secwatch.observer — SEC 8-K summary
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Issuer:     Fathom Holdings Inc. (FTHM)
CIK:        0001753162
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001104659-22-115420
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1753162/000110465922115420/0001104659-22-115420-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1753162/000110465922115420/tm2229923d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-115420

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer