
eXp World Holdings (EXPI) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
954.9M
Gross Profit
76.1M
7.97%
Operating Income
-10.4M
-1.09%
Net Income
-11.0M
-1.15%
EPS (Diluted)
$-0.07
Balance Sheet Metrics
Total Assets
435.8M
Total Liabilities
223.8M
Shareholders Equity
212.0M
Debt to Equity
1.06
Cash Flow Metrics
Operating Cash Flow
16.4M
Free Cash Flow
36.8M
Revenue & Profitability Trend
eXp World Holdings Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 4.6B | 4.3B | 4.6B | 3.8B | 1.8B |
Cost of Goods Sold | 4.2B | 4.0B | 4.2B | 3.5B | 1.6B |
Gross Profit | 342.4M | 324.1M | 366.9M | 296.0M | 159.6M |
Gross Margin % | 7.5% | 7.6% | 8.0% | 7.8% | 8.9% |
Operating Expenses | |||||
Research & Development | 58.2M | - | - | - | - |
Selling, General & Administrative | 264.3M | 331.3M | 361.5M | 261.9M | 128.0M |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 322.5M | 331.3M | 361.5M | 261.9M | 128.0M |
Operating Income | 19.9M | -7.3M | 5.4M | 34.2M | 31.6M |
Operating Margin % | 0.4% | -0.2% | 0.1% | 0.9% | 1.8% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | - | - | - | - | - |
Other Non-Operating Income | -35.7M | -6.2M | -820.0K | -480.0K | -184.0K |
Pre-tax Income | -15.7M | -13.4M | 4.6M | 33.7M | 31.4M |
Income Tax | 1.1M | -4.5M | -10.8M | -47.5M | 413.0K |
Effective Tax Rate % | 0.0% | 0.0% | -236.2% | -141.0% | 1.3% |
Net Income | -21.3M | -9.0M | 15.4M | 81.2M | 31.0M |
Net Margin % | -0.5% | -0.2% | 0.3% | 2.2% | 1.7% |
Key Metrics | |||||
EBITDA | 69.2M | 12.8M | 15.2M | 40.4M | 35.6M |
EPS (Basic) | $-0.14 | $-0.06 | $0.10 | $0.56 | $0.22 |
EPS (Diluted) | $-0.14 | $-0.06 | $0.10 | $0.51 | $0.21 |
Basic Shares Outstanding | 153684907 | 153232129 | 151036110 | 146170871 | 138572358 |
Diluted Shares Outstanding | 153684907 | 153232129 | 151036110 | 146170871 | 138572358 |
Income Statement Trend
eXp World Holdings Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 113.6M | 126.9M | 121.6M | 108.2M | 100.1M |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | 87.7M | 86.0M | 87.3M | 133.5M | 77.0M |
Inventory | - | - | - | - | - |
Other Current Assets | 1.2M | 1.4M | 580.0K | 481.0K | 2.4M |
Total Current Assets | 268.0M | 266.5M | 255.1M | 319.3M | 212.2M |
Non-Current Assets | |||||
Property, Plant & Equipment | - | 10.0K | 2.1M | 2.5M | 819.0K |
Goodwill | 40.9M | 44.4M | 63.1M | 33.4M | 34.2M |
Intangible Assets | 6.5M | 10.5M | 8.7M | 7.5M | 8.4M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 87.5M | 78.7M | 70.4M | 55.7M | 0 |
Total Non-Current Assets | 122.8M | 119.2M | 126.6M | 94.5M | 30.0M |
Total Assets | 390.7M | 385.7M | 381.7M | 413.8M | 242.2M |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 10.5M | 8.9M | 10.4M | 7.2M | 5.4M |
Short-term Debt | - | 10.0K | 175.0K | 311.0K | 746.0K |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 34.0M | - | - | - | - |
Total Current Liabilities | 185.9M | 141.6M | 127.3M | 186.8M | 96.6M |
Non-Current Liabilities | |||||
Long-term Debt | - | 0 | 694.0K | 765.0K | 74.0K |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | 0 | 20.0K | 5.4M | 3.5M | 3.0M |
Total Liabilities | 185.9M | 141.7M | 132.7M | 190.3M | 99.6M |
Equity | |||||
Common Stock | 2.0K | 2.0K | 2.0K | 1.0K | 1.0K |
Retained Earnings | -68.1M | -16.8M | 20.7M | 30.5M | -39.2M |
Treasury Stock | 686.7M | 545.6M | 385.0M | 210.0M | 38.0M |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 204.9M | 244.0M | 249.0M | 223.5M | 142.6M |
Key Metrics | |||||
Total Debt | 0 | 10.0K | 869.0K | 1.1M | 820.0K |
Working Capital | 82.1M | 124.8M | 127.8M | 132.5M | 115.6M |
Balance Sheet Composition
eXp World Holdings Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | -21.3M | -9.0M | 15.4M | 81.2M | 31.0M |
Depreciation & Amortization | 10.3M | 10.9M | 9.8M | 6.2M | 4.0M |
Stock-Based Compensation | 156.5M | 189.1M | 209.4M | 182.0M | 83.0M |
Working Capital Changes | 45.2M | 8.9M | 16.5M | -15.2M | -28.0M |
Operating Cash Flow | 184.2M | 197.3M | 235.3M | 201.5M | 90.1M |
Investing Activities | |||||
Capital Expenditures | -6.5M | -5.4M | -12.1M | -13.4M | -6.4M |
Acquisitions | -11.6M | -5.5M | -10.4M | -5.5M | -10.5M |
Investment Purchases | - | - | - | - | - |
Investment Sales | - | - | - | - | - |
Investing Cash Flow | -18.1M | -10.9M | -22.5M | -18.9M | -17.0M |
Financing Activities | |||||
Share Repurchases | -141.1M | -160.6M | -179.5M | -172.0M | -29.4M |
Dividends Paid | -30.1M | -28.5M | -25.2M | -11.5M | 0 |
Debt Issuance | - | - | - | - | - |
Debt Repayment | - | - | - | - | - |
Financing Cash Flow | -172.4M | -189.1M | -205.1M | -183.5M | -28.8M |
Free Cash Flow | 183.6M | 201.2M | 198.5M | 233.5M | 113.2M |
Net Change in Cash | -6.3M | -2.7M | 7.8M | -960.0K | 44.3M |
Cash Flow Trend
eXp World Holdings Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
369.33
Forward P/E
35.80
Price to Book
7.73
Price to Sales
0.37
PEG Ratio
-3.28
Profitability Ratios
Profit Margin
-0.68%
Operating Margin
-0.18%
Return on Equity
-12.78%
Return on Assets
-1.22%
Financial Health
Current Ratio
1.31
Debt to Equity
0.00
Beta
2.00
Per Share Data
EPS (TTM)
$-0.19
Book Value per Share
$1.39
Revenue per Share
$29.77
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
expi | 1.8B | 369.33 | 7.73 | -12.78% | -0.68% | 0.00 |
CBRE | 46.9B | 43.86 | 5.54 | 12.95% | 2.86% | 108.18 |
CoStar Group | 36.1B | 326.15 | 4.17 | 1.30% | 3.57% | 12.95 |
Redfin | 1.4B | -8.23 | -9.01 | 200.65% | -18.35% | -6.44 |
Anywhere Real Estate | 1.2B | -9.25 | 0.78 | -6.75% | -1.87% | 218.64 |
Kennedy-Wilson | 1.2B | 47.26 | 1.49 | -2.85% | -9.03% | 290.20 |
Financial data is updated regularly. All figures are in the company's reporting currency.