Dave Q3 revenue rises 41% to $92.5 million; full-year 2024 guidance raised
Dave Inc. reported third-quarter 2024 revenue of $92.5 million, up 41% from a year earlier, and net income of $0.5 million, compared with a net loss of $12.1 million in the same quarter of 2023. The company raised its full-year 2024 revenue guidance to $340 million to $343 million and its Adjusted EBITDA guidance to $71 million to $74 million, which is a positive signal for shareholders on both growth and profitability.
Key points
- Q3 2024 revenue was $92.5 million, up 41% year over year, and net income was $0.5 million versus a $12.1 million loss in Q3 2023.
- Q3 2024 Adjusted EBITDA was $24.7 million, compared with a $2.5 million loss in Q3 2023.
- Full-year 2024 revenue guidance was raised to $340 million to $343 million from $310 million to $325 million.
- Full-year 2024 Adjusted EBITDA guidance was raised to $71 million to $74 million from $40 million to $50 million.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 12, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.