Income Statement eXp World Holdings, Inc.

Equities

EXPI

US30212W1009

Real Estate Services

Market Closed - Nasdaq Other stock markets 04:00:00 2025-01-21 pm EST			5-day change	1st Jan Change
11.36 ^USD	+1.16%		+4.22%	-1.30%

Jan. 21	Exp World Holdings Insider Sold Shares Worth $285,905, According to a Recent SEC Filing	MT
Jan. 14	Exp World Holdings Insider Sold Shares Worth $268,563, According to a Recent SEC Filing	MT

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Published financial data: EXP WORLD HOLDINGS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	980M	1.8B	3.77B	4.6B	4.28B
Total Revenues	980M	1.8B	3.77B	4.6B	4.28B
Cost of Goods Sold, Total	896M	1.64B	3.48B	4.23B	3.96B
Gross Profit	84.06M	160M	296M	367M	324M
Selling General & Admin Expenses, Total	92.83M	128M	262M	361M	331M
Other Operating Expenses, Total	92.83M	128M	262M	361M	331M
Operating Income	-8.78M	31.59M	34.15M	5.41M	-7.26M
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-	-	-	-	-
Income (Loss) On Equity Invest.	-34.24K	-51K	-188K	-1.62M	-1.39M
Other Non Operating Income (Expenses)	-247K	-133K	-292K	804K	4.41M
EBT, Excl. Unusual Items	-9.06M	31.4M	33.67M	4.59M	-4.23M
Merger & Related Restructuring Charges	-	-	-	-	-
Asset Writedown	-	-	-	-	-9.2M
EBT, Incl. Unusual Items	-9.06M	31.4M	33.67M	4.59M	-13.44M
Income Tax Expense	497K	413K	-47.49M	-10.84M	-4.46M
Earnings From Continuing Operations	-9.56M	30.99M	81.16M	15.42M	-8.97M
Net Income to Company	-9.56M	30.99M	81.16M	15.42M	-8.97M
Minority Interest	28.91K	141K	61K	18K	-
Net Income - (IS)	-9.53M	31.13M	81.22M	15.44M	-8.97M
Net Income to Common Incl Extra Items	-9.53M	31.13M	81.22M	15.44M	-8.97M
Net Income to Common Excl. Extra Items	-9.53M	31.13M	81.22M	15.44M	-8.97M
Per Share Items
Net EPS - Basic	-0.08	0.22	0.56	0.1	-0.06
Basic EPS - Continuing Operations	-0.08	0.22	0.56	0.1	-0.06
Basic Weighted Average Shares Outstanding	125M	139M	146M	151M	153M
Net EPS - Diluted	-0.08	0.21	0.51	0.1	-0.06
Diluted EPS - Continuing Operations	-0.08	0.21	0.51	0.1	-0.06
Diluted Weighted Average Shares Outstanding	125M	152M	158M	156M	153M
Normalized Basic EPS	-0.05	0.14	0.14	0.02	-0.02
Normalized Diluted EPS	-0.05	0.13	0.13	0.02	-0.02
Dividend Per Share	-	-	0.08	0.17	0.19
Payout Ratio	-	-	14.22	163.38	-317.83
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	-6.39M	35.58M	40.4M	15.25M	3.63M
EBITA	-8.45M	32.22M	35.43M	7.31M	-4.72M
EBIT	-8.78M	31.59M	34.15M	5.41M	-7.26M
EBITDAR	-6.37M	35.87M	40.92M	16.2M	-
Effective Tax Rate - (Ratio)	-5.49	1.32	-141.03	-236.18	33.21
Current Domestic Taxes	320K	275K	456K	737K	1.1M
Current Foreign Taxes	262K	466K	1.65M	2.31M	1.79M
Total Current Taxes	582K	741K	2.11M	3.05M	2.89M
Deferred Domestic Taxes	32.49K	47K	-48.17M	-13.12M	-6.49M
