← Dave Inc./DE
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| Revenues | $153.0m |
$204.8m
+33.87%
|
$259.1m
+26.49%
|
$347.1m
+33.96%
|
$554.2m
+59.67%
|
$643.7m
+16.14%
|
|
| Technology and infrastructure | — | — | $10.6m | $11.0m | $12.1m | — | |
| Other operating expenses | $43.3m | $68.6m | $70.7m | $75.5m | $33.4m | — | |
| Total operating expenses | $199.9m | $339.2m | $301.3m | $312.5m | $367.6m | $338.9m | |
| Interest expense | $2.5m | $9.2m | $11.8m | $8.0m | $7.0m | $7.3m | |
| Interest income | ($287k) | ($3.0m) | ($5.3m) | ($3.0m) | ($1.6m) | $2.7m | |
| Net income (loss) before provision (benefit) for income taxes | ($19.9m) | ($129.0m) | ($48.4m) | $60.4m | $168.0m | $222.6m | |
| Provision (benefit) for income taxes | $97k | ($67k) | $120k | $2.5m | ($27.8m) | — | |
| Net income (loss) | ($20.0m) |
($128.9m)
-544.76%
|
($48.5m)
+62.36%
|
$57.9m
+219.28%
|
$195.9m
+238.44%
|
$222.6m
+13.67%
|
|
| Basic | ($4.66) | ($11.13) | ($4.06) | $4.82 | $12.57 | $16.73 | |
| Diluted | ($4.66) | ($11.13) | ($4.06) | $4.37 | $11.60 | $222,636,000.00 | |
| Provision for credit losses | — | $66.3m | $58.4m | $54.6m | $91.0m | — | |
| Processing and servicing costs | $23.5m | $31.9m | $28.9m | $30.4m | $33.5m | — | |
| Financial network and transaction costs | — | — | $22.7m | $24.7m | $28.2m | — | |
| Advertising and activation costs | — | — | $56.7m | $53.4m | $66.0m | — | |
| Compensation and benefits | $49.5m | $103.4m | $94.9m | $107.0m | $103.4m | — | |
| Gain on extinguishment of convertible debt | $0 | ($4.3m) | $0 | ($33.4m) | $0 | — | |
| 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 | — | |
| Total other (income) expense, net | $1.1m | ($5.4m) | $6.2m | ($25.7m) | $18.6m | — |