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.

Fathom Holdings Inc. (NASDAQ:FTHM ) Q1 2024 Earnings Conference Call May 9, 2024 6:30 PM ET Company Participants Alex Kovtun – Gateway Group Marco Fregenal – Chief Executive Officer Joanne Zach – Senior Vice President-Finance Conference Call Participants John Campbell – Stephens Raj Sharma – B. Riley Darren Aftahi – ROTH Capital Partners Operator Good day, and welcome to the Fathom Holdings First Quarter 2024 Earnings Conference Call.

Fathom Holdings Inc. (FTHM) Q1 2024 Earnings Call Transcript

Fathom Holdings (FTHM) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to loss of $0.36 per share a year ago.

Fathom Holdings (FTHM) Reports Q1 Loss, Lags Revenue Estimates

– Company Targets Achieving and Remaining Adjusted EBITDA Positive Moving Forward– CARY, N.C. , May 9, 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 first quarter ended March 31, 2024.

Fathom Holdings Reports First Quarter 2024 Results

CARY, N.C. , May 9, 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, insurance, and SaaS offerings for brokerages and agents, will participate in the 24th Annual B. Riley Securities Institutional Investor Conference being held at The Beverly Hilton in Beverly Hills, CA.

Fathom Holdings to Participate in the 24th Annual B. Riley Securities Institutional Investor Conference

CARY, N.C. , May 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, insurance, and SaaS offerings for brokerages and agents, today announced the divestiture of Dagley Insurance ("Dagley" or "DIA") to DIA founder Nathan Dagley for a total purchase price of $15 million (the "Transaction"), including $8.0 million paid at closing and $7.0 million paid over the next 24 months. The proceeds from the transaction will be used to strengthen Fathom's financial position and support its growth initiatives.

Fathom Announces Divestiture of Dagley Insurance

CARY, N.C. , May 2, 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, insurance, and SaaS offerings for brokerages and agents, will hold a conference call on Thursday, May 9, 2024 at 6:30 p.m. Eastern time (3:30 p.m.

Fathom Holdings Sets First Quarter 2024 Conference Call for Thursday, May 9, 2024 at 6:30 p.m. ET

CARY, N.C. , April 29, 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, insurance, and SaaS offerings for brokerages and agents, today announced its upcoming Summer Fathom Serves initiative. From June 3 to 8, 2024, Fathom Realty agents and staff will dedicate their time and efforts to give back to their local communities and favorite charitable organizations.

Fathom Realty Celebrates the Success of Fathom Serves Initiative

CARY, N.C. , April 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, insurance, and SaaS offerings for brokerages and agents, today announced that it will participate in the Planet MicroCap Showcase: VEGAS 2024 being held at Paris Hotel & Casino in Las Vegas, NV. Fathom Chief Executive Officer Marco Fregenal will present on Wednesday, May 1, 2024 at 8:00 a.m.

Fathom Holdings to Participate in the Planet MicroCap Showcase: VEGAS 2024

CARY, N.C. , April 16, 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, insurance, and SaaS offerings for brokerages and agents, today announced that its subsidiary, Fathom Realty has promoted Daniel Lang to Regional Director, Eastern Region. In his new role, Lang will oversee operations and growth initiatives in the Eastern third of the United States, leveraging his extensive experience and leadership skills to drive success for agents and clients alike.

Fathom Realty Announces Promotion of Daniel Lang to Regional Director

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Fathom Holdings Inc. (FTHM) Q4 2023 Earnings Call Transcript

Fathom Holdings (FTHM) came out with a quarterly loss of $0.50 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to loss of $0.63 per share a year ago.

Fathom Holdings (FTHM) Reports Q4 Loss, Lags Revenue Estimates

– Company Targets Achieving and Remaining Adjusted EBITDA Positive Moving Forward – CARY, N.C. , March 14, 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, insurance, and SaaS offerings for brokerages and agents, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Fathom Holdings Reports Fourth Quarter and Full Year 2023 Results

CARY, N.C. , March 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, insurance, and SaaS offerings for brokerages and agents, today announced that its subsidiary, Verus Title Inc ("Verus") has established a strategic joint venture with individual teams and top producing agents of Fathom Realty throughout Texas that is expected to increase Verus's and thereby Fathom's revenue and profitability. This new entity, Verus Title Elite Texas LLC ("Verus Title Elite"), strengthens Verus's existing presence in Texas and the enhanced strategic alignment should provide an elevated closing experience to Fathom agents and their clients.

