secwatch.observer — SEC 8-K summary
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Issuer:     Dave Inc./DE (DAVE)
CIK:        0001841408
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001193125-25-263535
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dave reports Q3 revenue $150.8M (+63% YoY), GAAP net income $92.0M; raises FY2025 guidance
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- Revenue $150.8M (+63% YoY); GAAP net income $92.0M vs $0.5M in 3Q24; Adj. EBITDA $58.7M (+137%).
- ExtraCash originations $2.0B (+49%); monetization rate net of losses 4.8% (+45bps YoY); MTMs 2.77M (+17%).
- New FY2025 guidance: revenue $544-547M (prior $505-515M), Adj. EBITDA $215-218M (prior $180-190M).
- Repurchased $25M of shares in Q3; cash & equivalents $93.6M at Sep 30, no incremental credit facility use.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841408/000119312525263535/0001193125-25-263535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841408/000119312525263535/d85365d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-263535

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer