{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-206198","form_type":"8-K","ticker":"DAVE","cik":"0001841408","company_name":"Dave Inc./DE","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.664002+00:00","generated_at":"2026-06-12T02:49:26.180201+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Dave Q2 revenue up 34% to $61.2M; net loss improves 17%; raises variable profit margin outlook","bullets":["GAAP revenue $61.2M (+34% YoY); net loss improved to $22.6M from $27.1M.","Adj. EBITDA loss improved 54% to $13.1M; includes $4M data-breach legal settlement.","Non-GAAP variable profit margin raised to 47%-51% (from 43%-47%) for FY2023.","Monthly Transacting Members up 26% to 1.9M; ExtraCash originations rose 43% to $867M.","Dave Card spend hit $304M (+77% YoY); reiterates FY Adj. EBITDA loss of ($50M)-($35M)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-206198","json":"https://secwatch.observer/filing/0001193125-23-206198.json","markdown":"https://secwatch.observer/filing/0001193125-23-206198.md","text":"https://secwatch.observer/filing/0001193125-23-206198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1841408/000119312523206198/0001193125-23-206198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1841408/000119312523206198/d547819d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T02:49:26.180201+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1710378ab3ce8d3ee77d50406785368a792a3019","claim":"Dave Inc./DE reported second quarter ended June 30, 2023 results: revenue $61.2 million, net income ($22.6). Guidance raised.","evidence_excerpt":"Q2 GAAP Revenue up 34% Year Over Year to $61.2 Million; Q2 Non-GAAP Variable Profit up 78% Q2 Net Loss Improves by 17% Year Over Year; Adj. EBITDA Loss Improves 54% to $13.1 Million Raising Non-GAAP Variable Profit Margin Outlook to 47% - 51%; Reiterating 2023 Non-GAAP Operating Revenue and Adjusted EBITDA Guidance","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1841408/000119312523206198/0001193125-23-206198-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$61.2 million"},{"label":"Net income","value":"($22.6)"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"185aede81fabbf4b63583c265b7a802e1bb1af46","claim":"Dave Inc./DE updated its fiscal year 2023 guidance (raised).","evidence_excerpt":"Dave is raising its Non-GAAP variable profit margin outlook to 47% - 51%, representing a 400 basis point increase from the Company’s previously issued guidance of 43% - 47%, based on the sustainability of improvements made to the Company’s variable cost structure","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1841408/000119312523206198/0001193125-23-206198-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}