eXp World Holdings, Inc.

BMV:EXPI * Stock Report

Market Cap: Mex$39.5b

eXp World Holdings Management

Management criteria checks 2/4

eXp World Holdings' CEO is Glenn Sanford, appointed in Mar 2013, has a tenure of 11.75 years. total yearly compensation is $7.79M, comprised of 19.3% salary and 80.7% bonuses, including company stock and options. directly owns 26.34% of the company’s shares, worth MX$10.40B. The average tenure of the management team and the board of directors is 2.3 years and 4.3 years respectively.

Key information

Glenn Sanford

Chief executive officer

US$7.8m

Total compensation

CEO salary percentage19.3%
CEO tenure11.8yrs
CEO ownership26.3%
Management average tenure2.3yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Glenn Sanford's remuneration changed compared to eXp World Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$33m

Jun 30 2024n/an/a

-US$24m

Mar 31 2024n/an/a

-US$25m

Dec 31 2023US$8mUS$2m

-US$9m

Sep 30 2023n/an/a

US$8m

Jun 30 2023n/an/a

US$11m

Mar 31 2023n/an/a

US$9m

Dec 31 2022US$2mUS$2m

US$15m

Sep 30 2022n/an/a

US$38m

Jun 30 2022n/an/a

US$58m

Mar 31 2022n/an/a

US$85m

Dec 31 2021US$2mUS$2m

US$81m

Sep 30 2021n/an/a

US$73m

Jun 30 2021n/an/a

US$65m

Mar 31 2021n/an/a

US$36m

Dec 31 2020US$16mUS$656k

US$31m

Sep 30 2020n/an/a

US$24m

Jun 30 2020n/an/a

US$7m

Mar 31 2020n/an/a

-US$3m

Dec 31 2019US$1mUS$72k

-US$10m

Sep 30 2019n/an/a

-US$16m

Jun 30 2019n/an/a

-US$18m

Mar 31 2019n/an/a

-US$18m

Dec 31 2018US$2mUS$59k

-US$22m

Sep 30 2018n/an/a

-US$29m

Jun 30 2018n/an/a

-US$30m

Mar 31 2018n/an/a

-US$30m

Dec 31 2017US$779kUS$489k

-US$22m

Compensation vs Market: Glenn's total compensation ($USD7.79M) is above average for companies of similar size in the MX market ($USD658.69K).

Compensation vs Earnings: Glenn's compensation has increased whilst the company is unprofitable.

CEO

Glenn Sanford (57 yo)

11.8yrs

Tenure

US$7,791,216

Compensation

Mr. Glenn Darrel Sanford serves as Director at First Cloud Investment Group. He is founded eXp Realty, LLC in October 2009 and served as its Chief Executive Officer since January 2023 until April 05, 2024....

Leadership Team

NamePositionTenureCompensationOwnership
Glenn Sanford
Founder11.8yrsUS$7.79m26.34%
MX$ 10.4b
Jian Cheng
Principal Financial Officer4.8yrsUS$1.48m0%
MX$ 0
James Bramble
Chief Legal Counsel5.8yrsUS$1.95m0%
MX$ 0
Leo Pareja
Chief Executive Officer of eXp Realty2.1yrsUS$1.58m0.0067%
MX$ 2.6m
James Huang
President of the Commercial Division4.3yrsno datano data
Michael Valdes
Chief Growth Officer of eXp Realty2.4yrsUS$988.49kno data
Seth Siegler
Chief Innovation Officer of eXp Realtyless than a yearno datano data
Ilka Vietz
Managing Director of eXp3.3yrsno datano data
Patrick O'Neill
Chief Operating Officer of eXp Realty1.9yrsno datano data
Carolyn Merchant
Chief Marketing Officer of eXp Realty1.6yrsno datano data
Sumanth Kamath
Chief Technology Officer of eXp Realtyless than a yearno datano data
Renee Kaspar
Executive VP & Chief Human Resources Officer of eXp Realtyless than a yearno datano data

2.3yrs

Average Tenure

56yo

Average Age

Experienced Management: EXPI *'s management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Glenn Sanford
Founder11.8yrsUS$7.79m26.34%
MX$ 10.4b
Peggie Pelosi
Independent Director1.9yrsUS$556.71k0%
MX$ 0
Frederick Reichheld
Independent Director1.3yrsUS$364.69k0%
MX$ 0
Randall Miles
Independent Vice Chairman8.4yrsUS$383.00k0.36%
MX$ 140.7m
Dan Cahir
Independent Director6.1yrsUS$300.11k0%
MX$ 0
Monica Weakley
Director2.5yrsUS$393.10k0.0040%
MX$ 1.6m

4.3yrs

Average Tenure

62yo

Average Age

Experienced Board: EXPI *'s board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 17:57
End of Day Share Price 2024/11/13 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

eXp World Holdings, Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Justin AgesBerenberg
Thomas WhiteD.A. Davidson & Co.
Siddharth RajeevFundamental Research Corp.