Looking ahead to 2025, we see three primary avenues for reaching EBITDA profitability. First, increased revenue from acquisitions. In November 2024, we acquired MyHomeGroup, which will bring us about $110 million in revenue in 2025. We're also exploring additional acquisitions and walkovers of smaller brokerages. Second is through a higher gross profit. Our mortgage title and other ancillary services have been growing faster than our real estate revenue, enhancing cross-selling opportunities and strengthening our bottom line. And third is expense management through anticipated cost reductions of about $2 million on an annualized basis.

Mar 12, 2025 / receipt, needs a key / Marco Freschinal, CEO | earnings call 2025-03-12 | transcript 29c19e43-b4fb-4139-8a51-1dafc9def319 | chars 5349-5992 | segment 5

We are also happy to say that Salt Lake City Utah-based LW Traveling Tidal is now part of Varus Tidal. Traveling Tidal is a strategic addition to our geographic presence in Utah, Colorado, and Virginia.

Aug 12, 2024 / receipt, needs a key / Joanne, CFO | earnings call 2024-08-12 | transcript 86845a23-5694-4055-9dd4-9525169790aa | chars 19124-19326 | segment 19

Based on this evaluation, our Interim Chief Executive Officer and our Chief Financial Officer concluded that our disclosure controls and procedures were not effective as of March 31, 2026 due to the material weaknesses in our internal control over financial reporting, as further described below.

filing / Jul 16, 2026 / receipt

Notwithstanding the conclusion by our Interim Chief Executive Officer and Chief Financial Officer that our disclosure controls and procedures were not effective as of March 31, 2026, and notwithstanding the material weaknesses in our internal control over financial reporting described below, management believes that the consolidated financial statements and related financial information included in this Quarterly Rep

filing / Jul 16, 2026 / receipt

Minimize external tech costs.

ir_statement / Sep 16, 2026 / receipt

Reduce costs per agent with growth.

ir_statement / Sep 16, 2026 / receipt

Streamline and automate operations.

ir_statement / Sep 16, 2026 / receipt

Fathom achieves an industry-low direct cost per transaction of only $264.

ir_statement / Sep 16, 2026 / receipt

Fathom aims to boost gross profit per transaction to $800 by expanding offerings such as leads, ancillary services, and transaction-related solutions.

ir_statement / Sep 16, 2026 / receipt

With exceptionally low agent turnover, Fathom outperforms traditional brokerages in operational efficiency.

ir_statement / Sep 16, 2026 / receipt

Leverage Fathom’s proprietary technology and scalable operational model to transform these unprofitable companies into profitable entities, driving long-term growth.

ir_statement / Sep 16, 2026 / receipt

Over 100 acquisition targets identified, primarily smaller brokerages struggling with operational inefficiencies, representing more than 200,000 agents and 400,000 transactions annually.

ir_statement / Sep 16, 2026 / receipt

Expansion plans to all 50 states and Canada.

ir_statement / Sep 16, 2026 / receipt

Q3 2025 - 15,371 Agents vs. Q3 2024 - 12,383 Agents; 24.1% increase

ir_statement / Sep 16, 2026 / receipt