• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    La Rosa Holdings Corp. Reports 119% Year-Over-Year Increase in Revenue to $69.4 Million for Fiscal 2024; Surpassed Initial Revenue Guidance by Approximately $4.4 Million

    4/16/25 8:00:00 AM ET
    $LRHC
    Real Estate
    Finance
    Get the next $LRHC alert in real time by email

    Revenue for the Fourth Quarter of 2024 Increased 55% Year-Over-Year to $17.7 Million

    Gross Profit Increased 110% Year-Over-Year to $6.0 Million in 2024

    CELEBRATION, Fla., April 16, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a real estate and PropTech company, today provided a business update and reported financial results for the year ended December 31, 2024.

    Key Financial Highlights

    • Total revenue increased 119% year-over-year to $69.4 million for the year ended December 31, 2024 from $31.8 million for the year ended December 31, 2023
    • Residential real estate services revenue increased $36.6 million to $57.0 million, or 179%, for the year ended December 31, 2024 from $20.5 million for the year ended December 31, 2023
    • Property management revenue increased by approximately $1.4 million to $11.1 million, or 15%, for the year ended December 31, 2024 from $9.7 million for the year ended December 31, 2023
    • Real Estate Brokerage Services (Commercial) revenue increased by approximately $212 thousand to $328 thousand, or approx. 183% for the year ended December 31, 2024 from $116 thousand for the year ended December 31, 2023
    • Gross profit increased by approximately $3.1 million, or 110%, year-over-year, to $6.0 million for the year ended December 31, 2024 from $2.8 million for the year ended December 31, 2023.

    Joe La Rosa, CEO of La Rosa, commented, "We are pleased to report a 119% increase in revenue for 2024 compared to 2023, and a 55% increase in Q4 2024 year-over-year compared to the same period in 2023. Gross profit also increased 110% to $6.0 million in 2024, driven by strategic acquisitions of real estate brokerage franchisees and growth in our agent network, which now exceeds 2,500 agents. Our scalable, agent-first brokerage model continues to attract top talent by offering flexible compensation options, including a revenue share program, a 100% commission structure with low fees, and additional income through ancillary services and technology solutions.

    "We recently started expanding internationally with engagement of an area developer in Spain, unlocking new revenue opportunities and strengthening our global presence. In addition, we introduced LR Agent Advance, a new program that provides our agents with upfront access to pending commissions, supporting their growth while generating an additional recurring revenue stream for the Company."

    Mr. La Rosa continued, "Importantly, Nasdaq has granted us a 180-day extension to comply with the minimum bid price rule, giving us the necessary time to execute our strategic initiatives. We are on track to close our previously announced acquisition of a real estate brokerage firm, which generated $19 million in revenue in 2023 and, if consummated, is expected to bring a network of around 945 agents across multiple states. Significantly, our revenue forecast for 2025 revenue for $100 Million remains intact.

    "Looking ahead, we are focused on achieving profitability in 2025 by expanding into new markets, acquiring additional brokerage firms, growing our agent base, and leveraging technology to drive operational efficiencies. We are confident in our strategy to deliver sustainable growth and maximize shareholder value," concluded Mr. La Rosa.

    The closings of the acquisitions mentioned in this press release are subject to, and contingent upon, the parties entering into their respective definitive agreements. There can be no assurances that these acquisitions will be consummated.

    Financial Results

    Total revenue for the year ended December 31, 2024, was $69.4 million compared to $31.8 million for the year ended December 31, 2023. Residential real estate services revenue increased by $36.6 million to $57.0 million, or 179%, in the year ended December 31, 2024, from $20.5 million for the year ended December 31, 2023. The increase was driven by $9.8 million of revenue from the eight (8) acquisitions completed during fiscal year 2024, in addition the increase was due to a full year of income from the six (6) acquired companies in 2023. Selling, general and administrative costs, excluding stock-based compensation, for the year ended December 31, 2024, were approximately $11.6 million, compared to $4.8 million for the year ended December 31, 2023. Net loss was $15.9 million, or $(0.79) basic and diluted loss per share, for the year ended December 31, 2024, compared to net loss of $9.3 million, or $(1.27) basic and diluted loss per share, for the year ended December 31, 2023.

