Exp World Holdings, Inc. - Understand $expi stock

$EXPI Market Cap: $2.093 Billion

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Financial Snapshot

Revenue

$4.453B

TTM

Gross Margin

53.84%

TTM

Net Earnings

-$32.96M

TTM

Current Assets

$309.6M

Q3 2024

Current Liabilities

$221.5M

Q3 2024

Current Ratio

139.75%

Q3 2024

Total Assets

$432.6M

Q3 2024

Total Liabilities

$221.5M

Q3 2024

Book Value

$211.1M

Q3 2024

Cash

$130.4M

Q3 2024

P/E

-63.50

Nov 29, 2024 EST

Free Cash Flow

$203.1M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$4.281B	$4.598B	$3.771B	$1.798B	$979.9M	$500.1M	$156.1M	$53.60M	$22.50M	$13.40M	$10.70M	$6.700M
YoY Change	-6.9%	21.93%	109.71%	83.51%	95.93%	220.39%	191.24%	138.22%	67.91%	25.23%	59.7%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$4.281B	$4.598B	$3.771B	$1.798B	$979.9M	$500.1M	$156.1M	$53.60M	$22.50M	$13.40M	$10.70M	$6.700M
Cost Of Revenue	$3.957B	$4.231B	$3.475B	$1.639B	$895.9M	$459.7M	$139.6M	$46.40M	$19.10M	$11.10M	$8.900M	$5.700M
Gross Profit	$324.1M	$366.9M	$296.0M	$159.6M	$84.10M	$40.43M	$16.50M	$7.100M	$3.300M	$2.300M	$1.800M	$1.000M
Gross Profit Margin	7.57%	7.98%	7.85%	8.88%	8.58%	8.08%	10.57%	13.25%	14.67%	17.16%	16.82%	14.93%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$331.3M	$361.5M	$261.9M	$128.0M	$92.83M	$62.82M	$37.26M	$14.50M	$5.200M	$2.200M	$2.900M	$1.100M
YoY Change	-8.35%	38.04%	104.55%	37.91%	47.79%	68.6%	156.95%	178.85%	136.36%	-24.14%	163.64%
% of Gross Profit	102.24%	98.53%	88.46%	80.22%	110.39%	155.36%	225.8%	204.23%	157.58%	95.65%	161.11%	110.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$10.89M	$9.838M	$4.974M	$3.360M	$2.057M	$870.0K	$353.2K	$100.0K	$0.00	$0.00	$0.00	$0.00
YoY Change	10.71%	97.79%	48.04%	63.34%	136.44%	146.3%	253.23%
% of Gross Profit	3.36%	2.68%	1.68%	2.11%	2.45%	2.15%	2.14%	1.41%	0.0%	0.0%	0.0%	0.0%
Operating Expenses	$4.298B	$4.593B	$3.737B	$1.767B	$988.7M	$522.5M	$178.1M	$14.50M	$5.200M	$2.200M	$2.900M	$1.100M
YoY Change	-6.43%	22.9%	111.53%	78.69%	89.22%	193.33%	1128.53%	178.85%	136.36%	-24.14%	163.64%
Operating Profit	-$16.46M	$5.408M	$34.15M	$31.59M	-$8.779M	-$22.38M	-$22.03M	-$7.400M	-$1.900M	$100.0K	-$1.100M	-$100.0K
YoY Change	-404.38%	-84.16%	8.12%	-459.8%	-60.78%	1.6%	197.73%	289.47%	-2000.0%	-109.09%	1000.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	-$1.388M	-$1.624M	-$188.0K	-$100.0K	$0.00	$100.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-14.53%	763.83%	88.0%		-100.0%
% of Operating Profit		-30.03%	-0.55%	-0.32%						0.0%
Other Income/Expense, Net	$3.026M	-$820.0K	-$480.0K	-$184.0K	-$281.0K	$32.00K	-$2.077K	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-469.02%	70.83%	160.87%	-34.52%	-978.13%	-1640.68%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	-$13.44M	$4.588M	$33.67M	$31.40M	-$9.060M	-$22.45M	-$22.03M	-$7.400M	-$1.900M	$0.00	-$1.100M	-$100.0K
