How did Fathom Holdings' revenue and expenses trend in Q4 2024 compared to previous quarters?
4/14/2025 02:12pm
Fathom Holdings' revenue and expenses in Q4 2024 showed a significant increase in revenue and a moderate rise in expenses compared to the previous quarter, Q3 2024:
1. **Revenue Trend**: The total revenue for Q4 2024 was $14.52 million, which is a substantial increase from the $7.64 million reported in Q3 2024. This indicates a strong growth period for the company, as revenue has more than doubled from the previous quarter.
2. **Expense Trend**: The total expenses for Q4 2024 were $2.69 million, up from $1.32 million in Q3 2024. This suggests that while expenses have increased, the increase is not as significant as the revenue increase. This could indicate that the company is managing its costs effectively despite the revenue growth.
3. **Comparison with Q2 and Q3**: When comparing Q4 2024 with Q2 and Q3 2024, it's clear that revenue has seen the most significant increase from these periods. Expenses have also increased, but the percentage increase is less than that of revenue. This could be a positive sign for the company's profitability, assuming that the revenue growth outpaces the expense growth.