ALKT - Alkami Technology, Inc. Stock Price, Fair Value and News

27.73USD+1.09 (+4.09%)Delayed

Market Summary

USD27.73+1.09

Delayed

4.09%

ALKT Alerts

3 major insider sales recently.

Big jump in Revenue (Y/Y)
Losses in recent quarter

ALKT Stock Price

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ALKT RSI Chart

ALKT Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

-47.12

Price/Sales (Trailing)

9.62

EV/EBITDA

-64.81

Price/Free Cashflow

-335.04

ALKT Price/Sales (Trailing)

ALKT Profitability

EBT Margin

-20.41%

Return on Equity

-17.77%

Return on Assets

-14.43%

Free Cashflow Yield

-0.3%

ALKT Fundamentals

ALKT Revenue

Revenue (TTM)

281.0M

Rev. Growth (Yr)

26.89%

Rev. Growth (Qtr)

6.67%

ALKT Earnings

Earnings (TTM)

-57.4M

Earnings Growth (Yr)

32.6%

Earnings Growth (Qtr)

10.07%

Breaking Down ALKT Revenue

Last 7 days

6.3%

Last 30 days

16.3%

Last 90 days

6.4%

Trailing 12 Months

95.3%

How does ALKT drawdown profile look like?

ALKT Financial Health

Current Ratio

3.92

ALKT Investor Care

Shares Dilution (1Y)

5.01%

Diluted EPS (TTM)

-0.61

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	281.0M	0	0	0
2023	219.5M	234.7M	249.0M	264.8M
2022	163.7M	177.5M	191.2M	204.3M
2021	122.2M	132.2M	143.0M	152.2M
2020	83.2M	92.8M	102.5M	112.1M
2019	0	0	0	73.5M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Alkami Technology, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	linebarger douglas a.	sold	-131,515	27.1837	-4,838	chief legal officer
May 07, 2024	general atlantic genpar (bermuda), l.p.	sold	-40,931,000	26.53	-1,542,820	-
May 07, 2024	general atlantic, l.p.	sold	-40,931,000	26.53	-1,542,820	-
May 07, 2024	linebarger douglas a.	acquired	11,320	2.34	4,838	chief legal officer
May 06, 2024	linebarger douglas a.	sold	-1,905,520	26.827	-71,030	chief legal officer
May 06, 2024	linebarger douglas a.	acquired	127,895	1.80057	71,030	chief legal officer
Apr 09, 2024	bohanon stephen	acquired	51,442	2.42918	21,177	chief strategy & product offr.
Apr 05, 2024	nelson gary lynn	acquired	-	-	541	-
Apr 05, 2024	alvarez maria ines	acquired	-	-	375	-
Apr 05, 2024	smith brian r	acquired	-	-	666	-

Which funds bought or sold ALKT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-3.77	-26,892	1,048,400	-%
May 16, 2024	COMERICA BANK	unchanged	-	53.00	4,079	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-41.64	-305,446	441,866	-%
May 15, 2024	AMUNDI	unchanged	-	-21,408	598,428	-%
May 15, 2024	ALGERT GLOBAL LLC	new	-	624,000	624,000	0.02%
May 15, 2024	JANUS HENDERSON GROUP PLC	added	-	6,724	548,217	-%
May 15, 2024	D. E. Shaw & Co., Inc.	reduced	-28.71	-531,807	1,383,090	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	sold off	-100	-1,708,120	-	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-68.75	-2,285,790	1,058,990	-%
May 15, 2024	Royal Bank of Canada	reduced	-90.23	-262,000	28,000	-%

Are Funds Buying or Selling ALKT?

Are funds buying ALKT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ALKT

No. of Funds

Unveiling Alkami Technology, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	s3 ventures fund iii, l.p.	21.2%	19,375,075	SC 13G/A
Feb 14, 2023	d1 capital partners l.p.	2.7%	2,437,455	SC 13G/A
Jan 19, 2023	arg private equity ii, llc	13.78%	12,608,061	SC 13G/A
Feb 14, 2022	d1 capital partners l.p.	6.6%	5,828,511	SC 13G
Feb 11, 2022	arg private equity ii, llc	14.30%	12,608,061	SC 13G
Feb 11, 2022	general atlantic, l.p.	21.2%	18,729,806	SC 13G
Feb 09, 2022	s3 ventures fund iii, l.p.	22.0%	19,355,610	SC 13G

Recent SEC filings of Alkami Technology, Inc.

