Aft Fathom License Cost
Dierdre Roussin
Divisions refer to departments, job centres, cost centres, locations, etc., defined within your source accounting system. The terminology of these divisions differs for each source accounting system as follows:
? Note: Importing divisions from an Excel-based company into Fathom is not possible. You can import each division as its own company from Excel. To learn more about this option, reach out to our support team.
Using and reporting on divisions in Fathom starts with importing divisional data from your source accounting system. Then, you can set up divisional KPIs, use divisions in the Analysis tools, and report on divisions.
? Note: Divisions can only be imported as standalone entities from Xero, QuickBooks Online, and MYOB AccountRight Live companies. Excel-based companies can also import divisions individually to bring in divisions and divisional budgets.
To begin the 'Using Divisions in Fathom' workflow, import your class, location, tracking category, or job & cost centre data into Fathom. If you have already imported your divisional data into Fathom, begin setting up KPIs or performing divisional analysis.
As the aviation sector strives to decarbonise, operational improvements to reduce fuel burn have a key role to play as they can be implemented fairly quickly and at relatively low cost. FATHOM users can easily recognise the potential for fuel burn improvements and cost savings with the metric the EUROCONTROL NM has developed for ideal fuel consumption for city-pairs based on the 10% of most fuel-efficient flights across the network.
Updated on a daily basis for a 5-week rolling period, FATHOM provides an overview of traffic and ATFM delays, enabling users to compare current traffic and delays with the results from the same period in the previous year. With the ability to drill down into details, the interactive analysis tool also gives insight into:
Access to FATHOM can be granted to any operational stakeholders. Unfortunately, we do not provide access to universities, research facilities, or operational users operating outside of the EUROCONTROL/NM area of operations.
When I received these crabs they reminded me of my childhood crabbing with my grandfather off the Oregon cost. Dungeness crabs are one of life's greatest pleasures and being able to receive them alive and fresh is truly a blessing. Being a Chef quality is of the utmost importance and these really set the bar. They show up as fresh as coming out of the nets themselves.
"My order arrived before 10 AM, and the two crabs were well-insulated and in perfect condition. They were carefully packed using cold packs, and were a little drowsy until they warmed up as I prepped them. There was no seafood smell, something that my vegetarian wife was worried about. These crabs reminded me of going crabbing with family friends on Camano Island, they were so fresh! They were great steamed plain and also delicious in chili crab. I'll be sending some to my mom in Montana for Christmas, who misses the fresh seafood she had growing up in Oregon!"
Dungeness crab meat is highly prized for its sweet, delicate flavor and tender texture. The Dungeness crab (Metacarcinus magister) is a species of crab found along the west coast of North America, from Alaska to Mexico. It is a popular seafood item in many coastal regions and is often served in restaurants and at seafood markets.
The meat of the Dungeness crab is harvested from the legs, claws, and body. It is a rich source of protein and contains a variety of important nutrients, including omega-3 fatty acids, zinc, and vitamin B12.
Dungeness crab meat is versatile and can be prepared in a variety of ways. It can be steamed, boiled, baked, grilled, or fried. It is often served with a variety of dipping sauces, including melted butter, lemon juice, garlic butter, or cocktail sauce.
In the UK, flood insurance is mandatory when buying a home, regardless of its location. In the US, however, insurance policy means that only those living in designated flood zones need buy the insurance. This hikes the price and, since people located in high-risk areas are often those who are the most deprived both economically and socially, the Government has to step in to cover costs, as insurance is otherwise unaffordable.
Fathom are delighted to have had their work validated by a peer-reviewed paper, which now fuels plans to provide extended support to Americans in high risk areas, offering an affordable solution to both the US government, and insurance market.
