UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-41430 Pagaya Technologies Ltd. (Exact name of registrant as specified in its charter) Israel 87-3083236 (State or ot ...

财务数据和关键指标变化 - 公司网络交易量达到创纪录的24亿美元,同比增长31% [40] - 总收入和其他收入同比增长31%至2.45亿美元,主要由35%的费用收入增长推动 [41] - 费用收入减去生产成本(FRLPC)同比增长84%至9200万美元,FRLPC利润率达到3.8%,为2022年初以来的最高水平 [42][43][45] - 个人贷款业务的平均FRLPC利润率超过6%,同比提高300个基点 [45] - 公司实现连续第5个季度的经调整EBITDA增长,并连续第3个季度实现正的GAAP经营利润8百万美元 [47] - 公司连续第3个季度实现正的经营现金流,本季度达到2000万美元 [14] 各条业务线数据和关键指标变化 - 个人贷款业务仍是公司最大的业务,占总网络交易量的55% [41] - 公司正在密切关注信贷表现,2023年新增贷款的30天逾期率处于2021年4月以来的最低水平,较2021年峰值下降30%-40% [33] - 公司正在积极管理信贷组合,将资本配置到收益更高的贷款渠道 [30][31] - 公司正在与现有贷款合作伙伴进一步深化合作,以提升单位经济效益 [28] 各个市场数据和关键指标变化 - 公司正在与6家大型贷款机构就个人贷款、汽车贷款和POS贷款业务进行深入洽谈 [26] - 公司正在与多家大型支付公司就POS贷款业务进行洽谈,预计未来12-18个月内将与3家新的POS提供商或银行建立合作关系 [24][25] 公司战略和发展方向及行业竞争 - 公司正在执行两大战略重点:1)在当前环境下进行智能运营以优化盈利能力;2)为长期增长奠定基础 [19] - 公司正在通过多元化融资渠道(如转让贷款、远期流动协议等)来降低资本占用,目标是将平均净风险保留率降至2%-3% [52][53][54] - 公司正在积极拓展与大型银行的合作,目前已有3家美国顶级银行使用Pagaya产品,并有更多在洽谈中 [11][12] - 公司正在重点发展POS贷款业务,认为这是一个巨大的增长机会,未来有潜力为公司带来数十亿美元的网络交易量 [22][23][25] 管理层对经营环境和未来前景的评论 - 管理层表示,公司正处于一个有利的市场环境中,融资成本有所下降,公司正在积极采取措施提高资本效率 [51] - 管理层对公司2023年新增贷款的信贷表现表示乐观,认为这些贷款的逾期率处于历史低位 [33] - 管理层认为,通过提高单位经济效益和提高资本效率,公司有望在2025年初实现现金流正转 [61] 问答环节重要的提问和回答 问题1 **John Hecht 提问** 您提到了未来1年到18个月内与3家新的POS提供商或银行建立合作关系,这些新的合作关系什么时候会开始产生影响? [68] **Gal Krubiner 回答** 我们已经与多家大型支付公司进行了深入洽谈,正在推进这些合作关系,希望能在不久的将来就能看到成果。我们已经拥有与这些公司的广泛连接,现在主要是在推进具体的交易结构和条款。我们期望在未来几个季度内能够看到这些新合作关系的贡献。 [69] 问题2 **Joseph Vafi 提问** 您提到正在采取措施降低净风险保留率,这是否会对投资组合的收益产生影响? [72] **Evangelos Perros 回答** 不会,我们预计FRLPC利润率将继续保持在3%-4%的目标区间。虽然我们正在通过多元化融资渠道降低净风险保留率,但资本市场的费用水平保持稳定,不会对整体单位经济效益产生影响。我们相信,通过提高单位经济效益和提高资本效率,公司有望在未来实现现金流正转。 [73] 问题3 **David Scharf 提问** 您提到正在与多方就远期流动协议和整贷出售达成协议,这些新的融资安排什么时候能够实现? [75] **Gal Krubiner 回答** 我们正在与多方就这些新的融资安排进行深入洽谈,并取得了良好进展。具体时间点我们无法确定,但我们预计在今年剩余时间内就能看到一些成果。我们的目标是通过这些新的融资方式,逐步将平均净风险保留率降至2%-3%的水平。 [76]

PAGAYA TECHNOLOGIES LTD. 1Q24 Earnings Supplement May 9th, 2024 01 Financial Metrics ...

1 Q1 2024 Q3 2024 Q2 2024 Q4 2024 Q1 Letter to Shareholders PAGAYA TECHNOLOGIES LTD. DATE ISSUED May 9, 2024 2 “Disciplined execution drove another record quarter across our key metrics. We added a top 5 global payments provider to our network, enhanced our unit economics and strengthened our funding capabilities. These results reflect the strength of our business and our unwavering commitment to deliver more financial opportunity for U.S. consumers.” Q1 Financial Highlights $2.42B Record network volume of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-41430 Pagaya Technologies Ltd. (Exact name of Registrant as specified in its charter) Israel 87-3083236 (State or other jurisdiction ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECU ...

Pagaya Technologies Ltd. (NASDAQ:PGY) Q4 2023 Results Conference Call February 21, 2024 8:30 AM ET Company Participants Jency John - Head of IR Gal Krubiner - Chief Executive Officer Sanjiv Das - President Evangelos Perros - Chief Financial Officer Conference Call Participants Joseph Vafi - Canaccord Genuity Michael Legg - The Benchmark Company David Scharf - Citizens JMP Securities John Hecht - Jefferies Hal Goetsch - B. Riley Securities Operator Greetings, and welcome to Pagaya Q4 2023 Earnings Call. At t ...

? PAGAYA PAGAYA TECHNOLOGIES LTD. Q4 Letter to Shareholders Q4 2023 Q3 2023 Q2 2023 Q1 2023 DATE ISSUED February 21, 2024 " We delivered record fourth quarter results, ending the year with network volume, total revenue and adjusted EBITDA far exceeding our outlook from the start of the year. We grew our network with transformational new lending partnerships and enhanced network monetization, reflecting the value our product can provide. We expect to build on this momentum in 2024 to expand our product ecosy ...

Pagaya Technologies Ltd. (NASDAQ:PGY) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Jency John - Head of IR Gal Krubiner - CEO Michael Kurlander - CFO Conference Call Participants Michael Legg - The Benchmark Company Joseph Vafi - Canaccord Genuity David Scharf - JMP Securities David Chiaverini - Wedbush Securities Hal Goetsch - B. Riley Financial FBR John Hecht - Jefferies Operator Good day and welcome to Pagaya's Third Quarter 2023 Earnings Call. Today's call is being r ...

PAGAYA'S MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS You should read the following discussion and analysis of our financial condition and results of operations together with the unaudited condensed consolidated interim financial statements as of and for the three and nine months ended September 30, 2023 and 2022 included as Exhibit 99.3 to the Report of Foreign Private Issuer on Form 6-K furnished with the Securities and Exchange Commission (the "SEC") on November 2 ...