{
  "docId": "019de517-7a1c-7618-b930-72d7decc1fe6",
  "docSlug": "cc70ceb96482a1a4714820e748a65bc6",
  "documentTitle": "Pagaya | Results Presentation Deck | 19 slides",
  "authorId": "pagaya",
  "authorName": "Pagaya",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 4,
  "pageCount": 19,
  "prevPage": 3,
  "nextPage": 5,
  "slideType": "other",
  "function": "summarize",
  "density": "dense",
  "nDataPoints": 27,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de517-7a1c-7618-b930-72d7decc1fe6/4",
  "deckHref": "/decks/019de517-7a1c-7618-b930-72d7decc1fe6",
  "deckJsonHref": "/decks/019de517-7a1c-7618-b930-72d7decc1fe6.json",
  "deckAnchorHref": "/decks/019de517-7a1c-7618-b930-72d7decc1fe6#slide-4",
  "components": [
    {
      "bbox": {
        "h": 0.025,
        "w": 0.09,
        "x": 0.045,
        "y": 0.913
      },
      "kind": "image",
      "text": "PAGAYA",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "95db50d0-0457-4c7b-9e0f-f5880a353c64",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.016,
        "w": 0.38,
        "x": 0.585,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "*Note: See \"Appendix\" for a reconciliation of non-GAAP measures to the most comparable GAAP measure",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2cefc972-a6bd-41b2-ac4e-fa6a927048ef",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.914,
        "x": 0.045,
        "y": 0.204
      },
      "kind": "table",
      "text": "($ millions) 3Q23 3Q22 %Δ Network Volume $2,112 $1,924 10% Total revenue & other income $212 $204 4% Revenue from fees $201 $186 9% Production costs $129 $129 (0%) Revenue from fees less production costs (FRLPC)* $73 $56 29% Operating Expenses ex. SBC (R&D, S&M, G&A) $62 $79 (21%) Net income (loss) ($22) ($75) NM Adj. Net Income* $14 ($14) NM Adj. EBITDA* $28 ($5) NM",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "88531185-c0b9-48d6-bd0b-725a4dbe7ace",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.59,
        "x": 0.045,
        "y": 0.066
      },
      "kind": "title",
      "text": "3Q23 financial highlights",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0ac7fd3c-b3c5-4296-9474-cfbe281ba21a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "28044f97-a2bd-4e12-bc53-2e7ff935faca",
      "evidence": "table/data: ($ millions) 3Q23 3Q22 %Δ Network Volume $2,112 $1,924 10% Total revenue & other income $212 $204 4% Revenue from fees $201 $186 9% Production costs $129 $129 (0%) Revenue from fees less production costs (FRL",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 9,
      "from": 4,
      "beatId": "392dd04b-2c2f-465e-a30b-5e1ea1df6382",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "Evidence",
      "beatSlug": "evidence",
      "evidence": "The financial metrics and highlights slides provide evidence of Pagaya's performance",
      "position": 1,
      "confidence": 0.7,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [
    {
      "to": 9,
      "from": 4,
      "name": "Logic Chain",
      "slug": "01-logic-chain",
      "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
      "matchId": "192da50f-abab-40b9-acff-c3337ab50a56",
      "evidence": "The deck walks through a logic chain of financial metrics and highlights",
      "position": 0,
      "objective": "Understand Pagaya's financial performance",
      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
      "confidence": 0.6,
      "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}