Alkami announces fourth quarter 2024 financial results

Alkami today also announced its intent to acquire mantl plano, texas , feb. 27, 2025 /prnewswire/ -- alkami technology, inc. (nasdaq: alkt) ("alkami"), a leading cloud-based digital banking solutions provider for financial institutions (fis) in the u.s., today announced results for its fourth quarter ending december 31, 2024. fourth quarter 2024 financial highlights gaap total revenue of $89.7 million, an increase of 25.6% compared to the year-ago quarter; gaap gross margin of 59.3%, compared to 56.0% in the year-ago quarter; non-gaap gross margin of 63.1%, compared to 60.3% in the year-ago quarter; gaap net loss of $(7.6) million, compared to $(12.7) million in the year-ago quarter; and adjusted ebitda of $10.2 million, compared to $3.1 million in the year-ago quarter.
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