TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income 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

Metric20242023202220212020
Revenue i4.6B4.3B4.6B3.8B1.8B
Cost of Goods Sold i4.2B4.0B4.2B3.5B1.6B
Gross Profit i342.4M324.1M366.9M296.0M159.6M
Gross Margin % i7.5%7.6%8.0%7.8%8.9%
Operating Expenses
Research & Development i58.2M----
Selling, General & Administrative i264.3M331.3M361.5M261.9M128.0M
Other Operating Expenses i-----
Total Operating Expenses i322.5M331.3M361.5M261.9M128.0M
Operating Income i19.9M-7.3M5.4M34.2M31.6M
Operating Margin % i0.4%-0.2%0.1%0.9%1.8%
Non-Operating Items
Interest Income i-----
Interest Expense i-----
Other Non-Operating Income-35.7M-6.2M-820.0K-480.0K-184.0K
Pre-tax Income i-15.7M-13.4M4.6M33.7M31.4M
Income Tax i1.1M-4.5M-10.8M-47.5M413.0K
Effective Tax Rate % i0.0%0.0%-236.2%-141.0%1.3%
Net Income i-21.3M-9.0M15.4M81.2M31.0M
Net Margin % i-0.5%-0.2%0.3%2.2%1.7%
Key Metrics
EBITDA i69.2M12.8M15.2M40.4M35.6M
EPS (Basic) i$-0.14$-0.06$0.10$0.56$0.22
EPS (Diluted) i$-0.14$-0.06$0.10$0.51$0.21
Basic Shares Outstanding i153684907153232129151036110146170871138572358
Diluted Shares Outstanding i153684907153232129151036110146170871138572358

Income Statement Trend

eXp World Holdings Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i113.6M126.9M121.6M108.2M100.1M
Short-term Investments i-----
Accounts Receivable i87.7M86.0M87.3M133.5M77.0M
Inventory i-----
Other Current Assets1.2M1.4M580.0K481.0K2.4M
Total Current Assets i268.0M266.5M255.1M319.3M212.2M
Non-Current Assets
Property, Plant & Equipment i-10.0K2.1M2.5M819.0K
Goodwill i40.9M44.4M63.1M33.4M34.2M
Intangible Assets i6.5M10.5M8.7M7.5M8.4M
Long-term Investments-----
Other Non-Current Assets87.5M78.7M70.4M55.7M0
Total Non-Current Assets i122.8M119.2M126.6M94.5M30.0M
Total Assets i390.7M385.7M381.7M413.8M242.2M
Liabilities
Current Liabilities
Accounts Payable i10.5M8.9M10.4M7.2M5.4M
Short-term Debt i-10.0K175.0K311.0K746.0K
Current Portion of Long-term Debt-----
Other Current Liabilities34.0M----
Total Current Liabilities i185.9M141.6M127.3M186.8M96.6M
Non-Current Liabilities
Long-term Debt i-0694.0K765.0K74.0K
Deferred Tax Liabilities i-----
Other Non-Current Liabilities-----
Total Non-Current Liabilities i020.0K5.4M3.5M3.0M
Total Liabilities i185.9M141.7M132.7M190.3M99.6M
Equity
Common Stock i2.0K2.0K2.0K1.0K1.0K
Retained Earnings i-68.1M-16.8M20.7M30.5M-39.2M
Treasury Stock i686.7M545.6M385.0M210.0M38.0M
Other Equity-----
Total Shareholders Equity i204.9M244.0M249.0M223.5M142.6M
Key Metrics
Total Debt i010.0K869.0K1.1M820.0K
Working Capital i82.1M124.8M127.8M132.5M115.6M

Balance Sheet Composition

eXp World Holdings Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-21.3M-9.0M15.4M81.2M31.0M
Depreciation & Amortization i10.3M10.9M9.8M6.2M4.0M
Stock-Based Compensation i156.5M189.1M209.4M182.0M83.0M
Working Capital Changes i45.2M8.9M16.5M-15.2M-28.0M
Operating Cash Flow i184.2M197.3M235.3M201.5M90.1M
Investing Activities
Capital Expenditures i-6.5M-5.4M-12.1M-13.4M-6.4M
Acquisitions i-11.6M-5.5M-10.4M-5.5M-10.5M
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-18.1M-10.9M-22.5M-18.9M-17.0M
Financing Activities
Share Repurchases i-141.1M-160.6M-179.5M-172.0M-29.4M
Dividends Paid i-30.1M-28.5M-25.2M-11.5M0
Debt Issuance i-----
Debt Repayment i-----
Financing Cash Flow i-172.4M-189.1M-205.1M-183.5M-28.8M
Free Cash Flow i183.6M201.2M198.5M233.5M113.2M
Net Change in Cash i-6.3M-2.7M7.8M-960.0K44.3M

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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
expi1.8B369.337.73-12.78%-0.68%0.00
CBRE 46.9B43.865.5412.95%2.86%108.18
CoStar Group 36.1B326.154.171.30%3.57%12.95
Redfin 1.4B-8.23-9.01200.65%-18.35%-6.44
Anywhere Real Estate 1.2B-9.250.78-6.75%-1.87%218.64
Kennedy-Wilson 1.2B47.261.49-2.85%-9.03%290.20

Financial data is updated regularly. All figures are in the company's reporting currency.