Deferred Foreign Taxes	-117K	-375K	-1.42M	-767K	-861K
Total Deferred Taxes	-84.55K	-328K	-49.59M	-13.88M	-7.35M
Normalized Net Income	-5.63M	19.77M	21.11M	2.89M	-2.64M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Marketing Expenses	3.8M	5.22M	12.18M	15.36M	12.16M
Selling and Marketing Expenses	3.8M	5.22M	12.18M	15.36M	12.16M
General and Administrative Expenses	89.04M	123M	249M	345M	319M
Net Rental Expense, Total	26.85K	292K	518K	951K	-
Stock-Based Comp., COGS (Total)	37.77M	60.97M	144M	164M	135M
Stock-Based Comp., G&A Exp. (Total)	13.3M	15.24M	24.49M	30.86M	43.18M
Stock-Based Comp., Other (Total)	5.74M	6.8M	13.1M	14.44M	10.74M
Total Stock-Based Compensation	56.81M	83.01M	182M	209M	189M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	40.09M	100M	108M	122M	127M
Total Cash And Short Term Investments	40.09M	100M	108M	122M	127M
Accounts Receivable, Total	28.2M	76.95M	133M	87.26M	85.97M
Total Receivables	28.2M	76.95M	133M	87.26M	85.97M
Prepaid Expenses	2.68M	4.81M	9.3M	7.87M	8.2M
Restricted Cash	6.99M	27.78M	67.67M	37.79M	44.02M
Other Current Assets, Total	865K	2.54M	617K	595K	1.42M
Total Current Assets	78.82M	212M	319M	255M	266M
Gross Property Plant And Equipment	10.07M	15.4M	30.1M	39.56M	40.72M
Accumulated Depreciation	-3.38M	-6.74M	-11.71M	-19.28M	-27.73M
Net Property Plant And Equipment	6.69M	8.67M	18.38M	20.28M	12.99M
Goodwill	8.25M	12.94M	12.94M	27.21M	16.98M
Other Intangibles, Total	2.68M	8.35M	7.53M	8.7M	10.48M
Deferred Tax Assets Long-Term	-	-	52.83M	68.68M	71.34M
Other Long-Term Assets, Total	15.76K	-	2.83M	1.7M	7.4M
Total Assets	96.45M	242M	414M	382M	386M
Liabilities
Accounts Payable, Total	2.59M	3.96M	7.16M	10.39M	8.9M
Accrued Expenses, Total	29.83M	61.74M	109M	76.82M	86.96M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	916K	1.42M	-	-	-
Current Portion of Leases	435K	746K	311K	175K	10K
Current Income Taxes Payable	1.21M	1.01M	2.55M	2.12M	1.22M
Other Current Liabilities	6.99M	27.78M	67.67M	37.79M	44.55M
Total Current Liabilities	41.97M	96.65M	187M	127M	142M
Long-Term Debt	1.53M	2.88M	2.71M	4.7M	20K
Long-Term Leases	830K	74K	765K	694K	-
Total Liabilities	44.32M	99.6M	190M	133M	142M
Common Stock, Total	662	1K	1K	2K	2K
Additional Paid In Capital	131M	218M	401M	612M	805M
Retained Earnings	-70.29M	-39.16M	30.51M	20.72M	-16.77M
Treasury Stock	-8.62M	-37.99M	-210M	-385M	-546M
Comprehensive Income and Other	200K	247K	188K	236K	332K
Total Common Equity	51.97M	142M	222M	248M	243M
Minority Interest	161K	1M	1.36M	1.17M	1.17M
Total Equity	52.13M	143M	224M	249M	244M
Total Liabilities And Equity	96.45M	242M	414M	382M	386M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	131M	144M	149M	153M	155M
ECS Total Common Shares Outstanding	131M	144M	149M	153M	155M
