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Dave (DAVE) Pretax Margin % : 50.86% (As of Mar. 2024)


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What is Dave Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Dave's Pre-Tax Income for the three months ended in Mar. 2024 was $37.4 Mil. Dave's Revenue for the three months ended in Mar. 2024 was $73.6 Mil. Therefore, Dave's pretax margin for the quarter that ended in Mar. 2024 was 50.86%.

The historical rank and industry rank for Dave's Pretax Margin % or its related term are showing as below:

DAVE' s Pretax Margin % Range Over the Past 10 Years
Min: -62.96   Med: -13   Max: 1.75
Current: 1.12


DAVE's Pretax Margin % is ranked worse than
53.38% of 2767 companies
in the Software industry
Industry Median: 2.31 vs DAVE: 1.12

Dave Pretax Margin % Historical Data

The historical data trend for Dave's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dave Pretax Margin % Chart

Dave Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
1.75 -5.59 -13.00 -62.96 -18.68

Dave Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -23.79 -36.92 -18.30 0.38 50.86

Competitive Comparison of Dave's Pretax Margin %

For the Software - Application subindustry, Dave's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dave's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Dave's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Dave's Pretax Margin % falls into.



Dave Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Dave's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-48.397/259.093
=-18.68 %

Dave's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=37.446/73.63
=50.86 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dave  (NAS:DAVE) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Dave Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Dave's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dave (DAVE) Business Description

Traded in Other Exchanges
N/A
Address
1265 South Cochran Ave, Los Angeles, CA, USA, 90019
Dave Inc is engaged in offering banking app that offers its customers banking, financial insights, overdraft protection, building credit, and finding side gigs.
Executives
Kyle Beilman officer: CFO and Secretay C/O DAVE INC., 1265 SOUTH COCHRAN AVENUE, LOS ANGELES CA 90019
Jason Wilk director, officer: Chief Executive Officer C/O DAVE INC., 1265 SOUTH COCHRAN AVENUE, LOS ANGELES CA 90019
Section 32 Fund 1, Lp 10 percent owner 169 UNIVERSITY AVE., PALO ALTO CA 94301
Teresa Luna Aragones director C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Section 32 Gp 1, Llc 10 percent owner 169 UNIVERSITY AVE., PALO ALTO CA 94301
William J Maris 10 percent owner 2033 SAN ELIJO AVE., #565, CARDIFF-BY-THE-SEA CA 92007
Michael W Pope director 601 BRANNAN STREET, SAN FRANCISCO CA 94107
Dan Preston director C/O METROMILE, INC., 425 MARKET STREET, SUITE 700, SAN FRANCISCO CA 94105
Andrea Mitchell director C/O DAVE INC., 1265 SOUTH COCHRAN AVENUE, LOS ANGELES CA 90019
Charles S Paul director, 10 percent owner C/O AMC ENTERTAINMENT INC, 920 MAIN ST, KANSAS CITY MO 64105
Peter Offenhauser director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Janet Kloppenburg director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Vpc Impact Acquisition Holdings Sponsor Iii, Llc director, 10 percent owner, other: See Remarks 150 NORTH RIVERSIDE PLAZA, SUITE 5200, CHICAGO IL 60606
Carly Altieri officer: Chief Financial Officer C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Brendan Carroll director, officer: Co-Chief Executive Officer C/O VICTORY PARK CAPITAL ADVISORS, LLC, 227 W. MONROE STREET, SUITE 3900, CHICAGO IL 60606