eXp World Holdings, Inc. (EXPI) financial statements (2022 and earlier)
Company profile
| Business Address |
2219 RIMLAND DR., SUITE 301 BELLINGHAM, WA 98226 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 6531 - Real Estate Agents and Managers (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 108 | 100 | 40 | 21 | 5 | 2 | 1 | ||
| Cash and cash equivalents | 108 | 100 | 40 | 21 | 5 | 2 | 1 | ||
| Restricted cash and investments | 68 | 28 | |||||||
| Receivables | 133 | 77 | 28 | 17 | 7 | 3 | 0 | ||
| Prepaid expense | 6 | 2 | 2 | 1 | 0 | 0 | 0 | ||
| Deposits current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Other current assets | 0 | 2 | 1 | 0 | 0 | 0 | 0 | ||
| Other undisclosed current assets | 3 | 2 | 8 | 3 | 1 | 1 | 0 | ||
| Total current assets: | 319 | 212 | 79 | 42 | 13 | 6 | 1 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2 | 1 | 1 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 16 | 8 | 5 | 3 | |||||
| Intangible assets, net (including goodwill), including: | 20 | 21 | 11 | 3 | |||||
| Goodwill | 13 | 13 | 8 | 8 | |||||
| Intangible assets, net (excluding goodwill) | 8 | 8 | 3 | 3 | |||||
| Other undisclosed intangible assets, net (including goodwill) | (8) | ||||||||
| Deferred income tax assets | 53 | ✕ | ✕ | ✕ | ✕ | ||||
| Other noncurrent assets | 2 | 1 | 0 | ||||||
| Other undisclosed noncurrent assets | 3 | 0 | 8 | ||||||
| Total noncurrent assets: | 95 | 30 | 18 | 14 | 2 | 1 | 0 | ||
| TOTAL ASSETS: | 414 | 242 | 96 | 56 | 15 | 6 | 1 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 119 | 67 | 34 | 21 | 9 | 3 | 1 | ||
| Accounts payable | 7 | 4 | 3 | 2 | 1 | 0 | 0 | ||
| Accrued liabilities | 112 | 63 | 31 | 19 | 9 | 3 | 0 | ||
| Interest and dividends payable | 0 | ||||||||
| Deferred revenue | 68 | 28 | 7 | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 1 | 1 | 1 | 0 | |||||
| Other undisclosed current liabilities | 0 | 1 | 3 | 1 | 0 | 0 | |||
| Total current liabilities: | 187 | 97 | 42 | 24 | 10 | 4 | 1 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3 | 3 | 2 | 2 | |||||
| Long-term debt, excluding current maturities | 3 | 3 | 2 | 2 | |||||
| Operating lease, liability | 1 | 0 | 1 | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed noncurrent liabilities | (1) | (0) | |||||||
| Total noncurrent liabilities: | 3 | 3 | 2 | 2 | |||||
| Total liabilities: | 190 | 100 | 44 | 26 | 10 | 4 | 1 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 222 | 142 | 52 | 30 | 4 | 3 | 1 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (210) | (38) | (9) | ||||||
| Additional paid in capital | 401 | 218 | 131 | 91 | 37 | 35 | 7 | ||
| Retained earnings (accumulated deficit) | 31 | (39) | (70) | (61) | (33) | (32) | (6) | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | 0 | 0 | 0 | (0) | |||
| Stockholders' equity attributable to noncontrolling interest | 1 | 1 | 0 | (0) | |||||
| Other undisclosed stockholders' equity | (0) | ||||||||
| Total stockholders' equity: | 224 | 143 | 52 | 30 | 4 | 3 | 1 | ||
| TOTAL LIABILITIES AND EQUITY: | 414 | 242 | 96 | 56 | 15 | 6 | 1 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,771 | 1,798 | 980 | 500 | 156 | 54 | 23 | |
| Cost of revenue | (0) | (2) | (460) | (140) | (47) | (19) | ||
| Provision for loan, lease, and other losses | (0) | (2) | ✕ | ✕ | ✕ | |||
| Gross profit: | 3,771 | 1,797 | 980 | 40 | 17 | 7 | 3 | |
| Operating expenses | (3,737) | (1,767) | (989) | (523) | ||||
| Other undisclosed operating income | 0 | 2 | 460 | |||||
| Operating income (loss): | 34 | 32 | (9) | (22) | 17 | 7 | 3 | |
| Nonoperating income (expense) | (0) | (0) | (0) | 0 | ||||
| Other nonoperating expense | (0) | (0) | (0) | (0) | ||||
| Interest and debt expense | (0) | (0) | (0) | |||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (39) | (33) | (8) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 34 | 31 | (9) | (22) | (22) | (26) | (4) | |
| Loss from equity method investments | (0) | |||||||
| Income (loss) from continuing operations before income taxes: | 34 | 31 | (9) | (22) | (22) | (26) | (4) | |
| Income tax expense (benefit) | 47 | (0) | (0) | (0) | ||||
| Income (loss) before gain (loss) on sale of properties: | 81 | 31 | (10) | (22) | (22) | (26) | (4) | |
| Other undisclosed net income | 0 | |||||||
| Net income (loss): | 81 | 31 | (10) | (22) | (22) | (26) | (4) | |
| Net income (loss) attributable to noncontrolling interest | 0 | 0 | (0) | 0 | 0 | |||
| Other undisclosed net income (loss) attributable to parent | 0 | (0) | (0) | |||||
| Net income (loss) available to common stockholders, diluted: | 81 | 31 | (10) | (22) | (22) | (26) | (4) | |
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 81 | 31 | (10) | (22) | (22) | (26) | (4) | |
| Other comprehensive loss | (22) | (26) | (5) | |||||
| Other undisclosed comprehensive loss | (0) | |||||||
| Comprehensive income (loss): | 81 | 31 | (10) | (22) | (44) | (52) | (9) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 0 | 0 | (0) | 0 | 0 | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (0) | 0 | 0 | 22 | 26 | 4 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 81 | 31 | (9) | (22) | (22) | (26) | (5) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.