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Added to YB: 2026-08-10

Pitch date: 2026-08-06

DAVE [neutral]

Dave Inc.

Author Info

Dengler Deep Dives focuses on fast-growing businesses that preferably return capital through buybacks or dividends when appropriate. Sign up for the newsletter.

Company Info

Dave Inc. provides various financial products and services through its financial services platform in the United States.

Market Cap

$4.7B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

20.08

P/E

23.39

EV/Sales

7.26

Sector

Consumer Finance

Category

growth

Show full summary:
DAVE Reports Q2 Earnings: Stock Down, Stock Bad

DAVE (earnings): Q2 rev $170.8M (+30% YoY), adj EBITDA $75.5M (+48%, 44% margin), adj EPS $4.12 (+48%). Stock -16% AH on GAAP net income $6.7M drop (from $36.9M non-cash warrant liability) & seasonal delinquency uptick, both misunderstood. FY guide raised: rev $725-735M, EBITDA $315-325M, EPS $17-17.50. ExtraCash fee cap restructuring via CashAI v6.0 adds est $10.7-42.8M rev. Members +951K (+32%). Author's largest position, LT bullish.

Read full article (2 min)