eXp World Holdings reports its results for the third quarter of 2023.

The agency account grew by 5% compared to the third quarter of 2022, reaching over 89,000 agents across 24 global markets.

The revenues of the international real estate agency increased by 47% compared to the third quarter of 2022, reaching a historic high.

The company announced a dividend payment for the fourth quarter of 2023 of $0.05 per share of common stock.

eXp World Holdings, Inc. (Nasdaq: EXPI)

The holding company announced its financial results for the third quarter, which ended on September 30, 2023. During this quarter, the company continued to focus on innovations aimed at agents, resulting in significant outcomes and an increase in net agent commitment to eXp.

Despite the slow market and complications caused by rising mortgage interest rates, the company's agents outperformed the market in the U.S. and demonstrated outstanding performance. This speaks to the uniqueness of the eXp platform and the strength of the company's success-oriented corporate culture.

The company continues to invest in the success of its agents by offering them programs and partnerships aimed at optimizing agency operations and expanding opportunities for income generation. It is worth noting that there are opportunities for innovation and improvement of the agency experience both in the domestic U.S. market and beyond.

The company's financial indicators also demonstrate steady growth: revenue increased by 47% compared to the third quarter of 2022, while adjusted EBITDA showed a growth of 53%.

Based on a deep analysis of data and market trends, the company takes full responsibility for investing in the success of its agents and builds a solid foundation for long-term growth and increased market share, despite fluctuations in market conditions.

eXp World Holdings will hold a virtual meeting with investors, where founder and CEO Glenn Sanford and CFO Jeff Whiteside will answer participants' questions. The meeting will take place on November 2, 2023, at 2:00 PM Pacific Time / 5:00 PM Eastern Time. eXp World Holdings invites all interested investors and shareholders to submit their questions in advance for discussion.

eXp World Holdings, Inc.

is a holding company that includes eXp Realty, Virbela, and SUCCESS Enterprises. eXp Realty, with over 89,000 agents worldwide, is the largest independent real estate company. The company offers a full range of brokerage and technology solutions in the real estate sector, including an innovative business model, professional services, collaboration tools, and personal development. Through the development of the Virbela platform, eXp Realty enables agents to be more interconnected and productive. SUCCESS Enterprises is a leading brand in personal and professional development, with a history spanning over a century.

More detailed information can be found on the website.

• https://expworldholdings.com.