"Our results this quarter continue to demonstrate Fathom's ability to navigate challenging market conditions with a truly disruptive business model that is resonating among agents," said Fathom CEO Joshua Harley. "While the residential real estate market remains challenging, we continue to believe that our future remains bright and are positioning Fathom for continued success once the industry rebounds. We're continuing to grow our agent network and believe we'll continue to attract high quality agent teams and brokerages going forward as our agent value proposition remains compelling in the current environment and our pipeline of opportunities remains strong. We believe that Fathom is the most attractive home for agents long-term as we help them ultimately earn more money with an industry-leading flat fee commission split to agents. By further rightsizing the Company's expenses, we've set a target to achieve operating cash flow breakeven as early as Q2 of 2024 while remaining committed to getting back to positive Adjusted EBITDA in Q1 2024 and going forward."
"We remain focused on execution and are taking necessary steps to better position Fathom in the current environment and once the market recovers," stated Fathom President and CFO Marco Fregenal. "During the third quarter, we continued to see the benefits from the cost-reduction measures we've already implemented. We have continued to further right-size the Company's expenses and implement management salary reductions for a combined expected savings of approximately $1.2 million per quarter. We believe we are positioned for profitable growth ahead where we can start to show the operating leverage in our businesses."
Fathom provides Adjusted EBITDA, a non-GAAP financial measure, because it offers additional information for monitoring the Company's cash flow performance. A table providing a reconciliation of Adjusted EBITDA to its most comparable GAAP measure, as well as an explanation of, and important disclosures about, this non-GAAP measure, is included in the tables at the end of this press release.
Without giving a timeline for reaching this target, the Company reiterated that it believes it can generate Adjusted EBITDA exceeding $40.0 million per year at 100,000 to 110,000 transactions per year.
Given the continued uncertainty in the macro environment, the Company will not be providing guidance for the fourth quarter ending December 31, 2023 and will revisit guidance expectations next quarter.
Fathom Holdings Inc. is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS offerings to brokerages and agents by leveraging its proprietary cloud-based software, intelliAgent. The Company's brands include Fathom Realty, Dagley Insurance, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title. For more information, visit www.FathomInc.com.
This press release contains "forward-looking statements," including, but not limited to, the Company's ability to achieve operating cash flow breakeven in Q2 of 2024, its ability to continue attracting agents and generating higher revenue, and its ability to continue to reduce costs, among others. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including: risks associated with general economic conditions, including rising interest rates; its ability to generate positive operating cash flow; risks associated with the Company's ability to continue achieving significant growth; its ability to continue its growth trajectory while achieving profitability over time; and other risks as set forth in the Risk Factors section of the Company's most recent Form 10-K as filed with the SEC and supplemented from time to time in other Company filings made with the SEC. Copies of Fathom's Form 10-K and other SEC filings are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
To supplement Fathom's consolidated financial statements, which are prepared and presented in accordance with GAAP, the Company uses Adjusted EBITDA, a non-GAAP financial measure, to understand and evaluate our core operating performance. This non-GAAP financial measure, which may be different than similarly titled measures used by other companies, is presented to enhance investors' overall understanding of our financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.
Fathom defines the non-GAAP financial measure of Adjusted EBITDA as net income (loss), excluding other income and expense, income taxes, depreciation and amortization, share-based compensation expense, and other non-cash and transaction-related costs.
Fathom believes that Adjusted EBITDA provides useful information about the Company's financial performance, enhances the overall understanding of its past performance and future prospects, and allows for greater transparency with respect to a key metric used by Fathom's management for financial and operational decision-making. Fathom believes that Adjusted EBITDA helps identify underlying trends in its business that otherwise could be masked by the effect of the expenses that the Company excludes in Adjusted EBITDA. In particular, Fathom believes the exclusion of share-based compensation expense related to restricted stock and restricted stock unit awards and stock options, and transaction-related costs associated with the Company's acquisition activity, provides a useful supplemental measure in evaluating the performance of its operations and provides better transparency into its results of operations. Adjusted EBITDA also excludes other income and expense, net which primarily includes nonrecurring items, such as, gain on debt extinguishment and severance costs, if applicable, and other non-cash items representing reserves on certain agent fee collections.
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