Dave Results Presentation Deck
Consolidated statement of operations
Dave
Operating revenues:
Service based revenue, net
Transaction based revenue, net
Total operating revenues, net
Operating expenses:
Provision for unrecoverable advances
Processing and servicing costs
Advertising and marketing
Compensation and benefits
Other operating expenses
Total operating expenses
Other expenses (income):
Interest expense, net
Legal settlement and litigation expenses
Other strategic financing and transactional expenses
Gain on extinguishment of liability
DAVE INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions)
(unaudited)
Changes in fair value of earnout liabilities
Changes in fair value of derivative asset on loans to stockholders
Changes in fair value of warrant liabilities
Total other expense (income)
Net loss before (benefit from) provision for income taxes
(Benefit from) provision for income taxes
Net loss
S
$
For the Three Months Ended December 31,
2022
2021
53.8 S
5.8
59.6
20.3
8.3
11.9
22.1
16.9
79.5
1.8
0.1
(0.2)
1.7
(21.6)
(0.1)
(21.5)
$
38.0
3.2
41.2
10.5
6.5
12.6
14.9
11.3
55.8
1.4
0.7
(1.7)
0.1
0.5
(15.1)
0.1
(15.2)
$
$
For the Year Ended December 31,
2022
2021
188.9
15.9
204.8
66.3
31.9
69.0
103.4
68.6
339.2
6.2
6.3
4.6
(4.3)
(9.6)
5.6
(14.2)
(5.4)
(129.0)
(0.1)
(128.9)
$
$
142.2
10.8
153.0
32.2
23.5
51.5
49.5
43.2
199.9
2.2
1.7
0.3
(34.8)
3.6
(27.0)
(19.9)
0.1
(20.0)
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