secwatch.observer — SEC 8-K summary
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Issuer:     eXp World Holdings, Inc. (EXPI)
CIK:        0001495932
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001558370-22-015884
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495932/000155837022015884/0001558370-22-015884-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495932/000155837022015884/expi-20221102x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-015884

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer