Dave Inc. Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	224.99	195.87	57.87	-48.52	-128.91	-19.99
Depreciation & Amortization	7.22	7.13	7.68	5.54	7.13	3.06
Stock-Based Compensation	29.48	29.9	37.33	26.67	40.64	7.38
Other Adjustments	108.79	70.04	24.09	61.24	45.35	0.86
Change in Receivables	-15.07	-16.66	-6.16	-4.08	-6.84	-2.28
Changes in Accounts Payable	0.42	1.59	1.28	-5.94	0.33	2.57
Changes in Accrued Expenses	-1.67	-1.28	7.86	-4.46	4.07	7.64
Changes in Income Taxes Payable	10.11	-	0.15	0.68	0.55	2.63
Changes in Other Operating Activities	-3.3	3.43	-4.96	2.6	-7.21	-2.4
Operating Cash Flow	326.8	290.02	125.14	33.75	-44.88	-0.54
Operating Cash Flow Growth	114.95%	131.76%	270.73%	-	-	-
Capital Expenditures	-0.3	-0.32	-0.26	-0.69	-0.73	-0.37
Purchases of Intangible Assets	-6.63	-6.46	-7.3	-7.9	-8.58	-6.11
Purchases of Investments	-178.12	-190.02	-170.59	-154.42	-519.77	-0.01
Proceeds from Sale of Investments	176.54	189.87	243.78	211.59	357.82	9.44
Other Investing Activities	-176.42	-195.83	-111.48	-62.97	-114.32	-40.16
Investing Cash Flow	-40.92	-202.75	-45.84	-14.38	-285.58	-37.2
Short-Term Debt Repaid	-	-	-	-	-20	-3.91
Net Short-Term Debt Issued (Repaid)	-	-	-	-	-20	-3.91
Long-Term Debt Issued	193.08	-	-	-	100	70
Long-Term Debt Repaid	-	-	-72.26	-	-	-
Net Long-Term Debt Issued (Repaid)	193.08	-	-72.26	-	100	70
Issuance of Common Stock	0.52	0.76	1.27	0.03	225.31	1.71
Repurchase of Common Stock	-223.56	-43.73	-	-0.01	-0.54	-
Net Common Stock Issued (Repurchased)	-223.04	-42.97	1.27	0.02	224.77	1.71
Other Financing Activities	-25.5	-13.32	-	-	-23.01	-2.75
Financing Cash Flow	-55.47	-56.29	-71	0.02	321.77	65.05
Net Cash Flow	86.51	30.99	8.3	19.4	-8.7	27.3
Free Cash Flow	326.5	289.71	124.88	33.07	-45.61	-0.91
Free Cash Flow Growth	12.70%	132.00%	277.65%	-	-	-
FCF Margin	54.00%	52.28%	35.98%	12.76%	-22.27%	-0.60%
Free Cash Flow Per Share	22.55	20.01	9.03	2.77	-3.94	-0.21
Levered Free Cash Flow	430.54	206.43	-2.65	-50.77	-44.76	59.21
Unlevered Free Cash Flow	244.86	228.1	44.93	-44.56	-130.18	-33.99

SEC Filings: 10-K · 10-Q