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Mar 31, 2021
eXp World Q1 2021 Earnings Report
Reported record revenue and agent growth, driven by the company's unique brokerage model.
Key Takeaways
eXp World Holdings reported a record first quarter with revenue increasing by 115% year-over-year to $583.8 million. The company's agent base grew by 77% to exceed 50,000 agents. Net income increased significantly, and operating cash flow also saw substantial growth.
Revenue increased 115% to a record $583.8 million compared to the same quarter last year.
Gross profit increased 91% to $53.5 million.
Net income increased 3,348% to $4.8 million.
Agent base increased 77% to exceed 50,000 agents.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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