Book Value / Share	0.4	0.98	1.49	1.62	1.57
Tangible Book Value	41.04M	120M	202M	212M	215M
Tangible Book Value Per Share	0.31	0.83	1.36	1.39	1.39
Total Debt	3.71M	5.11M	3.79M	5.57M	30K
Net Debt	-36.38M	-95.03M	-104M	-116M	-127M
Debt Equivalent Oper. Leases	215K	2.34M	4.14M	7.61M	-
Minority Interest, Total (Incl. Fin. Div)	161K	1M	1.36M	1.17M	1.17M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	8.45M	13.85M	20.85M	34.23M	39.7M
Full Time Employees	634	900	1.67K	2.02K	2.11K
Part Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	137K	1.88M	2.2M	4.01M	2.3M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-9.53M	31.13M	81.22M	15.44M	-8.97M
Depreciation & Amortization - CF	2.06M	3.36M	4.97M	7.93M	8.35M
Amortization of Goodwill and Intangible Assets - (CF)	327K	629K	1.27M	1.9M	2.54M
Depreciation & Amortization, Total	2.38M	3.99M	6.25M	9.84M	10.89M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-	472K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	361K	-
Asset Writedown & Restructuring Costs	-	225K	-	-	9.2M
(Income) Loss On Equity Investments - (CF)	34.24K	51K	188K	1.62M	1.39M
Stock-Based Compensation (CF)	56.81M	83.01M	182M	209M	189M
Provision and Write-off of Bad Debts	-	1.74M	319K	1.82M	-1.71M
Other Operating Activities, Total	111K	17K	-54.2M	-15.72M	-2.51M
Change In Accounts Receivable	-10.76M	-50.19M	-56.86M	44.94M	3.47M
Change In Accounts Payable	1.41M	1.36M	3.17M	2.43M	-1.49M
Change in Other Net Operating Assets	14.72M	48.32M	84.77M	-59.6M	9.24M
Cash from Operations	55.19M	120M	247M	211M	209M
Capital Expenditure	-5M	-6.44M	-13.42M	-12.05M	-5.36M
Cash Acquisitions	-1.5M	-10.5M	-2.5M	-9.91M	-
Divestitures	-	-	-	-	330K
Sale (Purchase) of Intangible assets	-140K	-	-	-	-2.59M
Investment in Marketable and Equity Securities, Total	-	-	-3M	-500K	-5.88M
Other Investing Activities, Total	-50K	-25K	-	-	-
Cash from Investing	-6.69M	-16.96M	-18.92M	-22.46M	-13.5M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	2.3M	6.95M	3.62M	612K	4.98M
Repurchase of Common Stock	-27.06M	-29.37M	-172M	-179M	-161M
Common Dividends Paid	-	-	-11.55M	-25.23M	-28.52M
Common & Preferred Stock Dividends Paid	-	-	-11.55M	-25.23M	-28.52M
Other Financing Activities, Total	190K	532K	19K	-424K	-
Cash from Financing	-24.57M	-21.89M	-180M	-205M	-184M
Foreign Exchange Rate Adjustments	106K	47K	-59K	-87K	-38K
Net Change in Cash	24.03M	80.85M	47.99M	-16.53M	11.5M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	130K	754K	1.33M	3.41M	2.73M
Levered Free Cash Flow	49M	80.83M	189M	229M	196M
Unlevered Free Cash Flow	49M	80.83M	189M	229M	196M
Change In Net Working Capital	-434K	19.48M	6.98M	-18.18M	-8.41M
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-7.2	11.66	6.51	0.85	-1.18
