EXP WORLD HOLDINGS, INC. EXPI Cash Flow

Exp world holdings, inc. (EXPI)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10
OPERATING ACTIVITIES
Net income (loss)
-3,119	-9,556	-15,558	-18,338	-18,030	-22,430	-28,980	-29,666	-29,927	-22,130	-15,189	-11,404	-9,789	-7,414	-1,042	1,996	-2,468	-1,960	-3,371	-4,833	202	103	-197	-899	-1,034	-1,118	-962	-320	-230	-34	-35	-33	-34	-36	-46	-50	0	0	0
Reconciliation of net loss to net cash provided by operating activities:
Depreciation expense
2,447	2,057	1,680	1,361	1,053	869	716	589	523	353	227	127	59	58	45	38	33	26	26	25	18	14	9	5	4	4	0	0	0	-	-	-	-	-	-	-	-	-	-
Amortization expense - intangible assets
356	326	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization expense - long-term payable
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in losses (earnings) of unconsolidated affiliates
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Agent growth incentive stock compensation expense
13,808	13,958	13,306	14,041	14,443	19,053	23,707	21,826	18,594	10,961	7,186	5,959	5,500	4,996	1,645	727	1,101	1,059	1,026	849	212	136	-47	185	61	248	0	0	0	-	-	-	-	-	-	-	-	-	-
Stock option expense
4,943	5,085	5,366	5,409	4,760	4,846	5,877	6,745	6,689	6,856	5,309	4,026	3,320	2,120	-641	-2,791	1,172	733	2,773	4,257	-103	96	383	674	919	891	0	0	0	-	-	-	-	-	-	-	-	-	-
Agent equity stock compensation expense
40,351	37,767	34,061	30,050	25,093	21,253	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Agent Equity Program
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
4,931	10,762	14,855	27,529	20,608	10,520	13,628	14,803	5,740	3,884	6,230	7,439	2,827	2,692	832	736	273	158	243	89	117	83	146	161	124	36	0	0	0	-	-	-	-	-	-	-	-	-	-
Prepaids and other assets
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	128	87	124	75	25	42	45	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Accounts receivable, related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6	-6	-4	-6	-2	-0	-8	-3	-0	0	0	0	-	-	-	-	-	-	-	-	-	-
Prepaids and other assets
2,284	1,696	1,802	1,182	975	1,179	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	0
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	541	333	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-5,963	-4,420	-5,187	-3,222	-2,425	-1,597	-1,583	-1,778	-1,593	-441	-1,370	-1,168	-124	-333	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
2,703	1,412	-280	652	538	608	1,115	550	283	317	17	410	354	227	325	-33	11	10	8	34	7	23	-33	13	14	4	0	0	0	-	-	-	-	-	-	-	-	-	-
Accrued expenses
4,885	11,301	17,692	28,574	17,297	10,165	13,426	18,054	10,269	6,076	7,132	6,126	2,649	2,308	27	664	261	218	261	45	73	77	173	154	67	9	0	0	0	-	-	-	-	-	-	-	-	-	-
Due to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-18	-23	-12	13	34	0	0	0	-	-	-	-	-	-	-	-	-	-
Accrued interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9	-8	1	1	1	1	1	1	2	0	0	0	-	-	-	-	-	-	-	-	-	-
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	-2	5	2	-2	-3	-4	12	15	0	0	0
Due to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	-10	0	2	0	10	1	-0	0	0	0	0
CASH PROVIDED BY OPERATING ACTIVITIES
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	315	167	129	244	71	-97	-140	16	0	0	0	-	-	-	-	-	-	-	-	-	-
NET CASH PROVIDED BY OPERATING ACTIVITIES
66,018	55,186	45,231	36,558	26,179	24,310	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-22	-57	-28	-31	-36	-26	-38	-34	-33	0	0	0
INVESTING ACTIVITIES
Purchases of property, plant and equipment
5,527	5,000	4,142	3,213	2,448	2,134	1,827	1,560	1,581	1,281	985	815	566	416	300	172	116	57	47	51	21	49	78	72	71	39	0	0	0	-	-	-	-	-	-	-	-	-	-
Acquisition of businesses, net of cash acquired
-	1,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CASH USED IN INVESTING ACTIVITIES
-6,717	-6,690	-11,577	-10,615	-9,673	-8,859	-1,827	-1,560	-1,581	-1,281	-985	-815	-566	-416	-300	-172	-116	-57	-47	-51	-21	-49	-78	-72	-71	-39	0	0	0	-	-	-	-	-	-	-	-	-	-
FINANCING ACTIVITIES
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	142	742	760	760	600	0	0	0	-	-	-	-	59	59	64	115	90	90	84	33	0	0	0	0	0	0	-	-	-	-
Common stock issuance transaction costs
-	-	-	-	-	-	-	-	-	-	-	-	67	49	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
33,714	27,056	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase and retirement of subsidiary common stock
-	-	-	-	-	-	-	-	-	-	-	-	96	97	1	1	1	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of options
3,909	2,297	1,817	2,047	1,966	2,015	1,776	899	290	46	23	23	24	4	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transactions with noncontrolling interests
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase and retirement of shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bank indebtedness
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1	0	0	0	0	-	-	-	-
NET CASH USED IN FINANCING ACTIVITIES
-29,527	-24,568	-15,831	-6,497	-1,680	2,015	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62	53	33	30	37	28	29	35	32	0	0	0
Principal payments of notes payable
-	-	-	-	-	-	-	-	-	35	53	45	31	17	0	0	0	-	-	-	-	-	-	-	-	15	0	0	0	-	-	-	-	-	-	-	-	-	-
Advances from related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	35	35	30	38	28	28	35	32	0	0	0
CASH PROVIDED BY FINANCING ACTIVITIES
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-63	-18	-3	59	49	54	96	65	0	0	0	-	-	-	-	-	-	-	-	-	-
Effect of changes in exchange rates on cash, cash equivalents and restricted cash
-630	106	15	-217	29	-20	5	289	-44	-7	-10	1	18	11	30	11	7	-7	-24	-15	-8	-1	-0	-0	-1	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Net change in cash, cash equivalents and restricted cash
29,142	24,033	17,838	19,227	14,854	17,445	20,328	15,781	7,839	3,428	3,056	1,312	1,366	1,112	495	597	226	218	181	84	97	254	43	-114	-115	41	172	266	160	5	-1	0	1	-8	0	-0	0	0	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Cash paid for interest
-	-	-	-	0	-	-	-	-	2	1	1	0	0	0	10	10	10	10	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	0	0
Cash paid for income taxes
59	129	285	256	142	72	91	87	97	97	66	64	54	42	30	37	23	24	27	21	22	3	3	-10	-3	1	0	12	5	0	0	0	0	0	0	-	-	-	0
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Lease liabilities arising from obtaining right-of-use assets
-	1,524	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Termination of lease liabilities
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fixed asset purchases in accounts payable
156	93	72	51	61	86	-1	33	78	71	187	166	135	69	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-