Financial Snapshot

Revenue
$319.4M
TTM
Gross Margin
Net Earnings
$41.25M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
680.64%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$155.8M
Q3 2024
Cash
Q3 2024
P/E
27.13
Nov 29, 2024 EST
Free Cash Flow
$92.88M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019
Revenue $259.1M $204.8M $153.0M $121.8M $76.23M
YoY Change 26.49% 33.87% 25.63% 59.78%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $259.1M $204.8M $153.0M $121.8M $76.23M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

Operating Profits/Loss

No data

Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $230.6M $270.7M $156.6M $107.4M $67.08M
YoY Change -14.8% 72.82% 45.82% 60.13%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.544M $7.133M $3.055M $1.718M $805.0K
YoY Change -22.28% 133.49% 77.82% 113.42%
% of Gross Profit
Operating Expenses $301.3M $339.2M $199.9M $123.2M $74.45M
YoY Change -11.18% 69.71% 62.28% 65.45%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $11.77M $9.197M $32.53M $392.0K -$959.0K
YoY Change 28.02% -71.73% 8199.23% -140.88%
% of Operating Profit
Other Income/Expense, Net -$6.197M $5.422M -$3.884M -$1.356M $0.00
YoY Change -214.29% -239.6% 186.43%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$48.40M -$129.0M -$19.90M -$6.812M $1.332M
YoY Change -62.48% 548.24% 192.07% -611.41%
Income Tax $120.0K -$67.00K $97.00K $145.0K $545.0K
% Of Pretax Income 40.92%
Net Earnings -$48.52M -$128.9M -$19.99M -$6.957M $787.0K
YoY Change -62.36% 544.76% 187.38% -983.99%
Net Earnings / Revenue -18.73% -62.93% -13.07% -5.71% 1.03%
Basic Earnings Per Share -$4.07 -$11.12 -$4.69
Diluted Earnings Per Share -$4.07 -$11.12 -$53.75K -$18.70K $2.116K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $155.9M $192.0M $40.24M $22.46M $31.71M
YoY Change -18.77% 377.1% 79.18% -29.19%
Cash & Equivalents $41.76M $22.89M $32.01M $4.789M $6.406M
Short-Term Investments $114.2M $169.1M $8.226M $17.67M $25.31M
Other Short-Term Assets $7.955M $11.59M $9.574M $4.145M $1.462M
YoY Change -31.37% 21.07% 130.98% 183.52%
Inventory
Prepaid Expenses
Receivables $112.8M $104.2M $49.01M $38.74M $29.04M
Other Receivables $148.0K $831.0K $1.381M $4.008M $0.00
Total Short-Term Assets $276.9M $308.6M $100.2M $69.35M $62.22M
YoY Change -10.27% 207.94% 44.48% 11.47%
Property, Plant & Equipment $1.891M $1.761M $3.387M $1.894M $2.180M
YoY Change 7.38% -48.01% 78.83% -13.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $35.25M $457.0K $457.0K
YoY Change -100.0% 7614.0% 0.0%
Other Assets $2.040M $1.000M $494.0K $197.0K $146.0K
YoY Change 104.0% 102.43% 150.76% 34.93%
Total Long-Term Assets $17.14M $12.92M $46.98M $7.053M $4.873M
YoY Change 32.6% -72.49% 566.14% 44.74%
Total Assets $294.0M $321.5M $147.2M $76.41M $67.09M
YoY Change
Accounts Payable $5.485M $11.42M $13.04M $8.492M $6.502M
YoY Change -51.96% -12.47% 53.6% 30.61%
Accrued Expenses $15.10M $19.69M $17.70M $8.925M $2.259M
YoY Change -23.33% 11.22% 98.35% 295.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $35.05M $3.910M $0.00
YoY Change -100.0% 796.45%
Long-Term Debt Due $0.00 $695.0K $0.00
YoY Change -100.0%
Total Short-Term Liabilities $25.60M $36.42M $68.63M $24.18M $9.575M
YoY Change -29.69% -46.94% 183.85% 152.53%
Long-Term Debt $180.5M $177.3M $35.00M $695.0K $695.0K
YoY Change 1.76% 406.64% 4935.97% 0.0%
Other Long-Term Liabilities $905.0K $1.190M $4.815M $1.686M $1.526M
YoY Change -23.95% -75.29% 185.6% 10.49%
Total Long-Term Liabilities $181.4M $178.5M $39.81M $2.381M $2.221M
YoY Change 1.59% 348.36% 1572.26% 7.2%
Total Liabilities $207.0M $214.9M $108.4M $26.56M $11.80M
YoY Change -3.71% 98.19% 308.3% 125.17%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 11.93M 11.59M 4.267M
Diluted Shares Outstanding 11.93M 11.59M 4.267M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.1192 Billion

About Dave Inc./DE

Dave, Inc. is a digital banking service. The company is headquartered in Los Angeles, California and currently employs 285 full-time employees. The company went IPO on 2021-03-05. The firm has built an integrated and fully digital financial services platform that provides millions of Americans with a variety of financial products. The firm offers cash advances through its flagship 0% interest ExtraCash product. Through its Banking, the Company provides a digital checking account service, integrated with ExtraCash advances. Its members can have access to tools for building long-term financial health, such as goals savings accounts and customizable automatic round-up savings on debit spend transactions. Its ExtraCash and banking products are offered through its bank partner, Evolve Bank & Trust. The company also helps members generate extra income for spending or emergencies through its Side Hustle product, where the Company presents members with supplemental work opportunities, and through its Surveys product, where members can earn supplemental income by taking surveys.

Industry: Finance Services Peers: Applied Digital Corp. Avaya Holdings Corp. Benefitfocus, Inc. CLEANSPARK, INC. CoreCard Corp Embark Technology, Inc. KLDiscovery Inc. Salesforce, Inc. SMITH MICRO SOFTWARE, INC. Veritone, Inc.