DAVE Q4 2023 Earnings — Dave Inc. Revenue & Financial Results | Market Cap Arena

DAVEDave Inc.

$3B

Q4 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$73M+22.7% YoY

Gross Profit

$66M89.7% margin

Operating Income

$2M2.4% margin

Net Income

$179,0000.2% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+11.1%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$14M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$294M

Total Liabilities

$207M

Stockholders' Equity

$87M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$73M	$60M	+22.7%
Gross Profit	$66M	$29M	+124.7%
Operating Income	$2M	-$20M	+108.9%
Net Income	$179,000	-$22M	+100.8%

Revenue Segments

Processing Fees

$44M77%

Transaction Based Revenue

$8M13%

Subscriptions

$5M9%

Other

$333,0001%