Pagaya Technologies Ltd.

Pagaya Technologies Ltd.

PGY · NASDAQ · Technology / Software - Infrastructure

16.87USD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close16.87
Open16.96
Day Range16.41 – 17.12
52-Week Range10.40 – 33.12
Volume1.20M
Market Cap1.47B
P/E (TTM)12.50
Forward P/E4.42
EPS1.41
Dividend Yield0.00%
Beta5.37
50-Day Avg20.28
200-Day Avg17.10

About

Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services, their customers, and institutional or sophisticated investors in the United States, Israel, and the Cayman Islands. The company offers Decline Monetization, the flagship product which allows Partners to automatically send rejected loan applications to its network, as well as approve customers they would otherwise decline; Dual Look which allows to assess applications concurrently with its Partners in real time; and First Look that routes designated segments of loan applications to the network for evaluation.It also provides Affiliate Optimizer Engine, a customer acquisition tool which enables Partners to originate loans through third-party affiliate channels; Direct Marketing Engine, that utilizes data network to help Partners target and acquire new customers through direct channels; and FastPass which accelerates the transaction process. Its partners include financial technology companies, incumbent banks and financial institutions, auto finance providers, and residential real estate service providers. The company was founded in 2016 and is headquartered in New York, New York.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Gal Krubiner
  • Employees493
  • Headquarters335 Madison Ave, New York, NY, United States, 10017, USA
  • Websitehttps://pagaya.com

Leadership

  • Mr. Gal KrubinerCEO, Co-Founder & Director · b. 1989
  • Mr. Sanjiv DasCo-Founder & President · b. 1962
  • Mr. Avital PardoCo-Founder, Deputy CEO & Director · b. 1986
  • Mr. Yahav YulzariCo-Founder, Deputy CEO & Director · b. 1986

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue36.14M91.74M445.87M685.41M772.81M1.00B1.26B
Growth (%)-+153.84%+386.01%+53.73%+12.75%+29.99%+25.56%
Cost of Revenue27.97M49.09M232.32M451.08M508.94M597.65M749.17M
Gross Profit8.17M42.66M213.54M234.33M263.87M406.90M512.17M
Gross Margin22.61%46.50%47.89%34.19%34.14%40.51%40.61%
Operating Expense12.08M21.40M219.35M549.35M288.27M340.06M288.36M
Operating Income-3.90M21.25M-5.81M-315.02M-24.40M66.84M223.81M
Operating Margin-10.80%23.17%-1.30%-45.96%-3.16%6.65%17.74%
EBITDA-3.81M14.27M-33.72M-308.73M-44.51M67.89M81.70M
EBITDA Margin-10.55%15.56%-7.56%-45.04%-5.76%6.76%6.48%
Net Income-5.62M14.47M-91.15M-302.32M-128.44M-401.41M81.39M
Net Income Margin-15.55%15.77%-20.44%-44.11%-16.62%-39.96%6.45%
R&D5.43M12.33M66.21M150.93M74.38M76.57M75.21M
R&D as % of Total Revenue15.04%13.44%14.85%22.02%9.62%7.62%5.96%
Interest Expense02.04M48.90M57.76M---
Interest Expense % of Total Revenue0.00%2.22%10.97%8.43%---

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets58.63M204.27M590.26M1.05B1.21B1.29B1.55B
Total Liabilities1.64M10.15M105.86M279.66M542.63M849.53M990.56M
Total Equity32.19M109.18M308.34M553.52M559.72M326.49M480.02M
Cash4.83M5.07M190.78M309.79M186.48M187.92M235.33M
Total Debt-2.47M37.91M212.26M412.58M680.81M858.48M
Net Debt-4.83M-5.07M-152.87M-97.53M226.11M492.89M623.15M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-7.95M4.26M49.81M-40.00M9.58M66.52M238.62M
Investing Cash Flow-36.24M-122.76M-140.74M-159.95M-412.69M-498.64M-309.71M
Financing Cash Flow46.54M119.50M289.62M332.45M289.10M436.69M129.60M
Capital Expenditure666.00K1.10M6.62M22.41M20.19M23.24M13.90M
Free Cash Flow-8.61M3.16M43.19M-62.41M-10.61M43.28M224.72M
FCF to OCF108.38%74.23%86.70%156.01%-110.81%65.07%94.17%

Earnings

Report DateMay 18, 2021Aug 16, 2021Nov 18, 2021Mar 31, 2022May 26, 2022Aug 16, 2022Nov 10, 2022Feb 15, 2023May 16, 2023Aug 10, 2023Nov 2, 2023Feb 21, 2024May 9, 2024Aug 9, 2024Nov 12, 2024Feb 13, 2025May 7, 2025Aug 7, 2025Nov 10, 2025Feb 9, 2026May 7, 2026Jul 30, 2026Nov 9, 2026
EPS Estimate0.00-----2.88-0.03-0.410.020.050.120.27-0.030.280.270.320.460.470.660.770.560.630.89
EPS Actual0.220.03-0.38-0.090.15-0.24-0.24-0.12-0.240.010.240.24-0.110.100.440.170.690.391.020.800.730.97-
Surprise-----91.67%-700.00%70.73%-1300.00%-80.00%100.00%-11.11%-266.67%-64.29%62.96%-46.88%50.00%-17.02%54.55%3.90%30.36%53.97%-
Timing----After-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap1.47B
Enterprise Value1.18B
Trailing P/E12.50
Forward P/E4.42
PEG Ratio0.03
Price / Sales1.06
Price / Book2.63
EPS1.41
Book Value7.13
Revenue (TTM)1.39B
Gross Profit (TTM)603.06M
EBITDA351.62M
Profit Margin9.12%
Operating Margin27.34%
Return on Equity19.46%
Return on Assets13.97%
Shares Outstanding72.14M
Shares Float70.51M
Beta5.37
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 10 analystsTarget 28.91
  • Strong Buy
    7
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
48.18%
Insiders
9.08%
Retail / Other
42.74%

Top Institutional Holders

  • BlackRock Inc
    4.47M5.36%
  • Frontier Capital Management CO Inc
    2.30M2.75%
  • Millennium Management LLC
    2.29M2.74%
  • The Goldman Sachs Group Inc
    1.89M2.26%
  • American Century Companies Inc
    1.89M2.26%
  • Aquamarine Financial (Cayman) Ltd
    1.77M2.12%
  • Vanguard Portfolio Management, LLC
    1.72M2.06%
  • Allspring Global Investments Holdings, LLC
    1.65M1.97%
  • Morgan Stanley - Brokerage Accounts
    1.40M1.68%
  • BNP Paribas Arbitrage, SA
    1.20M1.44%
  • HS Investments IV Ltd.
    1.10M1.32%
  • State Street Corp
    1.03M1.24%
  • Renaissance Technologies Corp
    983.59K1.18%
  • Qube Research & Technologies
    913.11K1.09%
  • UBS Group AG
    814.64K0.98%
  • JPMorgan Chase & Co
    808.56K0.97%
  • Geode Capital Management, LLC
    758.17K0.91%

Top Fund Holders

  • Avantis US Small Cap Value ETF
    2.28M2.73%
  • Vanguard Information Technology ETF
    1.19M1.43%
  • Jupiter Merian Glb Eq Abs Rt I USD Acc
    687.09K0.82%

Stock Splits

  • Mar 8, 20241:12