Fathom Holdings

Fathom Holdings, Inc. engages in the provision of real estate services. It develops a software platform for the management of real estate brokerage back-office functions. It provides buyers, sellers, landlords, and tenants with access to all of the available properties for sale or lease on the multiple listing service (MLS). It operates through the following segments: Real Estate Brokerage, Mortgage, Technology, and Corporate and Other Services. The company was founded by Joshua Harley on May 5, 2017 and is headquartered in Cary, NC.

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Fathom Holdings reports revenue growth and strategic initiatives for 2023

Fathom Holdings navigated market challenges in Q4 2022, focusing on growth, profitability, and cost optimization. The company's strategic initiatives aim to drive revenue, agent network expansion, and profitability in 2023.

Fathom Holdings reports resilient Q1 performance and outlines profitability roadmap

Fathom Holdings demonstrated resilience in Q1 2023, focusing on cost reduction and workforce expansion to drive future profitability.
Despite revenue decline, the company's strategic initiatives aim to achieve financial stability and operational efficiency in the coming quarters.
Optimism about growth prospects and a clear roadmap to profitability position Fathom well for future success in the real estate market.

Fathom Holdings outperforms in Q2 despite real estate market challenges

Fathom Holdings faced challenges in the residential real estate market but outperformed the market decline in transactions, focusing on cost optimization and achieving adjusted EBITDA breakeven.
The company's unique referral tiers and focus on innovation present strengths, with opportunities for growth through acquisitions and agent network expansion.
Despite uncertainties and questions raised, Fathom aims for increased growth once the market stabilizes, leveraging its unique model and agent productivity improvements.

Fathom Holdings reports resilient Q3 revenue amidst market challenges

Fathom Holdings navigated challenges to deliver solid revenue and aims for profitability in 2024.
Despite market uncertainties, the company is optimistic about growth and cost optimization strategies.
Maintaining agent growth and implementing cost-saving measures are key priorities for Fathom.
The company's focus on operational efficiency and network expansion bodes well for future performance.

Fathom Holdings reports revenue decline but improved EBITDA in Q4

Fathom Holdings navigated challenges in the real estate market with resilience, reporting revenue declines but improved EBITDA loss in Q4 2023
The company's focus on agent network growth, strategic expansions in mortgage business, and cost management strategies position them for future success
While facing budgeted minimal growth and recruitment challenges, Fathom aims for positive financial outcomes in 2024 through operational improvements and market strategies

Fathom Holdings focuses on financial discipline and growth strategies

Fathom Holdings navigated a challenging quarter with a focus on financial discipline, agent growth, and diversification of revenue streams. Despite a revenue decline, the company remains optimistic about future growth prospects and market opportunities.

Fathom Holdings reports resilient Q2 performance and growth opportunities

Fathom Holdings navigated challenging market conditions with $180,000 in adjusted EBITDA and innovative agent commission plans.
Despite a revenue decrease, the company saw growth in agent network, mortgage business, and title services.
Opportunities lie in revenue diversification, market trends favoring increased home sales, and strategic growth initiatives.

Fathom Holdings reports Q3 revenue decline but eyes growth opportunities

Fathom Holdings reported Q3 2024 revenue decline and EBITDA loss but showcased growth in agent network, mortgage division, and Verus Title. The company settled a lawsuit and introduced new commission plans to drive recruitment and retention.
Despite challenges, Fathom's strategic focus on growth, innovation, and value creation, as highlighted by CEO Marco Fregenal and CFO Joanne Zach, positions the company for long-term success. Achieving profitability in 2025 remains a key objective for Fathom.
The acquisition of My Home Group and expansion of agent base present growth opportunities for Fathom, while operational efficiency improvements and revenue diversification could address current challenges. Fathom's resilience and commitment to revenue growth underscore its potential in the real estate market.

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Fathom Holdings, Inc. is a national, technology driven, end to end real estate services company, which engages in the provision of residential, brokerage, mortgage, title, insurance, and SaaS offerings for brokers and agents. It operates through the following segments: Real Estate Brokerage, Mortgage, Technology, and Corporate and Other Services. The company was founded by Joshua Harley in January 2010 and is headquartered in Cary, NC.

CARY, N.C. , Dec. 12, 2024 /PRNewswire/ -- Fathom Realty, a subsidiary of Fathom Holdings, Inc. (Nasdaq: FTHM) ("Fathom"; or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, has appointed Andrew Shock as Vice President of Operations. With over 20 years of experience in the residential brokerage industry, Shock brings a wealth of expertise and leadership to his new role, further strengthening Fathom Realty's operational capabilities.

