iCoreConnect (NASDAQ:ICCT) vs. Alkami Technology (NASDAQ:ALKT) Financial Contrast

iCoreConnect (NASDAQ:ICCT) and Alkami Technology (NASDAQ:ALKT) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, profitability, analyst recommendations, earnings and risk.

Analyst Ratings

This is a summary of recent ratings and recommmendations for iCoreConnect and Alkami Technology, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
iCoreConnect	0	0	0	0	0.00
Alkami Technology	0	2	6	0	2.75

Alkami Technology has a consensus target price of $39.88, suggesting a potential upside of 30.78%. Given Alkami Technology’s stronger consensus rating and higher probable upside, analysts plainly believe Alkami Technology is more favorable than iCoreConnect.

Risk & Volatility

iCoreConnect has a beta of -0.7, meaning that its stock price is 170% less volatile than the S&P 500. Comparatively, Alkami Technology has a beta of 0.56, meaning that its stock price is 44% less volatile than the S&P 500.

Profitability

This table compares iCoreConnect and Alkami Technology’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
iCoreConnect	-263.12%	-1,451.73%	-171.32%
Alkami Technology	-14.55%	-11.31%	-9.15%

Institutional and Insider Ownership

13.4% of iCoreConnect shares are owned by institutional investors. Comparatively, 55.0% of Alkami Technology shares are owned by institutional investors. 59.4% of iCoreConnect shares are owned by insiders. Comparatively, 18.1% of Alkami Technology shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares iCoreConnect and Alkami Technology”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
iCoreConnect	$11.05 million	0.45	-$15.55 million	($63.20)	-0.04
Alkami Technology	$355.56 million	8.83	-$62.91 million	($0.38)	-80.24

iCoreConnect has higher earnings, but lower revenue than Alkami Technology. Alkami Technology is trading at a lower price-to-earnings ratio than iCoreConnect, indicating that it is currently the more affordable of the two stocks.

Summary

Alkami Technology beats iCoreConnect on 11 of the 14 factors compared between the two stocks.

About iCoreConnect

iCoreConnect Inc., a cloud-based software and technology company, provides Health Insurance Portability and Accountability Act (HIPAA) compliant cloud-based software as a service (SaaS) in the United States. The company’s products include iCoreRx, a HIPAA compliant electronic prescription software; iCorePDMP, a solution that checks the patient’s Prescription Drug Monitoring Program (PDMP) history before prescribing controlled substances; iCoreVerify and iCoreVerify+, a HIPAA compliant SaaS solution that automatically retrieves a patients insurance eligibility breakdown to verify their benefits in advance of their appointment and on-demand; iCoreHuddle and iCoreHuddle+, a tool to instantly reveal the revenue potential of each patient; and iCoreCodeGenius, a medical coding reference SaaS solution. It also offers iCoreExchange, a SaaS email solution that allows doctors to send and receive secure email with attachments to and from other healthcare professionals; iCoreCloud, ability to backup their on-premise servers and computers to the cloud; iCoreClaims, for processing and managing claims submitted by policyholders or dental care providers; iCorePay, a patient payment processing solutions for payment and revenue cycle tracking; iCoreSecure, secure SaaS solution that solves privacy concerns in the insurance, real estate, financial and many other industry sectors; and iCoreIT, an IT managed services. The company was formerly known as iMedicor, Inc. and changed its name to iCoreConnect Inc. in June 2017. iCoreConnect Inc. was founded in 1992 and is headquartered in Ocoee, Florida.

About Alkami Technology

Alkami Technology, Inc. offers cloud-based digital banking solutions in the United States. The company's Alkami Platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a proprietary, cloud-based, and multi-tenant architecture. It serves community, regional, super-regional credit unions, and banks. The company was founded in 2009 and is headquartered in Plano, Texas.