XML 18 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME    
Revenues $ 1,010,731 $ 583,833
Operating expenses    
Commissions and other agent-related costs 927,267 530,347
General and administrative expenses 75,322 46,300
Sales and marketing expenses 3,700 2,257
Total operating expenses 1,006,289 578,904
Operating income (loss) 4,442 4,929
Other (income) expense    
Other (income) expense, net 410 (134)
Equity in losses of unconsolidated affiliates 317 6
Total other expense, net 727 (128)
Income (loss) before income tax expense 3,715 5,057
Income tax (benefit) expense (5,149) 211
Net income (loss) 8,864 4,846
Net income attributable to noncontrolling interest 18  
Net income (loss) attributable to eXp World Holdings, Inc. $ 8,882 $ 4,846
Earnings per share - Basic $ 0.06 $ 0.03
Earnings per share - Diluted $ 0.06 $ 0.03
Weighted average shares outstanding - Basic 149,226,166 144,354,991
Weighted average shares outstanding - Diluted 156,842,721 158,722,126
Comprehensive income:    
Net income (loss) $ 8,864 $ 4,846
Comprehensive loss attributable to noncontrolling interests 18  
Net income (loss) attributable to eXp World Holdings, Inc. 8,882 4,846
Other comprehensive income:    
Foreign currency translation gain, net of tax 41 47
Comprehensive income (loss) attributable to eXp World Holdings, Inc. $ 8,923 $ 4,893