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

24.51USD+0.65 (+2.72%)Market Closed

Market Summary

USD24.51+0.65

Market Closed

2.72%

ALKT Alerts

1 major insider sales recently.

ALKT Stock Price

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ALKT RSI Chart

ALKT Valuation

Market Cap

2.4B

Price/Earnings (Trailing)

-37.7

Price/Sales (Trailing)

8.96

EV/EBITDA

-51.96

Price/Free Cashflow

-127.78

ALKT Price/Sales (Trailing)

ALKT Profitability

EBT Margin

-23.74%

Return on Equity

-19.36%

Return on Assets

-15.74%

Free Cashflow Yield

-0.78%

ALKT Fundamentals

ALKT Revenue

Revenue (TTM)

264.8M

Rev. Growth (Yr)

28.5%

Rev. Growth (Qtr)

5.41%

ALKT Earnings

Earnings (TTM)

-62.9M

Earnings Growth (Yr)

-158.82%

Earnings Growth (Qtr)

17.85%

Breaking Down ALKT Revenue

Last 7 days

3.1%

Last 30 days

2.2%

Last 90 days

-1.0%

Trailing 12 Months

104.3%

How does ALKT drawdown profile look like?

ALKT Financial Health

Current Ratio

3.77

ALKT Investor Care

Shares Dilution (1Y)

5.00%

Diluted EPS (TTM)

-0.67

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

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>

Returns of $10,000 invested in:

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

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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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
Apr 09, 2024	bohanon stephen	acquired	51,442	2.42918	21,177	chief strategy & product offr.
Apr 05, 2024	mitchell steven r	acquired	-	-	354	-
Apr 05, 2024	smith brian r	acquired	-	-	666	-
Apr 05, 2024	clark christopher todd	acquired	-	-	437	-
Apr 05, 2024	nelson gary lynn	acquired	-	-	541	-
Apr 05, 2024	alvarez maria ines	acquired	-	-	375	-
Mar 19, 2024	bohanon stephen	sold	-118,384	23.5684	-5,023	chief strategy & product offr.
Mar 18, 2024	bohanon stephen	sold	-668,831	23.0219	-29,052	chief strategy & product offr.
Mar 15, 2024	linebarger douglas a.	sold	-102,527	23.5045	-4,362	chief legal officer
Mar 15, 2024	linebarger douglas a.	acquired	7,415	1.7	4,362	chief legal officer

Which funds bought or sold ALKT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-10.64	-304,987	2,919,920	-%
Apr 25, 2024	Allworth Financial LP	unchanged	-	2.00	172	-%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	unchanged	-	2,062	158,305	-%
Apr 25, 2024	Lindbrook Capital, LLC	unchanged	-	118	9,091	-%
Apr 24, 2024	Arlington Capital Management, Inc.	added	29.48	399,585	1,680,830	1.40%
Apr 23, 2024	AMALGAMATED BANK	reduced	-77.23	-103,000	31,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	added	4.27	149,794	536,022	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	79.17	361,851	805,626	-%
Apr 18, 2024	SJS Investment Consulting Inc.	reduced	-46.3	-716,364	855,036	0.17%
Apr 18, 2024	Penbrook Management LLC	reduced	-5.17	-58,799	1,443,490	0.90%

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

ALKT Alerts

1 major insider sales recently.

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
Apr 15, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 01, 2024	8-K	Current Report
Mar 29, 2024	DEF 14A	DEF 14A
Mar 29, 2024	DEFA14A	DEFA14A
Mar 29, 2024	ARS	ARS

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	266.0B	34.9B	-9.03%	39.93%	64.3	7.63	11.18%	1888.46%
UBER	143.4B	37.3B	-11.61%	132.46%	75.97	3.85	16.95%	120.64%
ADSK	46.6B	5.3B	-16.46%	14.68%	50.86	8.72	9.15%	48.14%
ANSS	29.1B	2.3B	-3.99%	6.05%	58.09	12.81	9.90%	-4.45%
ZM	18.6B	4.5B	-6.92%	1.17%	29.26	4.12	3.06%	514.65%
MID-CAP
APPF	8.8B	671.8M	-1.98%	88.41%	114.56	13.04	33.64%	185.98%
LYFT	6.3B	4.4B	-15.97%	60.49%	-18.54	1.43	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-9.49%	39.17%	41.04	3.74	4.64%	44.42%
AI	2.8B	296.4M	-16.25%	29.79%	-10.12	9.28	11.14%	-3.59%
AGYS	2.3B	228.1M	0.58%	5.99%	25.98	9.94	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	185.7M	572.4M	-30.27%	-84.96%	-0.94	0.32	-19.38%	-489.49%
ASUR	185.6M	119.1M	-7.97%	-44.92%	-20.14	1.56	24.27%	36.31%
AEYE	167.1M	31.3M	39.41%	131.23%	-28.46	5.34	4.69%	43.72%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	5.4%	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	9.3%	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	1.4%	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	-0.6%	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	-1.2%	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	-11.3%	-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	-3.2%	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	-830.8%	-285,000	39,000	100,000	196,000	-561,000	-200,000	200,000	100,000	172,000	-	-	-	-	-	-	-	-
Earnings Before Taxes	15.8%	-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	-6.8%	-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	17.9%	-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	-7.3%	-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	-301.7%	-5,589,000	2,771,000	-5,898,000	-9,844,000	-13,836,000	-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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	-17.1%	400	482	473	482	489	485	491	431	437	442	425	248	249
Current Assets	-36.1%	149	233	226	237	242	255	261	340	345	351	368	191	193
Cash Equivalents	-46.4%	41.00	76.00	90.00	114	109	104	97.00	192	313	321	343	167	172
Net PPE	4.3%	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	100	148	146	147	48.00	48.00	48.00	17.00	17.00	16.00
Liabilities	-53.4%	75.00	161	150	154	155	157	156	89.00	92.00	96.00	73.00	78.00	69.00
Current Liabilities	-19.8%	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	-100.0%	-	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	-100.0%	-	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	-100.0%	-	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	1.0%	325	322	323	328	334	328	336	342	345	346	351	-	-263
Retained Earnings	-3.0%	-435	-422	-407	-389	-372	-367	-347	-327	-313	-300	-289	-277	-263
Additional Paid-In Capital	2.1%	760	744	730	717	706	695	683	669	658	646	640	4.00	-
Shares Outstanding	1.4%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	-269.6%	-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	-1.5%	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	409.1%	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	-10529.7%	-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	-	-	-	-

