Dave Inc. (DAVE)

Dave Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	381.43	347.08	259.09	204.84	153.01	121.8
Revenue Growth (YoY)	39.31%	33.96%	26.49%	33.87%	25.63%	59.78%
Cost of Revenue	139.75	137.41	123.84	135.38	65.52	42.26
Gross Profit	241.68	209.67	135.26	69.46	87.49	79.54
Selling, General & Admin	46.47	45.25	48.72	71.22	60.36	40.17
Other Operating Expenses	75.56	75.18	70.35	63.67	74.01	40.76
Operating Expenses	177.32	175.06	177.46	201.16	134.37	80.92
Operating Income	64.36	34.61	-42.2	-131.7	-46.88	-1.38
Interest Expense	-7.53	-7.99	-11.77	-9.2	-2.55	-0.02
Interest & Investment Income	1.92	2.98	5.3	2.95	0.29	0.41
Other Non Operating Income (Expenses)	-1.6	-1.73	0.26	4.03	30.91	-1.36
EBT Excluding Unusual Items	57.15	27.88	-48.42	-133.91	-18.23	-2.35
Asset Writedown	-	-	-	-2.7	-	-
Legal Settlements	-	-	-	-6.28	-1.67	-4.47
Other Unusual Items	-0.37	32.48	0.02	13.92	-	-
Pretax Income	56.78	60.35	-48.4	-128.97	-19.9	-6.81
Income Tax Expense	4.33	2.48	0.12	-0.07	0.1	0.15
Net Income	52.44	57.87	-48.52	-128.91	-19.99	-6.96
Net Income to Common	52.44	57.87	-48.52	-128.91	-19.99	-6.96
Shares Outstanding (Basic)	13	13	12	12	4	4
Shares Outstanding (Diluted)	14	14	12	12	4	4
Shares Change (YoY)	17.89%	15.82%	2.99%	171.58%	10.80%	-50.27%
EPS (Basic)	4.11	4.62	-4.07	-11.12	-4.69	-1.81
EPS (Diluted)	3.70	4.19	-4.07	-11.12	-4.69	-1.92
Free Cash Flow	151.75	124.88	33.07	-45.61	-0.91	21.51
Free Cash Flow Per Share	10.70	9.03	2.77	-3.94	-0.21	5.58
Gross Margin	63.36%	60.41%	52.20%	33.91%	57.18%	65.31%
Operating Margin	16.87%	9.97%	-16.29%	-64.29%	-30.64%	-1.13%
Profit Margin	13.75%	16.67%	-18.73%	-62.93%	-13.07%	-5.71%
Free Cash Flow Margin	39.79%	35.98%	12.76%	-22.27%	-0.60%	17.66%
EBITDA	64.95	35.39	-41.56	-130.86	-46.62	-1.26
EBITDA Margin	17.03%	10.20%	-16.04%	-63.89%	-30.47%	-1.04%
D&A For EBITDA	0.58	0.78	0.64	0.83	0.26	0.12
EBIT	64.36	34.61	-42.2	-131.7	-46.88	-1.38
EBIT Margin	16.87%	9.97%	-16.29%	-64.29%	-30.64%	-1.13%
Effective Tax Rate	7.63%	4.11%	-	-	-	-
Revenue as Reported	381.43	347.08	259.09	204.84	153.01	121.8
Advertising Expenses	-	44.9	48.39	69.04	51.45	38.02

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q