ALKT Q1 2023 Earnings — Alkami Technology, Inc. Revenue & Financial Results | Market Cap Arena

ALKTAlkami Technology, Inc.

$2B

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$60M+33.9% YoY

Gross Profit

$32M53.6% margin

Operating Income

-$17M-27.9% margin

Net Income

-$17M-28.3% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+8.0%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$10M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$482M

Total Liabilities

$154M

Stockholders' Equity

$328M

Cash & Equivalents

$114M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$60M	$45M	+33.9%
Gross Profit	$32M	$25M	+29.5%
Operating Income	-$17M	-$13M	-28.9%
Net Income	-$17M	-$13M	-26.5%

Revenue Segments

SaaS Subscription Services

$58M96%

Implementation Services

$2M3%

Service, Other

$807,0001%