CaliberCos Q1 platform revenue rises 16%, EBITDA loss narrows
CaliberCos CWD | 0.00 |
Overview
US real estate and digital asset manager's Q1 platform revenue grew 16% yr/yr
Platform Adjusted EBITDA loss narrowed to $0.3 mln, reflecting progress toward break-even
Company reaffirmed 2026 guidance and highlighted milestones in capital formation and project financing
Outlook
Caliber reaffirms 2026 revenue guidance of $18.0 mln to $22.0 mln
Company expects positive net operating income and Adjusted EBITDA profitability in 2026
Caliber anticipates 2026 revenue to be weighted toward the second half of the year
Result Drivers
ASSET MANAGEMENT FEES - Platform revenue growth was driven by higher asset management fees, including a nonrecurring fee
CAPITAL FORMATION AND PROJECT FINANCING - Company said execution across capital formation and project financing initiatives contributed to narrowing Platform Adjusted EBITDA loss
DIGITAL ASSET SALES - Proceeds from LINK token sales were redeployed to support project-level financings, including the Steamboat Hyatt Studios development
Company press release: ID:nGNX5hx3R4
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Net Income |
|
-$4.34 mln |
|
Q1 Platform Adjusted EBITDA |
|
-$338,000 |
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