Workflow
Fathom Realty(FTHM)
icon
Search documents
Fathom Holdings Reports Third Quarter 2025 Results
Prnewswire· 2025-11-11 21:05
Core Insights - Fathom Holdings Inc. reported a 38% year-over-year revenue growth for Q3 2025, driven by a 23% increase in transaction volume and a 24% rise in agent count [1][2][11] - The company achieved adjusted EBITDA profitability for the second consecutive quarter, indicating improved operational efficiency [1][9] Financial Performance - Total revenue for Q3 2025 reached $115.3 million, up from $83.7 million in Q3 2024, marking a 37.7% increase [7][11] - Real estate brokerage revenue increased by 39% to $109.2 million, while mortgage revenue rose by 20.7% to $3.5 million [11] - The net loss for Q3 2025 was $4.4 million, or $0.15 per share, an improvement from a net loss of $8.1 million, or $0.40 per share, in Q3 2024 [8][11] Operational Highlights - Real estate transactions increased approximately 23% year-over-year to 11,479 in Q3 2025, primarily due to the addition of My Home Group [6][10] - The agent network grew by 24.1% to approximately 15,371 licenses as of September 30, 2025 [11] - Fathom's ancillary businesses, particularly title services, saw a 29% year-over-year growth in revenue [3] Strategic Initiatives - The company expanded its title services into Arizona and Alabama and acquired START Real Estate to enhance its first-time homebuyer program [4][11] - Fathom's Elevate program onboarded 70 agents, aimed at increasing productivity and retention [11] - The company plans to operate in a total of fifteen states within the next year, leveraging its proprietary technology [4][5] Future Outlook - Management remains focused on driving agent success and increasing revenue streams through strategic partnerships and program expansions [5] - The company has withheld guidance for Q4 2025 but plans to reassess in Q1 2026 [17]
Fathom Holdings Inc. Announces Strategic Partnership with ByOwner to Tap into the Massive FSBO Opportunity
Prnewswire· 2025-11-07 13:30
Core Insights - Fathom Holdings Inc. has announced a strategic partnership with ByOwner, a leading for-sale-by-owner (FSBO) marketplace, aimed at converting FSBO listings into full-service listings with Fathom agents [1][2][3] Group 1: Partnership Details - The partnership will allow ByOwner to refer FSBO sellers and buyers to Fathom's network of agents when they seek professional assistance, creating a significant opportunity as approximately 6% of U.S. home sales are FSBO, with over 20% converting to full-service representation [2] - Fathom agents will benefit from access to motivated sellers and buyers, while Fathom Realty will earn a larger percentage split for each converted transaction [2] Group 2: Company Statements - Marco Fregenal, CEO of Fathom Holdings, expressed excitement about the partnership, highlighting that FSBO sellers needing support now have a direct path to Fathom's full-service platform, which will enhance growth and strengthen Fathom's market position [3] - Colby Sambrotto, CEO of ByOwner.com, emphasized the mission to empower sellers and noted that the partnership adds a high-quality agent option for those seeking full-service support [3] Group 3: Company Background - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings through its proprietary cloud-based software, intelliAgent [5] - ByOwner.com connects property owners directly with buyers and renters, providing tools and resources for FSBO and for-rent transactions, aiming to maximize returns while allowing owners to maintain control [4]
Fathom Holdings Launches Real Results Lead Program
Prnewswire· 2025-11-06 13:30
Core Insights - Fathom Holdings Inc. has launched the Real Results lead program aimed at shortening sales cycles and providing agents with qualified leads [1][2] - The Real Results program has shown success in supporting the Elevate program, leading to increased mortgage and title attach rates [2][3] - The initiative will expand to manage leads within Fathom's START program, enhancing cross-division growth opportunities [2] Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings [4] - The company operates with nearly 15,000 agents across 43 states and Washington, D.C., focusing on innovative programs and technologies to drive agent success [3][4] - Fathom's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title [4] Leadership Statements - Jamey Smith, President of Real Results, emphasized the program's mission to connect sales organizations with qualified prospects using advanced communication technologies and conversational AI [3] - Marco Fregenal, CEO of Fathom Holdings, noted the growing demand for effective lead generation solutions and the program's role in empowering agents to close transactions faster [3]
