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Dave(DAVE) - 2025 Q3 - Quarterly Results
2025-11-04 12:06
Exhibit 99.1 Dave Reports Third Quarter 2025 Financial Results Record Q3 Revenue of $150.8 Million, up 63% Y/Y Driven by Accelerating MTM Growth and Record ARPU Record Q3 ExtraCash Monetization Rate Net of Losses of 4.8%, up 45bps Y/Y as Originations Grew 49% to over $2 Billion; Improving Credit Performance Supported Further Net Monetization Rate Expansion Q/Q Record Profitability—Net Income hits $92.0 Million; Adjusted Net Income Increases 193% to $61.6 Million; Adjusted EBITDA Increases 137% to $58.7 Mill ...
Dave Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-11-04 12:00
Record Q3 Revenue of $150.8 Million, up 63% Y/Y Driven by Accelerating MTM Growth and Record ARPU Record Q3 ExtraCash Monetization Rate Net of Losses of 4.8%, up 45bps Y/Y as Originations Grew 49% to over $2 Billion; Improving Credit Performance Supported Further Net Monetization Rate Expansion Q/Q Record Profitability—Net Income hits $92.0 Million; Adjusted Net Income Increases 193% to $61.6 Million; Adjusted EBITDA Increases 137% to $58.7 Million Raises 2025 Revenue and Adj. EBITDA Guidance to $544 - $54 ...
Dave Set to Report Q3 Earnings: Here's What Investors Should Know
ZACKS· 2025-10-30 18:21
Key Takeaways DAVE will report third-quarter 2025 results on Nov. 4 before market open.New fee model and CashAI likely lifted ExtraCash limits and ARPU growth.Higher card spend and expense control are expected to drive revenues and EPS.Dave Inc. (DAVE) will release third-quarter 2025 results on Nov. 4, before market open.DAVE has an impressive earnings surprise history. In the four trailing quarters, it surpassed the Zacks Consensus Estimate, with an average surprise of 105.4%.DAVE’s Q3 ExpectationsThe Zack ...
Dave Appoints Parker Barrile as Chief Product Officer
Globenewswire· 2025-10-29 12:00
Core Insights - Dave Inc. has appointed Parker Barrile as Chief Product Officer, effective November 10, to drive the next phase of growth and strengthen its position in the fintech sector [1][2]. Company Overview - Dave is recognized as one of the leading neobanks in the U.S., serving millions of everyday Americans with disruptive technologies that offer banking services at lower costs compared to traditional banks [5]. Leadership and Experience - Parker Barrile brings extensive executive-level product leadership experience from Prosper and LinkedIn, along with an investor mindset from his nine years as a partner at Norwest, where he led Dave's Series B fundraising and served on the Board of Directors [2][3]. Strategic Focus - As Chief Product Officer, Parker will oversee product, design, and operations teams, focusing on broadening the suite of financial products and enhancing AI and credit capabilities to drive future growth and profitability [3][4]. Vision and Mission - The CEO of Dave, Jason Wilk, emphasized Parker's unique qualifications to enhance the value delivered to members and expressed excitement about the product roadmap [4]. Parker Barrile reiterated his commitment to Dave's mission of leveling the financial playing field for everyday Americans [4].
Why DAVE INC (DAVE) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-10-21 17:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Dave Inc. (DAVE) , which belongs to the Zacks Technology Services industry.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 63.15%, on average, in the last two quarters.For the last reported quarter, DAVE INC came out with earnings of $3.14 per share versus th ...
Dave to Host Third Quarter 2025 Conference Call on November 4, 2025 at 8:30 a.m. ET
Globenewswire· 2025-10-21 12:38
Core Points - Dave Inc. will host a conference call on November 4, 2025, at 8:30 a.m. Eastern time to discuss its Q3 financial results for the period ending September 30, 2025 [1] - The financial results will be released in a press release prior to the conference call on the same day [1] Conference Call Details - Date: November 4, 2025 [2] - Time: 8:30 a.m. Eastern time [2] - Toll-free dial-in number: (866) 652-5200 [2] - International dial-in number: (412) 317-6060 [2] - Webcast available for live streaming [2] - Replay of the conference call will be accessible in the Events section of the Company's website [2] Company Overview - Dave is a leading U.S. neobank and fintech pioneer serving millions of everyday Americans [4] - The Company utilizes disruptive technologies to offer competitive banking services at lower costs compared to traditional banks [4]
Dave Stock Holds Key Level. Will Its Explosive Profit Growth Continue?
