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Fathom Holdings Partners with Leadership Expert J'aime Nowak to Elevate Agent Training and Coaching Programs
Prnewswire· 2025-09-16 12:30
Accessibility StatementSkip Navigation CARY, N.C., Sept. 16, 2025 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM),a national, technology- driven real estate services platform, today announced a strategic partnership with J'aime Nowak, a highly regarded leadership consultant, keynote speaker, and business strategist. In her role, Nowak will guide the evolution of Fathom Elevate's coaching and training initiatives while extending her expertise across Fathom Realty to support the company's agents nationwid ...
Fathom (FTHM) 2025 Conference Transcript
2025-09-04 18:00
Summary of Fathom Holdings Conference Call Company Overview - **Company**: Fathom Holdings (FTHM) - **Industry**: Real Estate Services - **Business Model**: Technology-driven end-to-end real estate services platform integrating residential, mortgage, title, and SaaS offerings for brokers and agents [1] Key Financial Highlights - **Q2 Revenue Growth**: 36% year-over-year [2] - **Transaction Growth**: 25% year-over-year [2] - **Agent Growth**: 23% year-over-year [2] - **Technology Investment**: Approximately $20 million [2] - **Projected Growth**: Anticipated 50% growth year-over-year when market conditions improve [6] Market Conditions and Trends - **Current Market Challenges**: The real estate industry has faced difficulties due to rising interest rates and home prices [2][4] - **Home Price Trends**: Average home price increased from $330,000 to $440,000 over the past four years; expected to decrease by 10% to around $400,000 [4][6] - **Interest Rate Outlook**: Anticipated decrease to 6.25%, improving affordability [6] - **Regional Trends**: Home prices in California have decreased by 3% year-over-year, indicating a potential nationwide trend [5][6] Unique Business Model - **Technology Focus**: Fathom positions itself as a technology company rather than a traditional real estate company, with a comprehensive ERP-like system for agents [3][7] - **Flat Fee Structure**: Charges a flat fee for agent commissions, contrasting with traditional percentage-based models [10][13] - **Concierge Service**: Introduced "Elevate," a concierge service to assist agents with non-sales tasks, enhancing agent productivity [10][14] Growth Strategy - **Acquisition Strategy**: Recent acquisition of My Home Group, adding 2,200 agents; plans for further acquisitions to expand market share [4][27] - **Licensing Technology**: Plans to license technology to small brokerages, creating a new revenue stream [23][24] - **Ancillary Services Growth**: Significant growth in mortgage (65%) and title (89%) businesses from January to June [25] Operational Efficiency - **Cost per Transaction**: Fathom's cost to close a transaction is less than $270, significantly lower than competitors [22] - **Agent Turnover**: Fathom has a turnover rate of less than 1.5% per month, compared to the industry average of 3% [13][31] - **Agent Satisfaction**: Recognized as a top company for agent satisfaction based on independent reviews [32] Management and Leadership - **Experienced Management Team**: The management team has extensive experience in navigating both good and bad market conditions [33] - **Board Composition**: Includes industry veterans with significant M&A experience and leadership in public companies [33] Future Outlook - **Market Recovery**: Anticipated increase in transactions to approximately 4.5 million next year, with a long-term projection of close to 5 million by 2027 [29][30] - **Expansion Plans**: Fathom operates in 43 states and aims to continue expanding its footprint [30][31] This summary encapsulates the key points discussed during the Fathom Holdings conference call, highlighting the company's performance, market conditions, unique business model, growth strategies, operational efficiencies, and future outlook.
