secwatch.observer — SEC 8-K summary
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Issuer:     CaliberCos Inc. (CWD)
CIK:        0001627282
Form:       8-K
Filed at:   2023-08-10T23:59:59+00:00
Accession:  0001627282-23-000035
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caliber reports Q2 2023 net loss of $5.7M ($0.29/share) vs $0.5M loss YoY; revenue +9.4% to $20.4M
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- FV AUM grew 29.4% YoY to $825.3M; managed capital up 24.1% to $401.8M.
- Asset management revenue run rate increased to $9.6M, up 15.3% vs FY2022.
- Fund management segment net loss widened to $5.8M from $2.1M due to higher payroll and growth investments.
- Pending contribution of 9 hotels from L.T.D. Hospitality expected to close by year-end, adding ~$200M FV AUM.
- IPO in May raised $4.8M; July lot sale yielded $3.8M from Ridge at Johnstown project.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627282/000162728223000035/0001627282-23-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627282/000162728223000035/cwd-20230810.htm
  HTML page:      https://secwatch.observer/filing/0001627282-23-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer