Alkami Technology, Inc. (NASDAQ:ALKT) Q3 2023 Earnings Call Transcript

Bryan Hill: Well, we — so again, our clients added 1 million digital users over the last 12 months. And the way our pricing model works is the more scale, the more users that a financial institution brings to our platform the incremental cost per user goes down. So when we grow 5%, that’s overcoming the headwind of the 1.4 million digital users that are coming in at below $10 per user. So the gross ARPU expansion is in the 7% to 8% range. And then, you have the dilution that comes from the incremental users added by our financial institutions.

Operator: This concludes our question-and-answer session and concludes the conference call. Thank you for attending today’s presentation. You may now disconnect.