Alkami Technology Intrinsic Stock Value – ALKAMI TECHNOLOGY to Reveal Third Quarter 2023 Financial Results on October 19, 2023
October 21, 2023
🌥️Trending News
ALKAMI TECHNOLOGY ($NASDAQ:ALKT), Inc. is an industry-leading, cloud-based, digital banking and payment processing solutions provider. The company is set to reveal its Third Quarter 2023 Financial Results on October 19, 2023 at 09:01 am Eastern Daylight Time. Alkami’s cutting-edge technology provides financial institutions with the infrastructure and tools they need to remain competitive in today’s digital banking landscape. In addition to core banking and digital payment solutions, Alkami also offers a suite of data analytics and security products to help banks make better business decisions and protect their customers’ personal information.
Investors and analysts will be closely watching the release of Alkami’s Third Quarter 2023 Financial Results to gain insight into the company’s performance and future prospects. Having achieved significant growth over the past few years, Alkami Technology remains a highly attractive investment opportunity in the digital banking sector.
Market Price
On Friday, ALKAMI TECHNOLOGY stock opened at $18.9 and closed at $18.0, representing a 3.8% decrease from the prior closing price of 18.8. Investors are likely to be eagerly watching as the company reveals its financial standing and performance metrics for the quarter. Analysts have noted that the results may also serve as an indicator of the company’s future performance and outlook. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Alkami Technology. More…
| Total Revenues | Net Income | Net Margin |
| 234.71 | -59.69 | -30.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Alkami Technology. More…
| Operations | Investing | Financing |
| -33.64 | 35.37 | -5.42 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Alkami Technology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 472.93 | 150.4 | 3.42 |
Key Ratios Snapshot
Some of the financial key ratios for Alkami Technology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 40.6% | – | -22.9% |
| FCF Margin | ROE | ROA |
| -16.4% | -10.3% | -7.1% |
Analysis – Alkami Technology Intrinsic Stock Value
At GoodWhale, we recently conducted an analysis of ALKAMI TECHNOLOGY‘s wellbeing. After extensively researching the company and its financials, our proprietary Valuation Line determined the intrinsic value of ALKAMI TECHNOLOGY’s share to be around $24.6. Currently, ALKAMI TECHNOLOGY’s stock is being traded at $18.0, which means that it is undervalued by 26.9%. This presents an excellent opportunity for investors looking to benefit from the potential upside of the stock. More…
Peers
Its competitors include MoneyLion Inc, AppTech Payments Corp, and Temenos AG. Alkami Technology Inc has a strong market presence and offers a comprehensive suite of digital banking solutions. Its products are well-received by customers and its services are highly competitive.
– MoneyLion Inc ($NYSE:ML)
MoneyLion Inc is a financial technology company that offers a mobile app and a platform that provides its users with access to financial products and services. The company has a market cap of 252.47M as of 2022 and a return on equity of -14.08%. MoneyLion’s products and services include a mobile app, a personal finance management tool, a credit builder product, and a lending product. The company was founded in 2013 and is headquartered in New York, NY.
– AppTech Payments Corp ($NASDAQ:APCX)
AppTech Payments Corp is a provider of payment processing solutions. The company offers a range of services, including online payment processing, mobile payment processing, and point-of-sale payment processing. AppTech Payments Corp has a market cap of 13.55M as of 2022, a Return on Equity of -88.5%. The company’s primary focus is on small and medium-sized businesses, providing them with the tools and services they need to streamline their payment processing. AppTech Payments Corp is headquartered in Atlanta, Georgia.
– Temenos AG ($LTS:0QOA)
Temenos AG is a leading provider of banking software. The company has a market cap of 4.07B as of 2022 and a return on equity of 27.62%. Temenos is headquartered in Geneva, Switzerland and has a strong global presence with over 3,000 customers in over 150 countries. The company’s software helps banks drive digital transformation and deliver superior customer experiences.
Summary
ALKAMI Technology is an innovative cloud-based banking and payment solutions provider. The company is set to announce its third quarter 2023 financial results on October 19, 2023 at 09:01 am EDT. Investors should take note of the expected results when considering their investment options in the company. ALKAMI is expected to deliver strong revenue and profit growth, driven by strong demand for its products and services.
Additionally, investors will want to keep an eye on operating margins, cash flow, and any potential strategic acquisitions or partnerships. Overall, ALKAMI Technology appears to be a solid investment opportunity in the booming financial technology sector.
