Annuncio • Jun 01
EXP World Holdings, Inc. Announces Update On Class Action Settlement EXP World Holdings, Inc. had been named as a defendant in a putative nationwide class action on behalf of home buyers captioned Batton et al. v. Compass, Inc., et al. (U.S. District Court for the Northern District of Illinois) (the Batton Action). In connection with a related buy-side class action, Tuccori v. At World Properties, et al. (U.S. District Court for the Northern District of Illinois) (the Tuccori Action), the Company entered into an Opt-In Settlement Agreement on April 14, 2026 (the Opt-In Settlement Agreement) to participate in the settlement structure established in the Tuccori Action (the Tuccori Settlement). On May 26, 2026, the U.S. District Court for the Northern District of Illinois granted preliminary approval of the Tuccori Settlement, including the Company's participation pursuant to the Opt-In Settlement Agreement. The Tuccori Settlement remains subject to final court approval and will be effective following any appeals process, if any. The Company anticipates that the Tuccori Settlement will apply to any claims based on any or all of the same factual predicates as those asserted in the Batton Action. Declared Dividend • May 18
First quarter dividend of US$0.05 announced Shareholders will receive a dividend of US$0.05. Ex-date: 22nd May 2026 Payment date: 5th June 2026 Dividend yield will be 4.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (37% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 5 years and payments have been stable during that time. Annuncio • May 14
eXp World Holdings, Inc. Provides Earnings Guidance for the Second Quarter of 2026 eXp World Holdings, Inc. provided earnings guidance for the Second quarter of 2026. For the quarter, the company expects revenue between $1.36 billion and $1.45 billion. Reported Earnings • May 12
First quarter 2026 earnings released: US$0.031 loss per share (vs US$0.071 loss in 1Q 2025) First quarter 2026 results: US$0.031 loss per share (improved from US$0.071 loss in 1Q 2025). Revenue: US$1.01b (up 5.3% from 1Q 2025). Net loss: US$5.10m (loss narrowed 54% from 1Q 2025). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 11% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • May 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to €5.15. The fair value is estimated to be €6.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Meanwhile, the company became loss making. Annuncio • May 11
eXp World Holdings, Inc. Declares Cash Dividend for the Second Quarter of 2026, Payable on June 5, 2026 On April 23, 2026, eXp World Holdings, Inc.’s Board of Directors declared a cash dividend of $0.05 per share of common stock for the second quarter of 2026, expected to be paid on June 5, 2026 to stockholders of record on May 22, 2026. Annuncio • May 08
Exp World Holdings, Inc. Announces Appointment of Mario J Alvarez Jr as Executive At Exp Commercial eXp World Holdings, Inc. announced that Mario J Alvarez Jr has joined eXp Commercial. Alvarez is a seasoned executive and entrepreneur with more than 20 years of experience in the commercial real estate sector. Based in Southern California, Alvarez is widely recognized as a dominant force in the Inland Empire, San Gabriel Valley, Coachella Valley, and High Desert markets. Alvarez previously served as a Market Leader and Managing Director at Marcus & Millichap, where he oversaw 50 agents and a portfolio featuring over $5 billion in listed inventory across the United States. His leadership spanned approximately 415 transactions across diverse asset classes, including Hospitality, Multi-Family, Retail, and Industrial. His resume includes tenures as Executive Vice President at NAI Capital and Managing Director at Newmark, where he spearheaded private-capital retail investment sales. Annuncio • Apr 29
eXp World Holdings, Inc. to Report Q1, 2026 Results on May 11, 2026 eXp World Holdings, Inc. announced that they will report Q1, 2026 results on May 11, 2026 Buy Or Sell Opportunity • Apr 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 38% to €4.92. The fair value is estimated to be €6.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Mar 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 45% to €4.97. The fair value is estimated to be €6.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Meanwhile, the company became loss making. Declared Dividend • Mar 01
