Fathom Q2 revenue $100.1M, net loss narrows to $4.3M; first positive Adj EBITDA $458K

Fathom Holdings Inc.

2023-Q2 EPS reported -$0.63 revenue$177,630,000

Revenue $100.1M (-22% YoY), GAAP net loss $4.3M vs $5.7M a year ago.
Adjusted EBITDA positive $458K, improvement from ($2.0M) in Q2 2022.
Agent licenses up 14.3% to 10,930; transactions down 16.7% vs market decline 18.6%.
Q3 guidance: revenue $93-95M, Adj EBITDA $200-350K; reiterates long-term target of $40M+ Adj EBITDA.
Cash burn reduced to <$1M in Q2 from >$5M in Q4 2022; appointed Steve Murray to board.

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 0.99

Fathom Holdings Inc. reported second quarter ended June 30, 2023 results: revenue $100.1 million, net income GAAP net loss of $4.3 million.

Period: second quarter ended June 30, 2023
Revenue: $100.1 million
Net income: GAAP net loss of $4.3 million
Result: reported results

Exact text from the filing

for brokerages and agents, today reported financial results for the second quarter ended June 30, 2023. Q2 2023 and Recent Fathom Highlights · Achieved total revenue of $100.1 million and GAAP net loss of $4.3 million during the second quarter. · Achieved Adjusted EBITDA of $458,000 during the second quarter. · Grew real estate agent network 14.3% to

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Earnings Releases SEC 8-K Item 2.02 confidence 0.98

Fathom Holdings Inc. reported third quarter of 2023 results: revenue $93 million – $95 million. Guidance initiated.

Period: third quarter of 2023
Revenue: $93 million – $95 million
Guidance: initiated
Result: guidance update

Exact text from the filing

For the third quarter of 2023, Fathom expects total revenue in the range of $93 million – $95 million, and Adjusted EBITDA in the range of $200K – $350K.

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

Fathom Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-089309

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