Dave Investor Presentation Deck
Reconciliation of Non-GAAP Measures
Dave
Net loss
DAVE INC.
RECONCILIATION OF NET LOSS TO ADJUSTED EBITDA
(in millions)
(unaudited)
Interest expense, net
Provision for income taxes
Depreciation and amortization
Stock-based compensation
Other strategic financing and transactional expenses
Changes in fair value of earnout liabilities
Gain on extinguishment of liability
Changes in fair value of derivative asset on loans to stockholders
Changes in fair value of public and private warrant liabilities
Adjusted EBITDA
$
$
For the Three Months Ended June 30,
2023
2022
(22.6) $
1.4
-
1.3
6.6
0.2
(13.1)
$
(27.1) $
1.6
-
1.6
22.9
1.9
(7.6)
(4.3)
(17.5)
(28.5)
$
For the Six Months Ended June 30,
2023
2022
(36.6) $
3.2
-
2.4
13.4
(17.6) $
(59.9)
3.2
0.1
2.7
26.0
2.8
(9.6)
(4.3)
5.6
(13.5)
(46.9)
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