NASDAQ$ALKT

Alkami Technology Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Alkami reported strong revenue growth and improved profitability in Q4 2024.

Alkami Technology, Inc. achieved strong revenue growth of 25.6% year-over-year, reaching $89.7 million. The company's net loss narrowed to $7.6 million, improving from a $12.7 million loss in the prior-year quarter. Adjusted EPS came in at $0.11, and Adjusted EBITDA increased significantly to $10.2 million, up from $3.1 million in Q4 2023.

  • Revenue increased 25.6% year-over-year to $89.7 million.
  • GAAP net loss improved to $7.6 million from $12.7 million in the previous year.
  • Adjusted EPS was $0.11 for the quarter.
  • Adjusted EBITDA rose significantly to $10.2 million from $3.1 million in Q4 2023.

Headline financials

Total Revenue

$89.7M

Previous: $71.4M+25.6%
EPS (adj)

$0.11

Previous: $0.02+450.0%
Net Income

-$7.64M

Previous: -$12.7M+39.9%
Operating Income

-$8.63M

Previous: -$13.1M+34.1%
Gross Profit

$53.2M

Previous: $39.9M+33.2%

Revenue & EPS history

Alkami Tech · Revenue · Quarterly

$89.7M

Q4 2024+25.6%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

Alkami expects continued strong growth in 2025, with projected revenue increases and positive Adjusted EBITDA.

Tailwinds

  • First quarter 2025 revenue expected between $93.5 million and $95.0 million.
  • Full-year 2025 revenue projected between $440.0 million and $445.0 million.
  • Adjusted EBITDA for 2025 expected to range from $47.0 million to $51.0 million.
  • Acquisition of MANTL expected to contribute $30 million in revenue starting Q2 2025.
  • Annual recurring revenue under contract for MANTL expected to grow over 30% in 2025.

Headwinds

  • MANTL acquisition will result in a $5 million Adjusted EBITDA loss in 2025.
  • GAAP net losses may persist due to acquisition-related expenses.
  • Revenue growth remains subject to market conditions and financial institution adoption.
  • Integration of MANTL presents operational challenges.
  • Stock-based compensation expenses continue to impact profitability.

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 2024

Historical avgQ4 2024

-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

Earnings price reactions
QuarterReport dateReaction (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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