Fewer transactions result in falling profits for eXp World Holdings in Q2

EXp’s revenue fell 13 percent from the second quarter of 2022 to $1.2 billion, and its gross profit decreased 10 percent to $96.5 million, according to an earnings call Thursday afternoon. Continue reading

EXp cites ‘volatile housing market’ for double-digit sales decline in Q4

EXp World Holdings’ revenue increased 13 percent to $933 million in Q4 2022 as closed transaction sides and volume fell by 13 percent and 16 percent, respectively, according to an earnings call Tuesday afternoon. Continue reading

Revenues rise and profits fall for eXp amid a ‘challenging’ Q3

EXp World Holdings revenue increased 12 percent to $1.2 billion during the third quarter of 2022; however, its profitability slid 81.5 percent to $4.4 million — a reflection of an increasingly choppy market. Continue reading

EXp Realty tallies $1B in revenue as profits, agent count rise in Q1

The company saw its revenue grow 73 percent and its gross profits increase 56 percent to $83.5 million as agent recruitment continued to grow toward a goal of 100K agents by the end of the year, according to an earnings report Wednesday. Continue reading

EXp Realty tallies sixth straight record-breaking quarter in Q3

EXp World Holdings, parent company of eXp Realty, shared third-quarter 2021 earnings results Wednesday. The company raked in $1.1 billion in revenue as its agent count grew 82 percent. Continue reading

EXp World Holdings reports first profitable quarter since NASDAQ listing

The virtual cloud real estate company reported $800,000 in net income for the fourth quarter of 2019 while revenue grew 82 percent. Continue reading

EXp World Holdings posts major revenue gain, losses narrow

EXp World Holdings, the parent company of virtual cloud real estate brokerage eXp Realty, continued its precipitous growth in the third quarter of 2019, posting $282 million in revenue, a year-over-year growth of nearly 80 percent. Continue reading