Fourth quarter dividend of US$0.05 announced Shareholders will receive a dividend of US$0.05. Ex-date: 9th March 2026 Payment date: 27th March 2026 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (30% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 5 years and payments have been stable during that time. Annuncio • Feb 26
eXp World Holdings, Inc., Annual General Meeting, Apr 24, 2026 eXp World Holdings, Inc., Annual General Meeting, Apr 24, 2026. Reported Earnings • Feb 25
Full year 2025 earnings released: US$0.14 loss per share (vs US$0.11 loss in FY 2024) Full year 2025 results: US$0.14 loss per share (further deteriorated from US$0.11 loss in FY 2024). Revenue: US$4.77b (up 4.5% from FY 2024). Net loss: US$22.7m (loss widened 35% from FY 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Buy Or Sell Opportunity • Jan 28
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €7.68. The fair value is estimated to be €6.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Annuncio • Jan 28
eXp World Holdings, Inc. to Report Q4, 2025 Results on Feb 24, 2026 eXp World Holdings, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 24, 2026 Annuncio • Jan 22
Bernstein Litowitz Berger & Grossmann Wins Precedent-Setting Ruling in Delaware Court of Chancery Case Alleging Oversight Failures Relating to Sexual Misconduct against eXp World Holdings, Inc In a milestone decision by Delaware Chancellor Kathaleen St. Jude McCormick, the Delaware Court of Chancery has ruled that directors’ duty of oversight extends to investigating and remediating claims of workplace sexual misconduct and that failure to do so could constitute a breach of fiduciary duty by corporate officers and directors. In a 90-page decision, Chancellor McCormick denied a motion to dismiss by directors and senior executives of global real estate brokerage eXp World Holdings. The Court also affirmed that such individuals could be liable for failing to appropriately respond to credible claims of sexual abuse brought by eXp agents. The case is believed to the first decision by the Court of Chancery upholding claims of alleged corporate governance oversight failures stemming from claims of sexual misconduct. Leading investor law firm Bernstein Litowitz Berger & Grossmann, together with the Office of the Los Angeles City Attorney, filed the case in October 2024 on behalf of the Los Angeles City Employees Retirement System (LACERS), which holds shares in eXp. The derivative suit, in which investors bring claims on behalf of the company, follows widely-reported allegations that eXp agents – including two of the firm’s top producers – repeatedly drugged and sexually assaulted female agents at company sponsored events; some of the assaults were allegedly captured on video and shared on social media. Annuncio • Dec 13
Exp Realty Announces Executive Changes eXp Realty® the core subsidiary of eXp World Holdings, Inc. announced two pivotal executive promotions designed to accelerate the company’s mission of empowering agents globally. Carrie Lysenko, previously Chief Executive Officer of Zoocasa, has been promoted to Chief Technology Officer of eXp Realty. Additionally, Holly Mabery, previously Senior Vice President of Brokerage Operations, has been elevated to the newly created role of Chief Brokerage Officer. Both leaders will report directly to Leo Pareja, CEO of eXp Realty. Holly Mabery, a trusted voice in the industry and a champion for agent success, steps into the newly created role of Chief Brokerage Officer. Promoted to SVP of Brokerage Operations in 2024, Mabery has been instrumental in refining the state brokerage teams and compliance framework and that supports eXp’s rapid scale. As eXp Realty continues to redefine the global real estate landscape, the appointments of Lysenko and Mabery signal a unified strategic direction, one where the speed of technological innovation is matched only by the strength of operational integrity. These leadership changes take effect immediately, positioning the brokerage to deliver unparalleled value to its agents and their clients in 2026 and beyond. The Company also announced that Sumanth Kamath, who served as Chief Technology Officer since March 2024, has decided to leave eXp Realty to pursue a new leadership opportunity. eXp Realty thanks Kamath for his contributions and wishes him continued success in his next chapter. Annuncio • Nov 07
eXp World Holdings, Inc. Declares Cash Dividend for the Fourth Quarter of 2025, Payable on December 1, 2025 On October 25, 2025, eXp World Holdings, Inc.'s Board of Directors declared a cash dividend of $0.05 per share of common stock for the fourth quarter of 2025, expected to be paid on December 1, 2025 to stockholders of record on November 17, 2025. Annuncio • Oct 16
