Combining Tech and Real estate, eXp World Holdings, Inc. operates as operates as a cloud-based real estate brokerage firm. The company is headquartered in Bellingham, Washington and currently employs 354 full-time employees. The firm's segments include Real Estate Brokerage Services, Mortgage Origination Services, and Corporate and Other. The company operates over the Internet through its Website, exprealty.com and a cloud-based platform to provide its residential real estate brokerage services. Through its Website, buyers can search real-time property listings, and sellers list their properties and gain exposure across the various markets it operates within. The company also provides buyers and sellers access to a network of professional, consumer-centric agents and brokers.
With such a low cap, and such high earnings, this seems very very promising. 2020 Revenue Increased 84% to Record $1.8 Billion; Drives Most Profitable Year in Company History With Net Income of More Than $31 Million.
Just look at the juicy balance sheet. Analysts also keep the rating at $50+ at a hold or buy.
Price is outside far ATR on Keltner channels so we bought in which seems to have bottomed. I may DCA too.
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