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CaliberCos Inc
NASDAQ:CWD

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CaliberCos Inc
NASDAQ:CWD
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Price: 1.04 USD -1.89% Market Closed
Market Cap: $7.2m

CaliberCos Inc
Investor Relations

CaliberCos, Inc. provides investment advisory services for real estate. The company is headquartered in Scottsdale, Arizona and currently employs 74 full-time employees. The company went IPO on 2023-05-17. The firm is engaged in building wealth for its investor clients by creating, managing, and servicing proprietary products including middle-market investment funds, private syndications, and direct investments. The Company’s funds include investment vehicles focused primarily on real estate, private equity, and debt facilities. The firm operates through three segments: Fund Management, Development, and Brokerage. The Fund Management segment represents its fund management activities along with back office and corporate support functions, including accounting and human resources. The segment includes the activities of Caliber Services, LLC, and its subsidiaries. The Development segment represents its activities associated with providing real estate development services as their principal developer. The Brokerage segment is involved in the buying, selling, and leasing of all its fund’s assets.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 25, 2026
AI Summary
Q4 2025

Guidance: Caliber gave first-ever public guidance, calling for 2026 revenue of $18 million to $22 million and saying it expects to reach adjusted EBITDA profitability and positive net operating income next year.

Digital assets: Management said it has begun work to tokenize two real estate projects and expects both to be tokenized in the coming months, positioning digital asset technology as a long-term extension of the platform.

Revenue timing: Several financings that had been expected in Q4 moved into Q1 2026, delaying revenue recognition but not reducing the underlying pipeline.

Cost cuts: Fourth-quarter platform expenses fell 52% year over year, helped by a 42.2% reduction in average headcount, and adjusted EBITDA loss improved to about $400,000.

Liquidity plan: Caliber is adding a noteholder conversion program into Series AAA perpetual preferred stock, alongside its common stock conversion program, to reduce leverage and improve financial flexibility.

Capital formation: Managed capital rose to $517 million at year-end, and management said its adviser-based wholesale channel is growing as it targets 50 producing relationships in 2026.

Key Financials
Platform revenue
$4 million
Asset management fees
6%
Platform expenses
$5.1 million
Platform adjusted EBITDA
loss of approximately $400,000
Managed capital
$517 million
Estimated performance allocations
$104 million
Unsecured notes principal balance
$29.6 million
Unsecured notes due within 12 months
$24.5 million
Employees
48
Average employee headcount
42.2%
2026 revenue guidance
$18 million to $22 million
Pipeline of financings
about $200 million
Financings shifted from Q4 to Q1
about $20 million
Holiday Inn Ocotillo sale price
$13 million
Other Earnings Calls
2025

Management

Mr. John C. Loeffler II
Co-Founder, Chairman of the Board & CEO
No Bio Available
Ms. Jennifer Schrader
Co-Founder, Vice-Chairperson & President
No Bio Available
Mr. Jade Leung
Corporate Secretary & CFO
No Bio Available
Mr. Roy Bade
Chief Development Officer
No Bio Available
Mr. Ignacio Martinez
Chief Operating Officer
No Bio Available
Mr. John E. Hartman
Chief Investment Officer
No Bio Available
Mr. Steve Drew
Senior Vice President of Marketing, Strategy & Technology
No Bio Available
Mr. Howard Hill
Senior Vice President of Corporate Development
No Bio Available
Mr. Greg Talcott
Managing Director of Sales
No Bio Available
Mr. George Pace
Executive Vice President of Wealth Development
No Bio Available

Contacts

Address
ARIZONA
Scottsdale
8901 E. Mountain View Rd., Suite 150
Contacts
+14802957600
www.caliberco.com
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