secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001386278-25-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Dot Q4 revenue $455M (+24% YoY); GAAP net income $5.1M vs loss; Adj EBITDA $43.8M (+70%)
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- Q4 total operating revenues $455M, up 24% YoY; GAAP net income $5.1M ($0.09 diluted EPS) vs net loss of $23.6M in prior year.
- Q4 adjusted EBITDA $43.8M, margin 9.7%; non-GAAP diluted EPS $0.40, up 186% YoY.
- Full-year 2024 revenue $1.724B (+15%); GAAP net loss $26.7M (-$0.50 EPS) vs net income $6.7M in 2023.
- CEO reports first positive quarter of account growth in several years; new BaaS partners include Varo, Clip Money, DolFintech.
- Unencumbered cash at holding company $86M; 2025 guidance expects embedded finance to drive growth (quantitative targets not provided).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627825000004/0001386278-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627825000004/gdot-20250227.htm
  HTML page:      https://secwatch.observer/filing/0001386278-25-000004

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