Dave Inc. (DAVE)
| Market Cap | 529.70M |
| Revenue (ttm) | 259.09M |
| Net Income (ttm) | -48.52M |
| Shares Out | 12.38M |
| EPS (ttm) | -4.07 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 88,892 |
| Open | 42.32 |
| Previous Close | 42.91 |
| Day's Range | 38.10 - 45.98 |
| 52-Week Range | 4.47 - 45.74 |
| Beta | 3.17 |
| Analysts | Buy |
| Price Target | 45.00 (+5.07%) |
| Earnings Date | May 7, 2024 |
About DAVE
Dave Inc. provides a suite of financial products and services through its financial services platform. The company offers Budget, personal financial management tool that helps members with budgeting, and managing income and expenses; ExtraCash, a short-term liquidity alternative, which allows members to advance funds to their account through automated clearing house network and avoid a fee; Side Hustle, a job application portal to find supplemental or temporary work; and Surveys, which allows member to take paid surveys within the Dave mobile a... [Read more]
Financial Performance
In 2023, Dave Inc.'s revenue was $259.09 million, an increase of 26.49% compared to the previous year's $204.84 million. Losses were -$48.52 million, -62.36% less than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for DAVE stock is "Buy" and the 12-month stock price forecast is $45.0.
News
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....
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 laun...
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 upcom...
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...
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 upcomi...
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...
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 upcomi...
Neobank Dave Joins the American Fintech Council to Create Financial Inclusivity in Digital Banking
LOS ANGELES , Feb. 13, 2024 /PRNewswire/ -- Dave Inc. (Nasdaq: DAVE), one of the nation's leading neobanks, today announced it has become the newest member of the American Fintech Council (AFC), the p...
Dave's Repurchase of FTX Convertible Note for $71 Million Finalized
Note Repurchase at a $35 Million Discount Relative to $105.5 Million Total Liability Transaction Capitalizes on Strength of Balance Sheet and Enhances Ability to Deliver on Strategic Objectives LOS AN...
Aisera & Dave Launch DaveGPT, a Generative AI Customer Service Assistant to Enable Personalized On-Demand Support
Resolution rate increased to 89% with mobile app GPT experiences PALO ALTO, Calif. , Jan. 16, 2024 /PRNewswire/ -- Aisera , a pioneer of Generative AI solutions for the enterprise, today announced tha...
Dave Announces Repurchase of $100 million Convertible Note from FTX for $71 million
LOS ANGELES , Jan. 5, 2024 /PRNewswire/ -- Dave Inc. ("Dave" or the "Company") (Nasdaq: DAVE), one of the nation's leading neobanks, today announced it has reached an agreement with FTX Ventures Ltd. ...
Dave to Report Third Quarter 2023 Results on November 7, 2023 at 4:30 p.m. ET
LOS ANGELES, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, November 7, 2023 at 4:3...
Dave Amends Credit Facility to Increase Capacity and Advance Rate, Reduce Cost of Funds, and Extend Maturity
LOS ANGELES, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, has amended its existing Delayed Draw Senior Secured Loan Faci...
Dave Announces John Ricci's Retirement, Names Joan Aristei as Successor and Chief Legal Officer
LOS ANGELES , Sept. 7, 2023 /PRNewswire/ -- Dave Inc. (Nasdaq: DAVE), one of the nation's leading neobanks, today announced that John Ricci, General Counsel, will retire on September 29, 2023.
Dave to Participate at the H.C. Wainwright Global Investment Conference on September 12
LOS ANGELES, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, today announced its management team will participate in the upc...
Entities Managed by Imran Khan to Acquire 2.5% Stake in Dave via Secondary Market Transaction
Former Snap Inc. Chief Strategy Officer to Join Dave's Board of Directors LOS ANGELES , Aug. 8, 2023 /PRNewswire/ -- Dave Inc. ("Dave" or the "Company") (Nasdaq: DAVE), one of the nation's leading neo...
Dave Announces Second Quarter 2023 Results
Q2 GAAP Revenue up 34% Year Over Year to $61.2 Million; Q2 Non-GAAP Variable Profit up 78% Q2 Net Loss Improves by 17% Year Over Year; Adj. EBITDA Loss Improves 54% to $13.1 Million Raising Non-GAAP V...
Dave Announces 4.00% Annual Percentage Yield For Checking and Savings Accounts
Dave offers industry-leading APY for all members to grow their money LOS ANGELES , Aug. 1, 2023 /PRNewswire/ -- Dave (Nasdaq: DAVE), one of the nation's leading neobanks, today announced a 4.00% annua...
Dave Partners with Drew League, LA's Pro-Am Basketball Team
Dave joins as the league's Official Financial Services Partner and first fintech partner LOS ANGELES , July 27, 2023 /PRNewswire/ -- Dave (NASDAQ: DAVE), one of the nation's leading neobanks, announce...
Dave to Report Second Quarter 2023 Results on August 8, 2023 at 4:30 p.m. ET
LOS ANGELES, July 20, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (the “Company”) (Nasdaq: DAVE, DAVEW), one of the nation's leading neobanks, will host a conference call on Tuesday, August 8, 2023 at 4:30 p.m...
Dave Inc. Announces Appointment of Yadin Rozov to Board of Directors
LOS ANGELES , July 10, 2023 /PRNewswire/ -- Dave Inc. (Nasdaq: DAVE), one of the nation's leading neobanks, announced today the appointment of Yadin Rozov, a financial expert with deep experience in m...
Dave to Present at the LD Micro Invitational XIII on June 7, 2023
Los Angeles, California--(Newsfile Corp. - May 31, 2023) - Dave Inc. (NASDAQ: DAVE), one of the leading U.S. neobanks, announced today that its management team will present and host one-on-one meeting...
Dave Members Earn More Than $1 Million with New Survey Offering
Dave Partners with inBrain.ai, a Dynata solution, to expand its Side Hustle Platform LOS ANGELES , May 23, 2023 /PRNewswire/ -- Dave Inc. (NASDAQ: DAVE), one of the nation's leading neobanks, announ...
Dave Schedules First Quarter 2023 Conference Call for May 9, 2023 at 4:30 p.m. ET
LOS ANGELES, April 27, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (the “Company”) (Nasdaq: DAVE, DAVEW), one of the leading U.S. neobanks, will host a conference call on Tuesday, May 9, 2023 at 4:30 p.m. East...
Dave Inc. Announces Fourth Quarter and Full Year 2022 Results
Q4 Record GAAP Revenue Grew 45% Year Over Year Q4 Transaction Based Revenue Grew 88% Year Over Year Q4 Net Loss and Adj. EBITDA Improved by 55% and 59%, Respectively, From Q3 2022 Q4 28-Day Delinquenc...