NASDAQ$ALKT
Alkami Technology Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Alkami Tech's Q4 2022 earnings reflected strong sales performance and business execution, with continued industry-leading growth and increased digital banking users.
Alkami Technology, Inc. reported a 31% increase in GAAP total revenue for Q4 2022, reaching $55.5 million. The company experienced a reduced GAAP net loss of $(4.9) million compared to the year-ago quarter and an adjusted EBITDA loss of $(4.0) million. Alkami added 37 new logos in 2022 and exited the quarter with 14.5 million digital banking users, up 18% year-over-year.
- GAAP total revenue increased by 31% to $55.5 million compared to the year-ago quarter.
- GAAP gross margin was 52%, a decrease from 55% in the year-ago quarter.
- Exited Q4 with 14.5 million digital banking users, up 18% from the year-ago quarter.
- Annual recurring revenue reached $226 million, up 34% compared to December 31, 2021.
Headline financials
Revenue & EPS history
Alkami Tech · Revenue · Quarterly
$55.5M
Forward guidance
Alkami is providing guidance for its first quarter ending March 31, 2023 of: GAAP total revenue in the range of $58.0 million to $59.0 million; Adjusted EBITDA loss in the range of ($4.5) million to ($3.5) million. Alkami is providing guidance for its calendar year ending December 31, 2023 of: GAAP total revenue in the range of $255.0 million to $260.0 million; Adjusted EBITDA loss in the range of ($7.0) million to ($4.0) million.
Tailwinds
- GAAP total revenue in the range of $58.0 million to $59.0 million for Q1 2023.
- Adjusted EBITDA loss in the range of ($4.5) million to ($3.5) million for Q1 2023.
- GAAP total revenue in the range of $255.0 million to $260.0 million for FY 2023.
- Adjusted EBITDA loss in the range of ($7.0) million to ($4.0) million for FY 2023.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
-1.9%
Avg return
Earnings day
-3.8%
Avg return
5 days after
-2.3%
Avg return
30 days after
36%
9 / 25 earnings
Positive
+10.9%
Q1 2024
Best reaction
-16.1%
Q1 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.9% | +2.6% | +10.7% | |
| Q4 2025 | -4.5% | +3.5% | -6.8% | |
| Q3 2025 | -2.4% | -13.6% | -5.6% | |
| Q1 2025 | -2.3% | +2.9% | +7.3% | |
| Q4 2024 | +6.5% | +0.0% | -8.8% | |
| Q3 2024 | -5.3% | -5.5% | +2.1% | |
| Q2 2024 | +3.6% | -5.1% | +2.0% | |
| Q1 2024 | +10.9% | +12.3% | +14.0% | |
| Q4 2023 | -3.0% | -5.4% | -4.4% | |
| Q3 2023 | +8.1% | +15.9% | +27.2% | |
| Q2 2023 | -1.7% | -1.9% | +8.5% | |
| Q1 2023 | +4.7% | +12.2% | +34.7% | |
| Q4 2022 | -1.1% | -1.5% | -22.4% | |
| Q3 2022 | -5.0% | -8.5% | -8.9% | |
| Q2 2022 | +7.6% | +3.5% | -1.9% | |
| Q1 2022 | -11.5% | -20.7% | +11.0% | |
| Q4 2019 | +3.0% | +2.7% | -9.8% | |
| Q4 2021 | +3.2% | +6.3% | -6.9% | |
| Q3 2020 | -8.0% | -12.3% | -28.2% | |
| Q3 2021 | -6.0% | -6.4% | -24.9% | |
| Q2 2020 | -0.8% | -1.1% | -4.8% | |
| Q2 2021 | +4.8% | +0.5% | -2.5% | |
| Q4 2020 | -13.9% | -24.9% | -11.2% | |
| Q1 2020 | -13.9% | -24.9% | -11.2% | |
| Q1 2021 | -16.1% | -24.9% | -17.1% |
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