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Side-by-side financial comparison of Dave Inc. (DAVE) and GDEV Inc. (GDEV). Click either name above to swap in a different company.

Dave Inc. is the larger business by last-quarter revenue ($163.7M vs $119.9M, roughly 1.4× GDEV Inc.). Dave Inc. runs the higher net margin — 40.3% vs 13.9%, a 26.4% gap on every dollar of revenue. On growth, Dave Inc. posted the faster year-over-year revenue change (62.4% vs 13.3%).

Dave & Buster's Entertainment, Inc. is an American restaurant and entertainment business headquartered in Dallas. Each Dave & Buster's location has a full-service restaurant, full bar, and a video arcade, the latter of which is known as the "Million Dollar Midway". As of February 2024, the company has 158 locations in the United States, as well as two in Puerto Rico and two in Canada.

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

DAVE vs GDEV — Head-to-Head

Bigger by revenue
DAVE
DAVE
1.4× larger
DAVE
$163.7M
$119.9M
GDEV
Growing faster (revenue YoY)
DAVE
DAVE
+49.0% gap
DAVE
62.4%
13.3%
GDEV
Higher net margin
DAVE
DAVE
26.4% more per $
DAVE
40.3%
13.9%
GDEV

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
DAVE
DAVE
GDEV
GDEV
Revenue
$163.7M
$119.9M
Net Profit
$65.9M
$16.6M
Gross Margin
Operating Margin
39.2%
15.5%
Net Margin
40.3%
13.9%
Revenue YoY
62.4%
13.3%
Net Profit YoY
292.4%
13.0%
EPS (diluted)
$4.60
$0.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DAVE
DAVE
GDEV
GDEV
Q4 25
$163.7M
Q3 25
$150.7M
Q2 25
$131.8M
$119.9M
Q1 25
$108.0M
Q4 24
$100.8M
Q3 24
$92.5M
Q2 24
$80.1M
$105.8M
Q1 24
$73.6M
Net Profit
DAVE
DAVE
GDEV
GDEV
Q4 25
$65.9M
Q3 25
$92.1M
Q2 25
$9.0M
$16.6M
Q1 25
$28.8M
Q4 24
$16.8M
Q3 24
$466.0K
Q2 24
$6.4M
$14.7M
Q1 24
$34.2M
Operating Margin
DAVE
DAVE
GDEV
GDEV
Q4 25
39.2%
Q3 25
38.8%
Q2 25
8.7%
15.5%
Q1 25
31.4%
Q4 24
17.3%
Q3 24
0.9%
Q2 24
5.7%
14.4%
Q1 24
50.9%
Net Margin
DAVE
DAVE
GDEV
GDEV
Q4 25
40.3%
Q3 25
61.1%
Q2 25
6.9%
13.9%
Q1 25
26.7%
Q4 24
16.7%
Q3 24
0.5%
Q2 24
7.9%
13.9%
Q1 24
46.5%
EPS (diluted)
DAVE
DAVE
GDEV
GDEV
Q4 25
$4.60
Q3 25
$6.34
Q2 25
$0.62
$0.90
Q1 25
$1.97
Q4 24
$1.09
Q3 24
$0.03
Q2 24
$0.47
$0.81
Q1 24
$2.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DAVE
DAVE
GDEV
GDEV
Cash + ST InvestmentsLiquidity on hand
$80.5M
$41.6M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$352.7M
$-129.4M
Total Assets
$487.4M
$210.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAVE
DAVE
GDEV
GDEV
Q4 25
$80.5M
Q3 25
$49.9M
Q2 25
$61.8M
$41.6M
Q1 25
$47.1M
Q4 24
$49.8M
Q3 24
$35.2M
Q2 24
$48.7M
$50.8M
Q1 24
$56.6M
Total Debt
DAVE
DAVE
GDEV
GDEV
Q4 25
$0
Q3 25
$75.0M
Q2 25
$75.0M
Q1 25
$75.0M
Q4 24
$75.0M
Q3 24
$75.0M
Q2 24
$75.0M
Q1 24
$75.0M
Stockholders' Equity
DAVE
DAVE
GDEV
GDEV
Q4 25
$352.7M
Q3 25
$291.3M
Q2 25
$217.1M
$-129.4M
Q1 25
$199.5M
Q4 24
$183.1M
Q3 24
$155.8M
Q2 24
$141.8M
$-118.7M
Q1 24
$127.3M
Total Assets
DAVE
DAVE
GDEV
GDEV
Q4 25
$487.4M
Q3 25
$433.3M
Q2 25
$363.6M
$210.2M
Q1 25
$315.7M
Q4 24
$299.3M
Q3 24
$272.2M
Q2 24
$247.2M
$282.8M
Q1 24
$235.6M
Debt / Equity
DAVE
DAVE
GDEV
GDEV
Q4 25
0.00×
Q3 25
0.26×
Q2 25
0.35×
Q1 25
0.38×
Q4 24
0.41×
Q3 24
0.48×
Q2 24
0.53×
Q1 24
0.59×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DAVE
DAVE
GDEV
GDEV
Operating Cash FlowLast quarter
$290.0M
Free Cash FlowOCF − Capex
$289.7M
FCF MarginFCF / Revenue
177.0%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
4.40×
TTM Free Cash FlowTrailing 4 quarters
$486.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAVE
DAVE
GDEV
GDEV
Q4 25
$290.0M
Q3 25
$83.2M
Q2 25
$68.2M
Q1 25
$45.2M
Q4 24
$125.1M
Q3 24
$37.0M
Q2 24
$28.0M
Q1 24
$18.3M
Free Cash Flow
DAVE
DAVE
GDEV
GDEV
Q4 25
$289.7M
Q3 25
$83.2M
Q2 25
$68.1M
Q1 25
$45.2M
Q4 24
$124.9M
Q3 24
$37.0M
Q2 24
$27.9M
Q1 24
$18.3M
FCF Margin
DAVE
DAVE
GDEV
GDEV
Q4 25
177.0%
Q3 25
55.2%
Q2 25
51.7%
Q1 25
41.9%
Q4 24
123.8%
Q3 24
40.0%
Q2 24
34.8%
Q1 24
24.9%
Capex Intensity
DAVE
DAVE
GDEV
GDEV
Q4 25
0.2%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.3%
Q3 24
0.1%
Q2 24
0.2%
Q1 24
0.0%
Cash Conversion
DAVE
DAVE
GDEV
GDEV
Q4 25
4.40×
Q3 25
0.90×
Q2 25
7.55×
Q1 25
1.57×
Q4 24
7.45×
Q3 24
79.47×
Q2 24
4.41×
Q1 24
0.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DAVE
DAVE

Service Based Revenue$153.2M94%
Interchange Revenue Net$6.4M4%
Transaction Based Revenue Other Net$4.1M3%

GDEV
GDEV

Segment breakdown not available.

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