FMP

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FTHM - Fathom Holdings Inc.

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Fathom Holdings Inc.

FTHM

NASDAQ

Fathom Holdings Inc. provides cloud-based real estate brokerage services in the South, Atlantic, Southwest, and Western parts of the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services. The Mortgage segment offers residential loan origination and underwriting services. The Technology segment provides Software as a Service solutions and data mining for third party customers to develop its intelliAgent platform for use by the company's real estate agents. The company operates a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services, as well as supporting software called intelliAgent. It offers access to various properties for sale or lease through its FathomRealty.com website to buyers, sellers, landlords, and tenants. Its intelliAgent real estate technology platform provides a suite of brokerage and agent level tools, technology, business processes, business intelligence and reporting, training, customer relationship management, social media marketing and other marketing, and marketing repository services, as well as marketplace for add-on services and third-party technology. The company's brands include Fathom Realty, Dagley Insurance, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone. Fathom Holdings Inc. was founded in 2010 and is headquartered in Cary, North Carolina.

0.769 USD

0.0469 (6.1%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

176.78M

330.23M

412.96M

345.23M

335.18M

412.73M

508.21M

625.79M

770.57M

948.84M

Revenue %

-

86.8

25.05

-16.4

-2.91

23.14

23.14

23.14

23.14

Ebitda

-1.12M

-13.36M

-21.43M

-17.31M

-16.64M

-16.38M

-20.17M

-24.84M

-30.58M

-37.66M

Ebitda %

-0.63

-4.04

-5.19

-5.01

-4.96

-3.97

-3.97

-3.97

-3.97

Ebit

-1.27M

-16.11M

-26.78M

-23.25M

-22.06M

-20.96M

-25.81M

-31.78M

-39.14M

-48.19M

Ebit %

-0.72

-4.88

-6.48

-6.74

-6.58

-5.08

-5.08

-5.08

-5.08

Depreciation

145.19k

2.75M

5.35M

5.95M

5.42M

4.58M

5.64M

6.95M

8.55M

10.53M

Depreciation %

0.08

0.83

1.29

1.72

1.62

1.11

1.11

1.11

1.11

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

28.58M

37.83M

8.32M

7.4M

7.13M

27.99M

34.46M

42.43M

52.25M

64.34M

Total Cash %

16.17

11.46

2.01

2.14

2.13

6.78

6.78

6.78

6.78

Receivables

1.59M

3.98M

3.07M

3.35M

7.15M

4.92M

6.05M

7.45M

9.18M

11.3M

Receivables %

0.9

1.21

0.74

0.97

2.13

1.19

1.19

1.19

1.19

Inventories

984.24k

144k

67k

-

-

508.96k

626.71k

771.69k

950.23k

1.17M

Inventories %

0.56

0.04

0.02

-

-

0.12

0.12

0.12

0.12

Payable

2.6M

5.3M

3.34M

3.4M

4.3M

5.08M

6.25M

7.7M

9.48M

11.67M

Payable %

1.47

1.61

0.81

0.98

1.28

1.23

1.23

1.23

1.23

Cap Ex

-744.75k

-3.48M

-4.06M

-1.83M

-3.24M

-3.27M

-4.02M

-4.95M

-6.1M

-7.51M

Cap Ex %

-0.42

-1.05

-0.98

-0.53

-0.97

-0.79

-0.79

-0.79

-0.79

Weighted Average Cost Of Capital

Price

0.77

Beta

Diluted Shares Outstanding

20.24M

Costof Debt

5.87

Tax Rate

After Tax Cost Of Debt

5.6

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

9.15M

Total Equity

15.57M

Total Capital

24.72M

Debt Weighting

37.01

Equity Weighting

62.99

Wacc

10.44

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

176.78M

330.23M

412.96M

345.23M

335.18M

412.73M

508.21M

625.79M

770.57M

948.84M

Ebitda

-1.12M

-13.36M

-21.43M

-17.31M

-16.64M

-16.38M

-20.17M

-24.84M

-30.58M

-37.66M

Ebit

-1.27M

-16.11M

-26.78M

-23.25M

-22.06M

-20.96M

-25.81M

-31.78M

-39.14M

-48.19M

Tax Rate

4.52

4.52

4.52

4.52

4.52

4.52

4.52

4.52

4.52

4.52

Ebiat

-1.26M

-12.78M

-26.72M

-23.4M

-21.06M

-19.87M

-24.47M

-30.13M

-37.1M

-45.69M

Depreciation

145.19k

2.75M

5.35M

5.95M

5.42M

4.58M

5.64M

6.95M

8.55M

10.53M

Receivables

1.59M

3.98M

3.07M

3.35M

7.15M

4.92M

6.05M

7.45M

9.18M

11.3M

Inventories

984.24k

144k

67k

-

-

508.96k

626.71k

771.69k

950.23k

1.17M

Payable

2.6M

5.3M

3.34M

3.4M

4.3M

5.08M

6.25M

7.7M

9.48M

11.67M

Cap Ex

-744.75k

-3.48M

-4.06M

-1.83M

-3.24M

-3.27M

-4.02M

-4.95M

-6.1M

-7.51M

Ufcf

-1.84M

-12.35M

-26.41M

-19.44M

-21.77M

-16.06M

-22.93M

-28.24M

-34.77M

-42.81M

Wacc

10.44

10.44

10.44

10.44

10.44

Pv Ufcf

-14.54M

-18.8M

-20.96M

-23.37M

-26.06M

Sum Pv Ufcf

-103.75M

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

10.44

Free Cash Flow T1

-43.67M

Terminal Value

-517.67M

Present Terminal Value

-315.15M

Intrinsic Value

Enterprise Value

-418.89M

Net Debt

2.02M

Equity Value

-420.91M

Diluted Shares Outstanding

20.24M

Equity Value Per Share

-20.79

Projected DCF

-20.79 1.037%

DCF Levered

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