SoFi Technologies CEO, Palo Alto Networks CEO & Carrier Global CEO 5/23/23
Mad Money w/ Jim Cramer
00:00
Why Didn't You Sell Your Loans?
Jim Barger: Why didn't you sell those loans? The biggest reason is the fact that we can get a better yield on those loans. Because we have a bank license, we have a lot more funding capacity. We've driven revenue growth of over 40% with at 8 consecutive quarters of record revenue. Our EBITDA is now greater than a stock-based compensation so it'll be gap-profiled by the fourth quarter.
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