Caliber reports Q1 revenue up 21.5% to $29.5M; net loss of $0.07/share vs prior profit

CALIBER REPORTS FIRST QUARTER 2023 RESULTS Grows FV AUM by 30% Year-over-Year to $807 Million Increases Fee & Performance-Based Revenues by 15.8% SCOTTSDALE, Ariz., June 22, 2023 – CaliberCos Inc. (the “Company” or “Caliber”) (NASDAQ: CWD), a leading vertically integrated alternative asset manager, today reported results for the first quarter ended on March 31, 2023. First Quarter 2023 Financial Highlights, Compared to Q1 2022 • Total revenues of $29.5 million, a 21.5% increase • Fee and performance-based revenues of $4.5 million, a 15.8% increase • Net loss attributable to the Company of $1.2 million, or $0.07 per diluted share, compared to net income of $0.5 million or $0.03 per diluted share • Caliber Adjusted EBITDA (1) of $1.0 million, compared to $2.2 million • Fair value assets under management (2) (“FV AUM”) of $806.9 million as of March 31, 2023, a 30.3% year-over-year increase • Managed capital (3) of $392.5 million as of March 31, 2023, a 23.0% year-over-year increase