fromwww.housingwire.com
1 week agoFathom Holdings reports 38% revenue growth
In the third quarter, we continued to build on the momentum achieved in the first half of the year, Fathom CEO Marco Fregenal said. Despite a challenging housing market, we delivered year-over-year revenue growth and achieved adjusted EBITDA profitability. We also expanded our agent base and advanced multiple initiatives across our platform. Ancillary services again played a central role in the company's growth plans led by 29% year-over-year growth in title revenue. The company highlighted momentum within Elevate, its productivity-focused agent program. Elevate continues to scale, with over 165 agents onboarded and another 45 in the pipeline, Fregenal said.
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