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

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

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

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

Celebration, FL, May 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 appointed Lourdes Felix to its Board of Directors. Ms. Felix was also appointed to serve as the Chairperson of the Audit Committee and as a member of the Board's Compensation Committee and Nominating and Corporate Governance Committee. Ms. Lourdes Felix is an accomplished entrepreneur and corporate finance executive with 30 years of combined experience in capital markets, public accounting and in the private sector. She currently

Celebration, FL, Nov. 28, 2023 (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 launched a multi-level revenue share plan designed to empower realtors with a unique income stream. The Company believes this innovative model will provide agents with an opportunity to create passive income from day one, setting a new standard for compensation within the real estate sector. The multi-level revenue share model is called "Ultimate Plan," a four-level revenue share model, designed to create a sustainable and lucra

Celebration, FL , Feb. 25, 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 launch of its European expansion initiative with the engagement of Joaquín Nuevo Alarcón as Area Developer for Spain, effective as of March 1, 2025. This move marks La Rosa's first step in international expansion beyond the United States and Puerto Rico and in a broader European strategy designed to bring its disruptive, agent-first business model to the global real estate market. As part of its long-term growth strategy, La Rosa is focused

Celebration, FL, Feb. 06, 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 a private placement for gross proceeds of $4.96 million, prior to deducting placement agent fees and other expenses payable by the Company. The proceeds from the private placement are intended to pay down debt, to fund future potential acquisitions, and to use for other general corporate purposes. Joe La Rosa, CEO of La Rosa, commented, "We are pleased to secure this investment, which not only fuels our potential expansion but also allows us t

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

Celebration, FL, Jan. 23, 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 preliminary unaudited revenue for fiscal year 2024, totaling an estimated $65 million. This represents an approximately 104% increase in revenue year-over-year, as compared to revenue for 2023 fiscal year. Joe La Rosa, CEO of La Rosa, commented, "Achieving over 100% year-over-year revenue growth underscores the strength of our business model. This remarkable performance was driven by strategic acquisitions of real estate brokerage franchisees an

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.

Celebration, FL, Dec. 23, 2024 (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 it will offer Bitcoin and other cryptocurrencies as a payment option for its network of agents. This initiative provides agents the flexibility to receive certain payments in digital assets, marking a progressive step toward integrating blockchain technology into real estate transactions. The plan addresses the growing demand for alternative payment methods among agents and clients alike. Alex Santos, CTO of La Rosa, stated, "Our intention to i

Celebration, FL, Dec. 11, 2024 (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 opening of its first office in North Carolina. North Carolina continues to demonstrate significant momentum in its real estate market. As of October 2024: Home prices in North Carolina increased by 2.5% year-over-year, reflecting sustained demand and market strength.On average the number of homes sold rose by 4.6%, showcasing growing buyer activity despite higher interest rates.The inventory of homes for sale grew by 19.0%, signaling increa

Revenue for the Third Quarter of 2024 Increased 188% Year-Over-Year to $19.6 Million Targeting $100 Million Annualized Revenue as 2024 Exit Run Rate CELEBRATION, Fla., Nov. 20, 2024 (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 provided a business update and reported financial results for the third quarter ended September 30, 2024. Key Financial Highlights Total revenue increased 188% year-over-year to $19.6 million for the third qua

Celebration, FL, Nov. 13, 2024 (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 acquisition of the remaining 49% interest in its franchisee, La Rosa Realty Premier, LLC ("Realty Premier"), located in Orlando, Florida. This acquisition follows the Company's initial purchase of 51% interest in December 2023, bringing La Rosa's total ownership of Realty Premier to 100%. Realty Premier generated approximately $2.09 million in revenue and reported positive net income for 2023. The franchisee provides a range of residentia

Celebration, FL, Nov. 07, 2024 (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 commencement of its Growth Summit 2024 in Orlando, Florida, starting at 10 a.m. EST. During the event, the Company will unveil advancements in its proprietary real estate technology. The summit is at capacity, with all 500 tickets claimed. Attendees will gain insights into the latest tools and innovations designed to drive agent success, enhance productivity, and help to position La Rosa as a leader in real estate technology. My Agent Acco

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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.

