ALKT Q3 2024 Earnings — Alkami Technology, Inc. Revenue & Financial Results | Market Cap Arena

ALKTAlkami Technology, Inc.

$2B

Q3 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$86M+26.9% YoY

Gross Profit

$51M58.9% margin

Operating Income

-$10M-12.1% margin

Net Income

-$9M-11.0% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$9M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$422M

Total Liabilities

$84M

Stockholders' Equity

$339M

Cash & Equivalents

$81M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$86M	$68M	+26.9%
Gross Profit	$51M	$37M	+38.5%
Operating Income	-$10M	-$16M	+33.9%
Net Income	-$9M	-$15M	+39.0%

Revenue Segments

SaaS Subscription Services

$82M96%

Service, Other

$2M2%

Implementation Services

$2M2%