DAVE Q2 2024 Earnings — Dave Inc. Revenue & Financial Results | Market Cap Arena

DAVEDave Inc.

$3B

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$80M+30.8% YoY

Gross Profit

$72M90.3% margin

Operating Income

$6M7.1% margin

Net Income

$6M7.9% margin

EPS (Diluted)

$0.47

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$26M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$247M

Total Liabilities

$105M

Stockholders' Equity

$142M

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$80M	$61M	+30.8%
Gross Profit	$72M	$30M	+140.5%
Operating Income	$6M	-$21M	+127.1%
Net Income	$6M	-$23M	+128.1%

Revenue Segments

Processing Fees

$50M77%

Transaction Based Revenue

$8M13%

Subscriptions

$6M9%

Other

$129,0000%