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading

Peers (Alternatives to Alkami Technology, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	277.0B	34.9B	3.35%	33.87%	66.98	7.95	11.18%	1888.46%
UBER	137.2B	38.6B	-8.72%	67.31%	98.72	3.56	14.01%	141.26%
ADSK	47.3B	5.3B	2.96%	8.03%	51.62	8.85	9.15%	48.14%
ANSS	28.6B	2.2B	0.65%	6.79%	65.84	12.85	3.59%	-21.47%
ZM	19.3B	4.5B	8.62%	-7.71%	30.27	4.26	3.06%	514.65%
MID-CAP
APPF	8.7B	671.8M	11.01%	66.39%	113.53	12.92	33.64%	185.98%
LYFT	6.7B	4.7B	-3.99%	99.28%	-36.23	1.43	10.90%	88.31%
ALRM	3.5B	895.2M	7.46%	35.00%	38.7	3.87	5.72%	46.94%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	3.2B	296.4M	28.11%	-1.60%	-11.7	10.73	11.14%	-3.59%
AGYS	2.7B	228.1M	21.43%	43.87%	31.34	11.99	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
AEYE	256.1M	31.6M	76.57%	260.07%	-43.61	8.1	2.76%	43.72%
APPS	253.0M	572.4M	33.33%	-82.31%	-1.28	0.44	-19.38%	-489.49%
ASUR	193.1M	117.7M	5.95%	-44.01%	-19.58	1.64	12.54%	11.24%

