earnings
confidence high
sentiment negative
materiality 0.75
Fathom Q4/FY22 prelim: revenue $411-413M (+24-25%), net loss $27.6-28.6M
Fathom Holdings Inc.
- FY22 revenue expected $411M-$413M, up 24-25% YoY from $330.2M.
- GAAP net loss for FY22 $27.6M-$28.6M vs loss of $12.5M in 2021.
- Real estate transactions ~44,700 (+14% YoY); agent network 10,370 (+28% YoY).
- Q4 revenue $82M-$84M vs $95.5M in Q4 2021; Q4 net loss $9.9M-$10.9M.
- Management targets Adj. EBITDA breakeven in Q2 2023; achieved $3M/quarter cost savings.