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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	433.07	347.08	259.09	204.84	153.01	121.8
Revenue Growth (YoY)	47.97%	33.96%	26.49%	33.87%	25.63%	59.78%
Cost of Revenue	143.13	137.41	123.84	135.38	65.52	42.26
Gross Profit	289.94	209.67	135.26	69.46	87.49	79.54
Selling, General & Admin	48.93	45.25	48.72	71.22	60.36	40.17
Other Operating Expenses	75.02	75.18	70.35	63.67	74.01	40.76
Operating Expenses	190.17	175.06	177.46	201.16	134.37	80.92
Operating Income	99.77	34.61	-42.2	-131.7	-46.88	-1.38
Interest Expense	-7.34	-7.99	-11.77	-9.2	-2.55	-0.02
Interest & Investment Income	1.97	2.98	5.3	2.95	0.29	0.41
Other Non Operating Income (Expenses)	-22.37	-1.73	0.26	4.03	30.91	-1.36
EBT Excluding Unusual Items	72.04	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	-8.33	32.48	0.02	13.92	-	-
Pretax Income	63.71	60.35	-48.4	-128.97	-19.9	-6.81
Income Tax Expense	8.58	2.48	0.12	-0.07	0.1	0.15
Net Income	55.12	57.87	-48.52	-128.91	-19.99	-6.96
Net Income to Common	55.12	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)	12.71%	15.82%	2.99%	171.58%	10.80%	-50.27%
EPS (Basic)	4.25	4.62	-4.07	-11.12	-4.69	-1.81
EPS (Diluted)	3.84	4.19	-4.07	-11.12	-4.69	-1.92
Free Cash Flow	191.95	124.88	33.07	-45.61	-0.91	21.51
Free Cash Flow Per Share	13.38	9.03	2.77	-3.94	-0.21	5.58
Gross Margin	66.95%	60.41%	52.20%	33.91%	57.18%	65.31%
Operating Margin	23.04%	9.97%	-16.29%	-64.29%	-30.64%	-1.13%
Profit Margin	12.73%	16.67%	-18.73%	-62.93%	-13.07%	-5.71%
Free Cash Flow Margin	44.32%	35.98%	12.76%	-22.27%	-0.60%	17.66%
EBITDA	100.21	35.39	-41.56	-130.86	-46.62	-1.26
EBITDA Margin	23.14%	10.20%	-16.04%	-63.89%	-30.47%	-1.04%
D&A For EBITDA	0.44	0.78	0.64	0.83	0.26	0.12
EBIT	99.77	34.61	-42.2	-131.7	-46.88	-1.38
EBIT Margin	23.04%	9.97%	-16.29%	-64.29%	-30.64%	-1.13%
Effective Tax Rate	13.47%	4.11%	-	-	-	-
Revenue as Reported	433.07	347.08	259.09	204.84	153.01	121.8
Advertising Expenses	-	44.9	48.39	69.04	51.45	38.02

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q