secwatch.observer — SEC 8-K summary
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Issuer:     ALKAMI TECHNOLOGY, INC. (ALKT)
CIK:        0001529274
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001529274-23-000184
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alkami Q3 revenue $67.7M (+27% YoY); adjusted EBITDA positive $0.8M vs -$4.6M prior year
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- GAAP revenue $67.7M (+27% YoY); GAAP net loss ($15.4M) vs ($20.0M) in prior Q3.
- Non-GAAP gross margin 58.7% up from 56.8%; adjusted EBITDA $0.8M vs ($4.6M).
- Digital banking users 16.9M (+23%); Annual Recurring Revenue $275M (+29%).
- Revenue per user $16.28; added 7 new digital banking clients in Q3, 23 YTD.
- 35 clients in implementation representing $42M in ARR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529274/000152927423000184/0001529274-23-000184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529274/000152927423000184/alk-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001529274-23-000184

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