Highest-materiality recent filing
Alkami Q2 revenue $129.8M (+15.9% YoY); Adj. EBITDA $19.4M beats expectations
GAAP revenue $129.8M, up 15.9% YoY; GAAP net loss narrowed to $(8.9)M from $(13.6)M.
Alkami stockholders elect all three Class II directors, ratify EY auditor, approve say-on-pay
All three Class II director nominees elected: Kane (70.3M for), Shootman (70.2M for), Smith (52.1M for, 19.3M withheld).
Alkami amends credit agreement to allow up to $100M in stock repurchases
Fifth Amendment to credit agreement permits up to $100M cash used for common stock buybacks.
Alkami Q1 2026 revenue $126M (+29% YoY), Adj EBITDA $22.3M, authorizes $100M buyback
GAAP revenue $126.1M (+28.9% YoY); GAAP net loss $(10.0)M vs $(7.8)M.
Alkami appoints Jeffrey Fox and Judson Linville to Board; size increases to 11
Jeffrey Fox, CEO of Circumference Group, and Judson Linville, former Citigroup exec, join Board effective after 2026 Annual Meeting.
Alkami Q4 revenue $120.8M (+35%); adjusted EBITDA nearly doubles to $19.1M
GAAP Q4 revenue $120.8M (+34.7% YoY); net loss $11.4M vs $7.6M loss year ago.
Alkami Q3 revenue $113M (+31.5%), EBITDA $16M; appoints Cassandra Hudson as CFO
Q3 revenue $113.0M (+31.5% YoY); GAAP net loss $(14.8)M vs $(9.4)M YoY.
Alkami Q2 rev $112.1M (+36% YoY), Adj EBITDA $11.9M, ARR $424M (+32%), users 20.9M
GAAP revenue $112.1M (+36.4% YoY); GAAP net loss $(13.6)M vs $(12.3)M YoY.
Alkami appoints Susanna Morgan to board, effective July 23, 2025
Susanna Morgan appointed as Class III director, term expiring at 2027 annual meeting.
Alkami stockholders elect directors, ratify EY, approve say-on-pay annually
Maria Alvarez, Raphael Osnoss, Joseph Payne elected as Class I directors with 69.6M, 50.6M, 71.3M votes for, respectively.
GAAP net loss narrowed to $(7.8)M from $(11.4)M; Adjusted EBITDA $12.1M (vs $3.8M a year ago).
Alkami closes acquisition of MANTL for ~$380M cash plus $13M RSUs
Aggregate consideration ~$380M cash plus $13M in RSUs for unvested MANTL options.
Alkami issues $345M 1.50% convertible notes due 2030, enters capped call transactions
Issued $345M principal of 1.50% convertible senior notes due 2030, including $45M from full greenshoe exercise.
Alkami Q4 revenue $89.7M (+26% YoY), Adj EBITDA $10.2M; acquires MANTL for $400M enterprise value
Q4 revenue $89.7M (+25.6% YoY); GAAP net loss $(7.6)M vs $(12.7)M; Adj. EBITDA $10.2M vs $3.1M.
Alkami selling stockholders sell 7.5M shares in secondary offering
7,500,000 shares of common stock sold by stockholders including General Atlantic, S3 Ventures, George B. Kaiser, and Brian R. Smith.
Alkami Q3 revenue $85.9M (+27% YoY); adjusted EBITDA turns positive at $8.3M
Revenue $85.9M (+26.9% YoY); subscription revenue grew 27%.
Alkami Technology secondary offering: 5M shares sold by existing stockholders
Entered underwriting agreement for secondary offering of 5,000,000 shares of common stock by selling stockholders.
Alkami Q2 revenue $82.2M (+24.9% YoY); adjusted EBITDA turns positive at $4.6M
Revenue $82.2M, up 24.9% YoY; subscription revenue grew 28%.
Alkami names Prerna Sachdeva principal accounting officer effective August 5, 2024
Prerna Sachdeva appointed principal accounting officer effective Aug 5, 2024; she previously joined as CAO on June 12, 2024.
Alkami amends credit agreement: revolver increased to $125M, maturity extended to 2027
Revolver commitment increased by $65M to $125M; maturity extended from April 2026 to April 2027.
