earnings
confidence high
sentiment neutral
materiality 0.75
eXp World Holdings: FY2024 rev +7% to $4.6B, net loss $21.3M; declares $0.05 Q1 dividend
eXp World Holdings, Inc.
2024-FY EPS reported
-$0.14
revenue$4,567,672,000
- FY2024 revenue $4.6B (+7% YoY); net loss $21.3M includes $34M litigation accrual and $4.9M goodwill impairment.
- Q4 revenue $1.1B; net loss $9.5M; adjusted EBITDA $7.7M; adjusted net loss $4.6M ($0.03 diluted share).
- Cash and cash equivalents $113.6M (down from $125.9M); distributed $171.2M to shareholders via buybacks ($141.1M) and dividends ($30.1M).
- Agent count 82,980 (-5%), but Q4 transactions +6% to 103,942 and transaction volume +17% to $45.3B.
- Board declared $0.05/share cash dividend, payable March 19 to holders of record March 4.