earnings
confidence high
sentiment positive
materiality 0.75
Alkami Q1 revenue $44.8M (+35% YoY); net loss widens to $13.4M
ALKAMI TECHNOLOGY, INC.
2022-Q1 EPS reported
-$0.15
revenue$44,790,000
- GAAP revenue $44.8M, up 35% YoY; GAAP gross margin 55% vs 53% prior year.
- GAAP net loss $13.4M vs $10.9M; adjusted EBITDA loss improved to $3.6M from $6.1M.
- Digital banking users 12.8M (+28% YoY); ARR $177M (+32% YoY); revenue per user $13.80.
- Added 5 new logos, 4 renewals; 40 logos in implementation representing $37M ARR.