Celebration, FL, Nov. 13, 2024 (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 acquisition of the remaining 49% interest in its franchisee, La Rosa Realty Premier, LLC ("Realty Premier"), located in Orlando, Florida. This acquisition follows the Company's initial purchase of 51% interest in December 2023, bringing La Rosa's total ownership of Realty Premier to 100%. Realty Premier generated approximately $2.09 million in revenue and reported positive net income for 2023. The franchisee provides a range of residentia

Successfully Acquires Eleven Brokerages Since Company's IPO in October 2023 Residential Real Estate Services Revenue Increased 237% to $15.9 Million in Q2 2024 vs Q2 2023 CELEBRATION, Fla., Aug. 16, 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 provided a business update and reported financial results for the second quarter ended June 30, 2024. Key Financial Highlights Total revenue increased 154% year-over-year to $19.1 million for the second quarter ended June 30, 2024 from $7.5 million for the second quarter ended June

Increasing agent count of franchisee by 55% post-acquisition Reaffirms target of generating $100 million in annualized revenue as a 2024 exit run rate Celebration, FL, May 30, 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 completed an acquisition transaction and now holds a 51% interest in the Company's franchisee - La Rosa Realty Success LLC ("Success"), located in Apopka, Florida. Success generated revenue of $0.5 million in 2023. The franchisee provides residential and commercial real e

Successfully Acquires Ten Brokerages Since Company's IPO in October 2023 Residential Real Estate Services Revenue Increased 211% to $10.2 Million in Q1 2024 vs Q1 2023 CELEBRATION, Fla., May 16, 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 provided a business update and reported financial results for the first quarter ended March 31, 2024. Q1 2024 Key Financial Highlights Total revenue increased 117% year-over-year to $13.1 million for the first quarter ended March 31, 2024 from $6.0 million for the first quarter ended M

Brokerage Ranked Number Two for The Highest Agent Count and Number Three in Real Estate Sales in Polk County, Florida in 2023 Reaffirms target anticipated to generate $100 million of annualized revenue as a 2024 exit run rate Celebration, FL, April 25, 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 completed an acquisition transaction and now holds a 51% interest in the Company's franchisee - La Rosa Realty Lakeland LLC (DBA La Rosa Realty Prestige) ("Prestige"), located in Lakeland, Florida

Acquisition of Six Brokerages Increases the Company's Gross Profit 207% in Q4 2023 vs Q4 2022 Revenue Increased 21% to $31.8 Million for Fiscal Year 2023 from 2022 CELEBRATION, Fla., April 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 provided a business update and reported financial results for the fiscal year ended December 31, 2023. Key Financial Highlights Total revenue increased 91% year-over-year to $11.4 million for the fourth quarter ended December 31, 2023 from $6.0 million for the fourth quar

Launching La Rosa's multi-level revenue share plan in California intended to empower realtors with a unique income stream Ninth franchisee that has been acquired since IPO Reaffirms target to generate $100 million of annualized revenue as a 2024 exit run rate Celebration, FL, March 20, 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 completed an acquisition transaction and now holds a 51% interest in the Company's franchisee - La Rosa Realty California LLC ("La Rosa California"), located in Hayward,

Eighth franchisee that has been acquired since IPO Reaffirms target to generate $100 million of annualized revenue as a 2024 exit run rate Celebration, FL, March 13, 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 51% interest in the Company's franchisee - La Rosa Realty Georgia LLC ("La Rosa Georgia"), located in Gainesville, Florida and Alpharetta, Georgia. La Rosa Georgia generated revenue of $3.4 million and reached break-even in 2023. The franchisee provides residential an

Celebration, FL , Feb. 22, 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 - La Rosa Realty Winter Garden LLC ("Winter Garden") located in Winter Garden, Florida. Winter Garden generated revenue of $1.4 million and generated positive cash flow from operations. The franchisee provides residential and commercial real estate brokerage services. It also provides coaching and support services to agents on a fee basis. Joe La Rosa, CEO of the Company, commen