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AI brief of an SEC Form 8-K · Dave (DAVE)

Dave Q4 revenue rises 38% to $100.9 million; 2025 revenue guidance $415-435 million

Positive Impact 3 of 5 earnings Written later

Dave Inc. reported fourth quarter 2024 revenue of $100.9 million, up 38% from a year earlier, and net income of $16.8 million, compared with $0.2 million in the prior-year quarter. The company also issued 2025 guidance of $415 million to $435 million in GAAP operating revenue and $110 million to $120 million in Adjusted EBITDA, a non-GAAP measure.

Key points

  • Q4 2024 GAAP operating revenues, net: $100.9 million, up 38% year over year
  • Q4 2024 GAAP net income: $16.8 million, versus $0.2 million in Q4 2023; full-year 2024 net income was $57.9 million
  • Q4 2024 Adjusted EBITDA: $33.4 million, which the company says significantly exceeded the high end of its guidance
  • 2025 guidance: revenue of $415 million to $435 million and Adjusted EBITDA of $110 million to $120 million

The filing

CompanyDave (DAVE)
Form8-K, current report
Filed with the SECMar 3, 2025, 4:10 PM ET
Accession number0001193125-25-044114

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 March 03, 2025.

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.