DAVE Q1 2022 Earnings — Dave Inc. Revenue & Financial Results | Market Cap Arena

DAVEDave Inc.

$3B

Q1 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$43M+23.6% YoY

Gross Profit

$18M42.6% margin

Operating Income

-$23M-53.3% margin

Net Income

-$33M-77.1% margin

EPS (Diluted)

$-3.00

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

-$37M

Free Cash Flow

-$40M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$388M

Total Liabilities

$213M

Stockholders' Equity

$174M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$43M	$34M	+23.6%
Gross Profit	$18M	$20M	-8.6%
Operating Income	-$23M	$5M	-549.4%
Net Income	-$33M	$4M	-929.8%

Revenue Segments

Service Based Revenue

$39M92%

Transaction Based Revenue

$3M8%