EXP World Holdings Inc

For the period ended Dec 31, 2023. Filed Feb 22, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 22, 2024

AGNT$2.90-10.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Comprehensive (Loss) Income

(In thousands, except share amounts and per share data)


· · · Year Ended December 31,
	2023	2022	2021
Revenues	$ 4,281,105	$ 4,598,161	$ 3,771,170
Operating expenses
Commissions and other agent-related costs	3,957,054	4,231,262	3,475,139
General and administrative expenses	319,153	346,132	249,699
Sales and marketing expenses	12,156	15,359	12,180
Impairment expense	9,203	-	-
Total operating expenses	4,297,566	4,592,753	3,737,018
Operating (loss) income	(16,461)	5,408	34,152
Other (income) expense
Other (income) expense, net	(4,414)	(804)	292
Equity in losses of unconsolidated affiliates	1,388	1,624	188
Total other (income) expense, net	(3,026)	820	480
Income (loss) before income tax expense	(13,435)	4,588	33,672
Income tax (benefit) expense	(4,462)	(10,836)	(47,487)
Net (loss) income	(8,973)	15,424	81,159
Net (loss) income attributable to noncontrolling interest	-	18	61
Net (loss) income attributable to eXp World Holdings, Inc.	($ 8,973)	$ 15,442	$ 81,220

(Loss) earnings per share
Basic	($ 0.06)	$ 0.10	$ 0.56
Diluted	($ 0.06)	$ 0.10	$ 0.51
Weighted average shares outstanding
Basic	153,232,129	151,036,110	146,170,871
Diluted	153,232,129	156,220,165	157,729,374
Comprehensive (loss) income:
Net (loss) income	($ 8,973)	$ 15,424	$ 81,159
Comprehensive (loss) income attributable to noncontrolling interests	-	18	61
Net (loss) income attributable to eXp World Holdings, Inc.	(8,973)	15,442	81,220
Other comprehensive (loss) income:
Foreign currency translation gain (loss), net of tax	96	48	(59)
Comprehensive (loss) income attributable to eXp World Holdings, Inc.	($ 8,877)	$ 15,490	$ 81,161

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.