DAVE Q3 outperformed
Doubled my position today (at $240)
This is buy now pay later low cap (3b) high growth company. Their previous Q2 Net Income: $9.1m. Results were distorted by "Changes in fair value of public and private warrant liabilities" - $20.4m. I believe this was the reason price did not move. Warrant exercise price: $368.
Net Income reported in Q3: $92.0m. Though $33.6m of that amount is a tax benefit. Still looks impressive.
Opinions?
Posted Nov 4, 2025, 8:10 PM UTC
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