Mentioned
Pagaya Technologies Ltd
PGY
-0.5800 (-3.72%)
15.00
15.01
Marios Valiandes
Marios Valiandes
Cyprus
1mo
$PGY (Pagaya Technologies Ltd) ๐๐š๐ ๐š๐ฒ๐š: ๐๐ž๐ญ ๐ˆ๐ง๐œ๐จ๐ฆ๐ž ๐‰๐ฎ๐ฆ๐ฌ + ๐…๐ฎ๐ฅ๐ฅ-๐˜๐ž๐š๐ซ ๐†๐ฎ๐ข๐๐š๐ง๐œ๐ž ๐‘๐š๐ข๐ฌ๐ž๐ ๐Ÿ“Š ๐‘๐ž๐ฌ๐ฎ๐ฅ๐ฌ โ€ข Total revenue & other income: $318M (+10% YoY) โ€ข Adjusted EBITDA: $94M (+18% YoY) โ€ข GAAP net income: $25M (+$17M YoY) โ€ข Network volume: $2.6B (+9% YoY) โ€ข Operating income: $80M (+68% YoY) โ € ๐ŸŽฏ ๐†๐ฎ๐ข๐๐š๐ง๐œ๐ž โ€ข Q2 network volume expected at $2.88Bโ€“$3.08B โ€ข Q2 adjusted EBITDA expected at $100Mโ€“$115M โ€ข FY2026 GAAP net income guidance raised to $110Mโ€“$160M โ€ข FY2026 adjusted EBITDA expected at $420Mโ€“$460M โ € ๐Ÿ“Œ ๐Š๐ž๐ฒ ๐“๐š๐ค๐ž๐š๐ฐ๐š๐ฒ๐ฌ โ€ข Growth driven by Auto and Point-of-Sale vertical expansion โ€ข Adjusted EBITDA growth outpaced revenue growth, highlighting operating leverage โ€ข Company completed ~$2.1B ABS funding across four transactions during the quarter โ€ข First AAA Fitch rating on PAID resecuritization expands institutional capital access โ€ข Pagaya onboarded four new partners year-to-date while maintaining disciplined underwriting โ € ๐Ÿ’ฌ ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐‚๐จ๐ฆ๐ฆ๐ž๐ง๐ญ๐š๐ซ๐ฒ โ€œProfitability and disciplined risk management are not in tension โ€” they are the same strategy.โ€
Not investment advice. The author may have financial interests in the mentioned instruments.
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PGY
Pagaya Technologies Ltd
15.03
-0.5800 (-3.72%)
1 Mentioned
Pagaya Technologies Ltd
PGY
Pagaya Technologies Ltd
null
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