DAVE - Dave Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$339.67
DETAILS
HIGH:
$345.00
LOW:
$332.00
MEDIAN:
$342.00
CONSENSUS:
$339.67
UPSIDE:
48.68%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 554.2 | 347.1 | 259.1 | 204.8 | 153.0 | 121.8 | 76.2 |
| Cost of Revenue | 73.8 | 65.1 | 61.4 | 31.9 | 23.5 | 21.6 | 15.2 |
| Gross Profit | 480.4 | 282.0 | 197.7 | 172.9 | 129.6 | 100.2 | 61.0 |
| Operating Expenses | |||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 169.3 | 159.2 | 150.0 | 172.5 | 101.0 | 60.2 | 32.2 |
| Other Expenses | 124.4 | 88.2 | 89.9 | 134.8 | 34.9 | 39.9 | 27.1 |
| Operating Expenses | 293.8 | 247.4 | 239.9 | 307.3 | 135.9 | 100.2 | 59.2 |
| Operating Income | |||||||
| Operating Income | 186.6 | 34.6 | (42.2) | (134.4) | (6.4) | 0 | 1.8 |
| Interest Expense | 7.0 | 8.0 | 11.8 | 9.2 | 2.5 | 0.0 | 0.9 |
| Interest Income | 1.6 | 3.0 | 5.3 | 3.0 | 0.3 | 0.4 | 0.4 |
| Profitability | |||||||
| EBITDA | 182.2 | 76.0 | (31.1) | (112.6) | (14.3) | (5.1) | 3.0 |
| EBIT | 175.1 | 68.3 | (36.6) | (119.8) | (17.4) | (6.8) | 2.2 |
| Income Before Tax | 168.0 | 60.4 | (48.4) | (129.0) | (19.9) | (6.8) | 1.3 |
| Income Tax Expense | (27.8) | 2.5 | 0.1 | (0.1) | 0.1 | 0.1 | 0.5 |
| Net Income | 195.9 | 57.9 | (48.5) | (128.9) | (20.0) | (7.0) | 0.8 |
| Per Share Data | |||||||
| EPS (Basic) | 14.65 | 4.62 | -4.07 | -10.92 | -1.72 | -0.60 | – |
| EPS (Diluted) | 13.53 | 4.19 | -4.07 | -10.92 | -1.72 | -0.60 | – |
| Shares Outstanding | 13.4 | 12.5 | 11.9 | 11.8 | 11.6 | 11.6 | 11.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 80.5 | 49.7 | 41.8 | 22.9 | 32.0 | 4.8 | 6.4 |
| Short-Term Investments | 0 | 40.6 | 114.2 | 169.1 | 8.2 | 17.7 | 25.3 |
| Net Receivables | 0 | 175.9 | 112.8 | 104.2 | 49.0 | 38.7 | 29.0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 356.2 | 16.1 | 8.0 | 11.6 | 9.6 | 4.1 | 1.5 |
| Total Current Assets | 436.7 | 282.3 | 276.9 | 308.6 | 100.2 | 69.4 | 62.2 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 0.7 | 1.2 | 1.9 | 1.8 | 3.4 | 1.9 | 2.2 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 13.7 | 13.6 | 13.2 | 10.2 | 7.8 | 4.5 | 2.1 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.2 | 2.2 | 2.0 | 1 | 35.7 | 0.7 | 0.6 |
| Total Non-Current Assets | 50.7 | 17.1 | 17.1 | 12.9 | 47.0 | 7.1 | 4.9 |
| Total Assets | 487.4 | 299.3 | 294.0 | 321.5 | 147.2 | 76.4 | 67.1 |
| Current Liabilities | |||||||
| Account Payables | 8.4 | 6.8 | 5.5 | 11.4 | 13.0 | 8.5 | 6.5 |
| Short-Term Debt | 75.1 | 0 | 0 | 0 | 35.7 | 3.9 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 30.6 | 9.3 | 16.2 | 5.8 | 2.7 | 3.7 | 0.7 |
| Total Current Liabilities | 114.0 | 35.1 | 25.6 | 36.4 | 68.6 | 24.2 | 9.6 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 0.1 | 75 | 180.5 | 177.3 | 35 | 0.7 | 0.7 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 20.6 | 6.0 | 0.4 | 0.6 | 3.8 | 0.6 | 0.0 |
| Total Non-Current Liabilities | 20.7 | 81.2 | 181.4 | 178.5 | 39.8 | 2.4 | 2.2 |
| Total Liabilities | 134.7 | 116.2 | 207.0 | 214.9 | 108.4 | 26.6 | 11.8 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 43.4 | (152.4) | (210.3) | (161.8) | (32.9) | (12.9) | (5.9) |