    About La Rosa Holdings Corp.

    La Rosa Holdings Corp. (NASDAQ:LRHC) is transforming the real estate industry by providing agents with flexible compensation options, including a revenue-sharing model or a fee-based structure with 100% commission. Powered by its proprietary technology platform, La Rosa aims to equip agents and franchisees with the tools they need to deliver exceptional service.

    The Company offers both residential and commercial real estate brokerage services, as well as technology-driven products and support for its agents and franchise partners. Its business model includes internal services for agents and external offerings for the public, spanning real estate brokerage, franchising, education and coaching, and property management.

    La Rosa Holdings operates 26 corporate-owned brokerage offices across Florida, California, Texas, Georgia, North Carolina, and Puerto Rico. La Rosa Holdings also recently started its expansion into Europe, beginning with Spain. Additionally, the Company has six franchised offices and branches and three affiliated brokerage locations in the U.S. and Puerto Rico. The Company also operates a full-service escrow settlement and title company in Florida.

    For more information, please visit: https://www.larosaholdings.com.

    Stay connected with La Rosa, sign up for news alerts here: larosaholdings.com/email-alerts.

    Forward-Looking Statements

    This press release contains forward-looking statements regarding the Company's current expectations that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company's ability to achieve profitable operations, our ability to successfully integrate acquisitions into our business operations, customer acceptance of new services, the demand for the Company's services and the Company's customers' economic condition, the impact of competitive services and pricing, general economic conditions, the successful integration of the Company's past and future acquired brokerages, the effect of the recent National Association of Realtors' landmark settlement on our business operations, and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission (the "SEC"). You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and other reports and documents that we file from time to time with the SEC. Forward-looking statements contained in this press release are made only as of the date of this press release, and La Rosa does not undertake any responsibility to update any forward-looking statements in this release, except as may be required by applicable law. References and links to websites have been provided as a convenience, and the information contained on such websites has not been incorporated by reference into this press release.

    For more information, contact: [email protected]

    Investor Relations Contact:

    Crescendo Communications, LLC

    David Waldman/Natalya Rudman

    Tel: (212) 671-1020

    Email: [email protected]

    (Tables follow)



    La Rosa Holdings Corp. and Subsidiaries
    Condensed Consolidated Balance Sheets
         
      December 31, 2024 December 31, 2023
    Assets    
    Current assets:        
    Cash $1,442,901  $959,604 
    Restricted cash  2,137,707   1,484,223 
    Accounts receivable, net of allowance for credit losses of $166,504 and $83,456, respectively  931,662   826,424 
    Other current assets  1,788   — 
    Total current assets  4,514,058   3,270,251 
             
    Noncurrent assets:        
    Property and equipment, net  9,411   14,893 
    Right-of-use asset, net  997,715   687,570 
    Intangible assets, net  5,840,080   4,632,449 
    Goodwill  8,012,331   5,702,612 
    Other long-term assets  33,831   21,270 
    Total noncurrent assets  14,893,368   11,058,794 
    Total assets $19,407,426  $14,329,045 
    Liabilities and Stockholders' Equity        
    Current liabilities:        
    Accounts payable $2,376,704  $1,147,073 
    Accrued expenses  738,065   227,574 
    Contract liabilities  7,747   — 
    Line of credit  148,976   — 
    Derivative liability  1,607,544   — 
    Advances on future receipts  618,681   77,042 
    Accrued acquisition cash consideration  381,404   300,000 
    Notes payable, current  2,187,673   4,400 
    Lease liability, current  473,733   340,566 
    Total current liabilities  8,540,527   2,096,655 
             
    Noncurrent liabilities:        
    Note payable, net of current  1,475,064   615,127 
    Security deposits and escrow payable  2,137,707   1,484,223 
    Lease liability, noncurrent  545,759   363,029 
    Other liabilities  32,950   2,950 
    Total non-current liabilities  4,191,480   2,465,329 
    Total liabilities  12,732,007   4,561,984 
             
