Complete financial analysis of Dave Inc. (DAVE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Dave Inc., a leading company in the Software – Application industry within the Technology sector.
You may be interested
- Doseology Sciences Inc. (MOOD.CN) Income Statement Analysis – Financial Results
- SENA J Property Public Company Limited (SENAJ.BK) Income Statement Analysis – Financial Results
- Ad-Manum Finance Limited (ADMANUM.BO) Income Statement Analysis – Financial Results
- Evergreen Marine Corporation (Taiwan) Ltd. (2603.TW) Income Statement Analysis – Financial Results
- INDVR Brands Inc. (CAAOF) Income Statement Analysis – Financial Results
Dave Inc. (DAVE)
About Dave Inc.
Dave Inc. provides a suite of financial products and services through its financial service online platform. The company offers Insights, a personal financial management tool to manage income and expenses between paychecks for members; ExtraCash, a free overdraft and short-term credit alternative, which allows members to advance funds to their account and avoid a fee; and Side Hustle, a job application portal. It also provides Dave Banking, a digital checking and demand deposit account. The company was founded in 2015 and is based in West Hollywood, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 259.09M | 204.80M | 153.00M | 121.80M | 76.23M |
| Cost of Revenue | 123.84M | 31.90M | 23.50M | 21.65M | 15.22M |
| Gross Profit | 135.26M | 172.90M | 129.50M | 100.15M | 61.01M |
| Gross Profit Ratio | 52.20% | 84.42% | 84.64% | 82.23% | 80.04% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 94.91M | 103.40M | 49.50M | 22.21M | 9.24M |
| Selling & Marketing | 48.39M | 69.00M | 51.50M | 38.02M | 22.93M |
| SG&A | 143.30M | 172.40M | 101.00M | 60.23M | 32.18M |
| Other Expenses | 0.00 | 134.90M | 75.40M | 41.30M | 27.06M |
| Operating Expenses | 107.11M | 307.30M | 176.40M | 101.53M | 59.23M |
| Cost & Expenses | 301.29M | 339.20M | 199.90M | 123.18M | 74.45M |
| Interest Income | 5.30M | 2.95M | 287.00K | 409.00K | 429.00K |
| Interest Expense | 11.77M | 6.20M | 2.55M | 17.00K | 852.00K |
| Depreciation & Amortization | 5.54M | 6.60M | 3.08M | 1.72M | 805.00K |
| EBITDA | -31.08M | -113.18M | -14.27M | -5.08M | 2.99M |
| EBITDA Ratio | -12.00% | -67.87% | -49.93% | -0.50% | 3.95% |
| Operating Income | -42.20M | -146.13M | -46.90M | -2.33M | 2.21M |
| Operating Income Ratio | -16.29% | -71.35% | -30.65% | -1.91% | 2.89% |
| Total Other Income/Expenses | -6.20M | -60.95M | -13.52M | -6.81M | -445.00K |
| Income Before Tax | -48.40M | -129.00M | -19.90M | -6.81M | 1.33M |
| Income Before Tax Ratio | -18.68% | -62.99% | -13.01% | -5.59% | 1.75% |
| Income Tax Expense | 120.00K | -100.00K | 100.00K | 145.00K | 545.00K |
| Net Income | -48.52M | -128.90M | -20.00M | -6.96M | 787.00K |
| Net Income Ratio | -18.73% | -62.94% | -13.07% | -5.71% | 1.03% |
| EPS | -4.07 | -11.12 | -1.85 | -0.60 | 0.07 |
| EPS Diluted | -4.07 | -11.12 | -1.85 | -0.60 | 0.07 |
| Weighted Avg Shares Out | 11.93M | 11.59M | 10.80M | 11.63M | 11.63M |
| Weighted Avg Shares Out (Dil) | 11.93M | 11.59M | 10.80M | 11.63M | 11.63M |
Dave to Report First Quarter 2024 Results on May 7, 2024 at 8:30 a.m. ET
LOS ANGELES, April 19, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, May 7, 2024 at 8:30 a.m. Eastern time to discuss its...
Socure Releases Multi-Layered AI Defense System That Defeats Deepfakes and Other Identity Fraud in Under Two Seconds
INCLINE VILLAGE, Nev. , April 18, 2024 /PRNewswire/ -- Socure , the leading provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, today launched its next generation Document Verification (DocV) solution, purpose-built to tackle the rash...
Dave & Buster's, Cal-Maine Foods Spike After Rounding Out Earnings
Arcade and restaurant chain Dave & Buster's rallied on its Q4 report. Cal-Maine Foods jumps on Q3 results despite bird flu outbreak.
Dave to Participate in the FT Partners Equity Research Weekly Forum on March 22nd
LOS ANGELES, March 21, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, today announced that the Company will participate in the upcoming virtual FT Partners Equity Research Weekly Forum being...
Dave Inc. (DAVE) Q4 2023 Earnings Call Transcript
Dave Inc. (NASDAQ:DAVE ) Q4 2023 Earnings Conference Call March 5, 2024 8:30 AM ET Company Participants Jason Wilk - CEO Kyle Beilman - CFO Conference Call Participants Operator Good morning, everyone, and thank you for participating in today's Conference...
Dave Reports Record Fourth Quarter and Full Year 2023 Results; Reaches Significant Quarterly Profitability Milestone
Revenue growth accelerates in Q4 to drive record Total Revenue Achieves Profitability with Q4 GAAP Net Income of $0.2 Million and Q4 Adjusted EBITDA of $10.0 Million Results outperform guidance across all metrics
Dave: Ready To Move Higher In 2024
Encouragingly, Dave is poised to achieve breakeven in Q4 2023, a testament to its effective strategies and operational success. However, concerns arise regarding Dave's balance sheet, with a drawn credit facility and convertible notes signaling a need for careful liquidity...
Dave to Participate in a Fireside Chat at the Citizens JMP Technology Conference on March 5ᵗʰ in San Francisco
LOS ANGELES, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, today announced that the Company will participate in the upcoming Citizens JMP Technology Conference at The Ritz-Carlton in...
Dave to Report Fourth Quarter and Full Year 2023 Results on March 5, 2024 at 8:30 a.m. ET
LOS ANGELES, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, March 5, 2024 at 8:30 a.m. Eastern time to discuss its...
Dave to Participate at the Wolfe Fintech Forum on March 14
LOS ANGELES, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, today announced that the Company will participate in the upcoming Wolfe Fintech Forum being held March 13-14, 2024...
Source: https://incomestatements.info
Category: Stock Reports