Alkami Technology, Inc. News

Latest updates

Alkami Technology, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	6.7%	76,127,000	71,369,000	67,703,000	65,763,000	59,996,000	55,538,000	53,412,000	50,530,000	44,790,000	42,435,000	39,761,000	36,701,000	33,262,000	33,325,000	28,941,000	26,666,000	23,210,000	-
Gross Profit	10.2%	44,032,000	39,949,000	36,550,000	35,474,000	32,138,000	28,673,000	27,568,000	27,273,000	24,810,000	23,147,000	22,374,000	20,521,000	17,765,000	19,253,000	15,165,000	13,430,000	11,308,000	-
Operating Expenses	6.3%	56,397,000	53,048,000	52,337,000	53,347,000	49,084,000	34,153,000	47,387,000	46,657,000	37,816,000	36,169,000	33,516,000	30,334,000	26,704,000	30,476,500	21,755,000	20,540,000	21,487,000	-
S&GA Expenses	16.7%	13,843,000	11,863,000	11,933,000	13,883,000	10,878,000	8,988,500	9,721,000	10,204,000	7,898,000	6,271,000	7,216,000	5,326,000	5,406,000	4,135,000	3,998,000	3,910,000	4,640,000	-
R&D Expenses	6.2%	22,820,000	21,491,000	21,755,000	20,866,000	20,549,000	20,356,000	18,222,000	16,595,000	14,156,000	12,903,000	12,877,000	12,107,000	10,913,000	10,842,000	9,898,000	9,780,000	9,689,000	-
EBITDA Margin	13.8%	-0.15	-0.17	-0.15	-0.19	-0.22	-0.23	-0.30	-0.29	-0.27	-0.28	-0.29	-0.39	-0.40	-0.43	-	-	-	-
Interest Expenses	-96.1%	73,000	1,870,000	1,931,000	1,826,000	1,757,000	1,514,000	1,185,000	863,000	288,000	278,000	300,000	298,000	310,000	264,000	22,000	99,000	104,000	-
Income Taxes	170.2%	200,000	-285,000	39,000	100,000	196,000	-561,000	-200,000	200,000	100,000	172,000	-	-	-	-	-	-	-	-
Earnings Before Taxes	13.5%	-11,244,000	-12,992,000	-15,437,000	-17,673,000	-16,767,000	-5,453,000	-20,212,000	-20,077,000	-13,319,000	-13,177,000	-11,219,000	-11,375,000	-10,879,000	-12,486,000	-21,347,000	-7,267,000	-10,255,000	-
EBT Margin	14.0%	-0.20	-0.24	-0.22	-0.26	-0.28	-0.29	-0.35	-0.33	-0.30	-0.31	-0.32	-0.42	-0.43	-0.46	-	-	-	-
Net Income	10.1%	-11,433,000	-12,713,000	-15,476,000	-17,761,000	-16,963,000	-4,912,000	-20,049,000	-20,233,000	-13,406,000	-13,349,000	-11,219,000	-11,375,000	-10,879,000	-12,486,000	-21,347,000	-7,267,000	-10,255,000	-
Net Income Margin	14.0%	-0.20	-0.24	-0.22	-0.25	-0.28	-0.29	-0.35	-0.33	-0.30	-0.31	-0.32	-0.42	-0.43	-0.46	-0.41	-0.45	-0.50	-0.57
Free Cashflow	111.5%	645,000	-5,589,000	2,771,000	-5,898,000	-9,844,000	-14,093,000	-5,050,000	-11,332,000	-8,627,000	-12,407,000	-4,907,000	-10,633,000	-2,132,000	-15,692,000	-3,201,000	-5,414,000	-15,985,000	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	-0.5%	398	400	482	473	482	489	485	491	431	437	442	425	248	249
Current Assets	-2.0%	146	149	233	226	237	242	255	261	340	345	351	368	191	193
Cash Equivalents	7.9%	44.00	41.00	76.00	90.00	114	109	104	97.00	192	313	321	343	167	172
Net PPE	7.5%	18.00	17.00	16.00	15.00	14.00	14.00	13.00	14.00	13.00	12.00	11.00	10.00	10.00	10.00
Goodwill	0%	148	148	148	148	100	148	146	147	48.00	48.00	48.00	17.00	17.00	16.00
Liabilities	-0.2%	75.00	75.00	161	150	154	155	157	156	89.00	92.00	96.00	73.00	78.00	69.00
Current Liabilities	-5.7%	37.00	39.00	49.00	42.00	42.00	42.00	40.00	37.00	35.00	33.00	36.00	30.00	29.00	20.00
Long Term Debt	-	-	-	76.00	78.00	80.00	81.00	82.00	83.00	22.00	23.00	24.00	24.00	24.00	25.00
LT Debt, Current	-	-	-	6.00	5.00	4.00	3.00	2.00	1.00	2.00	2.00	1.00	1.00	1.00	0.00
LT Debt, Non Current	-	-	-	76.00	78.00	80.00	81.00	82.00	83.00	22.00	23.00	24.00	24.00	24.00	25.00
Shareholder's Equity	-0.6%	323	325	322	323	328	334	328	336	342	345	346	351	-	-
Retained Earnings	-2.6%	-446	-435	-422	-407	-389	-372	-367	-347	-327	-313	-300	-289	-277	-263
Additional Paid-In Capital	1.2%	770	760	744	730	717	706	695	683	669	658	646	640	4.00	-
Shares Outstanding	0.8%	98.00	97.00	95.00	94.00	93.00	92.00	91.00	91.00	90.00	65.00	88.00	40.00	6.00	5.00
Float	-	-	-	-	687	-	-	-	521	-	-	-	973	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	117.9%	951	-5,305	3,128	-5,710	-9,615	-13,825	-4,746	-11,129	-8,345	-12,157	-4,514	-10,336	-1,952	-15,023	-3,126	-5,206	-14,790	-
Share Based Compensation	1.8%	13,552	13,317	13,515	12,959	11,440	11,636	11,612	11,424	9,920	6,742	3,352	3,023	1,418	606	439	450	459	-
Cashflow From Investing	-86.5%	6,808	50,269	-16,262	-15,861	15,765	23,748	11,972	-145,904	-113,567	-1,552	-19,025	-696	-750	-25,742	-75.00	-208	-1,195	-
Cashflow From Financing	94.6%	-4,507	-83,018	-781	-3,452	-568	-1,714	309	61,961	623	5,387	1,464	187,435	-2,013	6,776	193,304	11,925	13,041	-
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	3.00	-	-	3,497	3,207	-	-	-	-

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ALKT Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Income Statement [Abstract]

