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Fathom Nickel Expands the Gochager Lake Property and Announces Delay of Summer Field Exploration
Newsfile· 2025-06-11 11:45
Fathom Nickel Expands the Gochager Lake Property and Announces Delay of Summer Field ExplorationJune 11, 2025 7:45 AM EDT | Source: Fathom Nickel Inc.HighlightsThree contiguous mineral dispositions totaling 10,519.43 hectares have been added to the Gochager Lake Property.The Gochager Lake Property now consists of 39 contiguous mineral claims amounting to 34,409.34 total hectares.The new staking covers known mafic-hosted nickel-copper occurrences as well as known gold occurrences.The additional ...
Fathom Holdings (FTHM) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-06-09 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
Fathom Holdings (FTHM) Moves to Buy: Rationale Behind the Upgrade
ZACKS· 2025-05-23 18:58
Fathom Holdings (FTHM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often fin ...
Fathom (FTHM) Update / Briefing Transcript
2025-05-20 21:15
Fathom Holdings (FTHM) Conference Call Summary Company Overview - Fathom is a real estate technology company providing a comprehensive solution for residential and commercial real estate, including brokerage, mortgage, title, and SaaS offerings [3][4] - The company operates in 43 states with plans to expand to five additional states in 2024 [4] Financial Performance - Q1 revenue grew by 32%, transactions increased by 26%, and agent growth was 22.8% [4][31] - Significant investment of approximately $20 million in proprietary software [4][22] - The acquisition of My Home Group in November 2024 added 2,200 agents and $100 million in revenue, expected to contribute $1.2 million in EBITDA in 2025 [4][28][29] Unique Business Model - Fathom's model differs from traditional brokerages by allowing agents to retain a larger portion of their commissions, charging a flat annual fee of $700 plus a transaction fee [11][12] - The company offers a concierge-level service and a virtual business model, which enhances agent support and efficiency [7][10] Technology and Efficiency - Fathom owns all its technology, which includes an ERP-like system for managing transactions and agent operations [18][19] - The direct cost per transaction is less than $270, significantly lower than competitors [19][26] - The Elevate program, launched recently, aims to provide agents with comprehensive support, potentially increasing gross profit per transaction by four times [14][15][26] Growth Strategy - Fathom aims to reach approximately 100,000 agents in the U.S., currently having around 15,000 [27] - The company anticipates organic growth to return to 15% and total growth (including acquisitions) to reach close to 30% [50][61] - The Elevate program is expected to generate approximately $1 million in EBITDA for every 100-120 agents [15][73] Ancillary Services - The mortgage business grew by 15% year-over-year, while the title business grew by 61% in Q1 [25][74] - Fathom aims for 50% of its ancillary business to come from non-Fathom agents, currently at over 60% [75] Market Position and Competition - Fathom is the tenth largest real estate company in the U.S. in a highly fragmented market with around 80,000 brokerages [9][60] - The company is not focused on competing directly with large mortgage companies like Rocket Mortgage, as it operates differently and relies on Fathom agents for business [54][55] Future Outlook - The company expects to achieve adjusted EBITDA positivity in Q2 2025, driven by cost reductions and growth in ancillary services [57][58] - Fathom plans to continue expanding its footprint and exploring acquisition opportunities in the fragmented real estate market [33][61] Management and Governance - The leadership team has extensive experience in real estate and technology, with a strong board of directors supporting growth initiatives [34][36] Additional Insights - Fathom divested from its insurance business to focus on higher growth opportunities, achieving a 32% growth rate in its core business [78] - The company has implemented AI solutions to enhance efficiency and reduce costs across various operations [51][52]
Join Fathom Holdings' Exclusive Live Investor Webinar and Q&A Session on May 20
Prnewswire· 2025-05-16 12:30
CARY, N.C., May 16, 2025 /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 pleased to invite investors to a webinar on May 20, 2025, at 4:15 p.m. ET.The exclusive event, hosted by RedChip Companies, will feature Fathom's CEO, Marco Fregenal.Attendees will gain insight into Fathom Holdings' position as a d ...
Fathom Holdings (FTHM) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-13 22:55
Company Performance - Fathom Holdings reported a quarterly loss of $0.18 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.13, but an improvement from a loss of $0.31 per share a year ago, indicating a year-over-year improvement in loss figures [1] - The company posted revenues of $93.14 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 12.16% and showing a significant increase from $70.5 million in the same quarter last year [2] - Over the last four quarters, Fathom Holdings has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Fathom Holdings shares have declined approximately 39.9% since the beginning of the year, contrasting with the S&P 500's decline of only 0.6% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.04 on revenues of $117.18 million, and for the current fiscal year, it is -$0.38 on revenues of $424.23 million [7] Industry Outlook - The Technology Services industry, to which Fathom Holdings belongs, is currently ranked in the top 26% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Fathom Realty(FTHM) - 2025 Q1 - Earnings Call Transcript
2025-05-13 22:02
Fathom (FTHM) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Paul Kuntz - Director of CommunicationsMarco Fregenal - CEO & DirectorDaniel Weinmann - VP - Finance Conference Call Participants Darren Aftahi - MD & Senior Research Analyst Operator Good day, everyone, and welcome to the Fathom Holdings, Inc. First Quarter twenty twenty five Conference Call. At this time, all participants have been placed on a listen only mode, and we will open the floor for your questions and comments after ...
Fathom Realty(FTHM) - 2025 Q1 - Earnings Call Transcript
2025-05-13 22:00
Fathom (FTHM) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Speaker0 Good day, everyone, and welcome to the Fathom Holdings, Inc. First Quarter twenty twenty five Conference Call. At this time, all participants have been placed on a listen only mode, and we will open the floor for your questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, Paul Kuntz. Sir, the floor is yours. Speaker1 Thank you and good afternoon. Welcome to Fathom Holdings first quarter t ...
Fathom Realty(FTHM) - 2025 Q1 - Quarterly Report
2025-05-13 20:10
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended March 31, 2025 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from______to______ Commission File Number 001-39412 FATHOM HOLDINGS INC. (Exact name of Registrant as specified in its Charter) North Carolina 82-1518164 (Stat ...
Fathom Realty(FTHM) - 2025 Q1 - Quarterly Results
2025-05-13 20:09
Exhibit 99.1 Fathom Holdings Reports First Quarter 2025 Results – Fathom achieved a 32% year-over-year revenue increase in the first quarter, beating analyst expectations by 12% – CARY, NC, May 13, 2025 – 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, 2 ...