alkami technology, inc. provides online and mobile banking solutions for credit unions and banks. based in plano, texas, the company’s flagship product, the orb platform, delivers unparalleled security, flexibility, extensibility and a superior architecture for the future of digital banking. with its modern interface, intelligent content delivery system and customizable feature set, the orb platform is the ultimate digital banking solution for financial institutions.
Company profile
Ticker
ALKT
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
ALKAMI TECHNOLOGY, INC,
SEC CIK
Corporate docs
Subsidiaries
Alkami ACH Alert, LLC • Alkami MK, LLC • Segmint, Inc. ...
IRS number
453060776
ALKT stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
1 Apr 24
ARS
2024 FY
Annual report to shareholders
29 Mar 24
DEFA14A
Additional proxy soliciting materials
29 Mar 24
DEF 14A
Definitive proxy
29 Mar 24
S-8
Registration of securities for employees
8 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Alkami Announces Fourth Quarter 2023 Financial Results
28 Feb 24
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Alkami Announces Third Quarter 2023 Financial Results
1 Nov 23
8-K
Entry into a Material Definitive Agreement
6 Sep 23
Transcripts
ALKT
Earnings call transcript
2023 Q4
28 Feb 24
ALKT
Earnings call transcript
2023 Q3
1 Nov 23
ALKT
Earnings call transcript
2023 Q2
2 Aug 23
ALKT
Earnings call transcript
2023 Q1
3 May 23
ALKT
Earnings call transcript
2023 Q1
3 May 23
ALKT
Earnings call transcript
2022 Q4
23 Feb 23
ALKT
Earnings call transcript
2022 Q3
3 Nov 22
ALKT
Earnings call transcript
2022 Q2
7 Aug 22
ALKT
Earnings call transcript
2022 Q1
7 May 22
ALKT
Earnings call transcript
2021 Q4
24 Feb 22
Latest ownership filings
4
Stephen Bohanon
15 Apr 24
4
Gary Lynn Nelson
8 Apr 24
4
Maria Ines Alvarez
8 Apr 24
4
Christopher Todd Clark
8 Apr 24
4
Steven R Mitchell
8 Apr 24
4
BRIAN R SMITH
8 Apr 24
4
Stephen Bohanon
20 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
4
Douglas A. Linebarger
15 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 78.98 mm | 78.98 mm | 78.98 mm | 78.98 mm | 78.98 mm | 78.98 mm |
Cash burn (monthly) | 4.64 mm | 2.10 mm | 5.26 mm | 4.67 mm | (no burn) | 2.15 mm |
Cash used (since last report) | 30.89 mm | 13.96 mm | 35.05 mm | 31.13 mm | n/a | 14.30 mm |
Cash remaining | 48.09 mm | 65.02 mm | 43.93 mm | 47.85 mm | n/a | 64.68 mm |
Runway (months of cash) | 10.4 | 31.0 | 8.3 | 10.2 | n/a | 30.1 |
Institutional ownership, Q3 2023
82.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 109 |
Opened positions | 25 |
Closed positions | 19 |
Increased positions | 42 |
Reduced positions | 28 |
13F shares | Current |
---|---|
Total value | 901.54 bn |
Total shares | 80.75 mm |
Total puts | 400.00 |
Total calls | 206.00 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
General Atlantic | 18.73 mm | $341.26 bn |
S3 Ventures Fund III | 18.53 mm | $0.00 |
ARG Private Equity II | 12.61 mm | $0.00 |
Vanguard | 4.29 mm | $78.25 bn |
Capital International Investors | 4.05 mm | $73.75 bn |
BLK Blackrock | 2.74 mm | $49.96 bn |
Long Path Partners | 2.50 mm | $45.49 bn |
Massachusetts Financial Services | 2.24 mm | $40.90 bn |
BEN Franklin Resources | 1.71 mm | $31.09 bn |
Azora Capital | 1.64 mm | $29.90 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Apr 24 | Stephen Bohanon | Common Stock | Option exercise | Acquire M | No | No | 3.32 | 1,927 | 6.40 k | 450,977 |
9 Apr 24 | Stephen Bohanon | Common Stock | Option exercise | Acquire M | No | No | 2.34 | 19,250 | 45.05 k | 449,050 |
9 Apr 24 | Stephen Bohanon | Stock Option Common Stock | Option exercise | Dispose M | No | No | 3.32 | 1,927 | 6.40 k | 1,408 |
9 Apr 24 | Stephen Bohanon | Stock Option Common Stock | Option exercise | Dispose M | No | No | 2.34 | 19,250 | 45.05 k | 0 |
5 Apr 24 | Brian R Smith | Common Stock | Grant | Acquire A | No | No | 0 | 666 | 0.00 | 860,443 |
5 Apr 24 | Mitchell Steven R | Common Stock | Grant | Acquire A | No | No | 0 | 354 | 0.00 | 69,363 |
5 Apr 24 | Christopher Todd Clark | Common Stock | Grant | Acquire A | No | No | 0 | 437 | 0.00 | 34,359 |
5 Apr 24 | Maria Ines Alvarez | Common Stock | Grant | Acquire A | No | No | 0 | 375 | 0.00 | 42,122 |
News
Demystifying Alkami Technology: Insights From 7 Analyst Reviews
15 Apr 24
JMP Securities Reiterates Market Outperform on Alkami Technology, Maintains $30 Price Target
15 Apr 24
Alkami Builds Digital Maturity Assessment For Financial Institutions
20 Mar 24
JMP Securities Maintains Market Outperform on Alkami Technology, Raises Price Target to $30
29 Feb 24
JP Morgan Maintains Overweight on Alkami Technology, Raises Price Target to $31
29 Feb 24
Press releases
Alkami Launches SDK Wizard "Merlin," Furthering the Company's TechFin Initiative
18 Apr 24
Alkami and SWIVEL Partner to Provide Financial Institutions with Improved Payments Functionality
2 Apr 24
Alkami Builds Industry-First Digital Maturity Assessment for Financial Institutions
20 Mar 24
Greylock Federal Credit Union Partners with Alkami to Bolster Its Retail, Business, and Mobile Banking Experience
5 Mar 24
Leading Industry Influencers Top Out the Agenda for Alkami Co:lab 2024
21 Feb 24