2024 was a record-breaking year for Dave as Jason and Kyle shared! 🚀 We closed out Q4 with our strongest performance yet—driven by incredible member growth, AI-powered innovation, and world-class execution by our team. 📈 $101M in revenue (+38% YoY) 💰 $33M in Adjusted EBITDA (+234% YoY) ⚡️ ExtraCash Volume up 44% YoY to $1.5B 📉 28-Day Delinquency improved 24% YoY With this momentum, we’re excited to build an even better member experience in 2025. Huge thanks to our team for making it happen! 💚 Check out the Q4 and full-year 2024 results: https://lnkd.in/gQ_FSq9n
Congrats to the Dave team for closing out a record setting 2024, driven by strength across all key areas of our business. Here are some highlights from the quarter: -$101 million of revenue, up 38% YoY, driven by 17% growth in monthly transacting members and 18% increase in ARPU -Adjusted EBITDA of $33 million (33% margin), up 234% YoY -ExtraCash Volume: up 44% YoY to $1.5 billion driven by 17% growth in avg. origination size -28-Day Delinquency Rate: improved 53bps or 24% YoY to 1.66% In 2025, we plan to build on this foundation of record-breaking performance while delivering a superior experience for our members. Please see Q4 and full-year 2024 results here https://lnkd.in/gQ_FSq9n