Return on Total Capital	-12.41	19.4	11.38	1.4	-1.82
Return On Equity %	-23.28	31.83	44.33	6.53	-3.64
Return on Common Equity	-23.25	32.17	44.66	6.57	-3.66
Margin Analysis
Gross Profit Margin %	8.58	8.88	7.85	7.98	7.57
SG&A Margin	9.47	7.12	6.94	7.86	7.74
EBITDA Margin %	-0.65	1.98	1.07	0.33	0.08
EBITA Margin %	-0.86	1.79	0.94	0.16	-0.11
EBIT Margin %	-0.9	1.76	0.91	0.12	-0.17
Income From Continuing Operations Margin %	-0.98	1.72	2.15	0.34	-0.21
Net Income Margin %	-0.97	1.73	2.15	0.34	-0.21
Net Avail. For Common Margin %	-0.97	1.73	2.15	0.34	-0.21
Normalized Net Income Margin	-0.57	1.1	0.56	0.06	-0.06
Levered Free Cash Flow Margin	5	4.49	5.02	4.97	4.58
Unlevered Free Cash Flow Margin	5	4.49	5.02	4.97	4.58
Asset Turnover
Asset Turnover	12.87	10.62	11.5	11.56	11.16
Fixed Assets Turnover	207.79	234.17	278.82	237.86	257.39
Receivables Turnover (Average Receivables)	42.96	34.21	35.84	41.66	49.43
Short Term Liquidity
Current Ratio	1.88	2.2	1.71	2	1.88
Quick Ratio	1.63	1.83	1.29	1.64	1.5
Operating Cash Flow to Current Liabilities	1.32	1.24	1.32	1.65	1.48
Days Sales Outstanding (Average Receivables)	8.5	10.7	10.18	8.76	7.38
Average Days Payable Outstanding	0.89	0.73	0.58	0.76	0.89
Long Term Solvency
Total Debt/Equity	7.12	3.59	1.7	2.24	0.01
Total Debt / Total Capital	6.64	3.46	1.67	2.19	0.01
LT Debt/Equity	4.53	2.07	1.56	2.17	0.01
Long-Term Debt / Total Capital	4.22	2	1.53	2.12	0.01
Total Liabilities / Total Assets	45.95	41.13	45.98	34.76	36.73
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	-0.58	0.14	0.09	0.34	0.01
Net Debt / EBITDA	5.71	-2.65	-2.55	-7.16	-27.66
Total Debt / (EBITDA - Capex)	-0.33	0.17	0.14	1.34	-0.04
Net Debt / (EBITDA - Capex)	3.2	-3.23	-3.8	-27.99	163.03
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	95.93	83.51	109.71	21.93	-6.9
Gross Profit, 1 Yr. Growth %	107.89	89.89	85.47	23.94	-11.68
EBITDA, 1 Yr. Growth %	-70.25	-656.31	13.56	-62.26	-76.16
EBITA, 1 Yr. Growth %	-62.2	-481.16	9.96	-79.36	-164.52
EBIT, 1 Yr. Growth %	-60.79	-459.8	8.12	-84.16	-234.21
Earnings From Cont. Operations, 1 Yr. Growth %	-57.39	-424.26	161.89	-81	-158.18
Net Income, 1 Yr. Growth %	-57.52	-426.73	160.9	-80.99	-158.11
Normalized Net Income, 1 Yr. Growth %	-59.68	-450.9	6.77	-86.33	-191.67
Diluted EPS Before Extra, 1 Yr. Growth %	-60.97	-362.5	142.86	-80.39	-160
Accounts Receivable, 1 Yr. Growth %	61.78	172.91	73.47	-34.63	-1.48
Net Property, Plant and Equip., 1 Yr. Growth %	144.29	29.51	112.11	10.3	-35.95
Total Assets, 1 Yr. Growth %	72.71	151.1	70.87	-7.77	1.04
Tangible Book Value, 1 Yr. Growth %	113.76	193.09	67.68	5.06	1.64
Common Equity, 1 Yr. Growth %	73.34	172.45	56.92	11.55	-2.01
Cash From Operations, 1 Yr. Growth %	127	116.83	106.33	-14.73	-0.67
Capital Expenditures, 1 Yr. Growth %