{
  "docId": "019de515-38aa-7781-a81c-2c13de0657dc",
  "docSlug": "a5e1530ea6b16356bce386065d6fb367",
  "documentTitle": "Dave | Results Presentation Deck | 38 slides",
  "authorId": "dave",
  "authorName": "Dave",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 29,
  "pageCount": 38,
  "prevPage": 28,
  "nextPage": 30,
  "slideType": "kpi_overview",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 6,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de515-38aa-7781-a81c-2c13de0657dc/29",
  "deckHref": "/decks/019de515-38aa-7781-a81c-2c13de0657dc",
  "deckJsonHref": "/decks/019de515-38aa-7781-a81c-2c13de0657dc.json",
  "deckAnchorHref": "/decks/019de515-38aa-7781-a81c-2c13de0657dc#slide-29",
  "components": [
    {
      "bbox": {
        "h": 0.6,
        "w": 0.505,
        "x": 0.44,
        "y": 0.14
      },
      "kind": "chart",
      "text": "Adjusted EBITDA (Non-GAAP) ($MM)\n4Q21 ($12.6)\n1Q22 ($18.3)\n2Q22 ($28.5)\n3Q22 ($28.5)\n4Q22 ($11.8)\n(59%) QoQ reduction in EBITDA loss",
      "attrs": {},
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "63a240ed-9ca7-4a6e-8684-c2aec19ec3fa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.28,
        "w": 0.37,
        "x": 0.025,
        "y": 0.18
      },
      "kind": "list",
      "text": "4Q22 Adj. EBITDA loss improved 59% Q-o-Q driven by:\nRevenue growth\nImproved payment processing economics and Dave Card cost structure\nModerated marketing investment supported by continued CAC efficiencies\nRationalization of fixed expenses, providing increasing operating leverage",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3d62b416-9e56-4aa1-9372-7a2d48de49c6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.16,
        "w": 0.37,
        "x": 0.025,
        "y": 0.718
      },
      "kind": "list",
      "text": "$193mm of cash, marketable securities and short-term investments as of Dec. 31, 2022:\nNearly 2 years of remaining term on credit facility\nAdvance rate on credit facility increases as facility utilization increases",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "586a3367-0819-4aaf-892a-3021bb92a85e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.17,
        "w": 0.37,
        "x": 0.025,
        "y": 0.505
      },
      "kind": "paragraph",
      "text": "We believe recent investments in our product development team are sufficient for us to execute on our business plan. Accordingly, we expect to achieve substantial operating leverage as we scale which will further solidify our path to profitability.",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5b0bf3d2-b20e-4250-9a85-aeea47bf2f3d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.23,
        "x": 0.44,
        "y": 0.937
      },
      "kind": "source-note",
      "text": "Note: See Glossary for the definition of Adjusted EBITDA",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e151976a-975e-41b3-b185-9a01f4bd8e9e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.046,
        "w": 0.33,
        "x": 0.044,
        "y": 0.09
      },
      "kind": "title",
      "text": "Adjusted EBITDA",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "980c4f44-2124-471e-b69b-bbc76211c84a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 38,
      "from": 26,
      "beatId": "b503d613-3e3d-4e98-8e49-4cce76639b38",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Action",
      "beatSlug": "monroes-sequence-action",
      "evidence": "Financial overview and path to profitability drive action",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 30,
      "from": 26,
      "name": "Quick Win Big Bet",
      "slug": "47-quick-win-big-bet",
      "bestFor": "Transformation planning, 100-day plans, resource allocation",
      "matchId": "a0c7c3f8-603e-408e-b9ac-5cc85e172665",
      "evidence": "The loop is visible in the financial overview and roadmap sections",
      "position": 1,
      "objective": "Show the path to profitability",
      "structure": "The Full List -> Quick Wins (Low effort, High impact) -> Big Bets (High effort, High impact) -> Sequenced Roadmap",
      "confidence": 0.6,
      "description": "Separate initiatives into immediate wins and longer-term strategic bets"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}