DAVE Q2 2022 Earnings — Dave Inc. Revenue & Financial Results | Market Cap Arena

DAVEDave Inc.

$3B

Q2 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$46M+23.0% YoY

Gross Profit

-$923,000-2.0% margin

Operating Income

-$53M-115.7% margin

Net Income

-$27M-59.2% margin

EPS (Diluted)

$-2.33

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$16M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$359M

Total Liabilities

$195M

Stockholders' Equity

$163M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$46M	$37M	+23.0%
Gross Profit	-$923,000	$22M	-104.2%
Operating Income	-$53M	$9M	-713.2%
Net Income	-$27M	-$864,000	-3038.3%

Revenue Segments

Processing Fees

$24M76%

Subscriptions

$4M14%

Transaction Based Revenue

$3M9%

Other

$246,0001%