Fathom Holdings Inc. - Understand $fthm stock

$FTHM Market Cap: $44.34 Million

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Financial Snapshot

Revenue

$317.5M

TTM

Gross Margin

9.03%

TTM

Net Earnings

-$23.78M

TTM

Current Assets

$35.01M

Q3 2024

Current Liabilities

$22.65M

Q3 2024

Current Ratio

154.55%

Q3 2024

Total Assets

$80.93M

Q3 2024

Total Liabilities

$33.82M

Q3 2024

Book Value

$47.11M

Q3 2024

Cash

$13.10M

Q3 2024

P/E

-1.864

Nov 29, 2024 EST

Free Cash Flow

-$10.88M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$345.2M	$413.0M	$330.2M	$176.8M	$111.2M	$77.30M	$55.40M
YoY Change	-16.4%	25.05%	86.8%	58.98%	43.86%	39.53%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$345.2M	$413.0M	$330.2M	$176.8M	$111.2M	$77.30M	$55.40M
Cost Of Revenue	$315.6M	$380.5M	$306.0M	$166.4M	$105.3M	$73.40M	$51.90M
Gross Profit	$29.62M	$32.47M	$24.25M	$10.40M	$5.900M	$3.900M	$3.500M
Gross Profit Margin	8.58%	7.86%	7.34%	5.88%	5.31%	5.05%	6.32%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$42.10M	$48.44M	$34.63M	$11.29M	$9.900M	$5.400M	$3.800M
YoY Change	-13.08%	39.87%	206.82%	14.0%	83.33%	42.11%
% of Gross Profit	142.14%	149.17%	142.79%	108.52%	167.8%	138.46%	108.57%
Research & Development	$7.609M	$7.715M	$3.911M	$372.0K
YoY Change	-1.37%	97.26%	951.34%
% of Gross Profit	25.69%	23.76%	16.13%	3.58%
Depreciation & Amortization	$5.947M	$5.346M	$2.748M	$165.0K	$60.00K	$20.00K	$20.00K
YoY Change	11.24%	94.54%	1565.45%	175.0%	200.0%	0.0%
% of Gross Profit	20.08%	16.46%	11.33%	1.59%	1.02%	0.51%	0.57%
Operating Expenses	$52.87M	$59.25M	$346.3M	$178.1M	$9.900M	$5.400M	$3.800M
YoY Change	-10.76%	-82.89%	94.51%	1698.58%	83.33%	42.11%
Operating Profit	-$23.25M	-$26.78M	-$16.11M	-$1.275M	-$4.000M	-$1.500M	-$300.0K
YoY Change	-13.16%	66.27%	1163.14%	-68.13%	166.67%	400.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	-$245.0K	$11.00K	$7.000K	$84.00K	-$100.0K	-$100.0K	-$100.0K
YoY Change	-2327.27%	57.14%	-91.67%	-184.0%	0.0%	0.0%
% of Operating Profit
Other Income/Expense, Net	-$335.0K	-$914.0K	$367.0K	-$74.00K		$0.00	$0.00
YoY Change	-63.35%	-349.05%	-595.95%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	-$23.83M	-$27.68M	-$15.74M	-$1.349M	-$4.100M	-$1.600M	-$400.0K
YoY Change	-13.9%	75.88%	1066.64%	-67.1%	156.25%	300.0%
Income Tax	$148.0K	-$54.00K	-$3.247M	-$8.000K	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$23.98M	-$27.63M	-$12.49M	-$1.341M	-$4.100M	-$1.700M	-$400.0K
YoY Change	-13.19%	121.17%	831.47%	-67.29%	141.18%	325.0%
Net Earnings / Revenue	-6.95%	-6.69%	-3.78%	-0.76%	-3.69%	-2.2%	-0.72%
Basic Earnings Per Share	-$1.47	-$1.73	-$0.88	-$0.12
Diluted Earnings Per Share	-$1.47	-$1.73	-$0.88	-$0.12	-$418.4K	-$124.1K	-$29.20K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$7.399M	$8.320M	$37.83M	$28.58M	$580.0K	$1.010M	$150.0K
YoY Change	-11.07%	-78.01%	32.37%	4827.59%	-42.57%	573.33%
Cash & Equivalents	$7.399M	$8.320M	$37.83M	$28.58M	$580.0K	$1.010M	$150.0K
Short-Term Investments
Other Short-Term Assets	$12.44M	$7.422M	$12.64M	$2.230M	$410.0K	$80.00K	$80.00K
YoY Change	67.65%	-41.28%	466.77%	443.9%	412.5%	0.0%
Inventory
Prepaid Expenses
Receivables	$3.352M	$3.074M	$3.981M	$1.880M	$660.0K	$2.490M	$2.300M
Other Receivables	$0.00	$0.00	$0.00	$170.0K	$0.00	$0.00	$0.00
Total Short-Term Assets	$23.19M	$18.82M	$54.45M	$32.86M	$1.650M	$3.580M	$2.530M
