Fathom | 8-K: FY2025 Q3 Revenue Beats Estimate at USD 115.31 M

Revenue: As of FY2025 Q3, the actual value is USD 115.31 M, beating the estimate of USD 102.12 M.

EPS: As of FY2025 Q3, the actual value is USD -0.15, missing the estimate of USD -0.14.

EBIT: As of FY2025 Q3, the actual value is USD -3.926 M.

Financial Metrics by Segment

Segment Revenue

• Total Revenue: $115.3 million in Q3 2025, a 37.7% increase from $83.7 million in Q3 2024.
• Brokerage Revenue: $109.2 million in Q3 2025, up 39.0% from $78.6 million in Q3 2024.
• Mortgage Revenue: $3.5 million in Q3 2025, a 20.7% increase from $2.9 million in Q3 2024.
• Title Revenue: $1.8 million in Q3 2025, up 28.6% from $1.4 million in Q3 2024.

Operational Metrics

• Gross Profit: $9.6 million in Q3 2025, a 39.1% increase from $6.9 million in Q3 2024.
• GAAP Net Loss: - $4.4 million, or - $0.15 per share in Q3 2025, compared to a net loss of - $8.1 million, or - $0.40 per share, in Q3 2024.
• Adjusted EBITDA: $6 thousand in Q3 2025, compared to - $1.4 million in Q3 2024.

Cash Flow

• Net Cash Used in Operating Activities: - $8.6 million for the nine months ended September 30, 2025, compared to - $4.4 million in the same period of 2024.
• Net Cash Provided by Investing Activities: $1.7 million for the nine months ended September 30, 2025, compared to $5.1 million in the same period of 2024.
• Net Cash Provided by Financing Activities: $9.4 million for the nine months ended September 30, 2025, compared to $5.2 million in the same period of 2024.

Outlook / Guidance

• The Company has elected to withhold guidance for the fourth quarter ending December 31, 2025. Management plans to reassess and potentially reinstate guidance expectations in the first quarter of 2026.