{ "docId": "019de518-7a56-720e-9236-4ff4352f4572", "docSlug": "0348d105cbbbd6e1016cd4d5e7f24b9a", "documentTitle": "Dave | Results Presentation Deck | 39 slides", "authorId": "dave", "authorName": "Dave", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2024-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 2, "pageCount": 39, "prevPage": 1, "nextPage": 3, "slideType": "disclaimer", "function": "front_matter", "density": "overcrowded", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de518-7a56-720e-9236-4ff4352f4572/2", "deckHref": "/decks/019de518-7a56-720e-9236-4ff4352f4572", "deckJsonHref": "/decks/019de518-7a56-720e-9236-4ff4352f4572.json", "deckAnchorHref": "/decks/019de518-7a56-720e-9236-4ff4352f4572#slide-2", "components": [ { "bbox": { "h": 0.03, "w": 0.91, "x": 0.045, "y": 0.61 }, "kind": "paragraph", "text": "You are cautioned not to place undue reliance upon any forward-looking statements, including the projections, which speak only as of the date made. Dave does not undertake any commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1d4667e9-fd6a-4852-9fbe-196cc06f2d4c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.07, "w": 0.91, "x": 0.045, "y": 0.00107 }, "kind": "paragraph", "text": "In this presentation, Dave relies on and refers to information and statistics regarding the sectors in which Dave competes and other industry data. Dave obtained this information and statistics from third-party sources, including reports by market research firms. Although Dave believes these sources are reliable, the Company has not independently verified the information and does not guarantee its accuracy and completeness. Dave has supplemented this information where necessary with information from discussions with Dave members and Dave's own internal estimates, taking into account publicly available information about other industry participants and Dave's management's best view as to information that is not publicly available.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "26844be8-2a56-4bf4-b32a-e2cc62f705fd", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.13, "w": 0.91, "x": 0.045, "y": 0.22 }, "kind": "paragraph", "text": "This presentation of Dave Inc. (\"Dave\" or the \"Company\") includes \"forward-looking statements\" within the meaning of the \"safe harbor\" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as \"future,\" \"growth,\" \"opportunity,\" \"well-positioned,\" \"forecasts,\" \"intends,\" \"estimates,\" \"seeks,\" \"targets,\" \"anticipates,\" \"remains,\" \"should,\" \"believes,\" \"expects,\" \"estimates,\" \"plans,\" \"outlook,\" and \"projects\" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include, but are not limited to, financial guidance for fiscal year 2024, statements regarding future growth, market share gains, and Dave's other expectations regarding its future plans and financial performance. Such forward-looking statements with respect to future financial performance, strategies, prospects and other aspects of the business of Dave are based on current expectations that are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this presentation, and on the current expectations of Dave's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5a1e3db8-0ed4-4a7d-862d-40f13b826a97", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.91, "x": 0.045, "y": 0.93 }, "kind": "paragraph", "text": "In this presentation, certain of the above-mentioned projected information has been repeated (in each case, with an indication that the information is an estimate and is subject to the qualifications presented herein), for purposes of providing comparisons with historical data. The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. See \"Forward-Looking Statements\" paragraph above. Accordingly, there can be no assurance that the prospective results are indicative of the future performance of Dave or that actual results will not differ materially from those presented in the prospective financial information. Inclusion of the prospective financial information in this presentation should not be regarded as a representation by any person that the results contained in the prospective financial information will be achieved.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "91501318-a85d-436c-8de3-29b9f28b6e97", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.91, "x": 0.045, "y": 0.82 }, "kind": "paragraph", "text": "This presentation contains financial forecasts with respect to certain financial measurements of Dave, including, but not limited to Dave's projected GAAP Revenue and Non-GAAP Adjusted EBITDA for Dave's fiscal year 2024. Such projected financial information constitutes forward-looking information, and is for illustrative purposes only and should not be relied upon as necessarily being indicative of future results. Dave's independent registered public accounting firm did not audit, review, compile, or perform any procedures with respect to the projections for the purpose of their inclusion in this presentation, and accordingly, it did not express an opinion or provide any other form of assurance with respect thereto for the purpose of this presentation. These projections should not be relied upon as being necessarily indicative of future results. Dave does not undertake any commitment to update or revise the projections, whether as a result of new information, future events or otherwise.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "abbdf07b-2f9f-41ee-9894-b437bcf7a28d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.91, "x": 0.045, "y": 0.73 }, "kind": "paragraph", "text": "Should one or more of these risks or uncertainties materialize, or should any of management's assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Dave does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Accordingly, you should not put undue reliance on these statements.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ac17e69b-1e77-4559-bf2e-955c3127bd1b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.07, "w": 0.91, "x": 0.045, "y": 0.65 }, "kind": "paragraph", "text": "Accordingly, forward-looking statements, including any projections or analysis, should not be viewed as factual and should not be relied upon as an accurate prediction of future results. The forward-looking statements contained in this presentation are based on the Company's current expectations and beliefs concerning future developments and their potential effects on Dave. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control), or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "dfa51bd6-b4a8-48f8-aeae-ec29e9d83d24", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.24, "w": 0.91, "x": 0.045, "y": 0.36 }, "kind": "paragraph", "text": "A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to: the ability of Dave to compete in its highly competitive industry; the ability of Dave to keep pace with the rapid technological developments in its industry and the larger financial services industry; the ability of Dave to manage risks associated with providing ExtraCash advances; the ability of Dave to retain its current Members, acquire new Members and sell additional functionality and services to its Members; the ability of Dave to protect intellectual property and trade secrets; the ability of Dave to maintain the integrity of its confidential information and information systems or comply with applicable privacy and data security requirements and regulations; the reliance by Dave on a single bank partner; the ability of Dave to maintain or secure current and future key banking relationships and other third-party service providers; changes in applicable laws or regulations and extensive and evolving government regulations that impact operations and business; the ability to attract or maintain a qualified workforce; level of product service failures that could lead Dave Members to use competitors' services; investigations, claims, disputes, enforcement actions, litigation and/or other regulatory or legal proceedings; the ability to maintain the listing of Dave Class A Common Stock on The Nasdaq Stock Market; the possibility that Dave may be adversely affected by other economic factors, including rising interest rates, and business, and/or competitive factors; and other risks and uncertainties discussed in Dave's Annual Report on Form 10-K filed with the Securities and Exchange Commission (the \"SEC\") on March 5, 2024 and subsequent Quarterly Reports on Form 10-Q under the heading \"Risk Factors,\" filed with the SEC and other reports and documents Dave files from time to time with the SEC. Any forward-looking statements speak only as of the date on which they are made, and Dave undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ebeb879f-bb3c-415f-9cca-074be0ab0202", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01, "w": 0.007, "x": 0.95, "y": 0.93 }, "kind": "source-note", "text": "2", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2f9a01b4-0176-4c8d-94b5-29f71dc4a78b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.18, "x": 0.045, "y": 0.093 }, "kind": "title", "text": "Disclaimer", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8e32e36f-cfde-4b86-a327-adbb1704f162", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 3, "from": 1, "beatId": "60e0ab57-e231-4c19-85cf-8299d427bd6d", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Situation & Context", "beatSlug": "consultants-gambit-situation-context", "evidence": "Disclaimer and earnings presentation context", "position": 3, "confidence": 0.8, "parentBeatName": "Setup", "parentBeatSlug": "setup" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }