In 2018 eXp World Holdings entered the NASDAQ!!!!
2018 review!
Fourth-Quarter 2018 Financial Summary
- Revenue increased 212% in the fourth quarter to a $150.4 million, compared to $48.2 million in the fourth quarter of 2017.
- Gross profit grew 96% to $10.3 million in the fourth quarter of 2018, compared to $5.2 million in the fourth quarter of 2017.
- Net loss was $5.2 million, or $(0.09) per diluted share in the fourth quarter of 2018, compared to net loss of $11.8 million, or $(0.22) per diluted share, in the fourth quarter of 2017.
- Adjusted EBITDA (a non-GAAP financial measure) was $(1.1) million in the fourth quarter of 2018, compared to $(2.1) million in the fourth quarter of 2017.
- Cash flow from operations increased to $5.5 million in the fourth quarter of 2018, compared to $1.7 million in the fourth quarter of 2017.
Full-Year 2018 Financial Summary
- Revenue increased 220% in 2018 to a record $500.1 million, compared to $156.1 million in 2017.
- Gross profit grew 145% to $40.4 million in 2018, compared to $16.5 million in 2017.
- Net loss was $22.4 million, or $(0.39) per diluted share, in 2018, compared to net loss of $22.1 million, or $(0.42) per diluted share, in 2017.
- Adjusted EBITDA (a non-GAAP financial measure) significantly increased to $2.4 million in 2018, compared to ($3.9) million in 2017.
- Cash flow from operations increased to $24.3 million in 2018, compared to $4.6 million in 2017.
