davew: the income statement

MyFinsight

For the quarter ending 2025-09-30, DAVEW made $150,725K in revenue. $92,072K in net income. Net profit margin of 61.09%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30
Revenues	150,725
Provision for credit losses	29,846
Processing and servicing costs	9,404
Financial network and transaction costs	7,378
Advertising and activation costs	18,911
Compensation and benefits	24,842
Technology and infrastructure	3,192
Other operating expenses	11,254
Total operating expenses	104,827
Interest income	294
Interest expense	1,789
Changes in fair value of earnout liabilities	-4,841
Changes in fair value of public and private warrant liabilities	-9,186
Total other (income) expense, net	12,532
Net income before provision (benefit) for income taxes	58,430
Provision (benefit) for income taxes	-33,642
Net income	92,072

Basic	6.84
Earnings per share, diluted, total	6.34
Weighted-average shares of common stockbasic	13,457,671
Weighted-average shares of common stockdiluted	14,525,301