Financial insights of DAVE

MyFinsight

For the quarter ending 2025-09-30, DAVE made $150,725K in revenue. $92,072K 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	131,757	107,979	69,609*
Provision for credit losses	29,846	25,295	10,603	13,586*
Processing and servicing costs	9,404	7,170	7,106	4,649*
Financial network and transaction costs	7,378	7,227	-	-
Advertising and marketing	-	-	10,315	7,401*
Advertising and activation costs	18,911	15,456	-	-
Compensation and benefits	24,842	26,430	27,510	14,739*
Technology and infrastructure	3,192	2,894	-	-
Other operating expenses	11,254	6,203	17,296	2,273*
Total operating expenses	104,827	90,675	72,830	42,648*
Interest income	294	588	431	1,667*
Interest expense	1,789	1,777	1,758	2,097*
Gain on extinguishment of convertible debt	-	-	-	33,442*
Changes in fair value of earnout liabilities	-4,841	7,894	-398	1,016*
Changes in fair value of public and private warrant liabilities	-9,186	20,491	352	1,120*
Total other (income) expense, net	12,532	-29,574	-1,281	30,876*
Net income before provision (benefit) for income taxes	58,430	11,508	33,868	57,837*
Provision (benefit) for income taxes	-33,642	2,468	5,056	1,362*
Net income	92,072	9,040	28,812	56,475

Basic EPS	6.84	0.68	2.19	4.554
Diluted EPS	6.34	0.62	1.97	4.119
Basic Average Shares	13,457,671	13,364,926	13,126,286	12,402,284
Diluted Average Shares	14,525,301	14,554,218	14,646,526	13,712,512

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.