Business Highlights - eXp Realty improved its aNPS score by 3 points, from 70 to 73[18] - Real estate sales transactions increased by 5%[18] - Revenue increased by 11%[18] - International realty revenue increased by 45%[18] - eXp Realty's market share increased by 4.9% from 4.2% in 2023 to 4.4% in Q1 2024[23] Financial Performance - Revenue increased by 11% to $943.1 million from $848.5 million[41] - Commissions and other agent-related costs increased by 11% to $864.7 million from $776.8 million[41] - Adjusted EBITDA decreased by 24% to $11.0 million from $14.6 million[41] - Adjusted operating cash flow decreased by 24% to $29.4 million from $38.8 million[41] - The company executed share repurchases of $33.0 million during the quarter[44]
eXp(EXPI) - 2024 Q1 - Earnings Call Presentation