Sign in

    Alex Smith

    Research Analyst at JPMorgan Chase & Co.

    Alex Smith is an equity research analyst at JPMorgan Chase & Co. with expertise in financial sector research. He is recognized for covering a range of major financial institutions and industry leaders, offering in-depth analysis and recommendations that have generated sustained value for institutional clients. Over the course of his career at JPMorgan Chase & Co., Alex Smith has developed a reputation for high-quality research and consistency, maintaining strong success metrics in his investment calls relative to peer benchmarks. He holds professional securities licenses and industry credentials, including FINRA registration, supporting his extensive experience and credibility in equity research.

    Alex Smith's questions to ALKAMI TECHNOLOGY (ALKT) leadership

    Alex Smith's questions to ALKAMI TECHNOLOGY (ALKT) leadership • Q4 2024

    Question

    Alex Smith asked for an update on the long-term gross profit margin trajectory, given MANTL's accretive nature, and how MANTL's initial EBITDA loss would be allocated across operating expenses.

    Answer

    CFO W. Hill reiterated the 65% gross margin target for 2026, noting they are ahead of schedule and that MANTL will be accretive by about 100 basis points. He detailed that MANTL's projected $5M EBITDA loss in 2025 would be spread across Q2-Q4 and that its OpEx structure is slightly heavier on sales and marketing but otherwise aligns with Alkami's.

    Ask Fintool Equity Research AI