    Commitments and contingencies (Note 13)        
             
    Stockholders' equity:        
    Preferred stock - $0.0001 par value; 50,000,000 shares authorized; 2,000 Series X shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively  —   — 
    Common stock - $0.0001 par value; 250,000,000 shares authorized; 21,847,514 and 13,406,480 issued and outstanding at December 31, 2024 and December 31, 2023, respectively  2,185   1,341 
    Additional paid-in capital  29,121,589   18,016,400 
    Accumulated deficit  (26,555,319)  (12,107,756)
    Total stockholders' equity — La Rosa Holdings Corp. shareholders  2,568,455   5,909,985 
    Noncontrolling interest in subsidiaries  4,106,964   3,857,076 
    Total stockholders' equity  6,675,419   9,767,061 
    Total liabilities and stockholders' equity $19,407,426  $14,329,045 
             



    La Rosa Holdings Corp. and Subsidiaries
    Consolidated Statements of Operations
         
      For the Years Ended December 31,
       2024   2023 
    Revenue $69,448,786  $31,759,404 
         
    Cost of revenue  63,495,507   28,918,236 
         
    Gross profit  5,953,279   2,841,168 
         
    Operating expenses:    
    Sales and marketing  1,007,077   359,717 
    General and administrative  10,625,551   4,473,340 
    Stock-based compensation — general and administrative  4,730,355   5,100,474 
    Impairment of goodwill  787,438   - 
    Total operating expenses  17,150,421   9,933,531 
         
    Loss from operations  (11,197,142)  (7,092,363)
    Other income (expense)    
    Interest expense, net  (403,397)  (140,382)
    Loss on extinguishment of debt  (777,558)  - 
    Amortization of debt discount  (649,138)  (1,016,644)
    Change in fair value of derivative liability  (1,338,506)  138,985 
    Other income, net  15,745   286,641 
    Loss before provision for income taxes  (14,349,996)  (7,823,763)
    Benefit from income taxes  —   — 
    Net loss  (14,349,996)  (7,823,763)
    Less: Net income (loss) attributable to noncontrolling interests in subsidiaries  97,567   (5,326)
    Net loss after noncontrolling interest in subsidiaries  (14,447,563)  (7,818,437)
    Less: Deemed dividend  1,476,044   1,472,514 
    Net loss attributable to common stockholders $(15,923,607) $(9,290,951)
         
    Loss per share of common stock attributable to common stockholders    
    Basic and diluted $(0.79) $(1.27)
         
    Weighted average shares used in computing net loss per share of common stock attributable to common stockholders    
    Basic and diluted  20,222,347   7,293,033 


    Primary Logo

    Get the next $LRHC alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $LRHC

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $LRHC
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • CEO, interim CFO La Rosa Joseph bought $1,146,000 worth of shares (150,000 units at $7.64) (SEC Form 4)

      4 - La Rosa Holdings Corp. (0001879403) (Issuer)

      7/21/25 5:24:04 PM ET
      $LRHC
      Real Estate
      Finance

    $LRHC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • CHIEF TECHNOLOGY OFFICER Santos Alex sold 26 shares, decreasing direct ownership by 51% to 25 units (SEC Form 4)

      4 - La Rosa Holdings Corp. (0001879403) (Issuer)

      7/23/25 4:05:16 PM ET
      $LRHC
      Real Estate
      Finance
    • CEO, interim CFO La Rosa Joseph bought $1,146,000 worth of shares (150,000 units at $7.64) (SEC Form 4)

      4 - La Rosa Holdings Corp. (0001879403) (Issuer)

      7/21/25 5:24:04 PM ET
      $LRHC
      Real Estate
      Finance
    • CEO, interim CFO La Rosa Joseph was granted 6,594,718 shares (SEC Form 4)

      4 - La Rosa Holdings Corp. (0001879403) (Issuer)

      4/23/25 4:05:38 PM ET
      $LRHC
      Real Estate
      Finance

    $LRHC
    SEC Filings

    See more
    • SEC Form DEF 14C filed by La Rosa Holdings Corp.

