ALKT Q2 2024 Earnings — Alkami Technology, Inc. Revenue & Financial Results | Market Cap Arena

ALKTAlkami Technology, Inc.

$2B

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$82M+24.9% YoY

Gross Profit

$49M59.4% margin

Operating Income

-$13M-16.1% margin

Net Income

-$12M-15.0% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

$548,000

Free Cash Flow

-$2M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$404M

Total Liabilities

$77M

Stockholders' Equity

$327M

Cash & Equivalents

$61M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$66M	+24.9%
Gross Profit	$49M	$35M	+37.5%
Operating Income	-$13M	-$18M	+26.1%
Net Income	-$12M	-$18M	+30.7%

Revenue Segments

SaaS Subscription Services

$78M95%

Implementation Services

$2M3%

Service, Other

$2M2%