Alkami Q4 revenue $89.7M (+26% YoY), Adj EBITDA $10.2M; acquires MANTL for $400M enterprise value

ALKAMI TECHNOLOGY, INC.

Q4 revenue $89.7M (+25.6% YoY); GAAP net loss $(7.6)M vs $(12.7)M; Adj. EBITDA $10.2M vs $3.1M.
Full year 2024 revenue $333.8M (+26.1%); Adj. EBITDA $26.9M vs $(1.6)M.
Acquired MANTL for $400M enterprise value ($380M cash + $13M RSUs); close expected by March 31, 2025.
Credit facility amended: revolver increased to $225M, maturity extended to Feb 2030, rates reduced.

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