Dave Results Presentation Deck
Strong growth while
improving CAC
Product enhancements, channel optimization
and favorable market conditions supporting
continued CAC efficiency vs. prior periods.
Year-over-year CAC improved substantially
(39%) such that we were able to acquire 27%
more new Members for 23% less marketing
spend.
We expect to accelerate marketing spend in
the coming quarters to capitalize on demand
for ExtraCash and the higher returns on
investment we can achieve at greater scale in
those periods.
Dave
Customer Acquisition Cost
CAC and New Member Acquisition (000s)
$100
$90
$80
$70
$60
$50
$40
$30
$20
$10
$0
463
$26
1Q22
703
$30
998
$24
3Q22
2Q22
New Member Acquisition (000)
Note: See Glossary for the definition of Customer Acquisition Costs
715
27% Year-Over-Year
Growth
$17
4Q22
587
39% Y-O-Y
Improvement
CAC
$16
1Q23
1,200
1,000
800
600
400
200
New Member Acquisition (000s)
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