Fathom Realty(FTHM)

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Fathom Announces Start-Up of the Gochager Lake Summer Field Exploration Program
Newsfile· 2025-07-21 11:54
Core Viewpoint - Fathom Nickel Inc. has commenced its summer field exploration program at the Gochager Lake Project, following a delay due to wildfires, with the aim of expanding on the successful 2024 field program [1][2][3] Group 1: Exploration Program Details - The summer field program includes establishing a 100m-spaced grid for future geophysical surveys and completing a 3.5 km trail from Weaver Lake Camp to Gochager Lake [3] - The geological crew will focus on mapping and prospecting areas northeast and southwest of the historic Gochager Lake deposit, with plans to collect approximately 4,000 B-horizon soil samples [3][4] - The program is expected to be completed within three weeks, with soil assays and findings reported as they become available [3][4] Group 2: Soil Geochemical Anomalies - Three significant multi-element soil geochemical anomalies have been identified: 1. Anomaly 1: A 600m x 150m feature with assay values >98th percentile Ni, with the highest sample at 973ppm Ni, also showing 295ppm Cu and 91ppm Co [3][4] 2. Anomaly 2: Located 1.5km north-northwest of Camp, with the highest value at 712ppm Ni, along with 76.4ppm Cu and 91.1ppm Co [3][4] 3. Anomaly 3: Found along the northern shore of Gochager Lake, with the highest value at 1,650ppm Ni, 116.5ppm Cu, and 373ppm Co [3][4] Group 3: Company Background and Objectives - Fathom Nickel Inc. is focused on exploring for magmatic nickel sulphide deposits to support the green energy transition and secure North American critical minerals [7] - The company holds a portfolio of three exploration projects in Saskatchewan, including the Gochager Lake Project, which has a historic non-compliant resource of 4.3 million tons at 0.295% Ni and 0.081% Cu [8][11]
Despite Fast-paced Momentum, Fathom Holdings (FTHM) Is Still a Bargain Stock
ZACKS· 2025-07-09 13:51
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."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 a ...
Fathom Welcomes Former Noront Resources President and CEO, Alan Coutts to the Company's Board of Directors
Newsfile· 2025-07-08 11:45
Company Overview - Fathom Nickel Inc. has appointed Alan Coutts, former President and CEO of Noront Resources, to its Board of Directors, enhancing its leadership team with significant industry experience [1][4] - Coutts orchestrated the sale of Noront Resources to Wyloo Metals in 2022, a transaction valued at over C$650 million, marking it as the largest nickel acquisition in the past decade [1][2] Leadership Experience - Alan Coutts brings over 35 years of mining experience, having held senior management roles in various companies, including Xstrata Nickel and Noranda [2] - His expertise includes navigating complex permitting, financing, and exploration challenges, which will be beneficial for Fathom's projects [4] Project Portfolio - Fathom Nickel is focused on magmatic nickel sulphide discoveries to support the green energy transition and secure North American critical minerals [6] - The company has three high-quality exploration projects in Saskatchewan: 1. Albert Lake Project, over 90,000 hectares, previously hosted the Rottenstone Mine, which produced 28,724 tons at 3.3% Ni [8] 2. Gochager Lake Project, over 34,000 hectares, with a historic resource of 4.3 million tons at 0.295% Ni [8][11] 3. Friesen Lake Project, over 10,000 hectares, located near the historic Rottenstone Mine [8] Strategic Vision - Coutts sees potential in Fathom's properties, identifying them as hallmarks of an emerging nickel district, with favorable mining jurisdiction and identified nickel showings [4]
Fathom (FTHM) Earnings Call Presentation
2025-06-25 11:16
Investor Presentation NASDAQ FTHM Fathom Holdings, Inc. is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings to brokerages and agents by leveraging proprietary cloud-based software VISIT IFATHOMINC.COM Fathom Holdings | NASDAQ: FTHM 1 April 2025 Legal Disclaimer Forward Looking Statements This presentation contains certain supplemental financial measures that are not calculated pursuant to U.S. generally accepted accounting pr ...
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
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Fathom Holdings (FTHM) Analysis - Fathom Holdings (FTHM) has shown significant price movement, with a 52.4% increase over the past four weeks, indicating strong investor interest [4] - The stock has gained 41.2% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - FTHM has a beta of 2.13, suggesting it moves 113% higher than the market in either direction, indicating fast-paced momentum [5] - The stock has a Momentum Score of B, suggesting it is an opportune time to invest [6] - FTHM has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [7] - The stock is trading at a low Price-to-Sales ratio of 0.10, indicating it is reasonably valued at present [7] Group 3: Investment Opportunities - FTHM is highlighted as a strong candidate for investment, with potential for further price appreciation [8] - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting a broader opportunity for investors [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, providing various strategies to identify winning stocks [9]
Fathom Holdings (FTHM) Moves to Buy: Rationale Behind the Upgrade
ZACKS· 2025-05-23 18:58
Core Viewpoint - Fathom Holdings (FTHM) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, indicating that revisions in earnings estimates can lead to significant price changes [4][6]. - For Fathom Holdings, the rising earnings estimates suggest an improvement in the company's underlying business, which is expected to positively influence its stock price [5]. Zacks Rating System - The Zacks Rank stock-rating system categorizes stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - The Zacks rating system maintains a balanced distribution of 'buy' and 'sell' ratings, ensuring that only the top 20% of stocks receive a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [9][10]. Earnings Estimate Revisions for Fathom Holdings - For the fiscal year ending December 2025, Fathom Holdings is projected to earn -$0.33 per share, reflecting a 69.2% change from the previous year's reported figure [8]. - Over the past three months, the Zacks Consensus Estimate for Fathom Holdings has increased by 7.8%, indicating a positive trend in earnings expectations [8].
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
Core Insights - Fathom Holdings, Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings, inviting investors to a webinar on May 20, 2025 [1] - The company operates a flat-fee commission model and has a growing network of over 14,300 agents across 43 states, positioning itself to benefit from an improving housing market [2] Company Overview - Fathom Holdings leverages its proprietary cloud-based software, intelliAgent, to enhance operational efficiency and scalability [4] - The company has made strategic acquisitions, including the integration of My Home Group, which is expected to contribute to significant revenue growth in 2025 [2] Webinar Details - The upcoming webinar will feature Fathom's CEO, Marco Fregenal, and will include a live Q&A session for attendees [3]
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]