{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-007649","form_type":"8-K","ticker":"EXPI","cik":"0001495932","company_name":"eXp World Holdings, Inc.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.053324+00:00","generated_at":"2026-06-16T03:19:51.939658+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"eXp World Q1 2023: Revenue down 16% to $851M but net income positive at $1.5M; agent count up 12%","bullets":["Revenue $850.6M (-16% YoY); gross profit $73.1M (-12%); net income $1.5M vs $5.1M prior year.","Adjusted EBITDA $13.3M; operating cash flow (excl. customer deposits) $39M.","Agent count 87,327 (+12% YoY); closed transactions 102,305 (-10% YoY); transaction volume $33.2B (-20%).","International Realty record revenue, up 52% YoY.","Board declared Q2 cash dividend of $0.045/share, payable May 31 to holders of record May 12."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-007649","json":"https://secwatch.observer/filing/0001558370-23-007649.json","markdown":"https://secwatch.observer/filing/0001558370-23-007649.md","text":"https://secwatch.observer/filing/0001558370-23-007649.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1495932/000155837023007649/0001558370-23-007649-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1495932/000155837023007649/expi-20230502x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:19:51.939658+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c5a5d738254e4ce463f468abf979dc3851161d67","claim":"eXp World Holdings, Inc. reported three months ended March 31, 2023 results: revenue $850.6 million, net income $1.5 million, EPS $0.01.","evidence_excerpt":"First Quarter 2023 Consolidated Financial Highlights as Compared to the Same Year-Ago Quarter: ● Revenue decreased 16% to $850.6 million. ● Gross profit decreased 12% to $73.1 million. ● Net income of $1.5 million. Earnings per diluted share of $0.01 compared to earnings per diluted share of $0.06 in the year ago quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1495932/000155837023007649/0001558370-23-007649-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"Revenue","value":"$850.6 million"},{"label":"Net income","value":"$1.5 million"},{"label":"EPS","value":"$0.01"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}