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eXp(EXPI) - 2022 Q2 - Earnings Call Presentation
2025-07-08 07:51
Company Overview - eXp World Holdings operates a global cloud-based real estate brokerage and enterprise metaverse platform[5] - The company also has an ecosystem of personal development resources and media[6] - eXp's cloud-based model enables richer unit economics and broader geographical reach for agents[20] Financial Performance - eXp World Holdings' Q2 2022 revenue increased by 42% year-over-year[11] - The company's operating cash flow increased by 27% year-over-year[11] - As of June 30, 2022, eXp World Holdings had $134.9 million in cash and cash equivalents[13] - The company's total revenue for the trailing twelve months (TTM) ending Q2 2022 was $46132 million[16] Agent Growth and Global Expansion - eXp has over 83000 agents as of August 3, 2022[11] - Agent growth in Q2 2022 was 42% year-over-year[18] - eXp is expanding globally with 21 markets worldwide[11] - The company experienced 94% year-over-year international agent growth[25] Agent Value Proposition - eXp returns over 90% of commission to agents, inclusive of revenue share and equity[24] - Agents receive an 80/20 split on first $80000 gross commission income (GCI) with a $16000 yearly cap[30]
eXp Realty Dominates 2025 RealTrends Rankings With 757 Agents and Teams Honored
GlobeNewswire News Room· 2025-06-10 19:00
BELLINGHAM, Wash., June 10, 2025 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that a record-breaking 757 of its agents and teams have been named among the top real estate professionals in the country, according to the 2025 RealTrends Verified America’s Best List. With fewer than 0.1% of agents qualifying nationwide, inclusion in the RealTrends rankings is a rare achievement ...