Fathom Q3 revenue up 10.2% to $111.3M, net loss widens to $0.38/share; targets breakeven in H1 2023

Fathom Holdings Inc.

2022-Q3 EPS reported -$1.10 revenue$329,526,000

GAAP net loss $6.0M ($0.38/share) vs $3.4M ($0.24) YoY; Adjusted EBITDA loss $2.3M vs $1.8M.
Agent network grew 33% to 9,991; transactions up ~5% to 12,077.
Q4 2022 guidance: revenue $85M-95M, Adj. EBITDA loss $2.4M-2.2M.
Increased agent transaction fees to $550 (first 15) from $500 (first 12), effective Jan 2023; launched Free4Life referral program.
Targeting $1.5M/quarter cost cuts by Q1 2023; aiming for Adj. EBITDA breakeven in H1 2023 and cash flow breakeven in Q3 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Fathom Holdings Inc. reported the quarter ended September 30, 2022 results: revenue $111.3 million, net income $6.0 million, EPS $0.38 per share. Guidance reaffirmed.

Period: the quarter ended September 30, 2022
Revenue: $111.3 million
Net income: $6.0 million
EPS: $0.38 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Total revenue grew 10.2% for the third quarter of 2022 to $111.3 million, up from $100.9 million for last year’s third quarter.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Fathom Holdings Inc. reported the first nine months ended September 30, 2022 results: revenue $329.5 million, net income $17.7 million, EPS $1.10 per share. Guidance reaffirmed.

Period: the first nine months ended September 30, 2022
Revenue: $329.5 million
Net income: $17.7 million
EPS: $1.10 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Total revenue grew 40.4% for the first nine months of 2022 to $329.5 million, compared with $234.8 million for the first nine months of 2021.

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Fathom Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-115420

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.