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Alkami Technology (ALKT)

Alkami Technology, Inc. is a leading cloud-based digital banking solutions provider for financial institutions in the U.S. that offers digital banking and fraud protection services to more than 225 banks and credit unions. Alkami's bold investments in people and technology enable remarkable financial institutions to grow confidently, adapt quickly and build thriving digital communities. Alkami was recognized in 2018, 2019 and 2020 as a Deloitte Technology Fast 500 company in North America.

Company profile

Ticker
ALKT
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Former names
ALKAMI TECHNOLOGY, INC,
SEC CIK
Subsidiaries
Alkami ACH Alert, LLC • Alkami MK, LLC ...
IRS number
453060776

ALKT stock data

Analyst ratings and price targets

Last 3 months

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

6 May 22
29 Jun 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) 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) 191.67M 191.67M 191.67M 191.67M 191.67M 191.67M
Cash burn (monthly) 40.43M (no burn) 4.44M 4.08M 2.76M 2.94M
Cash used (since last report) 119.91M n/a 13.17M 12.09M 8.2M 8.72M
Cash remaining 71.76M n/a 178.5M 179.57M 183.47M 182.94M
Runway (months of cash) 1.8 n/a 40.2 44.0 66.4 62.2

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
6 Jun 22 Stephen Bohanon Common Stock Sell Dispose S No No 13.8089 24,232 334.62K 382,567
2 Jun 22 W Bryan Hill Common Stock Sell Dispose S No No 14.37 2,889 41.51K 195,685
2 Jun 22 Kristy Ramundi Common Stock Sell Dispose S No No 14.37 320 4.6K 101,847
2 Jun 22 Stephen Bohanon Common Stock Sell Dispose S No No 14.37 6,225 89.45K 406,799
2 Jun 22 Douglas A. Linebarger Common Stock Sell Dispose S No No 14.37 1,166 16.76K 91,509
31 May 22 Douglas A. Linebarger Common Stock Sell Dispose S No No 13.8689 6,000 83.21K 92,675
31 May 22 Douglas A. Linebarger Common Stock Option exercise Acquire M No No 0.92 6,000 5.52K 98,675
31 May 22 Douglas A. Linebarger Stock Option Common Stock Option exercise Dispose M No No 0.92 6,000 5.52K 54,000
20 May 22 Alex Shootman Common Stock Grant Acquire A No No 11.4884 21,740 249.76K 1,045,904
19 May 22 Alex Shootman Common Stock Buy Acquire P No No 11.1268 22,468 250K 1,024,164
81.9% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 83 81 +2.5%
Opened positions 19 31 -38.7%
Closed positions 17 12 +41.7%
Increased positions 22 31 -29.0%
Reduced positions 28 10 +180.0%
13F shares Current Prev Q Change
Total value 1.24B 1.52B -18.6%
Total shares 74.07M 75.9M -2.4%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
General Atlantic 18.73M $268.02M 0.0%
S3 Ventures Fund III 18.53M $371.77M 0.0%
ARG Private Equity II 12.61M $252.92M 0.0%
D1 Capital Partners 5.09M $72.91M -12.6%
Vanguard 2.84M $40.66M +3.4%
Massachusetts Financial Services 2.35M $33.64M +2.8%
Long Path Partners Fund 1.77M $25.3M NEW
BEN Franklin Resources 1.53M $21.92M -2.1%
BLK Blackrock 1.45M $20.78M -23.1%
Bamco 1.2M $17.23M +0.3%
Largest transactions Shares Bought/sold Change
Long Path Partners Fund 1.77M +1.77M NEW
FMR 1.08M -1.06M -49.4%
Capital Research Global Investors 129.44K -893.82K -87.3%
D1 Capital Partners 5.09M -733.63K -12.6%
BLK Blackrock 1.45M -436.52K -23.1%
Allspring Global Investments 515.67K -408.83K -44.2%
AXAHF Axa 0 -406.68K EXIT
Eagle Asset Management 0 -298.62K EXIT
Adage Capital Partners GP, L.L.C. 758.62K +289.64K +61.8%
Citadel Advisors 311.32K +279.48K +877.8%

Financial report summary

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Competition
NCR
Management Discussion
  • (1) Acquisition-related expenses, net include the accrual of deferred compensation due to the former owner of ACH Alert, in addition to acquisition related-expenses associated with the purchase of MK and Segmint, primarily related to legal, consulting, and professional fees. These expenses are offset by the $2.7 million gain on contingent consideration related to the purchase of MK.
  • (2) Adjusted EBITDA is a non-GAAP financial measure and should not be considered an alternative to GAAP net loss as a measure of operating performance or as a measure of liquidity. For additional information regarding adjusted EBITDA, see “Key Business Metrics.”

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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Removed: absence, acceptance, accurately, adequate, affiliated, allocate, allocation, apparent, applying, approval, approved, arrangement, assumption, authorized, award, awarded, begin, behalf, billing, certificate, Chief, Clark, closely, collected, collection, Commission, committee, complementary, complimentary, consolidation, consumer, converted, Cooperative, criticality, CU, declared, deductible, demand, derived, designated, determination, discount, discounting, dividend, downturn, effectively, employed, enhanced, ensure, ESPP, evergreen, excluding, exercisable, expansion, expiration, expired, File, finalized, foreseeable, forfeited, forfeiture, Goldman, governmental, grant, granted, highlight, identify, iii, implied, inability, incentive, incorporation, initiated, insignificant, instrument, integrate, interdependency, interpolation, interrelation, issuable, issue, judgement, Jumpstart, lesser, live, lockbox, making, member, mentioned, met, minimize, Morgan, nearest, occur, offer, offered, operate, order, penetrate, perform, political, presently, President, prevent, ratable, readily, reduced, refreshed, refusal, registration, regulatory, relating, representative, repurchased, reserve, reserved, resold, respond, Section, selling, simplified, Standalone, standing, stated, stockholder, subjective, terminated, thereof, thereto, Todd, turnover, unauthorized, vendor, vest, vesting

Patents

Utility
Systems and Methods for Providing Ach Transaction Notification and Facilitating Ach Transaction Disputes
18 Nov 21
A system and method for identifying incoming ACH transactions involving subscriber accounts at a financial institution, comparing the ACH transaction details with preset notification criteria, suspending any ACH transaction that satisfy the preset criteria so that the transaction does not post to the account, notifying the subscriber of the incoming ACH transaction, providing the subscriber with the option to either authorize or dispute the ACH transaction, and facilitating the dispute process according to applicable banking rules by requesting further information from the subscriber and forwarding the dispute information to the ACH operator.
Utility
Systems and methods for providing ACH transaction notification and facilitating ACH transaction disputes
1 Jun 21
A system and method for identifying incoming ACH transactions involving subscriber accounts at a financial institution, comparing the ACH transaction details with preset notification criteria, suspending any ACH transaction that satisfy the preset criteria so that the transaction does not post to the account, notifying the subscriber of the incoming ACH transaction, providing the subscriber with the option to either authorize or dispute the ACH transaction, and facilitating the dispute process according to applicable banking rules by requesting further information from the subscriber and forwarding the dispute information to the ACH operator.