DAVE Q3 2023 Earnings — Dave Inc. Revenue & Financial Results | Market Cap Arena

DAVEDave Inc.

$3B

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$66M+15.9% YoY

Gross Profit

$59M89.3% margin

Operating Income

$00.0% margin

Net Income

-$12M-18.3% margin

EPS (Diluted)

$-1.01

QoQ Revenue Growth

+7.5%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$13M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$294M

Total Liabilities

$215M

Stockholders' Equity

$79M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$66M	$57M	+15.9%
Gross Profit	$59M	$23M	+155.2%
Operating Income	$0	-$38M	+100.0%
Net Income	-$12M	-$48M	+74.6%

Revenue Segments

Processing Fees

$39M76%

Transaction Based Revenue

$7M13%

Subscriptions

$5M10%

Other

$346,0001%