DAVE Q4 2022 Earnings — Dave Inc. Revenue & Financial Results | Market Cap Arena

DAVEDave Inc.

$3B

Q4 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$60M+44.8% YoY

Gross Profit

$29M49.0% margin

Operating Income

-$20M-33.4% margin

Net Income

-$22M-36.1% margin

EPS (Diluted)

$-1.82

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$6M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$321M

Total Liabilities

$215M

Stockholders' Equity

$107M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$60M	$41M	+44.8%
Gross Profit	$29M	$27M	+7.2%
Operating Income	-$20M	$7M	-400.4%
Net Income	-$22M	-$15M	-41.5%

Revenue Segments

Processing Fees

$32M73%

Transaction Based Revenue

$6M13%

Subscriptions

$5M12%

Other

$351,0001%