EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2025

EARNINGS PER SHARE

EARNINGS PER SHARE

8.EARNINGS PER SHARE

Basic earnings per share is computed based on net income attributable to eXp stockholders divided by the basic weighted-average shares outstanding during the period. Dilutive earnings per share is computed consistently with the basic computation while giving effect to all dilutive potential common shares and common share equivalents that were outstanding during the period. The Company uses the treasury stock method to reflect the potential dilutive effect of unvested stock awards and unexercised options.

The following table sets forth the calculation of basic and diluted earnings per share attributable to common stock during the periods presented:


		Three Months Ended June 30,				Six Months Ended June 30,
		2025		2024		2025		2024
Numerator:
Net (loss) income from continuing operations		($ 2,291)		$ 11,766		($ 13,315)		($ 2,064)
Net (loss) income from discontinued operations		$ -		$ 617		$ -		($ 1,192)
Denominator:
Weighted average shares - basic		156,091,692		153,580,879		155,418,668		154,160,607
Dilutive effect of common stock equivalents		-		2,403,268		-		-
Weighted average shares - diluted		156,091,692		155,984,147		155,418,668		154,160,607
Earnings per share:
Net (loss) income from continuing operations per share - basic		($ 0.01)		$ 0.08		($ 0.09)		($ 0.01)
Net (loss) income from discontinued operations per share - basic		$ -		$ -		$ -		($ 0.01)
Net (loss) income from continuing operations per share - diluted		($ 0.01)		$ 0.08		($ 0.09)		($ 0.01)
Net (loss) income from discontinued operations per share - diluted		$ -		$ -		$ -		($ 0.01)

For three months ended June 30, 2025 and 2024 total outstanding shares of common stock excluded 2,965,463 and 447,005 shares, respectively, from the computation of diluted earnings per share because their effect would have been anti-dilutive. For six months ended June 30, 2025 and 2024 total outstanding shares of common stock excluded 3,099,063 and 3,037,309 shares, respectively, from the computation of diluted earnings per share because their effect would have been anti-dilutive.