8-K
filed November 4, 2021, 7:59 PM ET
ticker ALKT
CIK 0001529274
earnings
confidence high
sentiment positive
materiality 0.80
Alkami Q3 revenue $39.8M (+37% YoY); appoints Alex Shootman as CEO
ALKAMI TECHNOLOGY, INC.
2021-Q3 EPS reported
-$0.60
revenue$109,724,000
- GAAP revenue $39.8M (+37% YoY); GAAP net loss ($11.2M) improved from ($21.3M) YoY.
- Non-GAAP gross margin 57.9% (+520 bps YoY); added 675k digital banking users to 11.4M total.
- Adjusted EBITDA loss ($6.1M) vs ($5.4M) prior year; annual recurring revenue $155M.
- Alex Shootman appointed CEO effective Nov 5; replaces Mike Hansen who remains advisor and on board.
- Shootman previously CEO of Workfront; receives 1M RSUs, $450k base salary, 100% target bonus.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Alex Shootman was appointed as Class II Director at ALKAMI TECHNOLOGY, INC..
- Action
- appointed
- Role
- Class II Director
Exact text from the filing
appointed Mr. Shootman as a Class II director to fill the resulting vacancy
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Alex Shootman was appointed as Chief Executive Officer at ALKAMI TECHNOLOGY, INC..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
appointed Alex Shootman as Chief Executive Officer of the Company, effective November 5, 2021
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael Hansen changed role as Advisor to the Board at ALKAMI TECHNOLOGY, INC..
- Action
- transitioned
- Role
- Advisor to the Board
Exact text from the filing
Mr. Hansen will transition to the role of Advisor to the Board and remain employed by the Company through December 17, 2021
View on SEC.gov
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