eXp World Holdings Reports Q1 2025 Results
From GlobeNewswire: 2025-05-06 16:15:00
eXp World Holdings, Inc. announced strong financial results for Q1 2025, with a 1% revenue increase to $954.9 million. The company more than doubled international revenue year-over-year and expanded into Perú and Türkiye. eXp Realty’s CEO highlighted industry leadership, agent-centric values, and innovative initiatives, including open-sourced seller advisory forms and Zillow partnerships.
Operational highlights for Q1 2025 include a global agent Net Promoter Score of 78, up from 73, and a decrease in agents and brokers on the eXp Realty platform. Despite a 2% decrease in real estate sales transactions, sales volume increased by 4% to $38.6 billion. eXp ended the quarter with a focus on enhancing the agent experience and improving agent satisfaction.
Adjusted EBITDA for Q1 2025 was $2.2 million, with a net loss of $(11.0) million. Cash and cash equivalents totaled $115.7 million as of March 31, 2025. The company distributed $12.6 million to shareholders, including common stock repurchases and cash dividends. eXp plans to hold a virtual fireside chat with key executives to discuss the results and future strategies on May 6, 2025 at 2 p.m. PT / 5 p.m. ET.
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