Alkami Q4 revenue $71.4M (+29%); adjusted EBITDA turns positive at $3.1M

ALKAMI TECHNOLOGY, INC.

2023-FY EPS reported -$0.67 revenue$264,831,000

Q4 2023 GAAP revenue $71.4M, up 29% YoY; full-year revenue $264.8M, up 30%.
Q4 GAAP net loss $(12.7)M vs $(4.9)M in prior year; adjusted EBITDA $3.1M vs $(4.0)M loss.
Full-year adjusted EBITDA loss improved to $(1.6)M from $(17.6)M; gross margins expanded.
Ended 2023 with 17.5M registered users (+3M); ARR $291M, up 29% YoY.
Signed 39 new logos in 2023; remaining purchase obligation reached $1.1B.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ALKAMI TECHNOLOGY, INC. reported financial results for fourth quarter and full year ending December 31, 2023.

Period: fourth quarter and full year ending December 31, 2023
Result: reported results

Exact text from the filing

On February 28, 2024, Alkami Technology, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ending December 31, 2023.

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ALKAMI TECHNOLOGY, INC. filing history →

Source: SEC EDGAR

accession 0001529274-24-000024

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