earnings
confidence high
sentiment positive
materiality 0.80
Alkami Q2 revenue $36.7M (+38% YoY), GAAP net loss $11.4M, beats expectations
ALKAMI TECHNOLOGY, INC.
2021-Q2 EPS reported
-$0.56
revenue$69,963,000
- GAAP total revenue $36.7M, up 38% YoY; GAAP gross margin 55.9% (+550 bps).
- GAAP net loss $11.4M vs $7.3M in prior year; adjusted EBITDA loss narrowed to $5.4M from $6.0M.
- Added 740k digital banking users, total 10.7M; annual recurring revenue $144.7M; revenue per user $13.48.
- Non-GAAP gross margin 57.5%, expanding 680 bps YoY; three new bank clients secured in July.