Fathom Holdings Establishes Verus Title Elite - A Strategic Joint Venture with Fathom Realty Top Producers in Texas

CARY, N.C. , March 5, 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, insurance, and SaaS offerings for brokerages and agents, will participate in the 36th Annual Roth Conference being held at The Ritz Carlton, Laguna Niguel in Dana Point, CA. Fathom Chief Executive Officer Marco Fregenal will hold one-on-one meetings with institutional investors at the conference on March 18-19, 2024.

Fathom Holdings to Participate in the 36th Annual Roth Conference

CARY, N.C. , March 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, insurance, and SaaS offerings for brokerages and agents, will hold a conference call on Thursday, March 14, 2024 at 5:00 p.m. Eastern time (2:00 p.m.

Fathom Holdings Sets Fourth Quarter and Full Year 2023 Conference Call for Thursday, March 14, 2024 at 5:00 p.m. ET

CARY, N.C. , Jan. 18, 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, insurance, and SaaS offerings for brokerages and agents, today announced that its subsidiary, Fathom Realty has promoted DeJane Kerr to Senior Vice President of Operations. Kerr will continue to oversee agent support, compliance, onboarding, training, and the implementation of Fathom's technology.

Fathom Realty Announces Promotion of DeJane Kerr to Senior Vice President of Operations

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Why Fast-paced Mover Fathom Holdings (FTHM) Is a Great Choice for Value Investors

CARY, N.C. , Dec. 11, 2023 /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, insurance, and SaaS offerings for brokerages and agents, is pleased to announce that its subsidiary, Fathom Realty has expanded its operations in California through the addition of San Francisco-based Divine Properties Group to its growing brand. This partnership continues Fathom Realty's mission to foster collaboration and provide top-notch support to agents nationwide.

Fathom Realty Welcomes Divine Properties Group, Expanding its Network of Exceptional Agents in California

CARY, N.C. , Dec. 1, 2023 /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, insurance, and SaaS offerings for brokerages and agents, today announced the pricing of an underwritten public offering of 3,000,000 shares of its common stock, inclusive of 1,000,000 secondary shares, at a price of $2.00 per share. The Company also has granted the underwriter of the offering a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the underwritten public offering on the same terms and conditions.

Fathom Holdings Prices Underwritten Public Offering of Common Stock

CARY, N.C. , Nov. 30, 2023 /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, insurance, and SaaS offerings for brokerages and agents, today announced a proposed primary and secondary offering of its common stock in an underwritten public offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering.

Fathom Holdings Announces Proposed Primary and Secondary Offering of Common Stock

CARY, N.C. , Nov. 27, 2023 /PRNewswire/ -- Fathom Realty, a wholly owned 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, insurance, and SaaS offerings for brokerages and agents, today announced a revision to its real estate agent fee structure, effective January 1, 2024. "Fathom Realty offers one of the best industry commission structures that recognizes our agents' hard work and dedication while providing them with the necessary resources to excel," explained Marco Fregenal, Fathom's Chief Executive Officer.

Fathom Realty Announces Revised Agent Commission Structure

CARY, N.C. , Nov. 15, 2023 /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, insurance, and SaaS offerings for brokerages and agents, is proud to announce that it's subsidiary, Encompass Lending Group has been awarded a Top Workplaces 2023 honor by the Houston Chronicle. The recognition is based solely on employee feedback gathered through a third-party survey administered by an employee engagement technology partner, Energage, LLC.

Houston Chronicle Names Fathom's Encompass Lending Group a Winner of the Houston Metro Area Top Workplaces 2023 Award

President and CFO Marco Fregenal Appointed CEO Visionary Founder and CEO Joshua Harley to Remain as Founder and Chief Evangelist, Primarily Supporting Agent Growth Initiatives Independent Director Scott Flanders Named Chair of the Board CARY, N.C., Nov. 13, 2023 /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, insurance, and SaaS offerings for brokerages and agents, today announced a leadership succession plan to support the Company's next chapter of growth.

Fathom Holdings Announces Leadership Succession Plan

Fathom Holdings Inc. (FTHM) Q3 2023 Earnings Call Transcript

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