Return on Tangible Equity (Annual)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Dave Inc. (DAVE) had Return on Tangible Equity of 57.77% for the most recently reported fiscal year, ending 2025-12-31.

Quarterly Annual

Figures for fiscal year ending 2025-12-31

Income Statement Financials
Revenue	$554.18M
Net Income	$195.87M
Cost of Goods Sold	--
Gross Profit	$554.18M
Operating Expenses	$367.56M
Operating Income	$186.62M
Non-Operating Income/Expense	$-18.60M
Pre-Tax Income	$168.03M
Normalized Pre-Tax Income	$168.03M
Income after Taxes	$195.87M
Income from Continuous Operations	$195.87M
Consolidated Net Income/Loss	$195.87M
Normalized Income after Taxes	$195.87M
EBIT	$186.62M
EBITDA	$193.75M
Weighted-Average Shares Outstanding (Basic)	13.37M
Weighted-Average Shares Outstanding (Diluted)	14.48M
Earnings per Share (EPS) (Basic)	$14.65
Earnings per Share (EPS) (Diluted)	$13.53
Balance Sheet Financials
Current Assets	$436.70M
Property, Plant, and Equipment	$0.47M
Long-Term Assets	$50.72M
Total Assets	$487.42M
Current Liabilities	$114.00M
Long-Term Debt	$0.14M
Long-Term Liabilities	$20.69M
Total Liabilities	$134.69M
Common Equity	$352.73M
Tangible Shareholders Equity	$339.06M
Shareholders Equity	$352.73M
Common Shares Outstanding	13.55M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$290.02M
Cash Flow from Investing Activities	$-202.75M
Cash Flow from Financial Activities	$-56.29M
Beginning Cash	$51.38M
End Cash	$82.36M
Increase/Decrease in Cash	$30.99M
Stock-Based Compensation	$29.90M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	3.83
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.00
Debt to Equity Ratio	0.21
Gross Margin	100.00%
Operating Margin	33.68%
EBIT Margin	33.68%
EBITDA Margin	34.96%
Pre-Tax Profit Margin	30.32%
Profit Margin	35.34%
Free Cash Flow	$283.25M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	1.14
Inventory Turnover	--
Receiveable Turnover	1.86
Days Sales in Receivables	195.81
Return on Equity	55.53%
Return on Tangible Equity	57.77%
Return on Assets	40.18%
Return on Investments	55.51%
Book Value Per Share	$26.03
Free Cash Flow per Share	$19.56
Operating Cash Flow per Share	$20.03

Data from Zacks Investment Research, Inc.