Fathom to Present at the 2025 Gateway Conference on September 4th
Globenewswire· 2025-08-20 12:30
Core Insights - Fathom Holdings Inc. will participate in the 2025 Gateway Conference on September 3-4, 2025, in San Francisco, CA [1] - CEO Marco Fregenal will present on September 4 at 10:00 am PT, with a live webcast available [2] - The presentation will cover Fathom's strategic roadmap, showcasing a 36% year-over-year revenue growth, record transaction volumes, and a 23% increase in agent count [3] Financial Performance - Fathom reported a strong second quarter with a 36% increase in revenue year-over-year [3] - The company achieved record transaction volumes and a 23% rise in agent count [3] - Fathom has returned to adjusted EBITDA profitability [3] Strategic Developments - The rapid adoption of the Elevate program is highlighted as a key growth driver [3] - Fathom secured its first licensing agreement for the intelliAgent platform with Sovereign Realty Partners under the Fathom Elite brand [3] - Ongoing agent expansion and platform innovation are expected to support sustained growth and increased market share [3] Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings [5] - The company leverages its proprietary cloud-based software, intelliAgent, and operates several brands including Fathom Realty and Encompass Lending [5]
Fathom Announces Completion of the Gochager Lake Summer Field Exploration Program and Further "Footprint" Expansion Along Strike
Newsfile· 2025-08-18 11:50
Core Insights - Fathom Nickel Inc. has completed its summer field exploration program at the Gochager Lake Project, despite a three-day interruption due to a lightning-induced wildfire [1][6]. Program Highlights - A total of 2,926 B-horizon soil samples were collected from 3,183 designated sites, along with 337 rock samples analyzed on-site for nickel, copper, cobalt, and other key elements [5]. - Approximately 90% of the intended soil geochemistry sampling coverage was completed, adding 3.5 km of coverage to the northeast and 2.5 km to the southwest [5]. - The total area covered by soil geochemistry now spans approximately 9 km in strike and 1-3 km in width, focusing on an interpreted structural corridor [5]. Mineralization Findings - Nickel in disseminated sulphide mineralization was detected approximately 1,200 m along strike of the historic Gochager Lake deposit, with additional findings of nickel in gabbroic and ultramafic rocks [5][7]. - The highest nickel-in-soil sample was collected approximately 800 m west-southwest of the historic Gochager Lake deposit [7]. Future Plans - The company anticipates interpreting the results of the soil and rock geochemistry program by mid-September, with plans for a geophysical survey to assess conductivity associated with newly discovered mineralized rocks [6][7]. - The exploration program aims to further define the nickel camp in north-central Saskatchewan, with ongoing efforts to expand the known mineralization footprint [6][15]. Company Overview - Fathom Nickel Inc. is focused on magmatic nickel sulphide discoveries to secure North American critical minerals and support the global green energy transition [15]. - The company holds a portfolio of three exploration projects in Saskatchewan, including the Gochager Lake Project, which has shown significant potential for nickel-copper-cobalt mineralization [16].
Fathom Holdings (FTHM) Reports Q2 Loss, Beats Revenue Estimates
ZACKS· 2025-08-12 23:00
While Fathom Holdings has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Fathom Holdings (FTHM) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to a loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -233.33%. A quarter ago, it was expected that this company would post a los ...
Fathom Realty(FTHM) - 2025 Q2 - Earnings Call Transcript
2025-08-12 22:00
Fathom (FTHM) Q2 2025 Earnings Call August 12, 2025 05:00 PM ET Speaker0Good afternoon and welcome to Fathom Holdings Second Quarter twenty twenty five Conference Call. Joining us today is the company's President and CEO, Marco Fresenal and Vice President of Finance, Daniel Weinman. Before I turn things over to management, I want to remind listeners that today's call may include forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statem ...
Fathom Realty(FTHM) - 2025 Q2 - Quarterly Report
2025-08-12 20:25
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 June 30, 2025 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from______to______ (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 2000 Regency Parkway Drive, Suite 300, Ca ...
Fathom Realty(FTHM) - 2025 Q2 - Quarterly Results
2025-08-12 20:16
– Fathom achieved 36% year-over-year revenue growth, driven by 25% transaction growth – CARY, NC, August 12, 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 second quarter and first six months ended June 30, 2025, which included delivering 36% year-over-year revenue growth, a ...
Fathom Holdings Reports Second Quarter 2025 Results
Prnewswire· 2025-08-12 20:05
Q2 Results Summary Q2 Results Summary "The second quarter of 2025 marked a strong step forward for Fathom, driven by the strength of our platform and our ability to recruit, retain, and support our agents in a dynamic housing market," said Marco Fregenal, CEO of Fathom Holdings. "While 2025 continues to present challenges for the industry, we are beginning to see the clear benefits of our diversified growth strategy. Verus Title delivered a record-breaking month in June, and our Elevate concierge program is ...
Fathom Expands Market Share in Arizona by Licensing Its intelliAgent Platform to Sovereign Realty Partners
Prnewswire· 2025-08-11 21:26
Core Insights - Fathom Holdings Inc. is expanding its presence in the Arizona real estate market through a strategic partnership with industry leaders Jeff Hawke, Joel Moyes, and Patrick Lewis, who will operate under the name Fathom Realty Elite [1][2] - This partnership is a significant milestone in Fathom's strategy to expand its intelliAgent platform, enhancing its footprint in one of the largest and fastest-growing real estate markets in the U.S. [2][3] - The combined experience of the new partners totals 81 years in commercial and residential real estate, which aligns with Fathom's mission to provide excellent service to agents and clients [3][4] Company Strategy - The partnership is expected to be the first of many as independent brokerages seek to enhance their operations with advanced technology and a robust network [3] - Fathom's intelliAgent platform and the Elevate program are highlighted as key tools that will benefit Arizona's real estate professionals [4] - The company emphasizes its commitment to integrity, collaboration, and support for agents, aiming to build a leading real estate advisory firm in Arizona [4][5] Technology and Services - Fathom Holdings Inc. is described as a technology-driven real estate services platform that integrates various offerings, including brokerage, mortgage, title, and SaaS solutions [5] - The company leverages its proprietary cloud-based software, intelliAgent, to empower agents and enhance consumer experiences [5]