72% Revenue Growth With Strategic Acquisitions
The recent earnings report shows a 72% revenue growth, 60% transaction growth, and 42% agent growth for 1Q 2021 year-over-year.
“Our first-quarter results once again demonstrate the power of our truly disruptive model. We’ve been working hard to deliver on our promises and to grow Fathom in an accelerated, yet sustainable fashion for the long-term, and our results demonstrate our ability to do just that,” said Fathom CEO Joshua Harley. “We have not slowed down since going public, acquiring several strategic businesses aimed at enhancing our capabilities and supercharging our vision to revolutionize the residential real estate market.”
“The strength of our balance sheet has allowed us to complete several strategic acquisitions while building our team and enhancing our marketing efforts to capture future growth opportunities,” said Fathom President and CFO Marco Fregenal. “Our financial results clearly demonstrate Fathom’s ability to grow our key performance indicators, even during what is typically a seasonally weaker quarter for residential real estate. We believe the real estate market remains strong, and we look forward to continuing to work hard to build out our offerings to further enhance Fathom’s real estate services platform.”
Read the full press release including recent highlights of the first quarter HERE.