secwatch.observer — SEC 8-K summary
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Issuer:     Fathom Holdings Inc. (FTHM)
CIK:        0001753162
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001104659-23-089309
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1753162/000110465923089309/0001104659-23-089309-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1753162/000110465923089309/tm2323223d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-089309

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