Quarterly ResultMay 13, 2026, 04:17 PM
Caliber Q1 Platform Revenue $4.1M, Adj. EBITDA Loss Narrows to $0.3M
AI Summary
Caliber reported Q1 2026 Platform revenue of $4.1 million, up from $3.5 million year-over-year, and narrowed its Platform Adjusted EBITDA loss to $0.3 million from $1.4 million. These results were in line with management's internal expectations, and the company reaffirmed its full-year 2026 guidance for total revenue between $18.0 million and $22.0 million, positive net operating income, and Adjusted EBITDA profitability. Key business updates include advancing real estate projects, debt reduction initiatives, and a board nomination.
Key Highlights
- Q1 2026 Platform revenue increased to $4.1 million from $3.5 million in Q1 2025.
- Platform Adjusted EBITDA loss narrowed to $0.3 million in Q1 2026 from $1.4 million in Q1 2025.
- Platform net loss was $4.3 million, or $0.62 per diluted share, in Q1 2026.
- Digital asset treasury held 507,560 LINK tokens with a fair value of $4.5 million as of March 31, 2026.
- Sold 55,076 LINK tokens for $0.5 million, redeploying proceeds into real estate.
- Reaffirmed 2026 guidance: total revenue $18.0M-$22.0M, positive net operating income, and Adjusted EBITDA profitability.
- Sold Holiday Inn Ocotillo for $13.0 million on February 27, 2026.
- Reduced corporate debt by converting $15.9 million of preferred equity and $1.9 million of unsecured notes into common stock.