Pagaya Technologies Q4 Earnings Call Highlights

Perros reported fourth quarter revenue of $335 million , with Fee Revenue Less Production Costs (FRLPC) of $131 million and adjusted EBITDA of $98 million , representing a 29% adjusted EBITDA margin . He said FRLPC was 4.9% of network volume , which management framed as strong monetization while remaining disciplined on risk.CFO Evangelos Perros said the financial results reflected work over multiple years to strengthen Pagaya’s operating model, capital structure, and data and risk infrastructure. He added ...