← Dave Inc./DE
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| Net income (loss) | ($5.3m) |
($128.9m)
-2346.19%
|
($48.5m)
+62.36%
|
$57.9m
+219.28%
|
$195.9m
+238.44%
|
— | |
| Depreciation and amortization | $3.1m | $7.1m | $5.5m | $7.7m | $7.1m | $7.7m | |
| Deferred income taxes | — | — | $0 | $0 | ($34.2m) | ($34.5m) | |
| Stock-based compensation | $7.4m | $40.6m | $26.7m | $37.3m | $29.9m | $37.5m | |
| ExtraCash receivables, service based revenue | ($2.3m) | ($6.8m) | ($4.1m) | ($6.2m) | ($16.7m) | — | |
| Net originations, purchases and collections of ExtraCash receivables | — | — | ($63.0m) | ($111.5m) | ($195.8m) | — | |
| Accounts payable | $2.6m | $330k | ($5.9m) | $1.3m | $1.6m | ($664k) | |
| Property and equipment purchases in accounts payable and accrued liabilities | — | $3k | $2k | $0 | $0 | — | |
| Accrued expenses | $5.0m | ($1.7m) | $1.7m | $4.1m | ($2.0m) | $4.1m | |
| Prepaid expenses and other current assets | ($311k) | ($6.8m) | $3.3m | ($8.2m) | ($1.9m) | — | |
| Other current liabilities | ($1.6m) | ($263k) | ($446k) | $267k | $3.9m | $5.9m | |
| Net cash provided by operating activities | ($2.1m) |
($44.9m)
-2046.72%
|
$33.8m
+175.20%
|
$125.1m
+270.73%
|
$290.0m
+131.76%
|
$326.9m
+12.73%
|
|
| Purchase of property and equipment | ($371k) | ($728k) | ($688k) | ($262k) | ($317k) | ($7.8m) | |
| Changes in fair value of marketable securities and investments | $1k | ($578k) | $44k | ($16k) | $76k | — | |
| Purchase of investments | — | ($202.1m) | ($120.0m) | ($111.3m) | ($190.0m) | ($128.5m) | |
| Sale and maturity of investments | — | $32.2m | $177.9m | $183.7m | $189.8m | — | |
| Purchase of marketable securities | ($5k) | ($317.7m) | ($34.4m) | ($59.3m) | ($3k) | — | |
| Sale of marketable securities | $9.4m | $325.6m | $33.7m | $60.1m | $100k | — | |
| Net cash used in investing activities | ($253.8m) | ($285.6m) | ($14.4m) | ($45.8m) | ($202.7m) | ($103.6m) | |
| Gain on extinguishment of convertible debt | $0 | ($4.3m) | $0 | ($33.4m) | $0 | — | |
| Payment of costs for extinguishment of convertible debt | — | — | $0 | ($1.3m) | $0 | — | |
| Repayment of borrowings on convertible debt, long-term | — | — | $0 | ($71.0m) | $0 | — | |
| Repurchases of Class A common stock | $0 | ($536k) | $0 | $0 | ($43.7m) | — | |
| Proceeds from issuance of common stock for stock option exercises | $1.7m | $620k | $34k | $1.3m | $761k | — | |
| Payment of taxes for shares withheld related to net share settlement | — | — | $0 | $0 | ($13.3m) | — | |
| Net cash (used in) provided by financing activities | $255.9m |
$321.8m
+25.72%
|
$22k
-99.99%
|
($71.0m)
-322804.55%
|
($56.3m)
+20.72%
|
— | |
| Cash and cash equivalents and restricted cash, beginning of the year | $32.4m | $23.7m | $43.1m | $51.4m | $82.4m | — | |
| Net increase in cash and cash equivalents and restricted cash | $27.3m | ($8.7m) | $19.4m | $8.3m | $31.0m | — | |
| Restricted cash | $363k | $788k | $1.3m | $1.7m | $1.8m | — | |
| Additional Supplementary Disclosures | |||||||
| Additional Supplementary Disclosures | |||||||
| Provision for credit losses | — | $66.3m | $58.4m | $54.6m | $91.0m | — | |
| Changes in fair value of earnout liabilities | $0 | ($9.6m) | ($22k) | $965k | $3.3m | — | |
| Changes in fair value of public and private warrant liabilities | ($3.1m) | ($14.2m) | ($260k) | $1.7m | $9.9m | — | |
| Non-cash interest | ($233k) | $2.3m | $3.1m | $251k | $0 | — | |
| Non-cash lease expense | $78k | ($100k) | ($20k) | ($21k) | ($38k) | — | |
| Prepaid income taxes | $2.6m | $550k | $683k | $148k | $0 | — | |
| Legal settlement accrual | $500k | $5.7m | ($6.1m) | $3.8m | $733k | — | |
| Other non-current liabilities | ($466k) | $0 | $5k | $2.9m | $1.4m | — | |
| Other non-current assets | $0 | ($137k) | ($266k) | $23k | $23k | — | |
| Payments for internally developed software costs | ($6.1m) | ($8.6m) | ($7.9m) | ($7.3m) | ($6.5m) | — | |
| Payment for fractional shares on reverse stock split | — | $0 | ($12k) | $0 | $0 | — | |
| Operating lease right of use assets recognized | $2.5m | $0 | $298k | $0 | $0 | — | |
| Operating lease liabilities recognized | $2.5m | $0 | $298k | $0 | $0 | — | |
| Income taxes | ($2.5m) | ($622k) | ($586k) | ($109k) | $5.6m | — | |
| Interest | $2.0m | $5.7m | $8.6m | $7.7m | $6.9m | $6.7m | |
| Cash and cash equivalents | $32.0m | $22.9m | $41.8m | $49.7m | $80.5m | $63.5m |