Fathom Realty(US:FTHM) Prnewswireยท2025-11-11 21:05Core 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]