YoY Change	-392.83%	-86.37%	7.23%	-446.61%	-59.64%	1.88%	197.75%	289.47%		-100.0%	1000.0%
Income Tax	-$4.462M	-$10.84M	-$47.49M	$413.0K	$497.0K	$78.00K	$97.23K	$0.00	$100.0K	-$100.0K	$0.00	$0.00
% Of Pretax Income		-236.18%	-141.03%	1.32%
Net Earnings	-$8.973M	$15.44M	$81.22M	$31.13M	-$9.528M	-$22.43M	-$22.13M	-$7.400M	-$1.900M	$100.0K	-$1.100M	-$100.0K
YoY Change	-158.11%	-80.99%	160.9%	-426.73%	-57.52%	1.35%	199.07%	289.47%	-2000.0%	-109.09%	1000.0%
Net Earnings / Revenue	-0.21%	0.34%	2.15%	1.73%	-0.97%	-4.48%	-14.18%	-13.81%	-8.44%	0.75%	-10.28%	-1.49%
Basic Earnings Per Share	-$0.06	$0.10	$0.56	$0.22	-$0.08	-$0.19	-$0.42
Diluted Earnings Per Share	-$0.06	$0.10	$0.51	$0.21	-$0.08	-$0.19	-$0.42	-$72.41K	-$19.23K	$966.20	-$11.45K	-$1.041K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$126.9M	$121.6M	$108.2M	$100.1M	$40.10M	$20.50M	$4.700M	$1.700M	$600.0K	$400.0K	$100.0K	$100.0K
YoY Change	4.33%	12.34%	8.13%	149.63%	95.61%	336.17%	176.47%	183.33%	50.0%	300.0%	0.0%
Cash & Equivalents	$126.9M	$121.6M	$108.2M	$100.1M	$40.10M	$20.50M	$4.700M	$1.700M	$600.0K	$400.0K	$100.0K	$100.0K
Short-Term Investments
Other Short-Term Assets	$53.64M	$46.26M	$77.59M	$35.10M	$10.60M	$4.400M	$1.500M	$800.0K	$300.0K	$300.0K	$0.00	$100.0K
YoY Change	15.97%	-40.38%	121.05%	231.13%	140.91%	193.33%	87.5%	166.67%	0.0%		-100.0%
Inventory
Prepaid Expenses
Receivables	$85.97M	$87.26M	$133.5M	$77.00M	$28.20M	$17.40M	$6.900M	$3.000M	$300.0K	$200.0K	$100.0K	$100.0K
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$266.5M	$255.1M	$319.3M	$212.2M	$78.80M	$42.30M	$13.10M	$5.600M	$1.100M	$800.0K	$300.0K	$200.0K
YoY Change	4.45%	-20.11%	50.48%	169.29%	86.29%	222.9%	133.93%	409.09%	37.5%	166.67%	50.0%
Property, Plant & Equipment	$12.99M	$20.28M	$18.38M	$8.700M	$6.700M	$2.700M	$1.500M	$500.0K	$100.0K	$100.0K	$0.00	$0.00
YoY Change	-35.95%	10.3%	111.31%	29.85%	148.15%	80.0%	200.0%	400.0%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$78.74M	$70.38M	$55.65M	$0.00	$0.00				$0.00	$100.0K
YoY Change	11.88%	26.46%							-100.0%
Total Long-Term Assets	$119.2M	$126.6M	$94.51M	$30.00M	$17.70M	$13.50M	$1.500M	$500.0K	$200.0K	$100.0K	$0.00	$0.00
YoY Change	-5.83%	33.92%	215.04%	69.49%	31.11%	800.0%	200.0%	150.0%	100.0%
Total Assets	$385.7M	$381.7M	$413.8M	$242.2M	$96.50M	$55.80M	$14.60M	$6.100M	$1.300M	$900.0K	$300.0K	$200.0K
YoY Change
Accounts Payable	$8.898M	$10.39M	$7.158M	$4.000M	$2.600M	$1.800M	$600.0K	$300.0K	$100.0K	$100.0K	$100.0K	$100.0K
YoY Change	-14.37%	45.17%	78.95%	53.85%	44.44%	200.0%	100.0%	200.0%	0.0%	0.0%	0.0%
Accrued Expenses	$86.97M	$77.00M	$109.4M	$62.50M	$30.30M	$18.80M	$8.700M	$2.700M	$400.0K	$200.0K	$100.0K	$100.0K
