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PGY| Name | Value |
|---|---|
| Revenues | 178.2M |
| Cost of Revenue | 124.7M |
| Gross Profit | 53.5M |
| Operating Expense | 94.9M |
| Operating I/L | -41.4M |
| Other Income/Expense | -20.0M |
| Interest Income | 14.6M |
| Pretax | -61.4M |
| Income Tax Expense | -9.2M |
| Net Income/Loss | -52.2M |
Pagaya Technologies Ltd. is a financial technology company that leverages proprietary artificial intelligence technology and software solutions to enable partners to originate loans and other assets. The company's partners include high-growth financial technology firms, traditional financial institutions, auto finance providers, and brokers. Pagaya generates revenue by providing its AI-driven technology and software solutions to assist partners in the loan origination process, thereby facilitating the efficient and effective management of assets. Through its innovative approach, Pagaya aims to streamline the lending process and enhance the capabilities of its partners in the financial services industry.
