eXp(US:EXPI)2025-06-25 11:27Financial Performance - Revenue increased by 5% from $1,231.1 million in Q2 2023 to $1,295.2 million in Q2 2024[43] - Adjusted EBITDA increased by 22% from $26.8 million in Q2 2023 to $32.8 million in Q2 2024[21, 43] - North America Adjusted EBITDA grew by 13% year-over-year[21, 37] - International realty revenue increased by 69% year-over-year[21] - Share repurchases amounted to $48.2 million during the quarter[46] Operating Metrics - Real estate sales transactions increased by 1% from 119,277 in Q2 2023 to 120,613 in Q2 2024[21, 43] - Real estate sales volume increased by 7% from $48.6 billion in Q2 2023 to $51.9 billion in Q2 2024[21, 43, 55] - North American Realty SG&A/Unit improved 9% year-over-year[21, 35] - Cost per transaction decreased by 8% from $533 in Q2 2023 to $488 in Q2 2024[43, 46] Agent-Related Updates - eXp paid out nearly $7 million in Real Time REVshare in the first 60 days of REVenue Share 2.0[30] - eXp Exclusives participation expanded by 24% quarter over quarter[33] - eXp Luxury agent count grew by 130% compared to Q2 2023[33]