ALKT Income Statement

2023-12-31

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

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Income Statement [Abstract]

Revenues

$ 264,831

$ 204,270

$ 152,159

Cost of revenues

^[1],[2]

120,720

95,946

68,352

Gross profit

144,111

108,324

83,807

Operating expenses:

Research and development

84,661

69,329

48,800

Sales and marketing

48,557

36,811

24,174

General and administrative

72,900

71,247

50,398

Acquisition-related expenses, net

263

(12,529)

2,983

Amortization of acquired intangibles

1,435

1,155

368

Total operating expenses

207,816

166,013

126,723

Loss from operations

(63,705)

(57,689)

(42,916)

Non-operating income (expense):

Interest income

8,095

2,696

487

Interest expense

(7,384)

(3,850)

(1,186)

Gain (loss) on financial instruments

534

(200)

(3,035)

Loss on extinguishment of debt

(409)

(18)

Loss before income taxes

(62,869)

(59,061)

(46,650)

Provision (benefit) for income taxes

(461)

172

Net loss

(62,913)

(58,600)

(46,822)

Less: cumulative dividends and adjustments to redeemable convertible preferred stock

(277)

Net loss attributable to common stockholders, basic

(62,913)

(58,600)

(47,099)

Net loss attributable to common stockholders, diluted

$ (62,913)

$ (58,600)

$ (47,099)

Net loss per share attributable to common stockholders:

Basic (in dollars per share)

$ (0.67)

$ (0.64)

$ (0.73)

Diluted (in dollars per share)

$ (0.67)

$ (0.64)

$ (0.73)

Weighted average number of shares of common stock outstanding:

Basic (in shares)

94,080,797

90,956,521

64,510,456

Diluted (in shares)

94,080,797

90,956,521

64,510,456

[1]	Includes fees paid to a related party of $6.2 million, $4.4 million, and $4.4 million for the years ended December 31, 2023, 2022, and 2021, respectively. See Note 17.
[2]	Includes amortization of acquired technology of $5.4 million, $3.9 million, and $0.7 million for the years ended December 31, 2023, 2022, and 2021, respectively.

ALKT Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Current assets

Cash and cash equivalents

$ 40,927

$ 108,720

Marketable securities

51,196

87,635

Accounts receivable, net

35,499

26,246

Deferred implementation costs, current

10,329

7,855

Prepaid expenses and other current assets

10,634

11,709

Total current assets

148,585

242,165

Property and equipment, net

16,946

13,561

Right-of-use assets

15,754

14,670

Deferred implementation costs, net of current portion

30,734

24,783

Intangibles, net

35,807

42,593

Goodwill

148,050

148,017

Other assets

3,949

3,096

Total assets

399,825

488,885

Current liabilities

Current portion of long-term debt

3,188

Accounts payable

^[1]

7,478

4,291

Accrued liabilities

19,763

21,643

Deferred revenues, current portion

10,984

8,835

Lease liabilities, current portion

1,205

3,657

Total current liabilities

39,430

41,614

Long-term debt, net

81,392

Deferred revenues, net of current portion

15,384

13,904

Deferred income taxes

1,713

1,712

Lease liabilities, net of current portion

18,052

15,817

Other non-current liabilities

305

400

Total liabilities

74,884

154,839

Commitments and contingencies (Note 13)

Stockholders’ Equity

Preferred stock, $0.001 par value, 10,000,000 shares authorized and 0 shares issued and outstanding as of December 31, 2023 and 2022

Common stock, $0.001 par value, 500,000,000 shares authorized and 96,722,098 and 92,112,749 shares issued and outstanding as of December 31, 2023 and 2022, respectively

Additional paid-in capital

760,210

706,407

Accumulated deficit

(435,366)

(372,453)

Total stockholders’ equity

324,941

334,046

Total liabilities and stockholders' equity

$ 399,825

$ 488,885

[1]	Includes related party accounts payable of $0.3 million and $0.3 million as of December 31, 2023 and December 31, 2022, respectively. See Note 17.

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 Apr 26 2024, market cap of Alkami Technology, Inc. is 2.37 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 Apr 26 2024, ALKT's PE ratio (Price to Earnings) is -37.7 and Price to Sales (PS) ratio is 8.96. 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.