eXp World Holdings, Inc. to Report Q3, 2025 Results on Nov 06, 2025 eXp World Holdings, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 06, 2025 Annuncio • Aug 01
eXp World Holdings, Inc. Declares Cash Dividend for the Third Quarter of 2025, Payable on August 29, 2025 eXp World Holdings, Inc. declared cash dividend of $0.05 per share of common stock for the third quarter of 2025, expected to be paid on August 29, 2025 to stockholders of record on August 15, 2025. Annuncio • Jul 16
eXp World Holdings, Inc. to Report Q2, 2025 Results on Jul 31, 2025 eXp World Holdings, Inc. announced that they will report Q2, 2025 results on Jul 31, 2025 Annuncio • Jul 02
eXp World Holdings, Inc Announces Appointment of Jesse Hill as Chief Financial Officer, Effective July 2, 2025 eXp World Holdings, Inc. announced that Jesse Hill has been appointed Chief Financial Officer, effective immediately. Hill has served as the Company’s Interim CFO and principal financial officer since April 2025. His permanent appointment follows a highly effective transitional period during which he demonstrated exceptional financial leadership, operational excellence, and strategic vision aligned with the company’s mission to be the most agent-centric real estate brokerage on the planet. Recognized as a 2025 Finance Leader by HousingWire, Hill brings extensive experience in financial management and has been instrumental in eXp’s international expansion efforts. During his time as Interim CFO and previously as VP of International Finance & Corporate FP&A, Hill led major initiatives that contributed to record growth in eXp’s international business. Hill joined eXp in 2019 and has held a series of strategic finance leadership roles. Prior to eXp, he held financial positions at The Walt Disney Company, Nissan Motor Corporation, and General Motors. In 2025, he was named a Finance Leader by HousingWire in recognition of his impact on the real estate and mortgage sectors. Annuncio • May 07
eXp World Holdings, Inc. Declares Cash Dividend for the First Quarter of 2025, Payable June 4, 2025 On May 5, 2025, eXp World Holdings, Inc. declared a cash dividend of $0.05 per share of common stock for the first quarter of 2025, expected to be paid on June 4, 2025 to stockholders of record on May 19, 2025. Annuncio • Apr 18
eXp World Holdings, Inc. to Report Q1, 2025 Results on May 06, 2025 eXp World Holdings, Inc. announced that they will report Q1, 2025 results on May 06, 2025 Annuncio • Mar 18
eXp World Holdings, Inc. Announces Chief Financial Officer Changes eXp World Holdings, Inc. announced that Jesse Hill, VP, International Finance & Corporate FP&A of, eXp Realty has been named Interim Chief Financial Officer of the company effective April 1, 2025. It is anticipated that current Principal Financial Officer Kent Cheng will transition into an advisory role on March 31, 2025, and will remain at the Company until August 31, 2025 to support the transition. The Company and its Board of Directors continue to conduct an active search for a permanent Chief Financial Officer among highly qualified external and internal candidates. Annuncio • Mar 11
eXp World Holdings, Inc., Annual General Meeting, Apr 25, 2025 eXp World Holdings, Inc., Annual General Meeting, Apr 25, 2025. Annuncio • Feb 22
eXp World Holdings, Inc. Declares Cash Dividend for the First Quarter of 2025, Payable on March 19, 2025 On February 14, 2025, the eXp World Holdings, Inc.’s Board of Directors declared a cash dividend of $0.05 per share of common stock for the first quarter of 2025, expected to be paid on March 19, 2025 to stockholders of record on March 4, 2025. Annuncio • Feb 06
eXp World Holdings, Inc. to Report Q4, 2024 Results on Feb 20, 2025 eXp World Holdings, Inc. announced that they will report Q4, 2024 results on Feb 20, 2025 Annuncio • Oct 24
eXp World Holdings, Inc. to Report Q3, 2024 Results on Nov 07, 2024 eXp World Holdings, Inc. announced that they will report Q3, 2024 results on Nov 07, 2024 Annuncio • Aug 03
eXp World Holdings, Inc. Declares Cash Dividend for the Third Quarter of 2024, Payable on August 30, 2024 On July 26, 2024, the Board of Directors of eXp World Holdings, Inc. declared a cash dividend of $0.05 per share of common stock for the third quarter of 2024, expected to be paid on August 30, 2024 to stockholders of record on August 14, 2024. Annuncio • Jul 17