Investors· 2025-10-16 17:55
Group 1 - The article highlights the performance of Dave (DAVE) stock, which has recently regained a significant moving average but faces potential volatility again [1] - Dave has shown impressive financial growth, with several quarters of triple-digit profit growth, and is approaching its next earnings report [1] - The stock is part of IBD's top-performing stock lists, which have been updated to include new entries such as aerospace and defense stocks [2] Group 2 - Dave's composite rating has climbed to 96, indicating strong performance in the market [4] - The digital banking platform has seen a significant stock surge of 179% due to an earnings increase, positioning it near a buy point [4] - Other stocks, such as Hewlett Packard Enterprise, have also seen improvements in their ratings, reflecting a broader trend of rising stock performance in the sector [4]
Benchmark Co. Sets Price Target for Dave Inc (DAVE)
Financial Modeling Prep· 2025-10-01 18:12
Company Overview - Benchmark Co. has set a price target of $320 for NASDAQ:DAVE, indicating a potential increase of about 60.52% from the current stock price of $199.35 [1][6] - DAVE offers a financial app with services such as overdraft protection, banking, and credit building, positioning itself as a unique player in the financial services sector [1] Financial Performance - DAVE has achieved a quarterly revenue growth of 64.5%, significantly outpacing Shopify's growth of 31.1% [2][6] - Over the last 12 months, DAVE's revenue growth was 48.0%, again surpassing Shopify's 29.0%, indicating a robust business model and effective market strategies [2][6] Profitability Metrics - DAVE boasts a last twelve months (LTM) margin of 23.0%, compared to Shopify's 15.3%, indicating higher efficiency in converting revenue into profit [3][6] - A higher margin suggests better cost management and pricing strategies, making DAVE a potentially more profitable investment [3] Stock Performance - Currently, DAVE's stock is priced at $209, reflecting a $9.65 increase, or a 4.84% rise [4] - The stock has fluctuated between $200.17 and $209.04 today, with a yearly high of $286.45 and a low of $37.44, showing significant volatility [4] Market Capitalization and Trading Volume - DAVE's market capitalization is approximately $2.82 billion, indicating the company's size and the value investors place on it [5] - The trading volume is 100,011 shares, reflecting the level of investor interest and liquidity in the stock [5]
Sell Shopify And Buy This Stock?
Forbes· 2025-09-30 13:30
Dave (DAVE) demonstrates superior revenue growth during crucial periods, enhanced profitability, and a relatively lower valuation compared to Shopify (SHOP),indicating that investing in DAVE may be the wiser choice. Separately, see – The GOOGL Stock Shareholder Jackpot.CHONGQING, CHINA - MAY 06: In this photo illustration, the logo of Shopify Inc. is displayed on a smartphone screen, with the company's green shopping bag branding visible in the background, on May 06, 2025, in Chongqing, China. Shopify is a ...
CleanGo Innovations Inc. Unveils CleanGo Marine CG-M100 a Proprietary Green Solution for the Global Vessel Cleaning Market
Thenewswire· 2025-09-30 13:30
VANCOUVER, British Columbia – September 30, 2025 – TheNewswire -. CleanGo Innovations Inc. CSE:CGII, OTCQB:CLGOF, APO.F (“CleanGo” or the “Company”) is proud to announce the official launch of CleanGo Marine with its flagship product, CG-M100, a Green Certified, industrial-grade dispersant designed to transform the vessel and tanker cleaning industry. CG-M100 offers an environmentally responsible and highly effective alternative to traditional harsh chemicals, providing safety and operational performance. ...