secwatch.observer — SEC 8-K summary
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Issuer:     CaliberCos Inc. (CWD)
CIK:        0001627282
Form:       8-K
Filed at:   2024-04-15T23:59:59+00:00
Accession:  0001627282-24-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caliber Q4 revenue $23.9M (+11.5% YoY), net loss $2.4M; FY net loss $12.7M vs $2.0M income YoY
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- Q4 total revenue $23.9M (+11.5% YoY), platform revenue $7.2M (+32.6%), net loss $2.4M versus $2.5M loss YoY.
- FY 2023 total revenue $90.9M (+8.3%), platform revenue $20.6M (-14.4%), net loss $12.7M vs net income $2.0M in FY 2022.
- Caliber Adjusted EBITDA improved to $1.6M in Q4 from -$1.8M in Q4 2022; FY Adjusted EBITDA loss $1.3M vs positive $5.5M prior year.
- FV AUM $741.2M (-0.6% YoY); managed capital $437.6M (+14.2% YoY); target cumulative fundraising $750M by 2026 and AUM $3B.
- CHT acquired Holiday Inn Newport News (first of nine hotels, $224M portfolio); wholesale team signed 26 selling agreements with ~381 advisors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627282/000162728224000037/0001627282-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627282/000162728224000037/cwd-20240415.htm
  HTML page:      https://secwatch.observer/filing/0001627282-24-000037

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