      DEF 14C - La Rosa Holdings Corp. (0001879403) (Filer)

      7/21/25 7:00:12 AM ET
      $LRHC
      Real Estate
      Finance
    • La Rosa Holdings Corp. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Unregistered Sales of Equity Securities, Financial Statements and Exhibits

      8-K - La Rosa Holdings Corp. (0001879403) (Filer)

      7/18/25 4:05:28 PM ET
      $LRHC
      Real Estate
      Finance
    • SEC Form EFFECT filed by La Rosa Holdings Corp.

      EFFECT - La Rosa Holdings Corp. (0001879403) (Filer)

      7/18/25 12:15:03 AM ET
      $LRHC
      Real Estate
      Finance

    $LRHC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • La Rosa Holdings Corp. Extinguishes Majority of Outstanding Warrants Through Exchange Agreements, Strengthening Balance Sheet

      Celebration, FL, July 24, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a real estate and PropTech company, announced today that it has extinguished a majority portion of its outstanding warrants (the "Warrants") through the execution of two exchange agreements with warrant holders, including its Chief Executive Officer and Chairman, Joseph La Rosa. The Company also announced that, on July 21, 2025, it received confirmation from The Nasdaq Stock Market ("Nasdaq") that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) by maintaining a minimum closing bid price of its common stock of $1.00 or

      7/24/25 9:15:00 AM ET
      $LRHC
      Real Estate
      Finance
    • La Rosa Holdings Corp. Launches AI-Powered Communication Bot to Streamline Recruiting and Agent Support

      Celebration, FL, July 15, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a real estate and PropTech company, today announced the launch of its proprietary AI-powered communication bot built specifically to enhance agent recruiting and support operations across its platform. The system is built with secure architecture and is fully compliant with data privacy regulations. The bot integrates directly with La Rosa's internal CRM and communications tools ensuring timely hand-offs and data accuracy throughout the recruiting pipeline. This innovative tool ensures that every lead is captured, every inquiry is acknowledged, and every caller receives s

      7/15/25 8:30:00 AM ET
      $LRHC
      Real Estate
      Finance
    • La Rosa Realty LLC Enters in a Strategic Agreement with The Agency Dominican Republic Participating in IBIS Romana Bayahibe Project as a Co-Broker and Securing Exclusive Rights for IBIS sales in Puerto Rico

      Celebration, FL, July 08, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ:LRHC) ("La Rosa" or the "Company"), a real estate and PropTech company, today announced a strategic agreement between its wholly owned subsidiary, La Rosa Realty LLC ("La Rosa Realty"), and The Agency Dominican Republic ("TADR"), securing rights for its agents to act as co-brokers to market and sell units of the IBIS Romana Bayahibe ("IBIS") project in Dominican Republic, and exclusive rights for any sales of IBIS in Puerto Rico. Located in Bayahibe, La Romana, Dominican Republic, IBIS is a luxury residential and resort-style real estate development company. The development features premium resort-style resi

      7/8/25 8:00:00 AM ET
      $LRHC
      Real Estate
      Finance

    $LRHC
    Financials

    Live finance-specific insights

    See more
    • La Rosa Holdings Corp. Reports 34% Year-Over-Year Increase in Revenue to $17.5 Million for First Quarter of 2025

      Gross Profit Increased 32% Year-Over-Year to $1.5 Million in Q1 2025 Residential Real Estate Services Revenue Increased 39% to $14.3 Million in Q1 2025 vs Q1 2024 CELEBRATION, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a real estate and PropTech company, today provided a business update and reported financial results for the for the first quarter ended March 31, 2025. Key Financial Highlights Total revenue increased 34% year-over-year to $17.5 million for the first quarter ended March 31, 2025 from $13.1 million for the first quarter ended March 31, 2024.Residential real estate services revenue increased b

