Revenue: As of FY2025 Q1, the actual value is USD 289.99 M.EPS: As of FY2025 Q1, the actual value is USD 0.1.EBIT: As of FY2025 Q1, the actual value is USD 47.69 M.<h3>Segment Revenue</h3><ul><li>Total Revenue and Other Income: $290 million, an increase of 18% year-over-year, driven by a 19% increase in revenue from fees.</li><li>Revenue from Fees: $282.7 million, up from $237 million in the previous year.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: $8 million, exceeding the outlook of - $20 million to breakeven, and an increase of $29 million year-over-year.</li><li>Adjusted EBITDA: $80 million, up 100% year-over-year, exceeding the outlook of $65 million to $75 million.</li><li>Adjusted Net Income: $53 million, excluding non-cash items such as share-based compensation expense.</li><li>Operating Income: $47.7 million, compared to $7.7 million in the prior year period.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Provided by Operating Activities: $34.4 million, compared to $17.7 million in the prior year period.</li></ul><h3>Unique Metrics</h3><ul><li>Fee Revenue Less Production Costs (FRLPC): $116 million, an increase of 26% year-over-year, driven by improved economics in personal loan and auto verticals.</li></ul><h3>Outlook / Guidance</h3><ul><li>Second Quarter 2025 Outlook: Network volume expected to be between $2.3 billion and $2.5 billion; total revenue and other income expected to be between $290 million and $310 million; adjusted EBITDA expected to be between $75 million and $90 million; GAAP net income expected to be between breakeven and $10 million.</li><li>Full Year 2025 Outlook: Network volume expected to be between $9.5 billion and $11 billion; total revenue and other income expected to be between $1.175 billion and $1.3 billion; adjusted EBITDA expected to be between $290 million and $330 million; GAAP net income expected to be between $10 million and $45 million.</li><li>Pagaya expects non-ABS funding channels to contribute 25-50% of its 2025 funding, driving total net risk retention requirements lower. The company anticipates continued growth in Personal Loan and Auto segments, offset by lower SFR volume, with FRLPC % expected to range between 4.0% and 5.0% for the year. Pagaya’s business plan is self-funded, with no need to raise equity capital in the foreseeable future.</li></ul>

PAGAYA TECHNOLOGIES LTD C/WTS (TO PUR COM) | 8-K: FY2025 Q1 Revenue: USD 289.99 M