Fathom Holdings (FTHM) came out with a quarterly loss of $0.50 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to loss of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -56.25%. A quarter ago, it was expected that this company would post a loss of $0.33 per share when it actually produced a loss of $0.34, delivering a surprise of -3.03%.Over the last four quarters, the company has not bee ...

[Company Overview and Strategic Focus](index=1&type=section&id=1.0%20Company%20Overview%20and%20Strategic%20Focus) [Introduction and CEO Commentary](index=1&type=section&id=1.1%20Introduction%20and%20CEO%20Commentary) Fathom Holdings Inc. reported Q4 and full-year 2023 results, emphasizing agent growth and cost optimization for future profitability - Fathom Holdings Inc. is a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS services[1](index=1&type=chunk)[24](index=24&type=chunk) - The company aims to achieve and maintain positive **Adjusted EBITDA**[1](index=1&type=chunk)[8](index=8&type=chunk)[19](index=19&type=chunk) - CEO Marco Fregenal stated the company is focused on growth strategies, expanding its agent base and optimizing cost structure to prepare for profitable growth in 2024[2](index=2&type=chunk) [Fourth Quarter 2023 Financial Performance](index=1&type=section&id=2.0%20Fourth%20Quarter%202023%20Financial%20Performance) [Operational Metrics](index=1&type=section&id=2.1%20Operational%20Metrics) Fathom's agent network grew significantly in Q4 2023, outperforming industry averages, with transaction volume declining less than the market Agent Network Growth | Metric | December 31, 2023 | December 31, 2022 | Growth Rate (YoY) | | :--- | :--- | :--- | :--- | | Number of Agents | ~11,795 | ~10,370 | 13.7% | | Industry Decline | - | ~1.61% | - | Real Estate Transaction Volume | Metric | Q4 2023 | Q4 2022 | Change (YoY) | | :--- | :--- | :--- | :--- | | Fathom Transactions | ~8,290 | - | -11.0% | | Industry Transactions | - | - | -13.8% | [Revenue Breakdown](index=2&type=section&id=2.2%20Revenue%20Breakdown) Q4 2023 total revenue decreased 11.2% YoY, primarily due to brokerage volume decline, partially offset by a 19.1% increase in ancillary services Total Revenue | Metric | Q4 2023 (million USD) | Q4 2022 (million USD) | Change (YoY) | | :--- | :--- | :--- | :--- | | Total Revenue | $74.1 | $83.4 | -11.2% | | Brokerage Revenue | - | - | -12.8% | | Ancillary Services Revenue | - | - | +19.1% | Segment Revenue | (Revenue in million USD) | Three Months Ended December 31, 2023 | Three Months Ended December 31, 2022 | | :--- | :--- | :--- | | Real Estate Brokerage | $69.4 | $79.5 | | Mortgage | $1.8 | $1.3 | | Technology | $0.8 | $0.7 | | Corporate and other services (a) | $2.1 | $1.9 | | **Total revenue** | **$74.1** | **$83.4** | [Profitability](index=2&type=section&id=2.3%20Profitability) Q4 2023 GAAP net loss narrowed from ancillary revenue and cost savings, despite higher stock compensation and taxes, with Adjusted EBITDA loss improving GAAP Net Loss and Loss Per Share | Metric | Q4 2023 | Q4 2022 | Change | | :--- | :--- | :--- | :--- | | GAAP Net Loss | $8.4 million | $9.9 million | Decrease of $1.5 million | | Loss Per Share | $0.50 | $0.63 | Decrease of $0.13 | | Reasons for Loss Reduction | Increased ancillary revenue, cost savings | - | - | | Offsetting Factors | Increased stock-based compensation, interest and income tax expenses | - | - | General and Administrative Expenses | Metric | Q4 2023 (million USD) | Q4 2022 (million USD) | Change (YoY) | | :--- | :--- | :--- | :--- | | General and Administrative Expenses | $10.1 | $10.8 | -6.3% | Adjusted EBITDA Loss | Metric | Q4 2023 (million USD) | Q4 2022 (million USD) | Change | | :--- | :--- | :--- | :--- | | Adjusted EBITDA Loss | $2.9 | $5.9 | Improvement of $3.0 million | [Non-GAAP Adjusted EBITDA Definition](index=2&type=section&id=2.4%20Non-GAAP%20Adjusted%20EBITDA%20Definition) This section defines Adjusted EBITDA as a non-GAAP financial measure, offering additional insight into the company's cash flow and core operational performance - Adjusted EBITDA is a non-GAAP financial measure used to monitor the company's cash flow performance, providing additional information on core operating results[9](index=9&type=chunk) [Full Year 2023 Financial Performance](index=2&type=section&id=3.0%20Full%20Year%202023%20Financial%20Performance) [Operational Metrics](index=2&type=section&id=3.1%20Operational%20Metrics) Fathom's agent network grew throughout 2023, with transaction volume declining less than the industry, demonstrating resilience in a challenging market Agent Network Growth | Metric | December 31, 2023 | December 31, 2022 | Growth Rate (YoY) | | :--- | :--- | :--- | :--- | | Number of Agents | ~11,795 | ~10,370 | 13.7% | Real Estate Transaction Volume | Metric | Full Year 2023 | Full Year 2022 | Change (YoY) | | :--- | :--- | :--- | :--- | | Fathom Transactions | ~38,139 | - | -14

CARY, N.C., March 12, 2024 /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, insurance, and SaaS offerings for brokerages and agents, today announced that its subsidiary, Verus Title Inc ("Verus") has established a strategic joint venture with individual teams and top producing agents of Fathom Realty throughout Texas that is expected to increase Verus's ...

CARY, N.C., March 5, 2024 /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, insurance, and SaaS offerings for brokerages and agents, will participate in the 36th Annual Roth Conference being held at The Ritz Carlton, Laguna Niguel in Dana Point, CA. Fathom Chief Executive Officer Marco Fregenal will hold one-on-one meetings with institutional investors at ...

CARY, N.C., March 4, 2024 /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, insurance, and SaaS offerings for brokerages and agents, will hold a conference call on Thursday, March 14, 2024 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2023. Financial results will ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q FATHOM HOLDINGS INC. (Exact name of Registrant as specified in its Charter) North Carolina 82-1518164 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 2000 Regency Parkway Drive, Suite 300, Cary, North Carolina 27518 (Address of principal executive offices) (Zip Code) (888) 455-6040 x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended June 30, 2023 ☐ 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 (State or other j ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended March 31, 2023 ☐ 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 (State or other ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-39412 (888) 455-6040 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Exchange Act: | Title of Each Clas ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-39412 FATHOM HOLDINGS INC. (Exact name of Registrant as specified in its Charter) North Carolina 82-1518164 (State or other jurisdiction of incorporation ...