← ALKAMI TECHNOLOGY, INC.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | $73.5m |
$112.1m
+52.49%
|
$152.2m
+35.68%
|
$204.3m
+34.25%
|
$264.8m
+29.65%
|
$333.8m
+26.06%
|
$443.6m
+32.89%
|
$489.7m
+10.39%
|
|
| Cost of revenues | $43.1m |
$53.0m
+22.92%
|
$68.4m
+29.00%
|
$95.9m
+40.37%
|
$120.7m
+25.82%
|
$137.2m
+13.67%
|
$187.0m
+36.31%
|
$208.8m
+11.65%
|
|
| Gross profit | $30.4m |
$59.2m
+94.37%
|
$83.8m
+41.67%
|
$108.3m
+29.25%
|
$144.1m
+33.04%
|
$196.6m
+36.44%
|
$256.6m
+30.50%
|
$280.9m
+9.47%
|
|
| Research and development | $32.7m | $40.2m | $48.8m | $69.3m | $84.7m | $96.2m | $118.4m | $123.7m | |
| Sales and marketing | $15.3m | $16.8m | $24.5m | $36.8m | $48.6m | $59.8m | $80.1m | — | |
| General and administrative | $24.9m | $37.3m | $53.4m | $71.2m | $72.9m | $83.7m | $100.9m | $99.0m | |
| Amortization of acquired intangibles | — | $91k | $368k | $1.2m | $1.4m | $1.4m | $5.7m | — | |
| Total operating expenses | $73.0m | $94.3m | $126.7m | $166.0m | $207.8m | $241.3m | $310.2m | $311.6m | |
| Loss from operations | ($42.5m) |
($35.1m)
+17.47%
|
($42.9m)
-22.26%
|
($57.7m)
-34.42%
|
($63.7m)
-10.43%
|
($44.6m)
+29.95%
|
($53.6m)
-20.19%
|
— | |
| Interest expense | ($110k) | ($489k) | ($1.2m) | ($3.9m) | ($7.4m) | ($461k) | ($9.5m) | $9.9m | |
| Interest income | $267k | $55k | $487k | $2.7m | $8.1m | $4.6m | $4.2m | $3.3m | |
| Loss before income taxes | ($41.9m) | ($51.4m) | ($46.6m) | ($59.1m) | ($62.9m) | ($40.5m) | ($59.0m) | — | |
| (Benefit from) provision for income taxes | $0 | $0 | $172k | ($461k) | $44k | $308k | ($11.3m) | — | |
| Net loss | ($41.9m) | ($51.4m) | ($46.8m) | ($58.6m) | ($62.9m) | ($40.8m) | ($47.7m) | — | |
| Basic (in dollars per share) | ($9.63) | ($10.68) | ($0.73) | ($0.64) | ($0.67) | ($0.41) | ($0.46) | — | |
| Diluted (in dollars per share) | ($9.63) | ($10.68) | ($0.73) | ($0.64) | ($0.67) | ($0.41) | ($0.46) | — | |
| Acquisition-related expenses | — | $839k | $3.0m | ($12.5m) | $263k | $195k | $3.5m | — | |
| Loss on impairment of intangible assets | — | — | — | — | $0 | $0 | $1.7m | — | |
| Gain on financial instruments | $509k | ($15.8m) | ($3.0m) | ($200k) | $534k | $0 | $0 | — | |
| Loss on extinguishment of debt | — | ($51.4m) | $0 | ($18k) | ($409k) | $0 | $0 | — |