Exp World Holdings ( (EXPI) ) has released its Q1 earnings. Here is a breakdown of the information Exp World Holdings presented to its investors.
eXp World Holdings, Inc. is a leading cloud-based real estate brokerage company known for its agent-centric model, offering competitive commission splits and a global network to empower real estate agents.
In its first quarter of 2025, eXp World Holdings reported a slight increase in revenue to $954.9 million, despite facing a net loss of $11 million. The company continues to expand its international presence, having recently entered the markets in Perú and Türkiye, and remains committed to enhancing its technology and training to support agent success.
Key financial highlights include a 1% increase in revenue, a net loss per diluted share of $0.07, and adjusted EBITDA of $2.2 million. The company also reported a 4% increase in real estate sales volume to $38.6 billion, although the number of agents and brokers decreased by 5% to 81,904. eXp distributed $12.6 million to shareholders through stock repurchases and dividends.
Looking ahead, eXp World Holdings aims to continue its international expansion and technological advancements to maintain its competitive edge in the real estate industry. The company remains focused on agent success and is poised to adapt to the evolving market landscape.