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.

Earnings data Q4 2020

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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.

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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' (FTHM) CEO Josh Harley on Q4 2021 Results - Earnings Call Transcript

CARY, N.C., March 8, 2022 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), 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 financial results for the 2021 fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Financial Results Total revenue increased 79% for the 2021 fourth quarter to $95.5 million, from $53.4 million for last year's fourth quarter.

Fathom Holdings Inc. Reports 79% Revenue Growth for 2021 Fourth Quarter; 87% for Full Year 2021

CARY, N.C., March 3, 2022 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), 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 two investor conferences in March. On March 10, 2022, Joshua Harley, Fathom's Founder and Chief Executive Officer, and Marco Fregenal, the Company's President and Chief Financial Officer, will conduct one-on-one meetings with investors during D.A.

Fathom Holdings to Participate in March Investor Conferences

CARY, N.C., Feb. 22, 2022 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), 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 it will release its 2021 fourth quarter and full year financial results after market close on Tuesday, March 8, 2022. The Company will host an investor conference call the same day.

Fathom Holdings Inc. to Report 2021 Fourth Quarter and Full Year Financial Results and Host Conference Call on Tuesday, March 8, 2022

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CARY, N.C., Feb. 15, 2022 /PRNewswire/ -- Fathom Holdings Inc. (NASDAQ: FTHM), 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, has acquired Washington, D.C.-based Cornerstone First Financial, a residential mortgage lender.

Fathom Holdings Subsidiary, Encompass Lending Group, Acquires Cornerstone First Financial

CARY, N.C., Feb. 10, 2022 /PRNewswire/ -- Fathom Holdings Inc. (NASDAQ: FTHM), 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 has acquired Utah-based iPro Realty Network, a full-service residential real estate brokerage company. The acquisition is expected to be immediately accretive.

Fathom Holdings Acquires Leading Utah Brokerage, iPro Realty Network

CARY, N.C., Jan. 25, 2022 /PRNewswire/ -- Fathom Realty LLC, 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, insurance, and SaaS offerings for brokerages and agents, today introduced intelliAgent 2.0, the Company's next-generation proprietary, all-in-one technology platform designed to simplify all aspects of brokerage operations and agent transaction management. Accessible anytime, anywhere and on any device, intelliAgent 2.0.

Fathom Realty Launches intelliAgent 2.0

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Roth Capital analyst Darren Aftahi named Digital Turbine Inc (NASDAQ:APPS), Fathom Holdings Inc (NASDAQ:FTHM), and Veritone Inc (NASDAQ:VERI) as the 2022 top picks in Internet, Media & Enabling Technologies. Aftahi has a Buy rating on all three companies.

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Fathom Holdings went public in July 2020, raising $34 million in an IPO.

Fathom Holdings Diversifies But Continues Loss-Making Ways

CARY, N.C., Dec. 8, 2021 /PRNewswire/ -- Fathom Realty, LLC, 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, insurance, and SaaS offerings for brokerages and agents, today introduced Fathom Academy, a new enterprise-wide learning management system to boost the company's robust training and collaboration offerings across Fathom Realty and all of Fathom's business units. Powered by Docebo®'s AI-powered e-learning software, Fathom Academy gives agents greater access and control of Fathom's vast array of knowledge management resources, such as live webinars, in-person events, on-demand courses, and training and sales videos, among other educational and professional development programs and offerings to help them become more productive and increase transactions.

Fathom Realty Launches Fathom Academy

CARY, N.C., Nov. 23, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), 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 will participate in two investor conferences in December. Joshua Harley, Fathom's Founder and Chief Executive Officer, and Marco Fregenal, the Company's President and Chief Financial Officer, will participate in the Stephens Investment Conference on Wednesday, December 1, 2021 in Nashville, Tennessee.

Fathom Holdings to Participate in Two Investor Conferences in December

CARY, N.C., Nov. 23, 2021 /PRNewswire/ -- Fathom Realty, LLC, 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, insurance, and SaaS offerings for brokerages and agents, today announced that the Woodhouse Group has joined Fathom with the addition of approximately 50 agents in the Idaho market. Effective immediately, Woodhouse Group agents will operate under the Fathom Realty umbrella.

Idaho's Woodhouse Group Joins Fathom Realty

CARY, N.C., Nov. 22, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), 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 closing of its previously announced underwritten public offering of 1,750,000 shares, inclusive of 350,000 secondary shares, of its common stock at a price to the public of $25.00 per share (the "Offering"). The Company also granted the underwriters 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 Announces Closing of Underwritten Public Offering of Common Stock

Fathom Holdings, Inc. (FTHM) CEO Josh Harley on Q3 2021 Results - Earnings Call Transcript

Fathom Holdings (NASDAQ:FTHM) reported its Q3 earnings results on Wednesday, November 10, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

Fathom Holdings: Q3 Earnings Insights

CARY, N.C., Nov. 10, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), 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 financial results for the 2021 third quarter and nine months ended September 30, 2021. Third Quarter 2021 Financial Results Total revenue for the third quarter of 2021 increased 81% to $100.9 million, from $55.8 million for the same period last year.

Fathom Holdings Inc. Reports 81% Growth for 2021 Third Quarter Revenue

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.

Earnings Preview: Fathom Holdings (FTHM) Q3 Earnings Expected to Decline

CARY, N.C., Oct. 25, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), 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 it will release its 2021 third quarter financial results after market close on Wednesday, November 10, 2021. The Company will host an investor conference call the same day.

Fathom Holdings Inc. to Report 2021 Third Quarter Financial Results and Host Conference Call on Wednesday, November 10, 2021

CARY, N.C., Sept. 9, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), 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 has launched LiveBy Local, a robust suite of hyperlocal products to help agents drive increased transaction volumes.

Fathom Launches LiveBy Local

CARY, N.C., Sept. 2, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), 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 Joshua Harley, its Chief Executive Officer, and Marco Fregenal, its President and Chief Financial Officer, will participate in D.A.

Fathom to Participate in D.A. Davidson 20th Annual Software and Internet Conference

The shares of Fathom Holdings Inc (NASDAQ: FTHM) increased by over 15% during intraday trading. This is why it happened.

Fathom Holdings Shares Increase Over 15% Intraday: Why It Happened

Fathom Holdings, Inc. (FTHM) CEO Josh Harley on Q2 2021 Results - Earnings Call Transcript

CARY, N.C., Aug. 11, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), 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 financial results for the 2021 second quarter and first half ended June 30, 2021, including year-over-year revenue growth of 118%. Second Quarter 2021 Financial Results Total revenue for the second quarter of 2021 rose to $84.2 million, from $38.7 million for the same period last year.

News for Fathom Holdings Stock (FTHM)