For the quarter ending 2025-09-30, DAVEW had $353K increase in cash & cash equivalents over the period. $196,505K in free cash flow.
| Cash Flow | 2025-09-30 |
|---|---|
| Revenues | 390,461 |
| Provision for credit losses | 65,744 |
| Processing and servicing costs | 23,561 |
| Financial network and transaction costs | 21,644 |
| Advertising and activation costs | 46,297 |
| Employee salaries and bonuses | 45,307 |
| Capitalized compensation costs | -4,805 |
| Stock-based compensation | 23,011 |
| Temporary labor and contractors | 4,569 |
| Other compensation, benefits and payroll taxes | 10,441 |
| Technology and infrastructure | 8,812 |
| Other operating expenses | 23,751 |
| Total operating expenses | 268,332 |
| Interest income | 1,313 |
| Interest expense | 5,324 |
| Changes in fair value of earnout liabilities | 2,655 |
| Changes in fair value of public and private warrant liabilities | 11,657 |
| Total other (income) expense, net | -18,323 |
| Net income before provision (benefit) for income taxes | 103,806 |
| Provision (benefit) for income taxes | -26,118 |
| Net income | 129,924 |
| Depreciation and amortization | 5,038 |
| Provision for credit losses | 65,744 |
| Changes in fair value of earnout liabilities | 2,655 |
| Changes in fair value of public and private warrant liabilities | 11,657 |
| Gain on extinguishment of convertible debt | 0 |
| Stock-based compensation | 23,011 |
| Deferred income taxes | -30,277 |
| Non-cash interest | 0 |
| Non-cash lease expense | -29 |
| Changes in fair value of marketable securities and investments | 99 |
| Extracash receivables, service based revenue | 12,614 |
| Prepaid income taxes | 0 |
| Prepaid expenses and other current assets | 9,806 |
| Accounts payable | 1,073 |
| Accrued expenses | -1,424 |
| Legal settlement accrual | 9,038 |
| Other current liabilities | 538 |
| Othernon-currentliabilities | 2,116 |
| Other non-current assets | 12 |
| Net cash provided by operating activities | 196,731 |
| Payments for internally developed software costs | 4,805 |
| Purchase of property and equipment | 226 |
| Net originations, purchases and collections of extracash receivables | 145,567 |
| Purchase of investments | 169,732 |
| Sale and maturity of investments | 168,314 |
| Purchase of marketable securities | 3 |
| Sale of marketable securities | 100 |
| Net cash used in investing activities | -151,919 |
| Repurchases of class a common stock | 31,890 |
| Proceeds from issuance of common stock for stock option exercises | 750 |
| Payment of taxes for shares withheld related to net share settlement | 13,319 |
| Payment of costs for extinguishment of convertible debt | 0 |
| Repayment of borrowings on convertible debt, long-term | 0 |
| Net cash used in financing activities | -44,459 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 353 |
| Cash and cash equivalents at beginning of period | 51,377 |
| Cash and cash equivalents at end of period | 51,730 |
Dave Inc. DE (DAVEW)
Dave Inc. DE (DAVEW)