DAVE Q3 2022 Earnings — Dave Inc. Revenue & Financial Results | Market Cap Arena

DAVEDave Inc.

$3B

Q3 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$57M+41.3% YoY

Gross Profit

$23M40.5% margin

Operating Income

-$38M-66.8% margin

Net Income

-$48M-83.6% margin

EPS (Diluted)

$-4.04

QoQ Revenue Growth

+24.0%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$17M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$334M

Total Liabilities

$211M

Stockholders' Equity

$123M

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$57M	$40M	+41.3%
Gross Profit	$23M	$19M	+24.0%
Operating Income	-$38M	-$16M	-142.0%
Net Income	-$48M	-$8M	-502.2%

Revenue Segments

Processing Fees

$30M76%

Subscriptions

$5M13%

Transaction Based Revenue

$4M10%

Other

$314,0001%