DAVE Q1 2024 Earnings — Dave Inc. Revenue & Financial Results | Market Cap Arena

DAVEDave Inc.

$3B

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$74M+24.9% YoY

Gross Profit

$66M89.5% margin

Operating Income

$5M7.3% margin

Net Income

$34M46.5% margin

EPS (Diluted)

$2.60

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$17M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$236M

Total Liabilities

$108M

Stockholders' Equity

$127M

Cash & Equivalents

$56M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$74M	$59M	+24.9%
Gross Profit	$66M	$27M	+140.2%
Operating Income	$5M	-$12M	+143.3%
Net Income	$34M	-$14M	+344.2%

Revenue Segments

Processing Fees

$45M76%

Transaction Based Revenue

$8M14%

Subscriptions

$6M10%

Other

$113,0000%