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Fathom Holdings Inc   (FTHM)
Other Ticker:  
 
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services
 
Price: $2.1600 $-0.30 -12.195%
Day's High: $2.28 Week Perf: -20 %
Day's Low: $ 2.02 30 Day Perf: -13.6 %
Volume (M): 228 52 Wk High: $ 8.20
Volume (M$): $ 493 52 Wk Avg: $4.60
Open: $2.28 52 Wk Low: $2.02



 Market Capitalization (Millions $) 35
 Shares Outstanding (Millions) 16
 Employees 832
 Revenues (TTM) (Millions $) 355
 Net Income (TTM) (Millions $) -25
 Cash Flow (TTM) (Millions $) -8
 Capital Exp. (TTM) (Millions $) 2

Fathom Holdings Inc
Fathom Holdings Inc. is a real estate brokerage company headquartered in Cary, North Carolina. The company operates through its subsidiaries Fathom Realty Holdings, LLC, Fathom Realty Florida, LLC, Fathom Realty Georgia, LLC, Fathom Realty Pennsylvania, LLC, and Fathom Realty Texas, LLC. It primarily focuses on providing scalable technology-driven, real estate brokerage services to residential real estate agents and brokerages.

Fathom Holdings' business model is based on a flat-fee commission structure, which empowers real estate agents to earn higher commission splits for their hard work. The company provides benefits such as paperless transactions, no desk fees, and access to various technology tools such as its agent productivity platform and CRM.

Moreover, the company offers various support programs such as educational materials, mentorship programs, and training sessions for real estate agents to increase their efficiency and productivity. Fathom Holdings aims to create a culture of collaboration and innovation with its agents and team members.

Fathom Holdings' revenue model is based on the commissions it receives from its agents' transactions as well as franchise royalties from its franchisees. The company has been expanding rapidly, with a presence in over 100 markets in the United States. It has also been increasing its agent count, as well as its franchise presence, over the years.

Fathom Holdings has placed a considerable emphasis on technology adoption and innovation, investing in AI-powered predictive analytics, machine learning algorithms, and chatbots. Its platform provides real-time insights and data analytics, enabling agents to better understand their clients' needs and preferences. Additionally, the company has developed tools for agent and client use, including the Fathom Vault and Virtual Reality Home Tours.

Overall, Fathom Holdings' differentiated flat-fee commission structure and technology-driven approach have been key factors fueling its growth in the highly competitive real estate brokerage market.


   Company Address: 2000 Regency Parkway Drive Cary 27518 NC
   Company Phone Number: 455-6040   Stock Exchange / Ticker: NASDAQ FTHM
   FTHM is expected to report next financial results on March 29, 2024.


   

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Fathom Holdings Inc

Headline: Fathom Holdings Inc Swings to Loss on Disappointing Sales in Q3 2023 Earnings2.

Fathom Holdings Inc, a real estate brokerage platform, recently released its financial results for the time-frame closing September 30, 2023. The company reported a loss of $0.34 per share, an improvement from a loss of $0.38 per share in the same period last year. Additionally, Fathom Holdings' deficit increased from $0.27 per share in the preceding reporting period.
Revenue for Fathom Holdings saw a significant decline of -15.944% to $93.52 million, compared to $111.26 million in the corresponding reporting period a year ago. Moreover, revenue decreased by -6.559% sequentially from $100.09 million.

Fathom Holdings Inc

Devastating Revenue Plunge at FTHM Sends Shockwaves Through Fathom Holdings Inc. in Latest Fiscal Period



Fathom Holdings Inc., a prominent real estate brokerage platform, recently released its financial results for the April to June 30, 2023 period. The results reveal a mixed bag of outcomes, with some positive changes and challenges. This article aims to interpret the financial results while contemplating their potential impact on the company's future prospects.
1. Decreased Loss per Share and Improved Income per Share:
In the April to June 30, 2023 timeframe, Fathom Holdings Inc. managed to reduce its loss per share from $-0.35 to $-0.27 when compared to the previous year. Concurrently, the income per share showed improvement from $-0.36 per share. These figures indicate that the company's efforts to optimize its operations and control costs have resulted in a commendable reduction in losses and an upward trend in income, potentially boosting investor confidence.

Fathom Holdings Inc

Fathom Holdings Inc Demonstrates Resilience in the Face of Declining Revenue, Achieving Remarkable Financial Results in Q1 2023

Fathom Holdings Inc has managed to turn its financial fortunes around, as demonstrated by its impressive results for the fiscal period closing March 31 2023. Despite vanishing revenue, the company was able to slice its losses and reduce its loss per share to just $-0.36, compared to $-0.37 in the previous year. This represents a significant improvement and highlights the company's strong performance and commitment to continued growth.
Although revenue decreased by -13.922% to $77.54 million, compared to $90.08 million the year before, this did not hinder the company's overall performance. Instead, Fathom Holdings Inc maintained a strong focus on efficiency and cost management, which helped to mitigate the impact of declining revenue.






 

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