eXp World Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-19.32	-21.27	-8.97	15.44	81.22	31.13
Depreciation & Amortization	9.8	10.29	10.89	9.84	6.25	3.99
Loss (Gain) From Sale of Assets	0.27	0.27	0.47	0.36	-	-
Asset Writedown & Restructuring Costs	4.93	4.93	-	-	-	0.23
Loss (Gain) on Equity Investments	0.69	1.17	1.39	1.62	0.19	0.05
Stock-Based Compensation	143.62	156.52	189.14	209.41	182.03	83.01
Provision & Write-off of Bad Debts	1.19	-0.62	-1.71	1.82	0.32	1.74
Other Operating Activities	-6.36	-6.47	-2.51	-15.72	-54.2	0.02
Change in Accounts Receivable	-18.63	-1.7	3.47	44.94	-56.86	-50.19
Change in Accounts Payable	-0.87	1.69	-1.49	2.43	3.17	1.36
Change in Other Net Operating Assets	3.21	46.71	9.25	-59.6	84.77	48.33
Operating Cash Flow	118.53	191.51	209.13	210.54	246.89	119.66
Operating Cash Flow Growth	-43.67%	-8.42%	-0.67%	-14.73%	106.33%	116.83%
Capital Expenditures	-9.76	-6.48	-5.36	-12.05	-13.42	-6.44
Cash Acquisitions	-3	-6.15	-	-9.91	-2.5	-10.5
Divestitures	-	-	0.33	-	-	-
Sale (Purchase) of Intangibles	-0.67	-1.39	-2.59	-	-	-
Investment in Securities	-13.57	-5.45	-5.88	-0.5	-3	-0.03
Investing Cash Flow	-27	-19.47	-13.5	-22.46	-18.92	-16.96
Issuance of Common Stock	0.8	2.01	4.98	0.61	3.62	6.95
Repurchase of Common Stock	-71.07	-141.12	-160.55	-179.47	-172.02	-29.37
Common Dividends Paid	-30.51	-30.1	-28.52	-25.23	-11.55	-
Other Financing Activities	-	-1.17	-	-0.42	0.02	0.53
Financing Cash Flow	-100.78	-170.38	-184.09	-204.51	-179.92	-21.89
Foreign Exchange Rate Adjustments	-0.11	-2.97	-0.04	-0.09	-0.06	0.05
Net Cash Flow	-9.36	-1.31	11.5	-16.53	47.99	80.85
Free Cash Flow	108.77	185.03	203.77	198.48	233.47	113.22
Free Cash Flow Growth	-46.90%	-9.20%	2.66%	-14.99%	106.20%	125.61%
Free Cash Flow Margin	2.33%	4.05%	4.77%	4.32%	6.19%	6.30%
Free Cash Flow Per Share	0.70	1.20	1.30	1.27	1.48	0.75
Cash Income Tax Paid	4.04	2.69	2.73	3.41	1.33	0.75
Levered Free Cash Flow	190.46	201.82	199.85	235.6	189.22	80.83
Unlevered Free Cash Flow	190.46	201.82	199.85	235.6	189.22	80.83
Change in Working Capital	-16.29	46.69	11.23	-12.24	31.09	-0.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.