secwatch.observer — SEC 8-K summary
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Issuer:     ALKAMI TECHNOLOGY, INC. (ALKT)
CIK:        0001529274
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001529274-23-000086
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alkami Q1 revenue $60M (+34% YoY); net loss widens to $17M
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- GAAP total revenue $60M, up 34% YoY; GAAP net loss $(17)M vs. $(13)M year-ago.
- Adjusted EBITDA loss $(3)M vs. $(4)M year-ago; non-GAAP gross margin 58%.
- Digital banking users 15.1M (+18% YoY); ARR $240M (+36% YoY); revenue per user $15.88.
- FY 2023 guidance: revenue $265M-$268M, adjusted EBITDA loss $(11)M to $(9)M.
- Closed 6 new logos; add-on sales >50% of new sales; 42 logos in implementation totaling $47.1M ARR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529274/000152927423000086/0001529274-23-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529274/000152927423000086/alk-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001529274-23-000086

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer