Shares of eXp World Holdings, Inc. (NASDAQ: EXPI) soared 5.91% in the pre-market trading session on Friday, February 21, 2025, following the company's impressive Q4 2024 earnings report and promising growth strategies for the year ahead.

Firstly, eXp World Holdings reported solid financial results for the fourth quarter and full year 2024, reflecting the resilience of its business model amid challenging market conditions. The company's revenue grew by 7% year-over-year, reaching $4.6 billion, driven by improved agent productivity and a significant 63% increase in international revenues.

Furthermore, eXp World Holdings outlined its strategic initiatives for 2025, focusing on enhancing operational excellence, forming strategic technology partnerships, and expanding its international footprint. The company aims to double down on agent-centric initiatives, such as incentive programs, training, and technology solutions like Canva, Sisu, and the FastCap program, which have been instrumental in driving agent satisfaction and productivity.

Notably, eXp World Holdings has successfully attracted high-producing agents and teams, including prominent names like Spring Bengtzen, Kris Cadwell, Gina Kirschenheiter, Travis Mullen, Jeff Quintin, and Justin McLaughlin. This influx of top talent underscores eXp's ability to provide an attractive value proposition for real estate professionals, fueling optimism about the company's growth prospects.

Additionally, eXp World Holdings is actively investing in artificial intelligence (AI) and automation technologies, with the goal of improving operational efficiency and driving long-term growth. The company expects AI to fundamentally transform various aspects of its business, from automating repetitive tasks to enhancing processes like contract management, ultimately contributing to a more favorable cost structure and operational excellence.