Fathom Provides Business Update and Introduces Bitcoin (BTC) Payments and Treasury Strategy, Redefining Real Estate Innovation

Core Insights - Fathom Holdings, Inc. is advancing its integration of My Home Group, which is expected to contribute over $110 million in revenue for 2025 [1][9] - The company has approved the inclusion of Bitcoin as a key asset in its treasury management program, aligning with its strategy to enable Bitcoin payments for agents and customers [1][3] - Fathom plans to allocate up to 50$500,000 in Bitcoin or Bitcoin ETFs in the next two weeks [2][4] Financial Performance - For Q4 2024, Fathom estimates revenues between $89.7 million and$91.7 million, reflecting a 7% to 10% increase from Q3 2024 and a 21% to 24% increase from Q4 2023 [10] - Total gross profit for Q4 2024 is expected to rise by 28% to 30% compared to the same period last year [11] - The company anticipates a GAAP net loss of between $7.3 million and$7.4 million for Q4 2024, an improvement from a net loss of $8.4 million in Q4 2023 [11] Operational Highlights - The agent count increased by 23% to approximately 14,500 as of December 31, 2024, compared to approximately 11,700 agents a year earlier [13] - Brokerage transaction count for Q4 2024 rose by approximately 16.5% compared to Q4 2023 [13] - The integration of My Home Group is progressing as planned, enhancing Fathom's national footprint and agent network [9]