BELLINGHAM, Wash., Feb. 01, 2024 (GLOBE NEWSWIRE) -- eXp Realty, "the most agent-centric real estate brokerage on the planet™" and a core subsidiary of eXp World Holdings, Inc. (NASDAQ:EXPI), today announced a strategic affiliated title business with Citrus Closing Group to bring local title expertise and personalized service to its agents in Orlando, Florida, and the surrounding areas. This partnership aims to provide eXp Realty agents in Lake Seminole, Osceola, Orange, and Brevard counties with a local ti ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________________ to ______________________ Commission File Number: 001-38493 EXP WORLD HOLDINGS, INC. (Exact name of registrant as specified ...

eXp World Holdings, Inc. (NASDAQ:EXPI) Q2 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Denise Garcia - IR Glenn Sanford - Founder, Chairman and CEO Jeff Whiteside – CFO Michael Valdes - Chief Growth Officer Operator Good afternoon, and welcome to the eXp World Holdings Second Quarter 2023 Earnings Fireside chat via live stream and the EXPI campus, or Metaverse. My name is Denise Garcia, and I manage Investor Relations for eXp World Holdings. Today, we will begin our earnings ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________________ to ______________________ Commission File Number: 001-38493 EXP WORLD HOLDINGS, INC. (Exact name of registrant as specified in it ...

eXp World Holdings, Inc. (NASDAQ:EXPI) Q1 2023 Earnings Conference Call May 2, 2023 5:00 PM ET Company Participants Denise Garcia - IR Glenn Sanford - Founder, Chairman and CEO Jeff Whiteside - CFO Conference Call Participants John Campbell - Stephens Inc. Tom White - D.A. Davidson Matt Phillips - William Blair Denise Garcia Good afternoon, and welcome to the eXp World Holdings First Quarter 2023 Earnings Fireside Chat via live stream and EXPI Campus, our Metaverse. My name is Denise Garcia and I manage Inv ...

Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________________ to ______________________ Commission File Number: 001-38493 EXP WORLD HOLDINGS, INC. (Exact name of registrant as specified in i ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission File Number: 001-38493 eXp World Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 98-0681092 (State ...

eXp World Holdings, Inc. (NASDAQ:EXPI) Q3 2022 Earnings Conference Call November 2, 2022 11:00 AM ET Company Participants Courtney Keating – Chief Marketing Officer Glenn Sanford – Founder, Chairman and Chief Executive Officer Jeff Whiteside – Chief Financial Officer Conference Call Participants Tom White – D.A. Davidson Courtney Keating [Call Starts Abruptly] or Metaverse. My name is Courtney Keating, and I’m the CMO of eXp World Holdings. Dave will begin our earnings fireside chat with opening comments an ...

Table of Contents Delaware 98-0681092 (State or other jurisdiction (I.R.S. Employer of incorporation or organization) Identification No.) Common Stock, $0.00001 par value per shareEXPI NASDAQ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For ...

Financial Data and Key Metrics Changes - In Q2 2022, revenue was $1.4 billion, up 42% year-over-year [32] - Gross profit dollars in Q2 were $107.3 million, an increase of 34% compared to 2021 [32] - Net income was $9.4 million, down 75% year-over-year due to a favorable tax benefit of $22.2 million in Q2 2021 [32] - Adjusted EBITDA was $26.9 million, flat year-over-year [33] - Operating cash flow increased by 27% year-over-year to $77.2 million [33] - Cash balance at the end of the quarter was $134.9 million, a 25% increase from the previous year [39] Business Line Data and Key Metrics Changes - Agent count at the end of Q2 reached 82,856, up 42% year-over-year [34] - Unit sales transacted were 150,032, a 30% increase from 2021 [35] - Volume was $57.9 billion, up 44% compared to the previous year [35] - Gross margin percentage was 7.6%, down from 8% in Q2 2021 [36] - SG&A expenses increased from $63.4 million to $95.6 million, driven by investments in technology and international expansion [37] Market Data and Key Metrics Changes - The company continues to grow market share across 21 countries, with a competitive model attracting agents internationally [25] - The addressable market is estimated at $467 billion, with significant opportunities in U.S. residential real estate brokerage and professional coaching [46] Company Strategy and Development Direction - The company is focused on expanding its leadership team and enhancing technology to improve workflows and agent productivity [17] - A new marketing suite is set to be rolled out to automate marketing for agents [69] - The acquisition of Zoocasa aligns with the company's alt portal strategy to generate leads and expand its market presence [15] Management's Comments on Operating Environment and Future Outlook - Management noted a slowdown in transactions due to rising interest rates, but expects an increase in buyer volume as rates retreat [9] - The company is adjusting its cost structure in preparation for potential challenges in the second half of 2022 [31] - Management remains optimistic about the growth opportunities in various business lines despite market challenges [55] Other Important Information - The Board of Directors approved a 13% increase in dividends, reflecting confidence in the company's sustainable operating model [29] - The company has zero debt on its balance sheet, indicating a strong financial position [30] Q&A Session Summary Question: What stood out to you from the CFO's perspective? - The organic growth model and the strong performance in the first two-thirds of Q2 were highlighted, despite a slowdown in June [54] Question: Can you quantify the slowdown in operating expenses for the second half of the year? - The company plans to decrease spending by approximately 25% compared to the initial plan for 2022 [57] Question: What is the high-level strategy for the Affiliated Services business? - The strategy involves aligning with partners to capture services attached to real estate transactions and enhancing referral business opportunities [58] Question: What improvements are expected from the myEXP platform? - The goal is to provide agents with a comprehensive portal for transactions and communication, enhancing their productivity [60] Question: Is there an opportunity to expand Zoocasa beyond Canada? - Yes, there are plans to expand into other markets, including Mexico, leveraging existing MLS integrations [62]