Alkami amends credit agreement: revolver increased by $65M to $125M, maturity extended to 2027
Revolving commitment raised $65M to $125M; maturity extended from Apr 2026 to Apr 2027.
Alkami stockholders elect Mitchell and Yastine as Class III directors, ratify EY as auditor
Steven Mitchell elected with 68.5M votes for (80.1% of votes cast); Barbara Yastine with 81.4M for (95.2%).
Alkami Q1 revenue $76.1M (+26.9% YoY); Adjusted EBITDA turns positive at $3.8M
GAAP revenue $76.1M, up 26.9% YoY; GAAP net loss improved to $(11.4)M from $(17.0)M.
Alkami CAO Kristy Ramundi resigns; CFO Bryan Hill assumes interim role
CAO Kristy Ramundi resigned March 27 to pursue other opportunities; will stay through June 30 for transition.
Alkami Q4 revenue $71.4M (+29%); adjusted EBITDA turns positive at $3.1M
Q4 2023 GAAP revenue $71.4M, up 29% YoY; full-year revenue $264.8M, up 30%.
Alkami Q3 revenue $67.7M (+27% YoY); adjusted EBITDA positive $0.8M vs -$4.6M prior year
GAAP revenue $67.7M (+27% YoY); GAAP net loss ($15.4M) vs ($20.0M) in prior Q3.
Alkami Technology reduces HQ space 33% and extends lease through 2033
Leased space reduced from ~125,468 sf to 83,939 sf effective Dec 31, 2023; surrenders Suite 120 second floor and Suite 1300.
Alkami Q2 revenue $66M (+30% YoY); net loss narrows to $18M; adds 10 new clients
Revenue $66M (+30% YoY); GAAP net loss $(18)M vs $(20)M in Q2 2022.
Alkami increases credit facility by $20M, extends maturity to April 2026
Revolving loan commitment increased by $20M to $60M; Citibank added as new lender.
Alkami Technology reports 2023 annual meeting vote results; all director nominees elected
Four Class II directors elected: Charles Kane, Raphael Osnoss, Alex Shootman, Brian R. Smith.
Alkami Q1 revenue $60M (+34% YoY); net loss widens to $17M
GAAP total revenue $60M, up 34% YoY; GAAP net loss $(17)M vs. $(13)M year-ago.
Alkami discloses $3.3M deposits and $8.3M sweep accounts at failed Silicon Valley Bank
Aggregate $3.3M deposit balance at SVB equals ~2% of total cash and marketable securities reported in 2022 10-K.
Alkami corrects SBC guidance to ~19% of 2023 revenue, up from ~9% stated on call
During Q4 2022 earnings call, Alkami inadvertently said stock-based compensation would be ~9% of 2023 revenue.
Alkami Q4 revenue $55.5M (+31% YoY); net loss narrows to $4.9M; 2023 revenue guidance $240-244M
Q4 GAAP revenue $55.5M (+31% YoY); full-year revenue $204.3M (+34% YoY).
Alkami grants CFO Bryan Hill $215,000 one-time discretionary bonus
Compensation Committee approved the bonus on February 15, 2023.
Alkami amends CO-OP reseller agreement: reduced fees, extended term to Dec 2026
Sixth Amendment reduces per-transaction bill payment fees and moves from tiered to flat-rate pricing effective Jan 1, 2023.
Eugene Lockhart resigns from Alkami Technology Board, effective Dec 31, 2022
Eugene Lockhart notified his resignation from the Board on December 16, 2022, effective December 31, 2022.
Alkami Technology appoints Maria Alvarez to its Board, two directors step down effective Dec 31
Merline Saintil resigns from Board effective Dec 31, 2022; no disagreement with company.
Alkami Q3 revenue $53.4M (+34% YoY); net loss widens to $(20.0)M; ARR $214M (+38%)
GAAP revenue $53.4M (+34% YoY); GAAP net loss $(20.0)M vs $(11.2)M; Adjusted EBITDA loss improved to $(4.6)M from $(6.1)M
Alkami Q2 revenue $50.5M (+38% YoY), net loss widens to $20.2M; FY22 rev guidance $204-208M
GAAP revenue $50.5M (+38% YoY); GAAP net loss $20.2M vs $11.4M YoY; adj EBITDA loss $5.3M.