eXp World Holdings, Inc. to Report Q2, 2024 Results on Jul 31, 2024 eXp World Holdings, Inc. announced that they will report Q2, 2024 results on Jul 31, 2024 Recent Insider Transactions • Jun 01
Founder recently sold €255k worth of stock On the 29th of May, Glenn Sanford sold around 25k shares on-market at roughly €10.22 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Glenn has been a net seller over the last 12 months, reducing personal holdings by €9.3m. Upcoming Dividend • May 06
Upcoming dividend of US$0.05 per share Eligible shareholders must have bought the stock before 10 May 2024. Payment date: 27 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.3%). Annuncio • May 03
eXp World Holdings, Inc. Declares Cash Dividend for the Second Quarter of 2024, Payable on May 27, 2024 On April 24, 2024, the Board of Directors of eXp World Holdings, Inc. declared a cash dividend of $0.05 per share of common stock for the second quarter of 2024, expected to be paid on May 27, 2024 to stockholders of record on May 13, 2024. Annuncio • Apr 26
Exp Realty Appoints Wendy Forsythe as Chief Marketing Officer to Propel Agent-Centric Initiatives and Amplify Brand Reach eXp Realty, core subsidiary of eXp World Holdings, Inc. announced the appointment of Wendy Forsythe as Chief Marketing Officer. She will be responsible for building eXp Realty’s marketing strategies and initiatives globally, enhancing the company's brand visibility and further empowering its agents worldwide. In her role as Chief Marketing Officer, Forsythe will oversee all aspects of eXp Realty’s marketing strategy, from brand management and advertising to digital marketing and public relations. Her strategic vision will focus on strengthening eXp Realty’s position as a leader in the real estate industry while enhancing the innovative tools and services that empower eXp Realty agents. Forsythe brings over two decades of industry experience to her new role. Before joining eXp Realty, she held executive positions at several high-profile real estate companies including Compass, Fathom and HomeSmart International. A seasoned executive, she has been instrumental in developing and executing growth strategies that significantly increased brand recognition and market share. Annuncio • Apr 19
eXp World Holdings, Inc. to Report Q1, 2024 Results on May 01, 2024 eXp World Holdings, Inc. announced that they will report Q1, 2024 results on May 01, 2024 Annuncio • Mar 28
eXp World Holdings, Inc., Annual General Meeting, May 13, 2024 eXp World Holdings, Inc., Annual General Meeting, May 13, 2024, at 12:00 US Eastern Standard Time. Agenda: To consider election of six directors; to consider ratification of appointment of independent auditor for 2024; to consider approval, by a non-binding, advisory vote, of the 2023 compensation of our named executive officers; and to consider approval of company 2024 Equity Incentive Plan; and to consider other matters. Annuncio • Feb 03
eXp World Holdings, Inc. to Report Fiscal Year 2023 Results on Feb 22, 2024 eXp World Holdings, Inc. announced that they will report fiscal year 2023 results on Feb 22, 2024 Annuncio • Dec 16
eXp World Holdings, Inc. Announces Resignation of Jason Gesing, as Member of the Board Effective on January 10, 2024 On December 11, 2023, Jason Gesing, a member of the Board of Directors (the “Board”) of eXp World Holdings, Inc. (the “Company”), a member of the Board’s Sustainability Committee, and the Company’s Chief Industry Relations Officer, notified the Board that he intends to resign as a member of the Board, effective on the earlier of: (i) January 10, 2024, or (ii) such date that the Board appoints a new member to the Board to fill his vacancy. Mr. Gesing’s resignation is not the result of any disagreement with the Company on any matter relating to its operations, policies or practices. Mr. Gesing will remain employed by the Company in his non-executive officer capacity as the Company’s Chief Industry Relations Officer. Annuncio • Nov 04
eXp World Holdings, Inc. Declares Cash Dividend for the Fourth Quarter of 2023, Expected to Be Paid on Nov. 30, 2023 eXp World Holdings, Inc. declared a cash dividend of $0.05 per share of common stock for the fourth quarter of 2023, expected to be paid on Nov. 30, 2023, to stockholders of record on Nov. 16, 2023. Annuncio • Oct 20
eXp World Holdings, Inc. to Report Q3, 2023 Results on Nov 02, 2023 eXp World Holdings, Inc. announced that they will report Q3, 2023 results on Nov 02, 2023 Annuncio • Sep 08