YoY Change	23.27%	-65.44%	65.7%	1891.52%	-53.91%	41.5%
Property, Plant & Equipment	$6.490M	$8.453M	$5.603M	$590.0K	$370.0K	$90.00K	$100.0K
YoY Change	-23.22%	50.87%	849.66%	59.46%	311.11%	-10.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$58.00K	$52.00K	$93.00K	$60.00K
YoY Change	11.54%	-44.09%	55.0%
Total Long-Term Assets	$56.06M	$61.37M	$50.48M	$2.360M	$840.0K	$250.0K	$110.0K
YoY Change	-8.65%	21.57%	2038.98%	180.95%	236.0%	127.27%
Total Assets	$79.26M	$80.19M	$104.9M	$35.22M	$2.490M	$3.830M	$2.640M
YoY Change
Accounts Payable	$3.396M	$3.343M	$5.303M	$2.600M	$920.0K	$820.0K	$250.0K
YoY Change	1.59%	-36.96%	103.96%	182.61%	12.2%	228.0%
Accrued Expenses	$4.185M	$5.012M	$4.725M	$810.0K	$1.510M	$1.910M	$1.800M
YoY Change	-16.5%	6.07%	483.33%	-46.36%	-20.94%	6.11%
Deferred Revenue
YoY Change
Short-Term Debt	$8.355M	$3.580M	$9.577M	$0.00	$20.00K	$10.00K	$10.00K
YoY Change	133.38%	-62.62%		-100.0%	100.0%	0.0%
Long-Term Debt Due	$416.0K	$564.0K	$831.0K	$260.0K	$20.00K	$20.00K	$20.00K
YoY Change	-26.24%	-32.13%	219.62%	1200.0%	0.0%	0.0%
Total Short-Term Liabilities	$16.35M	$12.50M	$21.07M	$4.990M	$2.940M	$3.050M	$2.160M
YoY Change	30.83%	-40.68%	322.28%	69.73%	-3.61%	41.2%
Long-Term Debt	$3.467M	$129.0K	$146.0K	$280.0K	$540.0K	$550.0K	$470.0K
YoY Change	2587.6%	-11.64%	-47.86%	-48.15%	-1.82%	17.02%
Other Long-Term Liabilities	$4.205M	$5.538M	$3.562M	$300.0K	$180.0K
YoY Change	-24.07%	55.47%	1087.33%	66.67%
Total Long-Term Liabilities	$7.672M	$5.667M	$3.708M	$580.0K	$720.0K	$550.0K	$470.0K
YoY Change	35.38%	52.83%	539.31%	-19.44%	30.91%	17.02%
Total Liabilities	$24.02M	$18.17M	$24.78M	$5.570M	$3.650M	$3.600M	$2.630M
YoY Change	32.25%	-26.69%	344.88%	52.6%	1.39%	36.88%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	16.27M shares	16.00M	14.27M	11.40M
Diluted Shares Outstanding	16.27M shares	16.00M	14.27M	11.40M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $44.336 Million

About Fathom Holdings Inc.

Fathom Holdings, Inc. is a national, technology driven, end to end real estate services company, which engages in the provision of residential, brokerage, mortgage, title, insurance, and SaaS offerings for brokers and agents. The company is headquartered in Cary, North Carolina and currently employs 241 full-time employees. The company went IPO on 2020-07-31. The firm integrates residential brokerage, mortgage, title, insurance, and Software as a Service (SaaS) offerings to brokerages and agents by leveraging intelliAgent, its cloud-based software. The company operates through three segments: Real Estate Brokerage, Mortgage and Technology. Through its Real Estate Brokerage segment, the Company provides real estate brokerage services. Through its Mortgage segment, the Company provides residential loan origination and underwriting services. Through its Technology segment, the Company provides SaaS solutions and data mining for third party customers and continues to develop its intelliAgent platform for use by the Company’s real estate agents. The firm's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, My Home Group and Verus Title. The company operates in approximately 40 states plus the District of Columbia.

Industry: Real Estate Agents & Managers (For Others) Peers: Doma Holdings, Inc. CBRE GROUP, INC. Douglas Elliman Inc. Offerpad Solutions Inc. Redfin Corp RE/MAX Holdings, Inc.