Dave's Q2 Profits Expand Sharply: Can It Keep This Momentum?
Key Takeaways DAVE's Q2 adjusted net income jumped 233% to 50.9M.Management raised the 2025 revenue view to 515M and EBITDA to 190M.Rising delinquencies to 2.4% and tougher competition may pressure future margins.Dave Inc.’s (DAVE) profitability expanded exponentially with adjusted net income skyrocketing 233% year over year to $45.7 million during the second quarter of 2025. Non-GAAP gross margin reached the 70% mark, up 5 basis points from the year-ago quarter ...