YoY Change	12.95%	-29.64%	75.09%	106.27%	61.17%	116.09%	222.22%	575.0%	100.0%	100.0%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due			$0.00	$1.400M	$900.0K	$1.000M			$0.00	$100.0K	$0.00	$0.00
YoY Change			-100.0%	55.56%	-10.0%				-100.0%
Total Short-Term Liabilities	$141.6M	$127.3M	$186.8M	$96.70M	$42.00M	$24.20M	$10.40M	$3.600M	$700.0K	$500.0K	$300.0K	$400.0K
YoY Change	11.27%	-31.86%	93.19%	130.24%	73.55%	132.69%	188.89%	414.29%	40.0%	66.67%	-25.0%
Long-Term Debt	$20.00K	$4.697M	$2.714M	$2.900M	$1.500M	$1.700M	$0.00	$0.00	$0.00	$0.00	$100.0K	$100.0K
YoY Change	-99.57%	73.07%	-6.41%	93.33%	-11.76%					-100.0%	0.0%
Other Long-Term Liabilities	$0.00	$694.0K	$765.0K	$100.0K	$800.0K
YoY Change	-100.0%	-9.28%	665.0%	-87.5%
Total Long-Term Liabilities	$20.00K	$5.391M	$3.479M	$3.000M	$2.300M	$1.700M	$0.00	$0.00	$0.00	$0.00	$100.0K	$100.0K
YoY Change	-99.63%	54.96%	15.97%	30.43%	35.29%					-100.0%	0.0%
Total Liabilities	$142.8M	$133.9M	$191.7M	$100.6M	$44.50M	$25.90M	$10.40M	$3.600M	$600.0K	$500.0K	$300.0K	$400.0K
YoY Change	6.7%	-30.16%	90.51%	126.07%	71.81%	149.04%	188.89%	500.0%	20.0%	66.67%	-25.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding	153.2M	151.0M	146.2M	138.6M	126.3M	115.4M	53.19M
Diluted Shares Outstanding	153.2M	156.2M	157.7M	151.6M	126.3M	115.4M	53.19M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.0929 Billion

About EXP World Holdings, Inc.

eXp World Holdings, Inc. operates as a cloud-based real estate brokerage firm. The company is headquartered in Bellingham, Washington and currently employs 2,114 full-time employees. The company went IPO on 2011-01-14. The firm owns and operates a diversified portfolio of service-based businesses utilizing its enabling technology platform. The firm operates through four segments: North American Realty, International Realty, Virbela and Other Affiliated Services. Its North American Realty segment includes real estate brokerage operations in the United States and Canada, as well as lead-generation and other real estate support services provided in North America. Its International Realty segment includes real estate brokerage operations in all other international locations. Its Virbela segment includes Virbela enterprise metaverse technology and the support services offered by eXp World Technologies, LLC (eXp World Technologies). The Company’ Other Affiliated Services segment includes its SUCCESS Magazine and other smaller ventures.

Industry: Real Estate Agents & Managers (For Others) Peers: CBRE GROUP, INC. Compass, Inc. Anywhere Real Estate Inc. JONES LANG LASALLE INC Marcus & Millichap, Inc. NEWMARK GROUP, INC. Opendoor Technologies Inc. RE/MAX Holdings, Inc. ZILLOW GROUP, INC.