eXp World Q3 revenue record $1.2B (+12%), net income falls to $4.4M; $0.045 dividend

eXp World Holdings, Inc.

2022-Q3 EPS reported $0.14 revenue$3,664,766,000

Revenue $1.2B (+12% YoY); gross profit $93.1M (+17%); net income $4.4M vs $23.8M; EPS $0.03 vs $0.15.
Adjusted EBITDA $12.3M; cash $134.5M; repurchased ~$59.8M of stock in Q3.
Agent count up 30% to 84,911; closed transactions 138,354 (+6%); transaction volume $50.4B (+8%).
Declared Q4 cash dividend of $0.045/share payable Nov 28 to holders of record Nov 14.
Expanded into Chile and Poland; launched services Revenos, eXp Solutions, eXp Luxury, and SUCCESS Health.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

eXp World Holdings, Inc. reported third quarter ended Sept. 30, 2022 results: revenue $1.2 billion, net income $4.4 million, EPS $0.03.

Period: third quarter ended Sept. 30, 2022
Revenue: $1.2 billion
Net income: $4.4 million
EPS: $0.03
Result: reported results

Exact text from the filing

Third Quarter 2022 Financial Highlights as Compared to the Same Year-Ago Quarter: ● Revenue increased 12% to $1.2 billion. ● Gross profit increased 17% to $93.1 million. ● Net income of $4.4 million, compared to net income of $23.8 million in the year-ago quarter. Earnings per diluted share of $0.03, compared to earnings per diluted share of $0.15 in the year-ago quarter.

View on SEC.gov

170 earnings releases filed in the last 30 days. Browse all earnings releases →

eXp World Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-22-015884

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.