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Caliber grows EBITDA & net income 300+% YoY, among other 2019 financial highlights
Arizona-based real estate investment firm, Caliber recently released its Form 1-K Annual Report for 2019, which reported continued year-over-year growth in total revenue, net income, and adjusted EBITDA:
• Total revenue increased 10% YoY from 2018 to ($77.8mm vs $70.6mm)
• Net income increased 316% YoY from 2018 ($6.4mm vs a loss of $2.9mm)
• Adjusted EBITDA increased 321% YoY from 2018 ($9.9mm vs $2.3mm)
“Our audited year-end report is the optimum barometer for measuring the performance of our business and makes it easier for our investors to understand portions of the consolidated P&L we are focused on optimizing,” says CEO Chris Loeffler. “We are seeing continued improvement, as our business matures and benefits from capital investments we made many years ago coming to fruition.”
The company, a six-time honoree of the Inc. 500|5000 “Fastest Growing Companies in America,” is a full-service real estate investment company providing accredited investors and registered investment advisors with access to sophisticated, private real estate investments.
The campaign is successfully funded & still accepting investments.