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0.000887311446317639 0.000887311446317639 0.000887311446317796 0.010647737355812 0.0204081632653062 1.5761817563445E-16 0.0204081632653062 0.064773735581189
Stock impact report

eXp World Holdings Releases Select 2017 Financial Results, Submits Application to Uplist to Nasdaq

eXp World Holdings, Inc. (EXPI) 
NASDAQ:AMEX Investor Relations: expworldholdings.com
Company Research Source: GlobeNewswire
BELLINGHAM, Wash., April 04, 2018 (GLOBE NEWSWIRE) -- eXp World Holdings (OTCQB:EXPI), the holding company for eXp Realty, the largest residential real estate brokerage by geography in North America, today announced selected financial results for the full year ended Dec. 31, 2017. Unaudited Financial Highlights for Fiscal Year 2017 Revenue recognized was $156.1 million. Commissions and other agent related costs were $139.6 million.Gross margin increased 132% to $16.5 million from $7.1 million in 2016Cash flow from operations increased 302% to $4.1 million, compared to $1.0 million in 2016. Our cash balance increased 177% to $4.7M, compared to $1.7M in 2016. 2017 Operating and Business Highlights The number of agents and brokers on the eXp Realty platform increased by 171% to 6,511 at the end of 2017, compared to 2,401 at the end of 2016. Residential transaction sides closed for 2017 increased 212% to 25,299, compared to 8,100 in 2016. Residential transaction volume closed for 20 Show less Read more
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