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Alkami Technology (ALKT)
NASDAQ:ALKT
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.09Last Year’s EPS
0.04Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -5.73%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call presented a predominantly positive outlook with strong revenue growth, user base expansion, and strategic acquisitions. Although there are challenges such as the initial EBITDA loss from the MANTL acquisition and expected client churn, the overall performance and strategic direction indicate a strong position for future growth.Company Guidance
During the Alkami Technology Fourth Quarter 2024 Financial Results Conference Call, the company provided detailed guidance and metrics for its future performance. For the full year 2024, Alkami reported a revenue growth of 26% and an adjusted EBITDA margin expansion of 900 basis points, resulting in an adjusted EBITDA of $26.9 million compared to a loss of $1.6 million in 2023. The company also highlighted that subscription revenue grew by 26.5% and represented almost 96% of total revenue. For the first quarter of 2025, Alkami provided revenue guidance in the range of $93.5 million to $95 million, representing growth of 23% to 25%, with an adjusted EBITDA guidance of $9.5 million to $10.5 million. For the full year 2025, Alkami anticipates revenue between $440 million to $445 million, translating to growth of 32% to 33%, and adjusted EBITDA of $47 million to $51 million. The acquisition of MANTL is expected to contribute approximately $30 million in revenue and a $5 million adjusted EBITDA loss in 2025, with MANTL's ARR projected to grow over 30% by the end of 2025.Strong Revenue Growth
Alkami reported a 26% revenue growth for the fourth quarter of 2024 and a 26% growth for the full year 2024, achieving total revenue of $333.8 million.
User Base Expansion
The company ended the quarter with 20 million users on the Alkami Platform, up 2.5 million from the prior year.
Improved Financial Metrics
Alkami achieved a 900 basis point expansion in adjusted EBITDA margin and improved operating cash flow by over $36 million for the year 2024.
Successful Strategic Acquisition
Alkami announced plans to acquire MANTL, enhancing its product offerings and cross-sell opportunities with minimal client overlap.
High Client Retention and Engagement
Alkami achieved a digital banking ARR churn of less than 1% in 2024 and implemented 38 financial institutions supporting 1.2 million digital users.
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ALKT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALKT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $28.96 | $30.84 | +6.49% |
| Oct 30, 2024 | $38.18 | $36.61 | -4.11% |
| Jul 31, 2024 | $32.73 | $33.86 | +3.45% |
| May 01, 2024 | $24.40 | $26.69 | +9.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Alkami Technology (ALKT) report earnings?
Alkami Technology (ALKT) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Alkami Technology (ALKT) earnings time?
Alkami Technology (ALKT) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALKT EPS forecast?
ALKT EPS forecast for the fiscal quarter 2025 (Q1) is 0.09.
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