Company: PGYWW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001883085-25-000169
Chunk: 37

Company: Pagaya Technologies Ltd.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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Net income attributable to Pagaya Technologies Ltd. ordinary shareholders, diluted$15,638 $23,039 Denominator:  Shares used in computation of basic earnings per share76,873,529 76,347,801   Ordinary share warrants 785,289 785,062   Share options705,685 289,132   Unvested RSUs1,264,668 852,798   Ordinary shares upon employee stock purchase plan38,464 26,317   Weighted average shares used for earnings per ordinary share, diluted79,667,635 78,301,110   Earnings per share attributable to ordinary shareholders, diluted$0.20 $0.29 Three Months Ended June 30, 2024Six Months Ended June 30, 2024Numerator:  Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders, basic and diluted$(74,785)$(96,008)Denominator:  Weighted average shares used for net loss per ordinary share, basic and diluted71,765,88468,113,860  Net loss per share attributable to ordinary shareholders, basic and diluted$(1.04)$(1.41)EPS for Class B ordinary shares is not presented separately, as under the two-class method, the EPS for Class A and Class B shares are the same.The following potentially dilutive outstanding securities as of June 30, 2025 and 2024 were excluded from the computation of diluted earnings (loss) per share because their effect would have been anti-dilutive for the periods: June 30,20252024Share options914,710 3,539,256 Options to restricted shares19,909,511 20,025,410 RSUs82,509 3,754,702 Redeemable convertible preferred shares— 5,000,000 Ordinary share warrants1,229,166 2,016,321 Exchangeable notes(1)11,434,704 — Net potential dilutive outstanding securities33,570,600 34,335,689 (1) For the three and six months ended June 30, 2025, the potential shares from exchangeable notes were excluded from the diluted EPS calculation as the incremental interest expense, net of tax, and the related shares would not be dilutive under the if-converted method.

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NOTE 15 - SUBSEQUENT