---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-062339"
form_type: "8-K"
ticker: "DAVE"
cik: "0001841408"
company_name: "Dave Inc./DE"
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T10:21:57.360822+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dave Q4 revenue $59.6M (+45% YoY), net loss $21.5M; FY23 guidance: revenue $235-260M, adj EBITDA -$50M to -$35M

## Summary
- Q4 GAAP revenue $59.6M (+45% YoY); net loss $21.5M (improved 55% QoQ); adj EBITDA loss $11.8M (improved 59% QoQ).
- Q4 operating highlights: added 543k net new members; MTMs 1.9M; ExtraCash originations $801M; Dave Card spend $263M (+34% QoQ).
- Full year 2022: GAAP revenue $204.8M (+34% YoY); net loss $128.9M; adj EBITDA loss $87.1M.
- FY2023 guidance: non-GAAP revenue $235-260M; variable margin 43-47%; adj EBITDA loss $50M-35M.
- Company reiterates timeline for adj EBITDA positive in 2024 without need to raise equity.

## SEC filing metadata
- accession: 0001193125-23-062339
- form_type: 8-K
- ticker: DAVE
- cik: 0001841408
- company_name: Dave Inc./DE
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841408/000119312523062339/0001193125-23-062339-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841408/000119312523062339/d458017d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-062339
- JSON: https://secwatch.observer/filing/0001193125-23-062339.json
- Plain text: https://secwatch.observer/filing/0001193125-23-062339.txt

## Key facts
- Earnings Releases
  Dave Inc./DE reported the fourth quarter and full year ended December 31, 2022 results: revenue $59.6, net income ($21.5).
  - Period: the fourth quarter and full year ended December 31, 2022
  - Revenue: $59.6
  - Net income: ($21.5)
  - Result: reported results
  source text: improved profitability.” Quarterly Financial Highlights ($ in millions unless otherwise noted) 4Q21 1Q22 2Q22 3Q22 4Q22 GAAP Operating Revenues, Net $ 41.2 $ 42.6 $ 45.8 $ 56.8 $ 59.6 % Change vs. prior year period 16 % 24 % 23 % 41 % 45 % Non-GAAP Operating Revenues* $ 42.2 $ 43.7 $ 47.0 $ 58.6 $ 61.8 % Change vs. prior year period 16 % 23 % 22 % 41 % 46 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841408/000119312523062339/0001193125-23-062339-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.