Episode Details

North Reef Capital Management invested heavily in Alkami Technology, acquiring over $100 million worth of shares, boosting their stake significantly. Despite Alkamis stock decline, North Reef believes in the companys core business, which provides cloud-based digital banking platforms for financial institutions. Alkamis revenue grew by nearly 29% year over year, and they added a substantial number of users to their platform. The companys recent share repurchase program also indicates managements confidence. Investors are now wondering if Alkami can become consistently profitable before the tech spending slows down.

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