Fathom Realty Names Andrew Shock, Vice President of Operations, to Drive Growth and Innovation

CARY, N.C. , Dec. 4, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, today announced the expansion of its joint venture, Verus Title Elite, into Amarillo, Texas. With this expansion, Verus Title Elite now operates in four Texas markets, including Plano, Flower Mound, and Waxahachie, emphasizing its focus on community-centered service and localized expertise.

Fathom Holdings Expands Verus Title Elite into Amarillo, Texas

CARY, N.C. , Nov. 13, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, has announced strategic leadership appointments. Jon Gwin, previously Chief Operating Officer, has been named to the newly created position of Chief Revenue Officer.

Fathom Holdings Strengthens Leadership with Key Appointments to Drive Growth and Operational Excellence

Fathom Holdings, Inc. (NASDAQ:FTHM ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Marco Fregenal - President & CEO Joanne Zach - SVP, Finance Conference Call Participants Dillon Heslin - ROTH MKM Partners Raj Sharma - B. Riley Operator Good afternoon, and welcome to Fathom Holdings Third Quarter 2024 Conference Call.

Fathom Holdings, Inc. (FTHM) Q3 2024 Earnings Call Transcript

Fathom Holdings (FTHM) came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.34 per share a year ago.

Fathom Holdings (FTHM) Reports Q3 Loss, Lags Revenue Estimates

– Fathom's Real Estate Agent Network Grew 9% to ~12,383 Agent Licenses; Aiming to Return to 25% Agent Growth in Coming Quarters CARY, N.C. , Nov. 7, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, today reported financial results for the third quarter and the first nine months of 2024.

Fathom Holdings Reports Third Quarter 2024 Results

CARY, N.C., Nov. 6, 2024 /PRNewswire/ -- Fathom Holdings, Inc. (Nasdaq: FTHM) ("Fathom"; or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, today announced the promotion of Joanne Zach to Chief Financial Officer (CFO).

Fathom Holdings Promotes Joanne Zach to Chief Financial Officer

Acquisition Strengthens Fathom's Position in Arizona's Booming Real Estate Market and Expands Agent Network to 14,500 Nationwide CARY, N.C. , Nov. 4, 2024 /PRNewswire/ -- Fathom Holdings, Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, today announced the acquisition of My Home Group , a leading Arizona-based brokerage ranked 27th in the nation by transaction volume.

Fathom Holdings Expands National Footprint with Strategic Acquisition of Arizona-Based My Home Group

CARY, N.C. , Oct. 31, 2024 /PRNewswire/ -- Verus Title, a subsidiary of Fathom Holdings Inc. (Nasdaq: FTHM), a national, technology-driven real estate services platform, today announced the appointment of Monica Schroeder, an accomplished industry veteran, as President. Additionally, Penelope Vockel, previously Vice President for the Northeast and Midwest regions, has been promoted to Chief Operating Officer (COO).

Fathom Holdings' Subsidiary, Verus Title, Appoints Industry Veteran Monica Schroeder as President and Promotes Penelope Vockel to Chief Operating Officer

CARY, N.C. , Oct. 23, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, will hold a conference call on Thursday, November 7, 2024 at 5:00 p.m. Eastern time (2:00 p.m.

Fathom Holdings Sets Third Quarter 2024 Conference Call for Thursday, November 7, 2024, at 5:00 p.m. ET

Recognition Highlights Fregenal's Transformative Leadership in the Real Estate Industry CARY, N.C. , Oct. 10, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, today announced that its CEO, Marco Fregenal, has been named one of HousingWire's 2024 Vanguard award winners.

Fathom Holdings CEO Marco Fregenal Named 2024 HousingWire Vanguard Award Winner

Expansion Strengthens Fathom's Diversified Portfolio and Enhances Verus Title's Reach CARY, N.C. , Oct. 8, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), a national, technology-driven real estate services platform, today announced the expansion of its subsidiary, Verus Title, into Rhode Island.

Fathom Holdings' Subsidiary, Verus Title, Expands Into Rhode Island

CARY, N.C. , Sept. 26, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, has entered into a securities purchase agreement, under which the Company sold and issued senior secured convertible promissory notes in aggregate principal amount of $5 million (the "Notes") to an existing shareholder, who owns more than 5% of Fathom's common stock, and the chairman of the Company's Board of Directors.