Revenues

$ 76,127

$ 59,996

Cost of revenues

^[1]

32,095

27,858

Gross profit

44,032

32,138

Operating expenses:

Research and development

22,820

20,549

Sales and marketing

13,843

10,878

General and administrative

19,315

17,111

Acquisition-related expenses

186

Amortization of acquired intangibles

359

360

Total operating expenses

56,397

49,084

Loss from operations

(12,365)

(16,946)

Non-operating income (expense):

Interest income

1,082

1,726

Interest expense

(73)

(1,757)

Gain on financial instruments

112

210

Loss before income taxes

(11,244)

(16,767)

Provision for income taxes

189

196

Net loss

$ (11,433)

$ (16,963)

Net loss per share attributable to common stockholders:

Basic (in dollars per share)

$ (0.12)

$ (0.18)

Diluted (in dollars per share)

$ (0.12)

$ (0.18)

Weighted-average number of shares of common stock outstanding:

Basic (in shares)

96,945,232

92,397,341

Diluted (in shares)

96,945,232

92,397,341

[1]	Includes amortization of acquired technology of $1.3 million for both the three months ended March 31, 2024 and 2023.

ALKT Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 44,179	$ 40,927
Marketable securities	43,125	51,196
Accounts receivable, net	35,717	35,499
Deferred costs, current	11,081	10,329
Prepaid expenses and other current assets	11,531	10,634
Total current assets	145,633	148,585
Property and equipment, net	18,217	16,946
Right-of-use assets	15,479	15,754
Deferred costs, net of current portion	31,499	30,734
Intangibles, net	34,111	35,807
Goodwill	148,050	148,050
Other assets	4,653	3,949
Total assets	397,642	399,825
Current liabilities
Accounts payable	6,533	7,478
Accrued liabilities	16,902	19,763
Deferred revenues, current portion	12,497	10,984
Lease liabilities, current portion	1,242	1,205
Total current liabilities	37,174	39,430
Deferred revenues, net of current portion	17,525	15,384
Deferred income taxes	1,738	1,713
Lease liabilities, net of current portion	18,065	18,052
Other non-current liabilities	233	305
Total liabilities	74,735	74,884
Stockholders’ Equity
Preferred stock, $0.001 par value, 10,000,000 shares authorized and 0 shares issued and outstanding as of March 31, 2024 and December 31, 2023	0	0
Common stock, $0.001 par value, 500,000,000 shares authorized; and 97,515,483 and 96,722,098 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	98	97
Additional paid-in capital	769,608	760,210
Accumulated deficit	(446,799)	(435,366)
Total stockholders’ equity	322,907	324,941
Total liabilities and stockholders' equity	$ 397,642	$ 399,825

About Alkami Technology, Inc.

Alkami Technology, Inc. offers cloud-based digital banking solutions in the United States. The company's Alkami Platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a proprietary, cloud-based, and multi-tenant architecture. It serves community, regional, and super-regional credit unions and banks. Alkami Technology, Inc. was founded in 2009 and is headquartered in Plano, Texas.

CEO	Mr. Alex P. Shootman
WEBSITE	alkami.com
INDUSTRY	Software - Apps
EMPLOYEES	851

Alkami Technology, Inc. Frequently Asked Questions

What is the ticker symbol for Alkami Technology, Inc.? What does ALKT stand for in stocks?

ALKT is the stock ticker symbol of Alkami Technology, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Alkami Technology, Inc. (ALKT)?

As of Fri May 17 2024, market cap of Alkami Technology, Inc. is 2.7 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ALKT stock?

You can check ALKT's fair value in chart for subscribers.

What is the fair value of ALKT stock?

You can check ALKT's fair value in chart for subscribers. The fair value of Alkami Technology, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Alkami Technology, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ALKT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Alkami Technology, Inc. a good stock to buy?

The fair value guage provides a quick view whether ALKT is over valued or under valued. Whether Alkami Technology, Inc. is cheap or expensive depends on the assumptions which impact Alkami Technology, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ALKT.

What is Alkami Technology, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ALKT's PE ratio (Price to Earnings) is -47.12 and Price to Sales (PS) ratio is 9.62. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ALKT PE ratio will change depending on the future growth rate expectations of investors.