Welcome to our dedicated page for Fathom Holdings news (Ticker: FTHM), a resource for investors and traders seeking the latest updates and insights on Fathom Holdings stock.
Fathom Holdings Inc. (FTHM) operates a comprehensive real estate services platform combining brokerage, mortgage, and proprietary SaaS technology. This news hub provides investors and industry professionals with essential updates about the company's strategic developments and market position.
Access official press releases, financial disclosures, and operational updates in one centralized location. Track announcements related to technology innovations, strategic partnerships, and market expansion initiatives that shape Fathom's role in modern real estate services.
Our curated collection includes updates on earnings reports, leadership changes, and product enhancements to the intelliAgent platform. Stay informed about regulatory developments and industry trends impacting FTHM's integrated service model.
Bookmark this page for streamlined access to Fathom Holdings' latest communications. Combine these verified updates with broader industry analysis to maintain a complete perspective on this technology-driven real estate innovator.
Fathom Holdings (NASDAQ: FTHM) has launched 'Elevate', an innovative agent concierge program for Fathom Realty. The program offers comprehensive support services including marketing, lead generation, transaction management, coaching, and recruiting assistance for a 20% commission split.
The industry-first initiative aims to boost agent productivity and accelerate scalable revenue growth. Elevate provides agents with dedicated marketing support, lead generation systems, transaction management services, skills development coaching, and recruiting assistance. The program is designed to help agents increase their transaction volume while improving Fathom's gross profit and EBITDA per closing.
While competing brokerages charge 20-40% commission splits for basic services, Elevate offers extensive concierge-level support at a competitive 20% rate. The program represents Fathom's strategic move toward building a more efficient, profitable, and tech-enabled real estate platform, though the company is not currently providing specific guidance on Elevate's financial impact.
Fathom Holdings (Nasdaq: FTHM) has appointed Adam Rothstein to its Board of Directors, where he will serve on the Audit Committee, Nominating and Corporate Governance Committee, and newly formed Strategy Committee. Rothstein, 53, brings over 25 years of investment experience as a venture investor specializing in tech, media, entertainment, and medical technology.
As Co-Founder and General Partner of Disruptive Technology Partners and other investment vehicles, Rothstein currently holds board positions at several companies including Buzzfeed (NASDAQ: BZFD) and Reservoir Media (NASDAQ: RSVR). He is also the majority owner of Spanish Football Team CE Sabadell FC.
Rothstein holds a Bachelor of Science in Economics from the Wharton School and a Master of Philosophy in Finance from the University of Cambridge. His appointment aims to enhance Fathom's technology-driven real estate platform and advance long-term growth initiatives.
Fathom Holdings (NASDAQ: FTHM) reported Q4 and full year 2024 results, showing mixed performance. Q4 revenue increased 24% year-over-year to $91.7 million, with brokerage revenue up 26.3% to $87.7 million. The company's agent network grew 21% to 14,300 licenses.
Q4 gross profit rose 25% to $6.7 million, while core business gross profit excluding Dagley Insurance increased 59%. However, the company reported a Q4 net loss of $6.2 million ($0.29 per share), improved from an $8.4 million loss in Q4 2023.
For full year 2024, total revenue decreased 3% to $335 million, with a net loss of $21.6 million ($1.07 per share). Key developments included the acquisition of My Home Group adding 2,200 agents, implementation of new agent fees, and a $2.95 million settlement payment related to Burnett v. NAR. The company expects to reach EBITDA positive in Q2 2025, supported by cost reductions of over $2 million annually.
Fathom Holdings (Nasdaq: FTHM) has announced a $3.0 million registered direct offering of common stock. The offering includes 3,505,364 shares at $0.6847 per share to certain investors, and 832,639 shares at $0.7206 per share to Board members.
The offering is expected to close around March 14, 2025, led by new investors including Adam Rothstein and ReMY Capital Partners III LP, with participation from Board members Scott Flanders and Steve Murray. As part of the offering, Adam Rothstein will be appointed to the Board, subject to approval.
The company plans to use the net proceeds for general corporate and working capital purposes and funding strategic acquisitions of complementary businesses. The offering is made pursuant to a shelf registration statement filed with the SEC on December 29, 2023.