Exp World Holdings, Inc. Announces Board Changes eXp World Holdings, Inc. announced the appointment of Net Promoter System (NPS) creator Fred Reichheld to the Company's board of directors, effective Sept. 7, 2023. Mr. Reichheld has more than 45 years of experience as a leading expert on customer and employee loyalty. Mr. Reichheld joined Bain & Company, Inc., a global business consulting firm, in 1977, was elected to the partnership of Bain & Company, Inc. in 1982, and was elected as the first Bain Fellow in January 1999, a position he continues to hold currently. Mr. Reichheld is the creator of the Net Promoter® system of management and founded Bain's Loyalty practice, which helps clients achieve superior results through improvements in customer, employee, partner and investor loyalty and has also served in a variety of other roles, including as a member of Bain & Company's Worldwide Management, Nominating, and Compensation Committees. Mr. Reichheld is a frequent speaker to major business forums and groups of CEOs and senior executives worldwide and has authored several books, including Winning on Purpose and The Ultimate Question 2.0. Since 2015, Mr. Reichheld has served as a member of FirstService Corp.’s Board of Directors and currently serves on its Nominating and Corporate Governance Committee. Since 2020, Mr. Reichheld has also served as a member of Bilt, Inc.’s Board of Directors. Mr. Reichheld received his Bachelor of Arts in Economics from Harvard University and his Master of Business Administration from Harvard Business School. Concurrent with Reichhelds appointment, Sir Darren Jacklin will step down but continue to serve on the eXp Realty Canada Board of Directors. Following these changes, the eXp World Holdings board will comprise seven directors, four of whom are independent. Jacklin served on the eXp World Holdings Board of Directors for nearly 10 years. Darren has been an integral part of this company. Annuncio • Aug 05
eXp World Holdings, Inc. Declares Cash Dividend for the Third Quarter of 2023, Payable on September 4, 2023 On July 28, 2023, eXp World Holdings, Inc.’s Board of Directors declared a cash dividend of $0.05 per share of common stock for the third quarter of 2023, expected to be paid on September 4, 2023 to stockholders of record on August 18, 2023. Annuncio • Jul 28
eXp World Holdings, Inc. to Report Q2, 2023 Results on Aug 03, 2023 eXp World Holdings, Inc. announced that they will report Q2, 2023 results on Aug 03, 2023 Annuncio • Jun 30
eXp World Holdings, Inc. Announces Program for Culturally Aligned Independent Teams and Brokerages eXp World Holdings, Inc. announced the launch of its Boost program, designed to financially incentivize qualifying independent teams and brokerages to join eXp Realty. As part of this program, eXp Realty will provide financial incentives to independent teams and brokerages that are culturally aligned, have more than 50 agents and a minimum of $100 million (US/CAN) in sales volume in the originating country over the previous 12-month fiscal period. International qualifications to be released. Additional qualifications apply. cannot be affiliated with any non-independent franchise. To ease any potential financial barriers to entry, Boost provides an incentive model that simplifies a move to eXp Realty. Once onboarded, the new brokerage can immediately begin reaping the benefits of joining eXp Realty, including stock equity, no overhead costs, no brokerage risk or liability, brokerage support and operations, agent support and services, revenue share opportunities and much more. Qualifying Criteria: As part o of this program, eX p.p Realty will provide financial incentive to independent teams and brokererages that are culturally aligned, has more than 50 agents and a maximum of $100 million (US/CAN) in sales volume in the originated country over the previous 12- month fiscal period. International qualifications to been released. Additional qualifications apply. Must be affiliated with any non- independent franchise. Must be culturally aligned with and committed to adhering to the eXp Realty model. Must be invested in their continued growth with eXp Realty. Must participate in the eXp Realty revenue share and agent equity programs. Must agree to incentive and retention terms and timelines. eXp Realty reserves the right, in its sole discretion, to determine which qualifying independent teams and brokerages and the financial incentives that it will select and approve. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: US$0.01 (vs US$0.06 in 1Q 2022) First quarter 2023 results: EPS: US$0.01 (down from US$0.06 in 1Q 2022). Revenue: US$850.6m (down 16% from 1Q 2022). Net income: US$1.45m (down 84% from 1Q 2022). Profit margin: 0.2% (down from 0.9% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 35% decline forecast for the Real Estate industry in Germany. Annuncio • Feb 17
