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. (Nasdaq: FTHM) is described as a national, technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents. The FTHM news feed on Stock Titan brings together company press releases, operational updates, partnership announcements, capital markets activity, and other disclosures that Fathom has made public.
Recent company communications have highlighted several themes. Fathom has reported revenue and transaction growth across its real estate brokerage segment, along with contributions from mortgage, title, and technology. The company has discussed initiatives such as its Elevate program, Real Results lead platform, and the integration of ancillary services to support agents and clients on its intelliAgent-powered platform.
News items have also described strategic partnerships and acquisitions. Fathom has announced a partnership with Move Concierge to extend concierge moving services to its agents and clients, and a collaboration with ByOwner aimed at converting for-sale-by-owner listings into full-service transactions with Fathom agents. The company has also reported the acquisition and expansion of START Real Estate, which focuses on first-time homebuyers, and the geographic growth of Verus Title into additional U.S. states.
In addition, Fathom has issued press releases about capital raising through an underwritten public offering of common stock and has provided regular earnings updates, including segment revenue details and non-GAAP metrics such as Adjusted EBITDA. Investors and observers can use this news page to review how Fathom communicates its strategy, growth initiatives, financial performance framework, and corporate actions over time.
Fathom Holdings Inc. (Nasdaq: FTHM) has successfully completed the acquisition of LiveBy, a hyperlocal data and technology platform, for approximately $9.0 million, comprising $3.0 million in cash and $6.0 million in stock. The integration of LiveBy's technology into Fathom's intelliAgent software is expected to enhance consumer engagement and assist agents with local data insights. This acquisition aligns with Fathom's goal of expanding its technology-driven real estate services and aims to strengthen the competitive advantage for agents across North America.
Fathom Holdings Inc. (NASDAQ: FTHM) has successfully completed the acquisition of E4:9 Holdings, Inc. for approximately $28.88 million, comprising $9.82 million in cash and $19.05 million in stock. E4:9's subsidiaries generated $12.8 million in unaudited revenue for 2020, with 15% being recurring. The acquisition aims to enhance Fathom's vertically integrated real estate services and expand its presence across the U.S. E4:9 adds significant workforce and revenue potential, with plans for rapid growth in loan officers and insurance agents.
Fathom Holdings Inc. (Nasdaq: FTHM) has signed a definitive agreement for the acquisition of E4:9 Holdings, Inc. for approximately $26.75 million. This deal includes $10 million in cash and $16.75 million in common stock. Expected to close in Q2, the transaction aims to enhance Fathom’s revenue streams and profitability by integrating E4:9's subsidiaries: Encompass Lending Group, Dagley Insurance Agency, and Real Results into its operations. The acquisition is positioned to improve revenue per transaction, attract new agents, and better serve clients.
Fathom Holdings Inc. (Nasdaq: FTHM) announced the acquisition of LiveBy, Inc., a hyperlocal data and technology platform, for approximately $9 million—$3 million in cash and $6 million in stock. This acquisition will enhance Fathom's proprietary technology platform, intelliAgent, and is expected to attract more REALTORS®, help agents close more sales, and build a national real estate portal. LiveBy supports local data in all 50 U.S. states and beyond, providing significant market insights.
Fathom Holdings Inc. (Nasdaq: FTHM) reported strong financial results for Q4 and full year 2020. Q4 revenue surged 61% to $53.4 million, with transactions up 50% year-over-year. The agent network expanded by 37%, reaching 5,471 agents. Net loss for Q4 narrowed to $1.3 million, and adjusted EBITDA loss decreased to $850,000. Full-year revenue climbed 59% to $176.8 million, with a reduced net loss of $1.3 million. The company completed its IPO in August 2020, raising $31.1 million. Recent acquisitions include Verus Title Inc. and Red Barn Real Estate.
Fathom Holdings Inc. (Nasdaq: FTHM) will participate in the 33rd Annual Roth Conference on March 17, 2021, at 11:00 am ET. CEO Joshua Harley and CFO Marco Fregenal will host a presentation, which will be live-streamed on the company's website, where it will also be archived. The management team plans to hold one-on-one meetings with investors during the event. As a national, cloud-based real estate brokerage, Fathom offers real estate professionals 100% commission and a flat-fee structure, supported by advanced technology and operational efficiencies.
Fathom Holdings Inc. (Nasdaq: FTHM) is set to announce its 2020 fourth quarter and full-year financial results after market close on March 23, 2021. The company operates a national, cloud-based residential real estate brokerage through its subsidiary, Fathom Realty. An investor conference call will be held on the same day at 5:00 p.m. ET. Key financial outcomes and metrics will be discussed, providing insights into the company’s performance and future outlook.
Fathom Holdings Inc. (NASDAQ: FTHM), a technology-driven real estate brokerage, announced its acquisition of Red Barn Real Estate, a firm based in Woodstock, Georgia, with approximately 230 agents serving the Atlanta metro area. This strategic acquisition aims to enhance Fathom's presence in a growing market characterized by rising home sales and median prices. CEO Joshua Harley emphasized the significance of integrating Red Barn's agents into Fathom's platform, which offers proprietary software for competitive advantage. Financial terms of the acquisition were not disclosed.
Fathom Holdings Inc. (Nasdaq: FTHM) has appointed Ravila Gupta to its board of directors, expanding the board to eight members, five of whom are independent. Gupta brings extensive experience in executive management, having previously served as President and CEO of Bagchi Group, Inc. and the Council for Entrepreneurial Development. Fathom's Chairman and CEO, Joshua Harley, highlighted Gupta's skills in strategic planning and business development. Fathom Holdings operates through its subsidiary, Fathom Realty, providing a technology-driven, cloud-based platform for real estate professionals.
Fathom Holdings Inc. (Nasdaq: FTHM), a tech-driven residential real estate brokerage, has successfully acquired Naberly Solutions through its subsidiary intelliAgent. This acquisition is aimed at enhancing Fathom's technology independence, operational efficiency, and agent support. CEO Joshua Harley emphasized that Naberly will contribute to a robust technology offering, which is crucial for agent growth. The company also plans to introduce an enhanced platform version to create a national real estate portal, expanding lead generation opportunities for both Fathom and non-Fathom agents.