Overview
Fathom Q2 2025 revenue grows 36% yr/yr, beating analyst expectations
Company returns to adjusted EBITDA profitability in Q2 2025
Net loss increases due to absence of prior yr's insurance sale gain
Outlook
Fathom withholds Q3 2025 guidance, plans reassessment in Q4 2025
Company aims for sustained adjusted EBITDA profitability
Company expands agent network and ancillary services
Result Drivers
TRANSACTION GROWTH - 25% increase in real estate transactions primarily driven by addition of My Home Group
AGENT RECRUITMENT - 23% rise in agent count, supporting transaction growth and platform strength
ELEVATE PROGRAM - Successful onboarding of agents to Elevate program, enhancing productivity and engagement
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $121.42 mln | $117.30 mln (1 Analyst) |
Q2 Net Income |
| -$3.59 mln |
|
Q2 Pretax Profit | Miss | -$3.53 mln | -$2.23 mln (1 Analyst) |
Q2 Income from Operations |
| -$2.38 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the real estate services peer group is "buy"
Wall Street's median 12-month price target for Fathom Holdings Inc is $1.50, about 9.3% above its August 11 closing price of $1.36
Press Release: ID:nPn9yXJqMa