Dave Results Presentation Deck
Condensed consolidated statement of operations
Dave
Operating revenues:
Service based revenue, net
Transaction based revenue, net
Total operating revenues, net
DAVE INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions)
(unaudited)
Operating expenses:
Provision for credit losses
Processing and servicing costs
Advertising and marketing
Compensation and benefits
Other operating expenses
Total operating expenses
Other expenses (income):
Interest expense, net
Other strategic financing and transactional expenses
Changes in fair value of earnout liabilities
Changes in fair value of derivative asset on loans to stockholders
Changes in fair value of public and private warrant liabilities
Total other expenses
Net loss before provision for income taxes
Provision for income taxes
Net loss
$
$
For the Three Months Ended March 31,
2023
2022
52.6
6.3
58.9
12.0
7.1
9.4
24.4
18.5
71.4
1.6
(0.1)
1.5
(14.0)
(14.0)
S
$
39.3
3.3
42.6
13.8
6.5
12.2
17.9
14.8
65.2
1.5
1.0
(2.0)
5.6
4.1
10.2
(32.8)
(32.8)
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