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Just How Impressive Is Compass $3 7B 2020 Revenue?

Inman Connect Compass revealed massive revenue numbers in its S-1 filing, with yearly revenue topping $3.7 billion in 2020, as well as a massive loss of $270 million. Despite the existence of several public companies in the residential real estate space, it’s hard to find a direct comparison for Compass given the variety of business models between companies. Most of Compass’ revenue is generated by brokerage commissions. “We currently generate substantially all of our revenue from commissions paid to us by clients at the time that a home is transacted on our platform,” the filing reads. “In addition, we generate a smaller portion of our revenue from adjacent services that we provide through our platform in connection with a real estate transaction.”

eXp World Holdings Announces Record Preliminary Fourth Quarter and Full-Year 2020 Financial and Operational Results

eXp World Holdings eXp World Holdings Announces Record Preliminary Fourth Quarter and Full-Year 2020 Financial and Operational Results Preliminary 2020 Revenue Increases to Record $1.8 Billion, Most Profitable Year in History With Expected Net Income of Over $31 Million Virtual Fireside Chat To Be Held on March 11, 2021 at 2 p.m. PT / 5 p.m. ET BELLINGHAM, Wash., March 02, 2021 (GLOBE NEWSWIRE) eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty, Virbela and SUCCESS Enterprises, today provided preliminary unaudited financial and operational results for the fourth quarter and full-year ended Dec. 31, 2020. The financial information below is preliminary, unaudited and subject to change when financial results are released on March 11, 2021. Preliminary Fourth Quarter and Full-Year 2020 Highlights: Revenue in the fourth quarter of 2020 is expected to increase 122% to approximately $609 million, compared to revenue of $274 million in the same year-ago quarter. Reve

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