Alkami stockholders elect three Class I directors and ratify Ernst & Young as auditor for FY2022
Todd Clark elected with 66,664,320 for / 12,083,329 withheld; Michael Hansen: 65,636,228 / 13,111,421; Gary Nelson: 61,196,102 / 17,551,547.
Alkami Q1 revenue $44.8M (+35% YoY); net loss widens to $13.4M
GAAP revenue $44.8M, up 35% YoY; GAAP gross margin 55% vs 53% prior year.
Alkami enters amended $125M credit facility; $85M term loan drawn to fund Segmint acquisition
New $85M term loan drawn at closing; proceeds used to replenish cash for Segmint acquisition closed April 25, 2022.
Alkami closes acquisition of Segmint for ~$135.5M
Merger with Segmint, a marketing analytics and messaging platform for financial institutions, completed on April 25, 2022.
Alkami acquires Segmint for $135.5M cash to expand data analytics capabilities
Purchase price of $135.5M in cash; expected close in Q2 2022 subject to regulatory approvals.
Alkami Q4 revenue $42.4M (+27% YoY), net loss $13.3M, ARR $169M, 22 new logos
GAAP net loss $13.3M vs $12.5M Q4 2020; full-year net loss $46.8M vs $51.4M.
Alkami Q3 revenue $39.8M (+37% YoY); appoints Alex Shootman as CEO
GAAP revenue $39.8M (+37% YoY); GAAP net loss ($11.2M) improved from ($21.3M) YoY.
Alkami acquires MK Decision for $20M plus up to $25M earn-out
Base purchase price $20M; $2M holdback released in 12/18 months; earn-out up to $25M tied to 2022/2023 revenue milestones.
Alkami Q2 revenue $36.7M (+38% YoY), GAAP net loss $11.4M, beats expectations
GAAP total revenue $36.7M, up 38% YoY; GAAP gross margin 55.9% (+550 bps).
Bryan Hill, our Chief Financial Officer, notified the Company on April 25, 2025, that he intends to retire on the earlier of February 27, 2026, or 15 days after the Company hires his successor
On July 25, 2024, the board of directors (the “Board”) of Alkami Technology, Inc. (the “Company”) appointed Prerna Sachdeva as the Company’s principal accounting officer, effective on August 5, 2024.
Effective as of Mrs. Sachdeva’s appointment, Bryan Hill, the Company’s Chief Financial Officer and principal financial officer, will no longer serve as the Company’s interim principal accounting officer.
Effective immediately, Bryan Hill, the Company’s Chief Financial Officer, will assume the role of principal accounting officer on an interim basis while the Company conducts a search for a permanent replacement to fill that role.
On March 27, 2024, Kristy Ramundi, Chief Accounting Officer and principal accounting officer of Alkami Technology, Inc. (the “Company”), submitted her resignation to pursue other opportunities.
On December 16, 2022, Eugene Lockhart, a member of the Board of Directors (the “Board”) of Alkami Technology, Inc. (the “Company”), notified the Company of his resignation from the Board, effective December 31, 2022.
Michael Hansen, the Company's former Chief Executive Officer and a member of the Board, notified the Company of his resignation from the Board, effective December 31, 2022, in connection with the completion of his Board service as contemplated by his Transition and Separation Agreement with the Company, dated November 4, 2021.
Merline Saintil, a member of the Board of Directors (the “Board”) of Alkami Technology, Inc. (the “Company”), notified the Company of her resignation from the Board, effective December 31, 2022.
Maria I. Alvarez to the Board, effective January 1, 2023, to fill the vacancy created by the departure of Mr. Hansen.
appointed Mr. Shootman as a Class II director to fill the resulting vacancy
appointed Alex Shootman as Chief Executive Officer of the Company, effective November 5, 2021
Mr. Hansen will transition to the role of Advisor to the Board and remain employed by the Company through December 17, 2021
Max materiality 0.85 · Median 0.65 · Most common event earnings