DAVEDave Inc./DE
Finance Services
- Revenue
- $554M
- 60% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$210M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear148% of net incomeCash flow under 80% of net income
- Dilutive SBCClear5% of revenueOver 10% of revenue
- Payouts exceed cash flowClear15% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $153M | $205M | $259M | $347M | $554M | 60% |
| Operating income | −$6M | — | — | — | — | |
| Net income | −$20M | −$129M | −$49M | $58M | $196M | 238% |
| Operating cash flow | −$541K | −$45M | $34M | $125M | $290M | 132% |
| Capex | $371K | $728K | $688K | $262K | $317K | 21% |
| Stock-based comp | $2M | $41M | $27M | $37M | $30M | 20% |
| Buybacks | $0 | $536K | $0 | $0 | $44M |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $10M | $102M | 2386 | 172 |
| FY2024 | $12M | $51M | 937 | 174 |
| FY2023 | $2M | $2M | 90 | 139 |