Slide 1: Caliber's Supplemental Asset Management Financial Information
Over the past 16 years, Caliber has grown into a leading diversified alternative asset management firm, managing more than $2.9 billion in assets under management and assets under development. Caliber’s primary goal is to enhance the wealth of accredited investors seeking to make investments in midd
Slide 2: Annual Platform Income Statement 2019-2025
YTD YTD YTD YTD YTD YTD YTD (in thousands, except per share amounts) 2019 2020 2021 2022 2023 2024 2025 Platform Revenues Asset management revenues 21,086$ 11,775$ 15,259$ 21,575$ 16,982$ 20,563$ 3,542$ Performance allocations 4,985 422 733 2,543 3,656 379 7 Total Platform revenues 26,071 12,197 15,
Slide 3: Annual Platform Revenue, Adjusted EBITDA, Managed Capital and AUM
$26,071 $12,197 $15,992 $24,118 $20,638 $20,942 $10,040 $(2,842) $3,462 $5,519 $(1,251) $(2,710) (5,000) - 5,000 10,000 15,000 20,000 25,000 30,000 2019 2020 2021 2022 2023 2024 Annual Platform Revenue and Platform Adjusted EBITDA Total Platform revenues Platform Adjusted EBITDA $82MM $32MM $99MM $8
Slide 4: Quarterly Platform Income Statement
QTD QTD QTD QTD QTD QTD QTD QTD (in thousands, except per share amounts) Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Platform Revenues Asset management revenues 3,348$ 3,704$ 6,005$ 4,555$ 4,179$ 7,242$ 4,587$ 3,542$ Performance allocations 24 24 1,182 171 33 174 1 7 Total Platfo
Slide 5: Quarterly Platform Revenue, Adjusted EBITDA, Managed Capital and AUM
$3,348 $3,704 $6,005 $4,555 $4,179 $7,242 $4,587 (2,327) (1,511) 1,553 (1,669) (2,451) 2,412 (1,002) (1,352) $(4,000) $(2,000) $- $2,000 $4,000 $6,000 $8,000 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Annual Platform Revenue and Platform Adjusted EBITDA Asset management revenues
Slide 6: Platform Balance Sheets
Dec. 31, 2019 Dec. 31, 2020 Dec. 31, 2021 Dec. 31, 2022 Mar. 31, 2023 1 Jun. 30, 2023 2 Sept. 30, 2023 Dec. 31, 2023 Mar. 31, 2024 Jun. 30, 2024 Sept. 30, 2024 Dec. 31, 2024 Mar. 31, 2025 (in thousands) Assets Cash and restricted cash 3,693 1,879 2,006 1,944 4,458 3,665 3,474 3,509 3,278 3,093 3,050
Slide 7: Platform to Consolidated Balance Sheet Reconciliation
` Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Assets Cash and restricted cash 3,692,838 (135,838) 3,557,000 1,878,940 (46,940) 1,832,000 2,0
Slide 8: Platform to Consolidated Balance Sheet Reconciliation
Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Assets Cash and restricted cash 4,458,000 - 4,458,000 3,665,000 - 3,665,000 3,474,000 - 3,474,00
Slide 9: Platform to Consolidated Balance Sheet Reconciliation
Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Assets Cash and restricted cash 3,278,000 - 3,278,000 3,093,000 - 3,093,000 3,050,000 - 3,050,00
Slide 10: Platform to Consolidated Balance Sheet Reconciliation
Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Assets Cash and restricted cash 3,363,000 - 3,363,000 Total Real estate assets 21,776,000 (262,0
Slide 11: Net Income and EBITDA Reconciliation
YTD YTD YTD YTD YTD QTD QTD QTD QTD QTD QTD QTD QTD QTD 2019 2020 2021 2022 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Net income (loss) attributable to CaliberCos Inc. 6,467,000 (5,446,000) (698,000) 2,020,000 (12,703,000) (1,207,000) (5,726,000) (3,409,000) (2,361
Slide 12: Platform to Consolidated Income Statement Reconciliation
Platform Consolidated Funds Consolidated Platform Consolidated Funds Consolidated Revenues Asset management 21,575,000 (6,231,000) 15,344,000 16,982,000 (6,411,000) 10,571,000 Performance allocations 2,543,000 - 2,543,000 3,656,000 (17,000) 3,639,000 Consolidated funds – hospitality revenue 59,564,0
Slide 13: Platform to Consolidated Income Statement Reconciliation
Platform Consolidated Funds Consolidated Platform Consolidated Funds Consolidated Platform Consolidated Funds Consolidated Revenues Asset management 21,086,000 (6,300,000) 14,786,000 11,775,000 (5,606,000) 6,169,000 15,259,000 (6,117,000) 9,142,000 Performance allocations 4,985,000 (4,979,000) 6,000
Slide 14: Quarterly Platform to Consolidated Income Statement Reconciliation
Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Revenues Asset management 3,924,000 (1,888,000) 2,036,000 3,348,000 (1,454,000) 1,894,000 3,704,
Slide 15: Quarterly Platform to Consolidated Income Statement Reconciliation
Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Revenues Asset management 4,555,000 (1,385,000) 3,170,000 4,179,000 (953,000) 3,226,000 7,242,00
Slide 16: Q1 2025 Platform to Consolidated Income Statement Reconciliation
Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Platform Impact of Consolidated Funds Consolidated Revenues Asset management 3,542,000 (346,000) 3,196,000 Performance allocations 7,000 (6,000) 1,