Fathom Holdings (Nasdaq: FTHM) announces an exclusive live investor webinar and Q&A session scheduled for March 13, 2025, at 4:15 p.m. ET. The event, hosted by RedChip Companies, will feature CEO Marco Fregenal.
The company operates as a national, technology-driven real estate services platform with over 14,300 agents across 43 states. Fathom's business model features a flat-fee commission structure and proprietary technology, including the intelliAgent platform. The company offers integrated services spanning residential brokerage, mortgage, title, and SaaS solutions.
The presentation will highlight Fathom's recent acquisition of My Home Group, expected to drive revenue growth in 2025. Investors can participate in the free webinar by registering online, with the opportunity to submit questions in advance or during the live event.
Fathom Holdings (Nasdaq: FTHM), a national technology-driven real estate services platform, has scheduled its Fourth Quarter and Full Year 2024 earnings conference call for Wednesday, March 12, 2025, at 5:00 p.m. ET (2:00 p.m. PT). The company will release its financial results via press release prior to the call.
The conference call details include:
- Toll-Free: 888-506-0062
- International: 973-528-0011
- Passcode: 518591 or 'Fathom Holdings'
A live audio webcast will be available in listen-only mode, with replay access through the investor relations section. A telephone replay will be accessible until March 26, 2025, using:
- Toll-Free: 877-481-4010
- International: 919-882-2331
- Replay Passcode: 52105
60 Degrees Pharmaceuticals (SXTP) and Fathom Holdings will be featured on the RedChip Small Stocks, Big Money show on Bloomberg TV, airing February 22, 2025, at 7 p.m. ET. The program reaches approximately 73 million U.S. homes.
In his interview, SXTP's CEO Geoffrey Dow discusses the company's focus on developing therapies for infectious diseases, including their FDA-approved antimalarial drug ARAKODA® (tafenoquine). The company plans to expand the drug's indications to treat other conditions like babesiosis.
Fathom Holdings' CEO Marco Fregenal highlights their innovative flat-fee commission model and proprietary intelliAgent platform, which integrates residential brokerage, mortgage, title, and SaaS offerings. The company's acquisition of My Home Group is expected to generate $110 million in 2025 revenue, with over 100 potential acquisition targets in pipeline.
Fathom Holdings (Nasdaq: FTHM) has announced a strategic partnership with Locafy (Nasdaq: LCFY) to enhance its real estate agents' visibility in local search results. The collaboration will provide Fathom's 14,500+ agents with advanced local marketing tools through Locafy's entity-based SEO technology.
The partnership aims to deliver first-page search prominence for targeted keywords and locations, initially focusing on select neighborhoods within multiple markets. The integration combines Locafy's SEO technology with Fathom's database of neighborhoods, transaction information, and agent profiles to create a comprehensive solution offering near real-time, localized information for property buyers and sellers.
The long-term goal is to implement a scalable solution that allows all Fathom agents to enhance their online visibility and help consumers connect with real estate professionals in their local communities.
Fathom Holdings (NASDAQ: FTHM) has announced two major updates: a new Bitcoin strategy and preliminary Q4 2024 results. The company will allocate up to 50% of its excess cash to Bitcoin, with plans to purchase up to $500,000 in Bitcoin or Bitcoin ETFs within two weeks. The company also aims to enable Bitcoin payments for agents and customers in the future.
The integration of recently acquired My Home Group is progressing as planned, expected to contribute over $110 million in revenue for 2025. Q4 2024 preliminary results show revenues between $89.7-91.7 million, up 21-24% year-over-year, with gross profit increasing 28-30%. The company reported an expected GAAP net loss of $7.3-7.4 million and adjusted EBITDA loss of $2.8-3.0 million. Agent count grew 23% to 14,500, while brokerage transactions increased 16.5% compared to Q4 2023.
Fathom Realty (Nasdaq: FTHM) has appointed Andrew Shock as Vice President of Operations. With over 20 years of experience in residential brokerage, Shock joins from his previous role as Director of Operations at eXp Realty. His appointment will allow DeJane Kerr, Senior Vice President of Compliance, to focus exclusively on brokerage compliance.
Shock brings extensive expertise in operational management, residential and commercial property transactions, corporate portfolio sales, and new home developments. He holds dual bachelor's degrees from the University of Toledo in Business Administration and Legal Studies. The appointment aligns with Fathom's strategy to enhance operational capabilities and drive growth in its technology-driven real estate services platform.
