Alkami(US:ALKT)2025-07-30 21:00Company Overview - Alkami is a cloud-based digital banking platform serving U S financial institutions [5] - The company enables FIs to effectively compete with larger, more technologically advanced competitors [6] - Alkami empowers FIs to grow, drive user engagement, and improve operational efficiency [8] Market Opportunity and Strategy - Alkami's addressable market includes FIs with assets from $100 million to $450 billion, representing over 250 million digital users [11] - The total addressable market (TAM) is approximately $14 billion, based on 250 million digital users and $58 revenue per user (RPU) [12, 13] - The company focuses on the top 2,500 FIs, excluding megabanks, with an industry average contract length of 5 years, translating to approximately 500 annual renewals [16] - MANTL acquisition positions Alkami as a premier digital banking provider, expanding the market and stimulating go-to-market strategy [31] Financial Performance and Guidance - Q2 2025 revenue growth was 36%, driven by the MANTL acquisition, new clients, user growth, and ARPU growth [45] - The company's ARR increased 32% to $424 million [46] - Remaining performance obligation (RPO) reached $1.6 billion, representing 3 7 times live ARR [46] - Full year 2025 revenue guidance is $443 million to $447 million, with adjusted EBITDA guidance of $51 5 million to $54 0 million [69]