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.

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.

Fathom Holdings Inc. Reports Record 118% Year-Over-Year Revenue Growth for 2021 Second Quarter

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.

Analysts Estimate Fathom Holdings (FTHM) to Report a Decline in Earnings: What to Look Out for

CARY, N.C., July 27, 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 second quarter financial results after market close on Wednesday, August 11, 2021. The Company will host an investor conference call the same day.

Fathom Holdings Inc. to Report 2021 Second Quarter Financial Results and Host Conference Call on Wednesday, August 11, 2021

CARY, N.C., July 7, 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 created a Hispanic division to better serve this fast-growing demographic.  Flavio Jimenez, a real estate industry veteran, will lead the division as Vice President of Business Development for the Hispanic Market, a newly created position.

Fathom Holdings Creates Hispanic Division to Better Assist Underserved Community

CARY, N.C., July 1, 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 through its wholly-owned subsidiary, Fathom Realty Holdings, LLC, it has completed the acquisition of Epic Realty.  Terms of the transaction were not disclosed.

Fathom Holdings Completes Epic Realty Acquisition

CARY, N.C., June 16, 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 through its wholly-owned subsidiary, Fathom Realty Holdings, LLC, it has signed a definitive agreement to enter the Idaho market through the planned acquisition of Epic Realty. The acquisition is scheduled to close in the second quarter.

Fathom Holdings to Enter Idaho Market through Planned Acquisition of Epic Realty

CARY, N.C., June 15, 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 the Roth Virtual London Conference on Tuesday, June 22.  The conference will consist of small group and one-on-one investor meetings by invitation only.

Fathom to Participate in Roth Virtual London Conference

CARY, N.C., June 7, 2021 /PRNewswire/ -- Verus Title Inc., 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 its expansion into the Texas market.  Chris Mitchell, a 20-year title industry veteran, has been tapped to lead Verus' title operations there in the newly created position of Managing Director – Texas Operations.

Verus Title Expands to Dallas-Fort Worth Market

Fathom Holdings, Inc. (FTHM) CEO Josh Harley on Q1 2021 Results - Earnings Call Transcript

CARY, N.C., May 13, 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 first quarter ended March 31, 2021. First Quarter 2021 Financial Results Revenue for the 2021 first quarter grew approximately 72% to $49.6 million, from $28.8 million for the comparable period last year.

Fathom Holdings Inc. Reports 72% Revenue Growth for 2021 First Quarter

CARY, N.C., May 5, 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 first quarter financial results after market close on Thursday, May 13, 2021. The Company will host an investor conference call the same day.

Fathom Holdings Inc. to Report 2021 First Quarter Financial Results and Host Conference Call on Thursday, May 13, 2021

CARY, N.C., April 26, 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 has completed the previously announced acquisition of LiveBy, a hyperlocal data and technology platform. The purchase price was approximately $9.0 million, consisting of approximately $3.0 million in cash and $6.0 million in Fathom Holdings common stock.

Fathom Holdings Completes Acquisition of Technology Platform LiveBy

CARY, N.C., April 20, 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 reported it has completed the previously announced acquisition of E4:9 Holdings, Inc., a holding company with three operating subsidiaries serving the residential real estate sector: Encompass Lending Group, Dagley Insurance Agency (DIA), and Real Results. The final purchase price was approximately $28.88 million, consisting of approximately $9.82 million in cash and $19.05 million in Fathom Holdings common stock.

Fathom Holdings Completes Acquisition of E4:9 Holdings

CARY, N.C., April 14, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty , LLC, a national, cloud-based, technology-driven, residential real estate brokerage, today announced that it has signed a definitive agreement to acquire E4:9 Holdings, Inc., a holding company with three operating subsidiaries serving the residential real estate sector: Encompass Lending Group, Dagley Insurance Agency, and Real Results. The transaction is anticipated to close in the second quarter and is expected to be immediately accretive.

Fathom Holdings Signs Definitive Agreement to Acquire E4:9 Holdings, Parent Company of Encompass Lending Group, Dagley Insurance Agency, and Real Results

CARY, N.C., April 8, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty , LLC, a national, cloud-based, technology-driven, residential real estate brokerage, today announced that it has signed a definitive agreement to acquire hyperlocal data and technology platform, LiveBy, Inc. Following the acquisition, LiveBy will become a wholly-owned subsidiary of Fathom's subsidiary, IntelliAgent. The addition of LiveBy is expected to further enhance Fathom's proprietary technology platform, intelliAgent, and its SaaS offering.

Fathom Holdings Signs Definitive Agreement to Acquire Technology Platform LiveBy

Fathom Holdings Inc. is a cloud-based real estate brokerage operating in the United States.

Fathom Holdings Is Cheap At 2x-2.5x Forward Sales

CARY, N.C., March 23, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty, LLC, a national, cloud-based, technology-driven, residential real estate brokerage, today announced financial results for the 2020 fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Financial Results Revenue for the 2020 fourth quarter increased 61% to $53.4 million, from $33.2 million for the prior-year period.

Fathom Holdings Inc. Reports 61% Revenue Growth for 2020 Fourth Quarter; 59% for Full Year 2020

CARY, N.C., March 11, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty, LLC, a national, cloud-based, technology-driven, residential real estate brokerage, today announced that Joshua Harley, its Chief Executive Officer, and Marco Fregenal, its President and Chief Financial Officer, will participate in the 33rd Annual Roth Conference, which will be held virtually. Fathom's presentation is on Wednesday, March 17 at 11:00 am ET.

Fathom to Participate in 33rd Annual Roth Conference

CARY, N.C., March 9, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty, LLC, a national, cloud-based, technology-driven, residential real estate brokerage, today announced it will release its 2020 fourth quarter and full-year financial results after market close on Tuesday, March 23, 2021. The Company will host an investor conference call the same day.

Fathom Holdings Inc. to Report 2020 Fourth Quarter and Full-Year Financial Results and Host Conference Call on Tuesday, March 23, 2021

CARY, N.C., March 5, 2021 /PRNewswire/ -- Fathom Holdings Inc. (NASDAQ: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty, LLC, a national, cloud-based, technology-driven, residential real estate brokerage, today announced it has acquired...

Fathom Holdings Acquires Real Estate Brokerage Business of Red Barn Real Estate

CARY, N.C., Feb. 25, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty, LLC, a national, cloud-based, technology-driven, residential real estate brokerage, today announced it has...

Fathom Realty Introduces New Agent Referral Program

-- Gives Homeowners Powerful Options to Quickly Sell their Homes -- -- Gives Homeowners Powerful Options to Quickly Sell their Homes --

zavvie and Fathom Realty Join Forces to Offer New Residential Real Estate Service for Consumers: ‘Fathom Offers' by Fathom Realty

CARY, N.C., Feb. 10, 2021 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty, LLC, a national, cloud-based, technology-driven, residential real estate brokerage, today announced that its...

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