Reports Q1 revenue $73.6M vs $58.9M last year. “2024 is off to a strong start as we exceeded growth and profitability expectations in the first quarter,” said Jason Wilk, Founder and CEO of Dave. “Member acquisition remained strong and efficient in spite of seasonal softness associated with tax refund season, and member retention expanded meaningfully which collectively drove 14% year-over-year growth in our monthly transacting member base. Expanding our base beyond the 2.1 million transacting member inflection point for profitability we achieved last quarter positioned us to generate a 32% increase in Adjusted EBITDA relative to Q4.”
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