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., Nov. 6, 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 that its subsidiary, Fathom Realty has expanded its operations in Massachusetts through the addition of Council Realty, a prominent name in Pioneer Valley, Massachusetts.

Fathom Realty Continues to Grow Agent Network in Massachusetts

CARY, N.C., Nov. 3, 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 that its subsidiary, Fathom Realty has expanded its operations in California through the addition of Stockton-based Advance 1 McKeever Realty. Advance 1 McKeever Realty is an award-winning real estate brokerage with approximately 70 agents that provides a full range of services for buyers and sellers in Stockton, California.

Fathom Realty Expands Footprint in California, Welcomes Advance 1 McKeever Realty to Agent Network

CARY, N.C. , Oct. 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 that its subsidiary, Fathom Realty has expanded its operations in Louisiana through the addition of Team Adkins Real Estate to its growing brand. This partnership continues Fathom Realty's mission to foster collaboration and provide top-notch support to agents nationwide.

Fathom Realty Expands Footprint in Louisiana, Expanding its Network of Exceptional Agents

CARY, N.C. , Oct. 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, will hold a conference call on Wednesday, November 8, 2023 at 5:00 p.m. Eastern time (2:00 p.m.

Fathom Holdings Sets Third Quarter 2023 Conference Call for Wednesday, November 8, 2023 at 5:00 p.m. ET

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CARY, N.C. , Sept. 6, 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, will participate in the B.

Fathom Holdings to Participate in the B. Riley Securities Consumer Conference

Elite Financing Group Joins Encompass Lending Group to Strengthen Consumer Lending Footprint Across Texas CARY, N.C. , Aug. 31, 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 that its subsidiary, Encompass Lending Group ("Encompass"), has expanded its operations in Texas through the addition of Austin-based Elite Financing Group, a residential mortgage lender.

Fathom Holdings Subsidiary, Encompass Lending Group, Expands Texas Operations

Fathom Holdings, Inc. (NASDAQ:FTHM ) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Alex Kovtun - Gateway Group Joshua Harley - Founder, Executive Chairman & CEO Marco Fregenal - President, CFO & Director Conference Call Participants Dillon Heslin - ROTH MKM Partners Wyatt Swanson - D.A. Davidson & Co. Jonathan Bass - Stephens Inc. Rajiv Sharma - B.

Fathom Holdings, Inc. (FTHM) Q2 2023 Earnings Call Transcript

– Company Targets Remaining Adjusted EBITDA Positive Moving Forward– CARY, N.C. , Aug. 9, 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 reported financial results for the second quarter ended June 30, 2023.

Fathom Holdings Reports Second Quarter 2023 Results

CARY, N.C. , July 27, 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, will hold a conference call on Wednesday, August 9, 2023 at 5:00 p.m. Eastern time (2:00 p.m.

Fathom Holdings Sets Second Quarter 2023 Conference Call for Wednesday, August 9, 2023 at 5:00 p.m. ET

CARY, N.C. , July 26, 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 that the Company's CEO Joshua Harley and other members of the Fathom team will ring the NASDAQ Opening Bell on Monday, July 31, 2023. The ceremony will begin at 9:15 a.m.

Fathom Holdings to Ring Nasdaq Opening Bell on July 31, 2023

CARY, N.C. , July 5, 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 has appointed highly-experienced real estate industry executive Steve Murray to its board of directors. Murray will serve on the Company's Compensation Committee and Nominating and Corporate Governance Committee, and succeeds Chris Bennett who served on the Company's board since 2019.

Fathom Holdings Appoints Highly-Experienced Real Estate Industry Executive Steve Murray to Board of Directors

Fathom Holdings (FTHM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Fast-paced Momentum Stock Fathom Holdings (FTHM) Is Still Trading at a Bargain

After reaching an important support level, Fathom Holdings Inc. (FTHM) could be a good stock pick from a technical perspective. FTHM recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

Fathom Holdings (FTHM) Just Flashed Golden Cross Signal: Do You Buy?

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7 Stocks to Buy for Their Massive Upside Potential

The average of price targets set by Wall Street analysts indicates a potential upside of 46.1% in Fathom Holdings (FTHM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Fathom Holdings (FTHM) Have the Potential to Rally 46.14% as Wall Street Analysts Expect?

Fathom Holdings (FTHM) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $0.37 per share a year ago.

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

Fathom Holdings Inc. (NASDAQ:FTHM ) Q1 2023 Earnings Conference Call May 10, 2023 5:00 PM ET Company Participants Alex Kovtun - Investor Relations, Gateway Group Josh Harley - Founder, Chairman and Chief Executive Officer Marco Fregenal - President and Chief Financial Officer Conference Call Participants AJ Hayes - Stephens Inc. Wyatt Swanson - D.A. Davidson Operator Good day, and welcome to the Fathom Holdings First Quarter 2023 Earnings Conference Call.

Fathom Holdings Inc. (FTHM) Q1 2023 Earnings Call Transcript

-- Reiterates Adjusted EBITDA Breakeven in the Second Quarter of 2023, Cash Flow Breakeven in the Third Quarter of 2023 -- CARY, N.C. , May 10, 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 reported financial results for the first quarter ended March 31, 2023.

Fathom Holdings Reports First Quarter 2023 Results

CARY, N.C. , May 10, 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, will participate in the 18th Annual Needham Technology & Media Conference being held at Intercontinental New York Times Square. Fathom Founder and Chief Executive Officer Joshua Harley and President and Chief Financial Officer Marco Fregenal will present on May 17, 2023 at 10:15 a.m.

Fathom Holdings to Participate in the 18th Annual Needham Technology & Media Conference

CARY, N.C. , April 28, 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, will hold a conference call on Wednesday, May 10, 2023 at 5:00 p.m. Eastern time (2:00 p.m.

Fathom Holdings Sets First Quarter 2023 Conference Call for Wednesday, May 10, 2023 at 5:00 p.m. ET

Fathom Holdings (FTHM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Fathom Holdings (FTHM) Report Negative Q1 Earnings? What You Should Know

CARY, N.C., April 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, has entered into a securities purchase agreement, under which the Company had sold and issued a senior secured convertible promissory note in a principal amount of $3.5 million (the "Note") to an existing longstanding institutional investor.

Fathom Holdings Announces $3.5 Million Convertible Note Private Placement

CARY, N.C. , April 4, 2023 /PRNewswire/ -- Fathom Realty, LLC , a wholly owned subsidiary of Fathom Holdings Inc. (Nasdaq: FTHM) brand, has continued to climb the RealTrends 500 rankings year-over-year. Based on 2022 results, Fathom Realty ranked second in the RealTrends 500 Top Movers by transactions, a ranking of firms generating the most significant increase in transactions closed from 2021 to 2022.

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