For the quarter ending 2025-09-30, DAVE made $150,725,000 in revenue. $92,072,000 in net income. Net profit margin of 61.09%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 150,725,000 | 131,757,000 | 107,979,000 | 84,862,333.333 |
| Provision for credit losses | 29,846,000 | 25,295,000 | 10,603,000 | 13,648,666.667 |
| Processing and servicing costs | 9,404,000 | 7,170,000 | 7,106,000 | 7,267,000 |
| Financial network and transaction costs | 7,378,000 | 7,227,000 | - | - |
| Advertising and marketing | - | - | 10,315,000 | 10,801,000 |
| Advertising and activation costs | 18,911,000 | 15,456,000 | - | - |
| Compensation and benefits | 24,842,000 | 26,430,000 | 27,510,000 | 25,421,666.667 |
| Technology and infrastructure | 3,192,000 | 2,894,000 | - | - |
| Other operating expenses | 11,254,000 | 6,203,000 | 17,296,000 | 17,037,000 |
| Total operating expenses | 104,827,000 | 90,675,000 | 72,830,000 | 74,175,333.333 |
| Interest income | 294,000 | 588,000 | 431,000 | 848,333.333 |
| Interest expense | 1,789,000 | 1,777,000 | 1,758,000 | 2,008,333.333 |
| Gain on extinguishment of convertible debt | - | - | - | 8,360,500 |
| Changes in fair value of earnout liabilities | -4,841,000 | 7,894,000 | -398,000 | 3,114,166.667 |
| Changes in fair value of public and private warrant liabilities | -9,186,000 | 20,491,000 | 352,000 | 508,666.667 |
| Total other (income) expense, net | 12,532,000 | -29,574,000 | -1,281,000 | 9,151,333.333 |
| Net income before provision (benefit) for income taxes | 58,430,000 | 11,508,000 | 33,868,000 | 19,838,333.333 |
| Provision (benefit) for income taxes | -33,642,000 | 2,468,000 | 5,056,000 | 702,666.667 |
| Net income | 92,072,000 | 9,040,000 | 28,812,000 | 19,135,666.667 |
| Basic | 6.84 | 0.68 | 2.19 | 1.527 |
| Earnings per share, diluted, total | 6.34 | 0.62 | 1.97 | 1.387 |
| Weighted-average shares of common stockbasic | 13,457,671 | 13,364,926 | 13,126,286 | -39,501.667 |
| Weighted-average shares of common stockdiluted | 14,525,301 | 14,554,218 | 14,646,526 | -36,690 |
Dave Inc. DE (DAVE)
Dave Inc. DE (DAVE)