How did EXPI's revenue and expenses trends shift in Q4 2024 compared to previous quarters?

**eXp World Holdings Inc. (EXPI) experienced a shift in revenue and expense trends in Q4 2024 compared to previous quarters.** Here's a detailed analysis:

1. **Revenue Trends**:
- **Q4 2024**: The total revenue for eXp World Holdings in Q4 2024 was $943.05 million.
- **Q3 2024**: The revenue for the same period in Q3 2024 was not explicitly mentioned in the available data.
- **Q2 2024**: The revenue reported for Q2 2024 was $1.295 billion.
- **Q1 2024**: The revenue for Q1 2024 was not provided in the available data.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|EXPI|EXPI.O|eXp World Holdings|2023 Q4|6.114000281108432|9.81459E8|185|
|EXPI|EXPI.O|eXp World Holdings|2024 Q1|11.149822087964802|9.43054E8|185|
|EXPI|EXPI.O|eXp World Holdings|2024 Q2|5.208932383301005|1.295244E9|185|
|EXPI|EXPI.O|eXp World Holdings|2024 Q3|1.5166644266581355|1.231187E9|185|

- It's important to note that Q2 2024 revenue was higher than Q4 2024, and there is no direct comparison available for Q1 2024 and Q3 2024.
- The expected revenue for Q1 2025 is $994.832 million, which represents a 5.5% increase from the Q4 2024 revenue.
2. **Expense Trends**:
- No explicit data on expenses for Q4 2024 was found in the available reports.
- The company's financial reports for Q3 2024, Q2 2024, and Q1 2024 did not include detailed expense information.
3. **Insights from Related Reports**:
- eXp World Holdings is expected to report a loss of 1 cent per share for Q4 2024, according to analysts' estimates.
- Despite the revenue growth, the company faced a GAAP net loss of $8.5 million in Q3 2024, primarily due to an $18 million contingency provision for an ongoing antitrust lawsuit.
- The company's agent count decreased by 4%, reflecting a strategic offboarding of unproductive agents.
4. **Overall Financial Health**:
- The company's financial health is mixed, with revenue growth but also significant legal and operational challenges, including an ongoing antitrust lawsuit and strategic agent offboarding.

In conclusion, eXp World Holdings Inc. showed a decline in revenue from Q2 2024 to Q4 2024, but with expected growth in Q1 2025. The expenses for Q4 2024 are not available, but the company faced challenges including legal issues and agent count reduction, which impacted its financial performance.