Fathom Holdings Begins Expansion of START Real Estate
Prnewswire· 2025-11-05 13:30
Core Insights - Fathom Holdings Inc. is expanding its subsidiary, START Real Estate, into Utah, Arizona, and Nevada as part of its nationwide growth strategy [1][2] - The expansion aims to serve the first-time homebuyer segment, which is one of the largest and fastest-growing demographics in the U.S. housing market [1][2] - START Real Estate has a proven mortgage attach rate of over 70%, and similar results are expected as the program expands [2] Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings through its proprietary cloud-based software, intelliAgent [3] - The company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title [3] Expansion Strategy - The initial focus of the expansion will be on three states, with plans to reach over 15 states within the next year [2] - The expansion is expected to broaden access to homeownership and unlock new growth opportunities across Fathom's mortgage, title, and technology businesses [2]
Fathom Announces 2025 Soil Geochemistry Results
Newsfile· 2025-11-03 12:50
Core Insights - Fathom Nickel Inc. has announced preliminary results from its 2025 soil geochemistry program at the Gochager Lake project, revealing a favorable geochemical footprint that now exceeds 8.6 kilometers in strike length [1][2] Summary by Sections Soil Geochemistry Results - The 2025 soil geochemistry program collected a total of 2,998 B-horizon soil samples, including 86 field duplicate samples [5] - Nickel (Ni) in-soil anomalies define a northeast-southwest linear feature measuring over 8.6 kilometers [5] - A newly discovered robust Ni in-soil anomaly measures 1,500 meters by 400 meters, located approximately 2.7 kilometers southwest of the Gochager Lake deposit [5] Geological Interpretation - The 8.6+ km geological/geochemical footprint is interpreted as a structural corridor suitable for multiple magmatic intrusions and associated Ni-Cu-Co mineralization [5] - Mineralized variable-texture gabbro has been mapped over a strike of 3.5+ kilometers, coinciding with the 8.6+ km linear Ni in-soil geochemical footprint [5] Historical Context and Exploration Goals - The exploration goal at the Gochager Lake project is to demonstrate potential scale and confirm the belief that the historic Gochager Lake deposit is part of a larger mineralized trend [2] - The company has drilled 16 drill holes (5,549 meters) into the historic Gochager Lake deposit, confirming Ni-Cu grades comparable to historical grades [17] Future Outlook - Further results will be released upon completion of ongoing interpretative work, validating the potential scale of the Gochager Lake project [2]
Fathom Holdings Acquires START Real Estate to Scale First-Time Homebuyer Program Nationally
Yahoo Finance· 2025-10-24 12:07
Core Insights - Fathom Holdings Inc. has announced the acquisition of START Real Estate, targeting the first-time homebuyer market, which is a significant and growing segment in the US housing industry [1][4]. Group 1: Acquisition Details - START Real Estate specializes in assisting first-time homebuyers and has a successful operational model [2]. - The brokerage is based in Colorado and has recently expanded into Utah, employing 70 agents projected to close approximately 400 transactions this year, with a mortgage attach rate exceeding 70% [2]. Group 2: Strategic Goals - Fathom aims to leverage its national presence, which includes approximately 15,000 agents across 43 states and Washington D.C., to expand START's first-time buyer program into new markets [4]. - The acquisition is expected to enhance Fathom's transaction volume and agent count while increasing higher-margin recurring revenue from ancillary services [4]. Group 3: Company Overview - Fathom Holdings Inc. operates a comprehensive real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the US [5]. - The company functions through three main segments: Real Estate Brokerage, Mortgage, and Technology [5].