eXp World Holdings, Inc. to Report Q4, 2022 Results on Feb 28, 2023 eXp World Holdings, Inc. announced that they will report Q4, 2022 results on Feb 28, 2023 Annuncio • Jan 31
eXp World Holdings Appoints Peggie Pelosi to the Board of Directors eXp World Holdings, Inc. announced the board appointment of Peggie Pelosi to the Company's board of directors, effective Jan. 26, 2023. Following the appointment of Ms. Pelosi, the Board will comprise eight directors, four of whom are independent. Ms. Pelosi joins the Company's Board of Directors as a qualified independent director with proven directorship and professional experience. Since 2005, Ms. Pelosi has been the Founding Partner and Strategic Advisor at Orenda Social Purpose, a corporate social responsibility consultancy in Toronto, Ontario, Canada. Since 2015, she has also served as the Executive Director of Innovators Alliance, a network of CEOs focused on sustainable and profitable growth through innovation. Prior to her career and academic work in corporate social responsibility and sustainability, Ms. Pelosi served as a member of USANA Health Sciences, Inc.'s ("USANA") management team, first as Executive Director of Sales for Canada and then as Vice President of Network Development. She worked for USANA Health Sciences, Inc. until 2004, during which time she began the program that would evolve into the USANA Foundation, and this led to her interest in corporate social responsibility. Currently, Ms. Pelosi is a member of USANA's Board of Directors and serves on USANA's Audit Committee, Compensation Committee, Governance, Risk & Nominating Committee, and serves as Chair of the Sustainability Committee. Ms. Pelosi has received a graduate diploma from St. Michael's College at the University of Toronto in Corporate Social Responsibility & Sustainability, and has completed the NACD Directorship Certification (NACD.CD) and the ESG Competent Boards Director Certification. Annuncio • Jan 05
eXp World Holdings, Inc. Appoints Jason Gesing as Chief Industry Relations Officer eXp World Holdings, Inc. announced that effective as of January 3, 2023, Jason Gesing has been appointed to Chief Industry Relations Officer of the Company, an expanded role to facilitate the company's growth across key sectors. The moves intensify focus on building the next generation at eXp Realty, amid challenges in the real estate market. Since joining the company in 2010, Gesing has been a critical part of eXp both as an executive leader and long- standing board member. During his tenure, most recently as CEO of eXp Realty, Gesing helped establish eXp as one of the fastest-growing real estate companies. His deep understanding of the business, industry, and future prospects positions him perfectly to take an expanded role across all of eXp World Holdings' platforms and growth opportunities. As Chief Industry Relations Officer, Gesing will focus on industry relations, metaverse advisory and environment, social, governance (ESG) initiatives. He will also continue to serve on the eXp World Holdings Inc. board of directors. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$0.062 (vs US$0.25 in 2Q 2021) Second quarter 2022 results: EPS: US$0.062 (down from US$0.25 in 2Q 2021). Revenue: US$1.42b (up 42% from 2Q 2021). Net income: US$9.36m (down 75% from 2Q 2021). Profit margin: 0.7% (down from 3.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19% compared to a 45% decline forecast for the industry in Germany. Board Change • Aug 03
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Dan Cahir was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €18.23, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 8x in the Real Estate industry in Germany. Total loss to shareholders of 49% over the past year. Recent Insider Transactions • Apr 02
Independent Director recently sold €107k worth of stock On the 29th of March, Darren Jacklin sold around 5k shares on-market at roughly €21.43 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.5m more than they bought in the last 12 months. Board Change • Mar 22
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Director Dan Cahir was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 03
