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Dave Inc. (DAVE): A Bull Case Theory

We came across a bullish thesis on Dave Inc. on Komodo Capital’s Substack. In this article, we will summarize the bulls’ thesis on DAVE. Dave Inc.'s share was trading at $213.13 as of July 28th. DAVE’s trailing and forward P/E were 59.87 and 24.88 respectively according to Yahoo Finance.

[caption id="attachment_1228711" align="aligncenter" width="768"] A customer using the personal financial management tool to navigate their finances.[/caption]

Dave Inc. (DAVE) operates an asset-light, high free cash flow conversion model as a B2C neo-bank focused on Earned Wage Access (EWA),...