| Accumulated Other Comprehensive Income | 0 | 0.2 | 0.6 | (1.7) | 0 | 0 | 0 |
| Total Stockholders' Equity | 352.7 | 183.1 | 87.1 | 106.6 | 38.7 | 49.8 | 55.3 |
| Total Liabilities & Equity | 487.4 | 299.3 | 294.0 | 321.5 | 147.2 | 76.4 | 67.1 |
| Debt Metrics | |||||||
| Total Debt | 75.2 | 75.6 | 181.3 | 178.1 | 73.6 | 6.1 | 2.6 |
| Net Debt | (5.3) | 25.8 | 139.5 | 155.3 | 41.6 | 1.3 | (3.9) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | 195.9 | 57.9 | (48.5) | (128.9) | (20.0) | (7.0) | 0.8 |
| Depreciation & Amortization | 7.1 | 7.7 | 5.5 | 7.1 | 3.1 | 1.7 | 0.8 |
| Stock-Based Compensation | 29.9 | 37.3 | 26.7 | 40.6 | 7.4 | 1.5 | 0.4 |
| Change in Working Capital | (18.7) | (1.8) | (11.2) | (9.1) | 8.2 | (30.7) | (32.5) |
| Other Non-Cash Items | 110.0 | 24.1 | 61.2 | 45.4 | 0.9 | 25.3 | (0.6) |
| Operating Cash Flow | 290.0 | 125.1 | 33.8 | (44.9) | (0.5) | (9.1) | (10.9) |
| Investing Activities | |||||||
| Capital Expenditure | (0.3) | (0.3) | (8.6) | (9.3) | (6.5) | (4.2) | (2.6) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 1.7 |
| Purchases of Investments | (189.9) | (170.6) | (154.4) | (519.8) | (0.0) | (0.1) | (32.9) |
| Sales/Maturities of Investments | 189.9 | 243.8 | 211.6 | 357.8 | 9.4 | 7.8 | 15.8 |
| Other Investing Activities | (202.4) | (118.8) | (70.9) | (114.3) | (46.3) | (4.0) | (1.7) |
| Investing Cash Flow | (202.7) | (45.8) | (14.4) | (285.6) | (37.2) | 3.4 | (19.7) |
| Financing Activities | |||||||
| Net Debt Issuance | 0 | (71) | 0 | 120 | 66.1 | 3.9 | (1.3) |
| Stock Repurchased | (43.7) | 0 | (0.0) | (0.5) | 0 | 0 | (0.2) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (12.6) | (1.3) | 0.0 | 7.3 | (1.0) | 0.3 | (14.3) |
| Financing Cash Flow | (56.3) | (71.0) | 0.0 | 321.8 | 65.0 | 4.2 | 33.9 |
| Cash Position | |||||||
| Net Change in Cash | 31.0 | 8.3 | 19.4 | (8.7) | 27.3 | (1.5) | 3.2 |
| Cash at Beginning | 51.4 | 43.1 | 23.7 | 32.4 | 5.1 | 6.6 | 3.3 |
| Cash at End | 82.4 | 51.4 | 43.1 | 23.7 | 32.4 | 5.1 | 6.6 |
| Free Cash Flow | 289.7 | 124.9 | 25.2 | (54.2) | (7.0) | (13.4) | (13.5) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 554.2 | 347.1 | 259.1 | 204.8 | 153.0 | 121.8 | 76.2 |
| Gross Profit | 480.4 | 282.0 | 197.7 | 172.9 | 129.6 | 100.2 | 61.0 |
| Operating Income | 186.6 | 34.6 | (42.2) | (134.4) | (6.4) | 0 | 1.8 |
| Net Income | 195.9 | 57.9 | (48.5) | (128.9) | (20.0) | (7.0) | 0.8 |
| EPS (Diluted) | 13.53 | 4.19 | -4.07 | -10.92 | -1.72 | -0.60 | – |
| Balance Sheet | |||||||
| Cash & Equivalents | 80.5 | 49.7 | 41.8 | 22.9 | 32.0 | 4.8 | 6.4 |
| Total Assets | 487.4 | 299.3 | 294.0 | 321.5 | 147.2 | 76.4 | 67.1 |
| Total Debt | 75.2 | 75.6 | 181.3 | 178.1 | 73.6 | 6.1 | 2.6 |
| Stockholders' Equity | 352.7 | 183.1 | 87.1 | 106.6 | 38.7 | 49.8 | 55.3 |
| Cash Flow | |||||||
| Operating Cash Flow | 290.0 | 125.1 | 33.8 | (44.9) | (0.5) | (9.1) | (10.9) |
| Capital Expenditure | (0.3) | (0.3) | (8.6) | (9.3) | (6.5) | (4.2) | (2.6) |
| Free Cash Flow | 289.7 | 124.9 | 25.2 | (54.2) | (7.0) | (13.4) | (13.5) |