Revenue: As of FY2025 Q2, the actual value is USD 131.76 M.EPS: As of FY2025 Q2, the actual value is USD 0.62.<h3>Financial Metrics by Segment</h3><h4>Segment Revenue</h4><ul><li>Service Based Revenue, Net: $121.6 million for the three months ended June 30, 2025, compared to $71.7 million for the same period in 2024, representing an increase of $49.9 million or 69.4%.</li><li>Transaction Based Revenue, Net: $10.2 million for the three months ended June 30, 2025, compared to $8.5 million for the same period in 2024, representing an increase of $1.7 million or 20%.</li></ul><h4>Operational Metrics</h4><ul><li>Net Income: $9.0 million for the three months ended June 30, 2025, compared to $6.4 million for the same period in 2024, representing an increase of $2.6 million or 40.9%.</li><li>Provision for Credit Losses: $25.3 million for the three months ended June 30, 2025, compared to $14.4 million for the same period in 2024, representing an increase of $10.9 million or 76%.</li><li>Processing and Servicing Costs: $7.2 million for the three months ended June 30, 2025, compared to $7.5 million for the same period in 2024, representing a decrease of $0.3 million or 4%.</li><li>Financial Network and Transaction Costs: $7.2 million for the three months ended June 30, 2025, compared to $6.5 million for the same period in 2024, representing an increase of $0.7 million or 11%.</li><li>Advertising and Activation Costs: $15.5 million for the three months ended June 30, 2025, compared to $12.9 million for the same period in 2024, representing an increase of $2.6 million or 20%.</li><li>Compensation and Benefits: $26.4 million for the three months ended June 30, 2025, compared to $24.2 million for the same period in 2024, representing an increase of $2.2 million or 9%.</li><li>Technology and Infrastructure: $2.9 million for the three months ended June 30, 2025, compared to $2.8 million for the same period in 2024, representing an increase of $0.1 million or 3%.</li><li>Other Operating Expenses: $6.2 million for the three months ended June 30, 2025, compared to $6.2 million for the same period in 2024, representing an increase of $0.05 million or 1%.</li></ul><h4>Cash Flow</h4><ul><li>Operating Cash Flow: $113.5 million for the six months ended June 30, 2025, compared to $46.4 million for the same period in 2024, representing an increase of $67.1 million or 144.6%.</li><li>Investing Cash Flow: -$81.8 million for the six months ended June 30, 2025, compared to $31.6 million for the same period in 2024, representing a decrease of $113.4 million or 358.9%.</li><li>Financing Cash Flow: -$19.5 million for the six months ended June 30, 2025, compared to -$70.9 million for the same period in 2024, representing a decrease of $51.4 million or 72.5%.</li></ul><h4>Unique Metrics</h4><ul><li>ExtraCash Receivables: $225.7 million as of June 30, 2025, compared to $175.9 million as of December 31, 2024, representing an increase of $49.8 million or 28.3%.</li><li>Allowance for Credit Losses: $32.5 million as of June 30, 2025, compared to $22.7 million as of December 31, 2024, representing an increase of $9.8 million or 43.2%.</li></ul><h4>Future Outlook and Strategy</h4><ul><li>Core Business Focus: The company plans to continue expanding its ExtraCash product and improving its underwriting criteria to mitigate credit risk. Additionally, the company aims to increase its marketing spend strategically to acquire high-value new customers and optimize its marketing mix.</li><li>Non-Core Business: The company is transitioning Members’ accounts from Evolve to Coastal Community Bank, which may involve operational risks but is expected to provide better service and support for its banking and ExtraCash products.</li><li>Priority: The company is focused on maintaining its liquidity and capital resources to support its operations and growth initiatives. It plans to raise additional capital through private or public equity or debt financings if necessary.</li></ul>

DAVE INC C/WTS 05/01/2027 (TO PUR COM) | 10-Q: FY2025 Q2 Revenue: USD 131.76 M