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Fathom Provides Business Update and Introduces Bitcoin (BTC) Payments and Treasury Strategy, Redefining Real Estate Innovation
Prnewswire· 2025-01-23 13:30
Core Insights - Fathom Holdings, Inc. is advancing its integration of My Home Group, which is expected to contribute over $110 million in revenue for 2025 [1][9] - The company has approved the inclusion of Bitcoin as a key asset in its treasury management program, aligning with its strategy to enable Bitcoin payments for agents and customers [1][3] - Fathom plans to allocate up to 50% of its excess cash towards Bitcoin purchases, with an initial plan to buy up to $500,000 in Bitcoin or Bitcoin ETFs in the next two weeks [2][4] Financial Performance - For Q4 2024, Fathom estimates revenues between $89.7 million and $91.7 million, reflecting a 7% to 10% increase from Q3 2024 and a 21% to 24% increase from Q4 2023 [10] - Total gross profit for Q4 2024 is expected to rise by 28% to 30% compared to the same period last year [11] - The company anticipates a GAAP net loss of between $7.3 million and $7.4 million for Q4 2024, an improvement from a net loss of $8.4 million in Q4 2023 [11] Operational Highlights - The agent count increased by 23% to approximately 14,500 as of December 31, 2024, compared to approximately 11,700 agents a year earlier [13] - Brokerage transaction count for Q4 2024 rose by approximately 16.5% compared to Q4 2023 [13] - The integration of My Home Group is progressing as planned, enhancing Fathom's national footprint and agent network [9]
Fathom Nickel reflects on 2024 exploration wins at Gochager Lake and Albert Lake projects
Proactiveinvestors NA· 2025-01-21 15:10
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
ROBERT CRAIG FILMS UNVEILS OFFICIAL TRAILER AND KEY ART FOR DEBUT FEATURE FILM 'NO ADDRESS' FROM FATHOM ENTERTAINMENT IN THEATRES FEBRUARY 28
Prnewswire· 2025-01-21 14:00
Groundbreaking Film Commits 50% of Net Profits to Combat Homelessness in Local Communities NationwideA Powerful Exploration of Homelessness and Humanity Featuring an All-Star CastFathom Entertainment Now Offering Tickets On Sale SACRAMENTO, Calif., Jan. 21, 2025 /PRNewswire/ -- Robert Craig Films unveiled the official trailer and key art today for its upcoming debut feature film, NO ADDRESS, in theatres nationwide and presented by Fathom Entertainment beginning February 28. NO ADDRESS shares the personal jo ...
Fathom Provides 2024 Year in Review and Outlook for 2025
Newsfile· 2025-01-21 12:40
Fathom Provides 2024 Year in Review and Outlook for 2025January 21, 2025 7:40 AM EST | Source: Fathom Nickel Inc.Calgary, Alberta--(Newsfile Corp. - January 21, 2025) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to provide management's review of the Company's activities from 2024 and a preliminary outlook for 2025. Amid a challenging junior capital markets and commodity price landscape, Fathom has made several significant advances in 2024 at ...
Fathom Nickel closes first tranche of offering
Proactiveinvestors NA· 2024-12-24 14:09
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Fathom Nickel Announces the Closing of the First Tranche of Private Placement
Newsfile· 2024-12-24 12:45
Fathom Nickel Announces the Closing of the First Tranche of Private PlacementDecember 24, 2024 7:45 AM EST | Source: Fathom Nickel Inc.Calgary, Alberta--(Newsfile Corp. - December 24, 2024) - Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") is pleased to announce that it has closed the first tranche of its non-brokered offering of flow-through units and non flow-though units (the "Offering"), previously announced on November 15, 2024. Pursuant to the Offering ...
Fathom Holdings Expands Verus Title Elite into Amarillo, Texas
Prnewswire· 2024-12-04 21:05
CARY, N.C., Dec. 4, 2024 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) (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 announced the expansion of its joint venture, Verus Title Elite, into Amarillo, Texas.With this expansion, Verus Title Elite now operates in four Texas markets, including Plano, Flower Mound, and Waxahachie, emphasi ...
Fathom Nickel Clarifies Amendments to Non-Brokered Unit Offering
Newsfile· 2024-11-15 20:41
Calgary, Alberta--(Newsfile Corp. - November 15, 2024) - Further to its press release of November 12, 2024, Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) (the "Company" or "Fathom") would like to provide clarification with respect to its proposed private placement of flow-through units ("FT Units") and hard dollar units ("HD Units").The Company is issuing up to 7,500,000 FT Units at a price of $0.04 per FT Unit for gross proceeds of $300,000 and up to 21,500,000 HD Units at a price of $0.035 per ...
Fathom Holdings Strengthens Leadership with Key Appointments to Drive Growth and Operational Excellence
Prnewswire· 2024-11-13 13:30
CARY, N.C., Nov. 13, 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, and SaaS offerings for brokerages and agents, has announced strategic leadership appointments. Jon Gwin, previously Chief Operating Officer, has been named to the newly created position of Chief Revenue Officer. Additionally, Samantha Giuggio, formerly Chief Operations Officer of ...
Fathom Nickel amends previously announced financing
Proactiveinvestors NA· 2024-11-12 14:39
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...