Fathom Q1 FY26 adjusted EBITDA loss widens to $5.64 million; revenue falls 7.2% to $86.4 million - FTHM News | RalliesFathom Q1 FY26 adjusted EBITDA loss widens to $5.64 million; revenue falls 7.2% to $86.4 million
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FTHM• Q1 FY26 results
- Fathom Holdings posted a first-quarter net loss of USD 8.2 million, widening from a loss of USD 5.63 million a year earlier.
- Revenue fell 7.2% to USD 86.4 million, driven by an 8.5% drop in gross commission income to USD 81.34 million.
- Other service revenue rose 18.8% to USD 5.06 million, reflecting higher title service transaction volume plus continued mortgage growth.
Costs and cash flow
- General and administrative costs climbed 25.7% to USD 10.87 million, due to higher bad debt expense tied to agent fees.
- Net cash used in operating activities narrowed to USD 99,000 from USD 5.73 million; cash and cash equivalents totaled about USD 4.5 million.
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