CaliberCos Earnings Call Transcripts
Fiscal Year 2026
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A 17-year-old real estate asset manager with $2.6B AUM is expanding into digital assets, aiming to lead in tokenizing private real estate funds. The firm projects a return to profitability, leverages a unique business model, and sees current market conditions as optimal for distressed asset investing.
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Q1 2026 saw 16% revenue growth and a sharply reduced EBITDA loss, with progress in digital asset and real estate initiatives. Guidance for 2026 is reaffirmed, expecting $18–$22 million in revenue and positive profitability, supported by improved financing conditions.
Fiscal Year 2025
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Expanded into digital assets and advanced real estate tokenization, while 2025 revenue was impacted by project financing delays, shifting recognition into 2026. Cost reductions improved EBITDA loss, and 2026 guidance targets $18–$22 million revenue with expected profitability.