company reported a GAAP net loss of $7.8 million, an improvement from a loss of $11.4 million in the same quarter last year [9][26] - Annual recurring revenue (ARR) reached $404 million, representing a 33% increase year-over-year, with revenue per registered user at $19.74, up 18% [2][29] Strategic Developments - Alkami's CEO highlighted ongoing efforts to enhance market presence, improve add-on sales, and invest in platform capabilities, particularly through the recent acquisition of MANTL [2][5] - The company is actively searching for a successor for its retiring CFO, Bryan Hill, who has been instrumental in the company's growth and financial strategy since 2019 [3][4] - The acquisition of MANTL is anticipated to be accretive to Alkami's overall revenue growth and gross margin expansion, with expectations for a positive impact on Adjusted EBITDA by 2026 [5][10] Market Position - Alkami continues to position itself as a leading provider of cloud-based digital banking solutions for financial institutions in the U.S., focusing on transforming retail and business banking [7] - The company aims to maintain its competitive edge by expanding its digital banking platform and enhancing customer engagement through innovative solutions [7][20]