Question Bank › Relationships widening on the customers' initiat

Relationships widening on the customers' initiative, with the numbers still catching up

Calls Tested
449
Answered YES
5
Hit Rate
1.1%
rare by design

Fathom Holdings, Inc. (FTHM) — this company's answers

NO on the Q1 2023 call 2023-05-10 C
The model's full reasoning — Q1 2023 call → NO我们根据提供的财报电话会议记录,判断管理层是否描述了多个现有商业关系最近扩大,并且这些扩大的贡献尚未完全反映在报告结果中。 首先,寻找关于现有关系扩大的描述。在电话会议中,Josh Harley提到:“We also licensed our proprietary technology to over 750 brokerages through a recurring revenue subscription model” 这是现有关系,但未提及扩大。关于代理网络,提到“increased our agent network 18% to over 10,628 agents”,但这是新代理加入,不是现有关系扩大。关于附属业务,如标题和抵押贷款,提到“we recently expanded our title operations in Utah” 这是地理扩张,但属于公司自身扩张,不是现有客户扩大。关于DIA保险业务,收入增长7.5%,但未明确是现有客户扩大还是新客户。关于LiveBy,提到“reach over 235 MLSs and 400,000 agents”,但未提及现有关系扩大。 管理层提到“we saw year-over-year transaction growth in several of our markets, including Miami, Las Vegas, the Bay Area, and even Boston” 但这是市场增长,不是特定关系扩大。 关于“free for life”代理推荐计划,提到“our agent referral program continues to have a positive impact on our recruiting efforts” 但这是新代理推荐,不是现有关系扩大。 关于抵押贷款业务,提到“our team continues to identify opportunities to reduce expenses to rightsize our mortgage business going forward as well as increase revenues by increasing additional loan officers” 但这是增加贷款官员,不是现有客户扩大。 关于标题业务,提到“in March and April, we have seen a significant increase in the number of file starts from Fathom agents in the North Carolina and Dallas markets, which should represent an increase in the attach rate in Q2” 这暗示现有代理使用标题服务增加,但这是代理选择使用更多服务,属于现有关系扩大?但这是代理,不是商业客户。而且管理层说“should represent an increase in the attach rate”,但这是预期,不是已发生。 关于技术许可,提到“licensed our proprietary technology to over 750 brokerages” 但未提及扩大。 管理层没有明确描述多个现有商业关系(如客户、合作伙伴)最近扩大。他们提到代理网络增长,但那是新代理加入。附属业务增长可能来自新客户或现有客户,但未明确。 关于第二部分,管理层提到“we are only providing guidance for the second quarter” 并预期Q2达到盈亏平衡,但未明确说现有关系扩大贡献尚未完全反映。 因此,答案应为NO。

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Show the exact prompt the model was given
Using ONLY the supplied earnings call transcript and no outside information: On this call, does management describe that SEVERAL of the company's EXISTING commercial relationships have RECENTLY GOTTEN BIGGER — counterparties the company had already won (customers, accounts, partners, distributors, members, or programs) that have, in the recent period, chosen to take a wider or deeper commitment than they had before — AND does management convey that the reported results reflect only the early part of these widenings, with most of their contribution still ahead? Answer YES when management's own words convey BOTH halves of this one phenomenon, in whatever form fits the business: (1) MULTIPLE EXISTING RELATIONSHIPS HAVE RECENTLY WIDENED, BY THE COUNTERPARTY'S OWN CHOICE. Management recounts that more than one already-established counterparty has stepped up its commitment in the recent period — in whatever form fits the industry, such as: existing customers adding locations, sites, users, lines, units, or departments; accounts that started with one product or use now taking additional ones; partners or distributors extending the relationship into new territories, categories, or scope; early deployments being broadened by the same counterparty; repeat orders arriving meaningfully larger than the initial ones; or relationships moving from an initial phase into a bigger committed phase. The widenings must be described as real and recent — decisions the counterparties actually made, with the resulting business signed, ordered, begun, or already flowing — not hoped for, in negotiation, or merely a pipeline. The pattern should span more than one relationship rather than a single large deal, and the growth should come from the counterparties choosing to take more, not merely from price increases pushed onto the same volumes. (2) THE NUMBERS ARE STILL CATCHING UP, AND MANAGEMENT SAYS SO. Management conveys, directly or plainly in substance, that these widened commitments have contributed only partially to the results being reported — because the expansions began recently, are still ramping toward their intended level, or have most of their delivery, rollout, or volume scheduled ahead — so the just-reported numbers understate the level of business these relationships have already committed to. Management should treat this widening pattern as meaningful to where the company is heading, discussing it as part of the company's trajectory rather than as a passing detail. Answer NO if the growth discussed comes mainly from winning brand-new customers, new markets, or new logos rather than from existing relationships getting bigger. NO if only one relationship is described as widening, however large. NO if the widenings are only hoped for, proposed, in pilot with no commitment, or contingent on decisions not yet made. NO if the increase is chiefly price increases on unchanged volumes, ordinary reorders at the usual size, or routine fluctuations in order timing. NO if the widened business is already fully reflected in the reported results, with no meaningful contribution still ahead. NO if management attributes the step-ups mainly to a one-time event, catch-up, pull-forward, or temporary condition it expects to fade. NO if the pattern appears only in an analyst's question or model that management does not itself affirm. Use only the supplied transcript. Answer only YES or NO.

Companies that answered YES

TickerCompanyCallDateCall grade
DUOT Duos Technologies Group, Inc. Q4 2023 2024-04-01 F
ZVIA Zevia PBC Q1 2022 2022-05-12 B
ATI Allegheny Technologies Incorporated Q1 2018 2018-04-24 B
PTC PTC Inc. Q3 2017 2017-07-19 C+
GOGO Gogo Inc. Q1 2016 2016-05-06 C+

How the model reasoned

ATI · Q1 2018 → YESThe question is: Does management describe that SEVERAL of the company's EXISTING commercial relationships have RECENTLY GOTTEN BIGGER — counterparties the company had already won that have chosen to t...YES The transcript shows management describing multiple existing relationships (major engine OEM customers, Pratt & Whitney/UTC, Boeing, Airbus, and other aerospace/defense customers) that have recently widened commitments through production ramps, emergent demand above contractual share, and long-term agreements. It also conveys that these widenings are still ramping 2018 as an early phase of multi-year expansion, with most of the contribution ahead in 2019–2020.
GOGO · Q1 2016 → YESThe question is: Does management describe that SEVERAL of the company's EXISTING commercial relationships have RECENTLY GOTTEN BIGGER — counterparties the company had already won that have chosen to t...YES The transcript shows management describing multiple existing relationships that recently widened: Delta increased its commitment to more than 600 2Ku aircraft (bringing total awarded over 1,000), and Air Canada extended its relationship to the entire wide-body international fleet. These are presented as recent decisions by established counterparties.
ZVIA · Q1 2022 → YESThe question is: Does management describe that SEVERAL of the company's EXISTING commercial relationships have RECENTLY GOTTEN BIGGER — counterparties the company had already won that have chosen to t...

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Not investment advice. Artul.ai publishes AI-generated earnings-call quality grades and expected-volatility estimates — never buy or sell recommendations. We tested over 1,600 predictive hypotheses against 165,000 transcripts; the honest result, including what failed, is documented in our methodology.