Alkami Technology, Inc.
ALKTUSAlkami Technology, Inc. specializes in delivering a cutting-edge, cloud-based digital banking platform throughout the United States. This innovative platform is designed to empower financial institutions by streamlining customer acquisition and engagement, fostering revenue growth, and significantly boosting operational efficiency. These capabilities are underpinned by Alkami's exclusive, multi-tenant cloud architecture. The company provides a comprehensive suite of end-to-end software solutions, which include the core Alkami Platform, specialized Retail Banking Solutions, Business Banking Solutions, and "The Alkami Difference" offerings. Alkami serves a diverse range of financial entities, such as community and regional banks, credit unions, and both consumer and commercial banking sectors. Founded in 2009, Alkami Technology, Inc. is headquartered in Plano, Texas.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Application Software
- Sub-sector
- Vertical Applications
- Listing
- ALKT
- Country
- US
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 34% | 30% | 26% | 33% | 19% | 17% |
| Revenue | $152M | $204M | $265M | $334M | $444M | $530M | $619M |
| Gross Profit | $84M | $108M | $144M | $197M | $257M | — | — |
| Gross Profit Margin | 55.1% | 53.0% | 54.4% | 58.9% | 57.8% | — | — |
| EBITDA | ($42M) | ($48M) | ($45M) | ($30M) | ($27M) | $99M | $115M |
| EBITDA Margin | -27.6% | -23.3% | -16.9% | -8.8% | -6.1% | 18.6% | 18.6% |
| EBIT | ($43M) | ($69M) | ($64M) | ($45M) | ($54M) | $57M | $66M |
| Net Income | ($47M) | ($59M) | ($63M) | ($41M) | ($48M) | $82M | $112M |
| Free Cash Flow | ($32M) | ($39M) | ($20M) | $11M | $43M | — | — |
| FCF Margin | -21.2% | -19.0% | -7.7% | 3.2% | 9.8% | — | — |
| Short-Term Debt | $2M | $7M | $0M | $0M | $0M | — | — |
| Long-Term Debt | $23M | $97M | $0M | $0M | $351M | — | — |
| Cash & Cash Equivalents | $309M | $109M | $41M | $94M | $63M | — | — |
| Net Debt | ($284M) | ($5M) | ($41M) | ($94M) | $288M | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — |
| Rule of 40 | — | 15.2% | 22.0% | 29.3% | 42.6% | — | — |