Caliber Q2 2025 Platform net loss $4.9M; Adjusted EBITDA loss narrows to $0.1M

CaliberCos Inc.

2025-Q2 EPS reported -$8.00 vs consensus -$0.95 ▼ miss (-742.6%)

Platform revenue $4.1M (flat vs $4.2M YoY); no performance allocations earned.
Platform net loss $4.9M ($3.87 diluted EPS) vs $4.6M loss ($4.25 EPS) YoY.
Platform Adjusted EBITDA loss improved to $0.1M from $2.5M loss YoY; targets H2 2025 profitability.
Consolidated revenue $5.1M (down from $8.2M) due to fund deconsolidations; Adj. EBITDA positive $0.1M.
Business milestones: Phoenix Canyon Village approval, PURE Pickleball design approval, $22.5M Tucson hotel refinance.

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