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 10 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.2%). Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.56 (up from US$0.23 in FY 2020). Revenue: US$3.77b (up 110% from FY 2020). Net income: US$81.2m (up 161% from FY 2020). Profit margin: 2.2% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 56% compared to a 27% decline forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 27% share price decline to €21.20, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 9x in the Real Estate industry in Germany. Total loss to shareholders of 56% over the past year. Board Change • Feb 24
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Director Dan Cahir was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Jan 06
Chief Information Officer recently sold €253k worth of stock On the 28th of December, John Tobison sold around 8k shares on-market at roughly €30.43 per share. In the last 3 months, there was an even bigger sale from another insider worth €630k. Insiders have been net sellers, collectively disposing of €1.4m more than they bought in the last 12 months. Board Change • Dec 30
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Director Dan Cahir was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Nov 27
eXp World Holdings, Inc. Agrees to Settle Class Action Lawsuit Filed On November 19, 2021, eXp World Holdings, Inc. agreed to settle a class action lawsuit filed against the Company in 2018 alleging violations under the Telephone Consumer Protection Act. Pursuant to the proposed settlement agreement terms, the Company will grant certain monetary and non-monetary settlements. The Company decided to set aside provisions at the amount of $10,000,000 to cover current estimated settlement fees and costs. The settlement agreement terms remain subject to judicial review and approval. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €32.60, the stock trades at a forward P/E ratio of 60x. Average forward P/E is 11x in the Real Estate industry in Germany. Recent Insider Transactions • Nov 19
Insider recently sold €630k worth of stock On the 16th of November, Jian Cheng sold around 16k shares on-market at roughly €38.76 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS US$0.16 (vs US$0.11 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$1.11b (up 97% from 3Q 2020). Net income: US$23.8m (up 59% from 3Q 2020). Profit margin: 2.1% (down from 2.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Board Change • Oct 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Dan Cahir was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 25
Insider recently sold €56k worth of stock On the 19th of August, Penny Sanford sold around 2k shares on-market at roughly €35.68 per share. In the last 3 months, there was an even bigger sale from another insider worth €442k. Insiders have been net sellers, collectively disposing of €893k more than they bought in the last 12 months. Board Change • Aug 25
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Dan Cahir was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS US$0.25 (vs US$0.061 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$999.9m (up 183% from 2Q 2020). Net income: US$37.1m (up 348% from 2Q 2020). Profit margin: 3.7% (up from 2.3% in 2Q 2020). The increase in margin was driven by higher revenue. Recent Insider Transactions • Jun 25
Independent Director recently sold €442k worth of stock On the 22nd of June, Darren Jacklin sold around 15k shares on-market at roughly €29.47 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €13m more than they bought in the last 12 months. Reported Earnings • May 07
First quarter 2021 earnings released: EPS US$0.034 (vs US$0.001 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$583.8m (up 115% from 1Q 2020). Net income: US$4.85m (up US$4.68m from 1Q 2020). Profit margin: 0.8% (up from 0.1% in 1Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Mar 13
Full year 2020 earnings released: EPS US$0.23 (vs US$0.076 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.80b (up 84% from FY 2019). Net income: US$31.1m (up US$40.7m from FY 2019). Profit margin: 1.7% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Mar 13
Revenue beats expectations Revenue exceeded analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 44% compared to a 32% decline forecast for the Real Estate industry in Germany. Annuncio • Mar 03
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