earnings
confidence high
sentiment negative
materiality 0.65
Alkami Q2 revenue $50.5M (+38% YoY), net loss widens to $20.2M; FY22 rev guidance $204-208M
ALKAMI TECHNOLOGY, INC.
2022-Q2 EPS reported
-$0.37
revenue$95,320,000
- GAAP revenue $50.5M (+38% YoY); GAAP net loss $20.2M vs $11.4M YoY; adj EBITDA loss $5.3M.
- Annual Recurring Revenue $204M (+41% YoY); 13.3M digital banking users (+24% YoY).
- 7 new logos in Q2 (2 banks, 5 credit unions); 39 logos in implementation representing $38M ARR.
- FY22 guidance: revenue $204-208M, GAAP net loss $78-72M, adj EBITDA loss $23-20M.
- Non-GAAP gross margin 58% flat YoY; revenue per registered user $15.33 (+14% including Segmint).