earnings
confidence high
sentiment positive
materiality 0.75
Alkami Q2 revenue $129.8M (+15.9% YoY); Adj. EBITDA $19.4M beats expectations
ALKAMI TECHNOLOGY, INC.
- GAAP revenue $129.8M, up 15.9% YoY; GAAP net loss narrowed to $(8.9)M from $(13.6)M.
- Adjusted EBITDA $19.4M, up from $11.9M YoY; margin 14.9% expanded ~430 bps.
- ARR $511.7M, up 21% YoY; digital banking users 23.6M, up 2.7M in 12 months.
- Added 37 new digital banking logos in last 12 months, including 15 banks.
- Revenue per registered user $21.69, up 7.0% YoY.