GURUFOCUS.COM » STOCK LIST » Technology » Software » Alkami Technology Inc (NAS:ALKT) » Definitions » EBIT

Alkami Technology (Alkami Technology) EBIT : $-55.5 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Alkami Technology EBIT?

Alkami Technology's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-11.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-55.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alkami Technology's annualized ROC % for the quarter that ended in Dec. 2023 was -18.31%. Alkami Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -103.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alkami Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.44%.


Alkami Technology EBIT Historical Data

The historical data trend for Alkami Technology's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alkami Technology EBIT Chart

Alkami Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-41.76 -50.87 -45.46 -55.21 -55.49

Alkami Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.94 -15.01 -15.85 -13.51 -11.12

Competitive Comparison of Alkami Technology's EBIT

For the Software - Application subindustry, Alkami Technology's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alkami Technology's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Alkami Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alkami Technology's EV-to-EBIT falls into.



Alkami Technology EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-55.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alkami Technology  (NAS:ALKT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Alkami Technology's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-52.224 * ( 1 - 2.15% )/( (276.487 + 281.803)/ 2 )
=-51.101184/279.145
=-18.31 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=482.193 - 27.46 - ( 178.246 - max(0, 49.176 - 232.656+178.246))
=276.487

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Alkami Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-44.488/( ( (32.293 + max(8.021, 0)) + (32.7 + max(12.849, 0)) )/ 2 )
=-44.488/( ( 40.314 + 45.549 )/ 2 )
=-44.488/42.9315
=-103.63 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.185 + 0 + 23.144) - (27.46 + 9.313 + 4.535)
=8.021

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.111 + 0 + 20.963) - (25.899 + 10.984 + 1.342)
=12.849

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Alkami Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-55.485/2272.252
=-2.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alkami Technology EBIT Related Terms

Thank you for viewing the detailed overview of Alkami Technology's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Alkami Technology (Alkami Technology) Business Description

Traded in Other Exchanges
Address
5601 Granite Parkway, Suite 120, Plano, TX, USA, 75024
Alkami is a cloud-based digital banking solutions provider. Alkami Platform, allows FIs to onboard and engage new users, accelerate revenues and meaningfully improve operational efficiency with the support of a proprietary, true cloud-based, multi-tenant architecture.
Executives
W Bryan Hill officer: Chief Financial Officer
Douglas A. Linebarger officer: Chief Legal Officer C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Stephen Bohanon officer: Chf. Strategist & Sales Offr. C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Maria Ines Alvarez director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Michael D Hansen director, officer: Chief Executive Officer
Kristy Ramundi officer: Chief Accounting Officer C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Alex Shootman director, officer: Chief Executive Officer 1301 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Barbara A. Yastine director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Raphael Osnoss director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Gary Lynn Nelson director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
H Eugene Lockhart director OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947
Charles Kane director 289 TURNPIKE RD, WESTBORO MA 01581
Christopher Todd Clark director 3250 BRIAR PARK, SUITE 400, HOUSTON TX 77042
Merline Saintil director 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Steven R Mitchell director C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532