      5/29/25 8:00:00 AM ET
      $LRHC
      Real Estate
      Finance
    • La Rosa Holdings Corp. Reports 119% Year-Over-Year Increase in Revenue to $69.4 Million for Fiscal 2024; Surpassed Initial Revenue Guidance by Approximately $4.4 Million

      Revenue for the Fourth Quarter of 2024 Increased 55% Year-Over-Year to $17.7 Million Gross Profit Increased 110% Year-Over-Year to $6.0 Million in 2024 CELEBRATION, Fla., April 16, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a real estate and PropTech company, today provided a business update and reported financial results for the year ended December 31, 2024. Key Financial Highlights Total revenue increased 119% year-over-year to $69.4 million for the year ended December 31, 2024 from $31.8 million for the year ended December 31, 2023Residential real estate services revenue increas

      4/16/25 8:00:00 AM ET
      $LRHC
      Real Estate
      Finance
    • La Rosa Holdings Corp. Acquires Real Estate Brokerage Franchisee with Approx. $2.7 Million in Revenue for Trailing Twelve Months and Positive Net Income as of November 30, 2024

      Celebration, FL, Jan. 08, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has completed an acquisition transaction and now holds a 100% interest in the Company's franchisee- La Rosa Realty Beaches LLC ("Realty Beaches"), located in Fort Lauderdale, Florida. Realty Beaches achieved trailing twelve-month (TTM) revenues of approx. $2.7 million and reported positive net income as of November 30, 2024. Realty Beaches specializes in a comprehensive range of residential and commercial real estate brokerage services.

      1/8/25 9:00:00 AM ET
      $LRHC
      Real Estate
      Finance

    $LRHC
    Leadership Updates

    Live Leadership Updates

    See more
    • La Rosa Holdings Corp. Appoints Commercial Real Estate Veteran JM Padron to Lead National Expansion of Commercial Real Estate Division

      Celebration, FL, Jan. 30, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced the appointment of industry veteran Jose Miguel "JM" Padron, to lead the national expansion of La Rosa's commercial real estate division. Mr. Padron is a seasoned real estate executive with over 30 years of experience in commercial real estate brokerage, investment strategies, and financial feasibility analysis. He has played a key role in structuring CMBS loans, insurance-backed financing, and development projects across South Florida, Spain, a

      1/30/25 8:15:00 AM ET
      $LRHC
      Real Estate
      Finance
    • La Rosa Acquires Twelfth Real Estate Brokerage Franchisee

      Launching La Rosa's multi-level revenue share plan in Puerto Rico intended to empower realtors with a unique income stream Hosting Discover the La Rosa Difference Event for Real Estate Agents on October 17th at 5 P.M. ET Reaffirms target of generating $100 million in annualized revenue as a 2024 exit run rate Celebration, FL, Aug. 21, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has acquired a 100% interest in the Company's franchisee - BF Prime LLC ("BF Prime"), located in Carolina, Puerto R

      8/21/24 8:45:00 AM ET
      $LRHC
      Real Estate
      Finance
    • La Rosa Announces Historic Achievement: 92 Agents Joined Within One Week Including a Top-Performing Real Estate Brokerage Team with $22M in Sales over Past 12 Months

      Celebration, FL, June 17, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced the addition of 92 real estate agents to its team within one week, starting from June 10, 2024. Among the new additions is the Millenian Group, a top-performing real estate brokerage team based in Orlando, Florida. The Millenian Group consists of six proven team leaders: Eliza Anez, Monica Urrutia, Dayana Romero, Carmen Molina, Maria Castrellon, and Linguesy Tovar. This high-performing group has collectively closed over 80 transactions and achi

      6/17/24 1:10:00 PM ET
      $LRHC
      Real Estate
      Finance

    $LRHC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by La Rosa Holdings Corp.

      SC 13G - La Rosa Holdings Corp. (0001879403) (Subject)

      1/17/24 4:05:09 PM ET
      $LRHC
      Real Estate
      Finance