Fathom Holdings Announces $5 Million Convertible Note Private Placement to Accelerate Agent and Transaction Growth

CARY, N.C. , Sept. 25, 2024 /PRNewswire/ -- Fathom Realty, a subsidiary of Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, was named the top real estate company for agent satisfaction among the nation's 40 largest real estate companies.

Fathom Realty Earns Top Ranking for Agent Satisfaction Among Nation's Largest Real Estate Companies

CARY, N.C. , Sept. 16, 2024 /PRNewswire/ -- Fathom Realty, a wholly owned subsidiary of Fathom Holdings Inc. (Nasdaq: FTHM), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, today announced that it has reached a nationwide settlement related to claims asserted in Burnett v.

Fathom Holdings Settles Commission Lawsuits

Fathom Holdings Inc. (NASDAQ:FTHM ) Q2 2024 Earnings Conference Call August 12, 2024 5:00 PM ET Company Participants Matt Glover - Investor Relations, Gateway Group Marco Fregenal - President & Chief Executive Officer Joanne Zach - Senior Vice President, Finance Conference Call Participants John Campbell - Stephens Raj Sharma - B. Riley Operator Good afternoon, everyone, and welcome to the Fathom Holdings Second Quarter 2024 Earnings Conference Call.

Fathom Holdings Inc. (FTHM) Q2 2024 Earnings Call Transcript

Fathom Holdings (FTHM) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to loss of $0.27 per share a year ago.

Fathom Holdings (FTHM) Reports Q2 Loss, Tops Revenue Estimates

– Fathom's Real Estate Agent Network Grew 12% to ~12,224 Agent Licenses; Aiming to Return to 30% Agent Growth in Coming Quarters CARY, N.C. , Aug. 12, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, today reported financial results for the second quarter and the first six months of 2024.

Fathom Holdings Reports Second Quarter 2024 Results

CARY, N.C. , Aug. 7, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, has unveiled two new agent commission plans: Fathom Max and Fathom Share. These two new plans, along with the current One plan feature Fathom Realty's innovative and reimagined revenue share program, designed to enhance agent recruitment and retention while promoting accelerated and sustainable growth and long-term profitability for the company.

Fathom Realty Introduces Two New Agent Commission Plans with Enhanced Revenue Share

Visionary Leader Recognized for Driving Fathom to 9th Largest U.S. Brokerage CARY, N.C. , July 25, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, is proud to announce that Samantha Giuggio, chief operations officer of Fathom Realty, was named to HousingWire's 2024 Women of Influence list.

Fathom Realty Chief Operations Officer Samantha Giuggio Named to HousingWire's 2024 Women of Influence List

CARY, N.C. , July 24, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, will hold a conference call on Monday, August 12, 2024 at 5:00 p.m. Eastern time (2:00 p.m.

Fathom Holdings Sets Second Quarter 2024 Conference Call for Monday, August 12, 2024, at 5:00 p.m. ET

CARY, N.C. , June 20, 2024 /PRNewswire/ -- Verus Title, a wholly owned subsidiary of Fathom Holdings Inc. (Nasdaq: FTHM), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, today announced that Salt Lake City, Utah-based LW Traveling Title (Traveling Title) is now part of Verus Title. Traveling Title is an established title insurance agency with nine team members serving Utah, Colorado, and Virginia.

Fathom Holdings' Subsidiary, Verus Title, Expands Footprint in Utah, Colorado, and Virginia through the Addition of LW Traveling Title

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CARY, N.C. , May 28, 2024 /PRNewswire/ -- Fathom Holdings, Inc. (Nasdaq: FTHM) ("Fathom"; or the "Company"), a national, technology-driven, end-to-end real estate services platform, today announced the appointment of Jon Gwin as the Company's new Chief Operating Officer (COO). Gwin brings over 20 years of leadership experience in legal, compliance, and sales roles within the securities, insurance, mortgage, and real estate industries to his new position as COO at Fathom Holdings.

Fathom Holdings Appoints Jon Gwin as Chief Operating Officer

CARY, N.C. , May 15, 2024 /PRNewswire/ -- Fathom Holdings, Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform, today congratulates Amanda Langford, Vice President of Human Resources, on her appointment to SHRM (Society for Human Resource Management) Executive Network . The SHRM Executive Network is an exclusive community of practicing senior Human Resource leaders dedicated to revolutionizing the world of work and ensuring the success of their fellow members.

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