NASDAQ$EXPI

eXp World Holdings Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

eXp World Holdings reported its financial results for the fourth quarter and fiscal year ended December 31, 2024.

eXp World Holdings reported a revenue of $1.1 billion in Q4 2024, marking a 7% increase year-over-year. The company experienced a net loss of $(9.5) million for the quarter, which included a $4.9 million impairment charge. Despite the loss, eXp saw growth in real estate sales transactions and transaction volume.

  • Fourth quarter revenue increased to $1.1 billion.
  • Net loss for the fourth quarter was $(9.5) million, including a $4.9 million impairment charge.
  • Real estate sales transactions increased 6% year-over-year to 103,942.
  • Transaction volume increased 17% year-over-year to $45.3 billion.

Headline financials

Total Revenue

$1.1B

Previous: $983M+11.9%
EPS (adj)

-$0.03

Previous: -$0.08+62.5%
aNPS

76

Previous: 77-1.3%
Transaction Sides

104.1K

Previous: 98.1K+6.2%
Sales Volume

$45.2B

Previous: $38.7B+16.7%
Adjusted EBITDA

$7.69M

No prior period
Capital Expenditures

-$2.3M

Previous: -$1.83M-25.4%
Net Income

-$9.51M

Previous: -$21.2M+55.2%
Operating Income

-$11M

Previous: -$27.7M+60.3%
Gross Profit

$78.9M

Previous: $70.9M+11.2%
R&D Expense

$14.8M

No prior period

Revenue & EPS history

eXp World · Revenue · Quarterly

$1.1B

Q4 2024+11.9%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

eXp World Holdings anticipates continued growth and innovation in its platform, aiming to expand its suite of technology tools and learning opportunities for agent success. The company expects to make bold moves across the company in 2025 and partner with new and experienced agents to turbocharge their success.

Tailwinds

  • Continued focus on agent-centric platform offering unlimited growth opportunities.
  • Anticipated further innovations in the platform and expansion of technology tools.
  • Expectation of making bold moves across the company in 2025.
  • Partnerships with new and experienced agents to turbocharge success.
  • Strong momentum from Q4 2024, with top U.S. agents closing over $100 million in transaction volume in December.

Headwinds

  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.3%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+3.2%

Avg return

30 days after

43%

19 / 44 earnings

Positive

+42.1%

Q2 2021

Best reaction

-14.0%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-8.9%-28.0%-28.8%
Q4 2025-2.7%-7.9%-19.8%
Q3 2025+11.2%+11.3%+12.8%
Q1 2025-14.0%-9.8%+1.8%
Q4 2024-9.5%-7.8%-12.2%
Q3 2024-2.5%+1.1%-7.6%
Q2 2024-9.6%-10.8%-17.2%
Q1 2024+13.0%+20.2%+12.6%
Q4 2023-1.4%+11.0%-11.8%
Q3 2023+7.0%+2.2%-2.1%
Q2 2023+0.1%+2.2%-21.3%
Q1 2023+11.1%+13.2%+33.2%
Q4 2022-6.5%-2.0%-3.2%
Q3 2022-13.7%-15.6%-1.6%
Q2 2022-4.6%+7.2%-20.7%
Q1 2022+2.2%-8.2%-2.8%
Q4 2021+11.9%+12.5%-8.1%
Q3 2021-11.1%-12.3%-33.1%
Q2 2021+42.1%+52.9%+41.8%
Q1 2021-8.5%-13.0%+9.9%
Q4 2020+14.3%-32.7%-30.9%
Q3 2020-13.6%-7.7%+22.7%
Q2 2020+16.0%+28.4%+69.2%
Q1 2020+2.7%+1.5%+36.4%
Q4 2019+18.8%+10.6%-4.0%
Q3 2019+0.0%+4.6%+22.8%
Q2 2019-9.8%-6.1%-17.0%
Q1 2019-1.3%-4.9%+0.3%
Q4 2018+6.2%+5.1%-3.1%
Q3 2018-5.1%-0.8%-19.3%
Q2 2018-6.0%-6.9%+0.1%
Q4 2017+9.6%+16.5%+46.5%
Q1 2018+9.6%+16.5%+46.5%
Q3 2017+0.0%-1.7%+24.0%
Q2 2017+2.4%+3.2%-11.8%
Q1 2017+0.0%-1.4%-15.6%
Q4 2016-1.1%+0.8%-3.3%
Q3 2016-1.8%+3.7%+0.2%
Q2 2016-1.4%-3.4%+41.2%
Q1 2016+5.5%
Q4 2015+10.6%
Q3 2015-6.8%
Q2 2015+1.2%
Q4 2014+0.0%

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