Alkami
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 112m | 152m | 204m | 265m | 333m | 413m | 509m |
% growth | 52 % | 36 % | 34 % | 30 % | 26 % | 24 % | 23 % |
EBITDA | (32.3m) | (39.0m) | (59.4m) | (44.7m) | 23.6m | 57.5m | 101m |
% EBITDA margin | (29 %) | (26 %) | (29 %) | (17 %) | 7 % | 14 % | 20 % |
Profit | (51.4m) | (46.8m) | (58.6m) | (62.9m) | (39.6m) | (6.7m) | 44.7m |
% profit margin | (46 %) | (31 %) | (29 %) | (24 %) | (12 %) | (2 %) | 9 % |
EV / revenue | - | 9.8x | 6.0x | 8.4x | 9.7x | 7.7x | 6.1x |
EV / EBITDA | - | -38.1x | -20.6x | -49.6x | 136.5x | 55.3x | 30.6x |
R&D budget | 40.2m | 48.8m | 69.3m | 84.7m | - | - | - |
R&D % of revenue | 36 % | 32 % | 34 % | 32 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $3.7m | Early VC | |
$4.8m | Series A | ||
$13.8m | Series B | ||
N/A | $17.0m | Early VC | |
N/A | $11.0m | Early VC | |
N/A | $3.7m | Early VC | |
$60.4m | Series C | ||
* | $70.0m | Series D | |
$55.0m | Series E | ||
$140m | Growth Equity VC | ||
N/A | N/A Valuation: $3.5b 31.2x EV/LTM Revenues -108.4x EV/LTM EBITDA | IPO | |
* | N/A | N/A | Secondary |
Total Funding | CAD517m |
Related Content
Recent News about Alkami
EditAlkami Technology, Inc. is a leading provider of cloud-based digital banking solutions, primarily serving financial institutions such as banks and credit unions. The company operates in the financial technology (fintech) market, which focuses on enhancing and streamlining financial services through technology.
Alkami's core business model revolves around offering a comprehensive digital banking platform that includes both retail and business banking solutions. This platform enables financial institutions to deliver a seamless and engaging digital experience to their customers. The solutions provided by Alkami include online and mobile banking, bill payment, personal finance management, and more. These tools help financial institutions attract and retain customers by offering modern, user-friendly digital banking services.
The company makes money through a subscription-based model, where financial institutions pay recurring fees to use Alkami's platform. This model ensures a steady stream of revenue and allows Alkami to continuously invest in improving its technology and expanding its service offerings.
Alkami differentiates itself by focusing on data-driven insights and client success. The company emphasizes the importance of using data to elevate financial institutions' performance and customer satisfaction. Alkami's commitment to ethical conduct and a supportive work environment further strengthens its reputation in the market.
In summary, Alkami Technology, Inc. is a fintech company that provides cloud-based digital banking solutions to financial institutions, helping them enhance their digital services and customer engagement. The company operates on a subscription-based model, ensuring consistent revenue and continuous innovation.
Keywords: fintech, digital banking, cloud-based, financial institutions, subscription model, user-friendly, data-driven, client success, ethical conduct, innovation.