YOLFTbeta
Dave Inc

Dave Inc

DAVE · NASDAQ · Technology / Software - Application

277.04USD+9.67 (+3.62%)

Price History

Full chart

Market Stats

Previous Close267.37
Open273.81
Day Range271.95 – 290.08
52-Week Range152.21 – 458.25
Volume281.72K
Market Cap4.23B
P/E (TTM)21.34
Forward P/E16.86
EPS15.53
Dividend Yield0.00%
Beta3.84
50-Day Avg369.49
200-Day Avg269.86

About

Dave Inc. provides various financial products and services through its financial services platform in the United States. It offers Budget, personal financial management tool that helps members anticipate upcoming transactions and receive notifications by utilizing historical bank account data to identify recurring charges; ExtraCash, a form of a discretionary overdraft to bridge liquidity gaps between paycheck; Side Hustle, a job application portal to find supplemental or temporary work. The company also provides Dave Checking, a digital demand deposit account. Dave Inc. was founded in 2015 and is headquartered in Los Angeles, California.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Kyle Beilman
  • Employees280
  • Headquarters1265 South Cochran Avenue, Los Angeles, CA, United States, 90019, USA
  • Websitehttps://dave.com

Leadership

  • Mr. Kyle BeilmanCOO, CFO & Secretary · b. 1989
  • Mr. Gopi KuchimanchiChief Technology Officer
  • Ms. Joan Aristei J.D.Chief Legal Officer · b. 1960
  • Mr. Kevin FrischChief Marketing Officer
  • Ms. Amanda WilsonVP of People
  • Mr. Grahame FraserHead of Product Management
  • Mr. Parker BarrileChief Product Officer · b. 1983
  • Mr. Ryan ImaiDirector & Corporate Controller

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue76.23M121.80M153.01M204.84M259.09M347.08M554.18M
Growth (%)-+59.78%+25.63%+33.87%+26.49%+33.96%+59.67%
Cost of Revenue15.22M21.65M23.46M31.95M61.39M65.10M73.78M
Gross Profit61.01M100.15M129.55M172.89M197.70M281.98M480.40M
Gross Margin80.04%82.23%84.67%84.40%76.30%81.24%86.69%
Operating Expense59.23M102.48M135.93M307.29M239.90M247.37M293.78M
Operating Income1.78M-2.33M-6.38M-134.40M-42.20M34.61M186.62M
Operating Margin2.33%-1.91%-4.17%-65.61%-16.29%9.97%33.68%
EBITDA2.99M-5.08M-14.30M-112.64M-31.08M76.02M182.20M
EBITDA Margin3.92%-4.17%-9.34%-54.99%-12.00%21.90%32.88%
Net Income787.00K-6.96M-19.99M-128.91M-48.52M57.87M195.87M
Net Income Margin1.03%-5.71%-13.07%-62.93%-18.73%16.67%35.34%
Interest Expense852.00K17.00K2.54M9.20M11.77M7.99M7.04M
Interest Expense % of Total Revenue1.12%0.01%1.66%4.49%4.54%2.30%1.27%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets67.09M76.41M147.19M321.49M294.02M299.33M487.42M
Total Liabilities11.80M26.56M108.45M214.93M206.96M116.23M134.69M
Total Equity55.29M49.84M38.74M106.56M87.06M183.10M352.73M
Cash6.41M4.79M32.01M22.89M41.76M49.72M80.52M
Total Debt2.55M6.11M73.64M178.15M181.29M75.55M75.20M
Net Debt-3.85M1.32M41.63M155.26M139.53M25.84M-5.32M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-10.93M-9.15M-541.00K-44.88M33.75M125.14M290.02M
Investing Cash Flow-19.70M3.42M-37.20M-285.58M-14.38M-45.84M-202.75M
Financing Cash Flow33.87M4.24M65.05M321.77M22.00K-71.00M-56.29M
Capital Expenditure2.58M4.22M6.48M9.31M8.58M262.00K317.00K
Free Cash Flow-13.51M-13.37M-7.02M-54.20M25.17M124.88M289.71M
FCF to OCF123.65%146.14%1297.41%120.75%74.57%99.79%99.89%

Earnings

Report DateJun 30, 2021Sep 30, 2021Mar 21, 2022May 13, 2022Aug 22, 2022Nov 14, 2022Mar 6, 2023May 9, 2023Aug 8, 2023Nov 7, 2023Mar 5, 2024May 7, 2024Aug 6, 2024Nov 12, 2024Mar 3, 2025May 5, 2025Aug 6, 2025Nov 4, 2025Mar 2, 2026May 5, 2026Aug 5, 2026Nov 3, 2026
EPS Estimate----1.60-2.24-1.92-1.95-1.72-1.97-1.88-2.05-0.280.120.601.051.411.942.342.953.083.133.85
EPS Actual-3.51-2.70-0.01-2.13-3.20-3.35-1.87-1.20-1.90-1.010.022.601.011.512.042.483.144.243.693.640.49-
Surprise----33.13%-42.86%-74.48%4.10%30.23%3.55%46.28%100.80%1028.57%741.67%151.67%94.29%76.39%61.86%81.20%25.08%18.18%-84.34%-
Timing--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-market-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap4.23B
Enterprise Value4.52B
Trailing P/E21.34
Forward P/E16.86
Price / Sales6.57
Price / Book21.69
EPS15.53
Book Value16.30
Revenue (TTM)643.65M
Gross Profit (TTM)461.81M
EBITDA232.34M
Profit Margin34.59%
Operating Margin32.95%
Return on Equity104.78%
Return on Assets31.01%
Shares Outstanding11.44M
Shares Float9.55M
Beta3.84
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 8 analystsTarget 444.21
  • Strong Buy
    6
  • Buy
    2

Ownership Breakdown

Institutions
109.95%
Insiders
10.42%
Retail / Other
0.00%

Top Institutional Holders

  • Hood River Capital Management LLC
    1.15M8.98%
  • BlackRock Inc
    828.60K6.50%
  • Divisadero Street Capital Management, LP
    640.84K5.02%
  • Vanguard Capital Management, LLC
    503.53K3.95%
  • Renaissance Technologies Corp
    431.80K3.39%
  • Geode Capital Management, LLC
    326.34K2.56%
  • Susquehanna International Group, LLP
    321.79K2.52%
  • Dimensional Fund Advisors, Inc.
    255.68K2.00%
  • State Street Corp
    233.79K1.83%
  • FMR Inc
    231.03K1.81%
  • American Century Companies Inc
    227.83K1.79%
  • Whetstone Capital Advisors, LLC
    223.08K1.75%
  • Wellington Management Company LLP
    212.18K1.66%
  • Fuller & Thaler Asset Management Inc
    202.01K1.58%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    632.36K4.96%
  • Hood River Small-Cap Growth Instl
    527.38K4.13%
  • Vanguard MStar Total Stk Mkt Idx Invest
    344.77K2.70%
  • iShares Russell 2000 ETF
    262.46K2.06%
  • Strategic Advisers Fidelity US TtlStk
    250.74K1.97%
  • Invesco Discovery A
    210.97K1.65%

Stock Splits

  • Jan 6, 20231:32