Great American Media and Fathom Entertainment Present Another Sweet Christmas, Starring Candace Cameron Bure and Cameron Mathison with an Exclusive Premiere In Theatres Nationwide November 30 - December 2
Prnewswire· 2025-10-23 13:28
Core Points - Great American Media, in partnership with Fathom Entertainment, announces the theatrical release of "Another Sweet Christmas," featuring Candace Cameron Bure and Cameron Mathison, premiering on November 30 for a limited engagement [1][2][5] - The film continues the love story of Sophie and Sam, which began in the highly-rated film "Home Sweet Christmas" [1][6] - The theatrical event will include exclusive surprises such as a recorded greeting from the stars, behind-the-scenes content, and a Q&A session [4][5] Company Overview - Great American Media is a leader in faith and family entertainment, offering a portfolio that includes original Christmas movies and family-friendly content [9] - Fathom Entertainment specializes in theatrical distribution of events and has been a top distributor in North America for over 20 years [10] - CandyRock Entertainment, co-founded by Candace Cameron Bure, focuses on family-friendly television and film projects [11]
Fathom Announces Extension of the Historic Gochager Lake Deposit Host Rock over a 3.5+ km Strike Length
Newsfile· 2025-10-23 12:02
Core Insights - Fathom Nickel Inc. has announced an extension of the Gochager Lake deposit host rock, now mapped over a strike length of 3.5 kilometers, indicating significant potential for further discoveries of nickel-copper-cobalt mineralization [1][2][4] Exploration Results - The summer-fall geochemistry program has yielded positive results, with surface outcrops showing disseminated sulphide mineralization along a northeast linear trend [3][4] - A total of 684 outcrop chip samples were collected and analyzed on-site using portable X-ray fluorescence (pXRF), and 79 rock grab samples have been submitted for multi-element assay [4] Geological Significance - The Gochager Lake deposit is characterized by a steeply oriented mineralized variable-textured gabbro, with a thickness of up to 100 meters, containing significant mineralization including pyrrhotite, pentlandite, and chalcopyrite [8] - The mineralization is recognized along a 3.5 km strike length northeast of the historic deposit, with potential for further expansion [8][19] Future Exploration Plans - The company is compiling results from the summer soil geochemistry program and will release findings once complete, indicating ongoing exploration efforts [2][7] - The presence of untested borehole electromagnetic (BHEM) anomalies suggests additional exploration opportunities within the expanded container rock [6][8]
Fathom Announces Completion of Final Requirements Under Gochager Lake Earn-in Agreement
Newsfile· 2025-10-07 11:50
Core Viewpoint - Fathom Nickel Inc. has successfully completed all requirements under the Gochager Lake Earn-In Agreement, securing a 100% interest in the Gochager Lake Property, subject to a 2% net smelter return royalty [1][4]. Group 1: Agreement Completion - The final cash payment and share issuance have been completed, allowing the company to hold a full interest in the property [1]. - The vendor requested changes to the agreement, resulting in a decrease of cash payments by $12,500 to a total of $79,500 and an increase in share issuance by 290,000 to a total of 1,210,000 shares [3]. - The earn-in period was accelerated from four years to three years due to the company's exploration success [3]. Group 2: Exploration Achievements - Since entering the agreement in September 2022, the company has expanded the Gochager Lake property from 4,696 hectares to over 34,000 hectares [2]. - A geological model has been developed that supports comparisons to world-class magmatic nickel sulphide projects [2]. - The original Gochager Lake deposit has been expanded into a mineralized corridor extending over 1.4 km, which remains open along strike in both directions [2]. Group 3: Future Plans and Potential - The company has identified numerous high-priority drill targets as part of its goal to establish a district-scale nickel camp in north-central Saskatchewan [2]. - The Gochager Lake deposit is treated as an Exploration Target, with potential estimates of 4-5 million tons grading 0.3%-0.4% Ni and 0.08%-0.09% Cu, including a higher-grade core of 1.5-2 million tons grading 0.6%-0.7% NiEq [14].
Fathom Holdings' Verus Title Expands into Arizona and Alabama
Prnewswire· 2025-10-06 12:30
Core Insights - Fathom Holdings Inc. has expanded its subsidiary Verus Title's operations into Arizona and Alabama, enhancing its national growth strategy and service reach [1][2] - Verus Title now operates in 34 states and the District of Columbia, reinforcing its position as a trusted partner in real estate settlements and title services [1][2] Company Expansion - The entry into Arizona and Alabama is seen as a significant milestone for Verus Title, allowing the company to provide title and settlement expertise to a broader client base [2] - This expansion aligns with Fathom's commitment to delivering a consistent, end-to-end process for clients across the nation [2] Service Innovation - Verus Title is recognized for its personalized customer service, leveraging technology to enhance the efficiency and transparency of the title and settlement process [2][3] - The company aims to make the title and settlement experience seamless for clients nationwide through its innovative approach [2][3] Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates various services, including residential brokerage, mortgage, title, and SaaS offerings [4] - The company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title, showcasing its diverse service portfolio [4]