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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2023
EARNINGS PER SHARE  
EARNINGS PER SHARE

11.       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:

Year Ended December 31,

2023

2022

2021

Numerator:

Net (loss) income attributable to eXp World Holdings, Inc.

($ 8,973)

$ 15,442

$ 81,220

Denominator:

Weighted average shares - basic

153,232,129

151,036,110

146,170,871

Dilutive effect of common stock equivalents

-

5,184,055

11,558,503

Weighted average shares - diluted

153,232,129

156,220,165

157,729,374

Earnings per share:

(Loss) earnings per share attributable to common stock- basic

($ 0.06)

$ 0.10

$ 0.56

(Loss) earnings per share attributable to common stock- diluted

($ 0.06)

$ 0.10

$ 0.51

For the years ended December 31, 2023, 2022 and 2021, total outstanding shares of common stock excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive were 4,361,775, 1,000,421 and 102,880, respectively.