Dave Reports Fourth Quarter & Full Year 2024 Financial Results
Portfolio Pulse from
Dave Inc. reported strong financial results for Q4 and FY24, with record Q4 revenue of $100.9 million, a 38% increase year-over-year, and FY24 revenue of $347.1 million, up 34%. Q4 net income rose by $16.6 million to $16.8 million, and adjusted EBITDA increased by 234% to $33.4 million, surpassing guidance. The company also provided a strong outlook for 2025.
March 03, 2025 | 9:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Dave Inc. reported record Q4 and FY24 financial results, with significant revenue and EBITDA growth, and provided a strong outlook for 2025.
The significant year-over-year increase in revenue and EBITDA, along with a strong outlook for 2025, suggests positive investor sentiment and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100