Pagaya Technologies Ltd. (PGY)

Pagaya Technologies Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-372.29	-401.41	-128.44	-302.32	-91.15	14.47
Depreciation & Amortization	30.16	28.75	19.13	6.29	0.82	0.29
Other Amortization	5.66	3.74	-	-	-	-
Loss (Gain) From Sale of Assets	-13.82	-7.92	-	-	-	-
Asset Writedown & Restructuring Costs	2.84	3.25	2.48	3.21	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	0.42	-
Loss (Gain) on Equity Investments	5.51	4.59	-0.49	-5.76	0.16	-0.28
Stock-Based Compensation	59.19	61.5	71.06	241.69	67.79	0.16
Other Operating Activities	-34.28	-42.09	-67.78	-0.54	74.65	5.4
Change in Accounts Receivable	-26.02	-24	-20.74	-46.45	-27.56	-19.72
Change in Accounts Payable	6.81	5.68	-0.45	-9.84	11	0.43
Change in Income Taxes	13.84	21.16	5.02	8.63	8.4	3.24
Change in Other Net Operating Assets	-18.48	-0.74	-4.72	5.73	8.67	2.58
Operating Cash Flow	83.24	66.52	9.58	-40	49.81	4.26
Operating Cash Flow Growth	63.34%	594.58%	-	-	1070.10%	-
Capital Expenditures	-16.37	-17.74	-20.19	-22.41	-6.62	-1.1
Cash Acquisitions	-8.94	-9.09	1.61	-	-	-
Sale (Purchase) of Intangibles	-5.5	-5.5	-	-	-	-
Investment in Securities	-0.14	-0.14	-	-0.28	39.35	-48
Investing Cash Flow	-297.41	-498.65	-412.69	-265.42	-140.74	-122.76
Long-Term Debt Issued	-	818.5	468.47	181.51	37.91	-
Long-Term Debt Repaid	-	-524.43	-261.39	-64.79	-	-
Total Debt Repaid	-400.59	-524.43	-261.39	-64.79	-	-
Net Debt Issued (Repaid)	80.9	294.07	207.08	116.73	37.91	-
Issuance of Common Stock	12.55	105.13	32.23	293.49	0.35	-
Repurchase of Common Stock	-	-	-0.65	-	-	-
Other Financing Activities	40.72	37.49	-24.56	27.71	78.33	54.69
Financing Cash Flow	134.17	436.69	289.1	437.92	289.62	119.5
Foreign Exchange Rate Adjustments	-0.41	-0.59	-0.52	-	-	-
Net Cash Flow	-80.41	3.98	-114.54	132.5	198.7	1
Free Cash Flow	66.87	48.78	-10.61	-62.41	43.19	3.16
Free Cash Flow Growth	114.66%	-	-	-	1266.68%	-
Free Cash Flow Margin	6.21%	4.73%	-1.31%	-8.33%	9.10%	3.19%
Free Cash Flow Per Share	0.91	0.69	-0.18	-1.63	2.65	0.18
Cash Interest Paid	80.32	80.32	17.78	4.34	-	-
Cash Income Tax Paid	4.91	4.91	9.17	6.94	2.61	0.32
Levered Free Cash Flow	131.07	105.67	21.98	33.95	51.49	6.91
Unlevered Free Cash Flow	127.34	101.93	21.98	33.95	51.49	6.91
Change in Net Working Capital	11.4	9.42	32.77	34.44	6.85	5.73

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q