SC 13G - La Rosa Holdings Corp. (0001879403) (Subject)
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
Celebration, FL, Oct. 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 preliminary unaudited revenue for the first nine months of 2024, totaling an estimated $45 million. This represents an approximately 120% increase in revenue year-over-year, as compared to the same period in 2023. Joe La Rosa, CEO of La Rosa, commented, "Our growth rate accelerated during the first nine months of 2024, driven by exceptional year-over-year performance, as compared to the same period in 2023, resulting from the acquisition of r
Celebration, FL, Oct. 09, 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 launch of My Agent Account version 3.0, a significant upgrade to its proprietary platform, which now includes a new module specifically designed for property management disbursements. This update is expected to improve operational efficiency for agents across the Company. My Agent Account, La Rosa's proprietary platform, was designed to empower agents with a comprehensive suite of tools and resources. Serving as a centralized hub, it en
Restructuring benefits financial position and reduces debt under the notes by approximately 9.5% Reaffirms target of $100 million annualized revenue exit run rate for 2024, with profitability expected in 2025 Celebration, FL, Sept. 26, 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 that it has entered into an amendment with its noteholder to restructure debt under three outstanding notes issued to the holder in February, April, and July 2024. As part of the amendment, the Company agreed to repay to t
Celebration, FL, Sept. 18, 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 that that it has been invited to present at the iAccess Alpha Buyside Best Ideas Investor Conference on September 24-25, 2024. Joe La Rosa, CEO of the Company is scheduled to host virtual one-on-one meetings with institutional investors throughout the event, and will host a virtual presentation as follows: iAccess Alpha Buyside Best Ideas Conference Date: Tuesday, September 24, 2024 Time: 2:30 p.m. Eastern Time Webcast: https://www.webca
Celebration, FL, Sept. 17, 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 that it has entered into a non-binding Letter of Intent to acquire a real estate brokerage firm with over 950 agents and offices in multiple states. The firm also offers a proprietary cloud-based Software-as-a-Service (SaaS) platform tailored for real estate agents and generated more than $19.0 million in revenue for 2023. Joe La Rosa, CEO of the Company, commented, "This potential strategic acquisition aligns with our vision of advancing techn
Celebration, FL, Sept. 05, 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 the Company has onboarded over 400 agents since June 1, 2024. This record growth is due in part to the broad appeal of La Rosa's innovative multi-level, revenue-share commission plan, which is disrupting the real estate industry by increasing transparency, as well as enabling agents to earn revenue immediately and without restrictions. The plan combines immediate earning potential, a five-level structure, and the flexibility of a 100%
Celebration, FL, Aug. 29, 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 that management will participate in the H.C. Wainwright 26th Annual Global Investment Conference being held September 9th – 11, 2024 at the Lotte New York Palace Hotel in New York City. Joe La Rosa, Chief Executive Officer of the Company, is scheduled to present at 4:30 p.m. Eastern Time on Tuesday, September 10th. The presentation will be webcast live and available at https://journey.ct.events/view/da443168-6489-42a9-ada9-8a80d3b56758 as wel
La Rosa Holdings Corp (NASDAQ: LRHC) announced that it has entered into a non-binding Letter of Intent to acquire Celebration Corporate Center LLC. The Company expects to acquire this entity through its wholly-owned subsidiary, La Rosa Property Management LLC (“LRPM”). As a result of the acquisition, LRPM will become a direct owner of Celebration Corporate Center LLC and its commercial real estate located in Celebration, Florida. Also Read: EXCLUSIVE: La Rosa Reports 15% Growth in Q2 Transaction Volume LRPM specializes in property management services for single-family residential property owners and manages a diverse portfolio of properties across Florida. The Company anticipa
La Rosa Holdings Corp. (NASDAQ:LRHC), a player in the real estate sector, announced a 15% rise in transaction volume for the second quarter of 2024 compared to the first quarter. The total transaction value was a substantial 21% increase, nearly hitting $110 million. Joe La Rosa, CEO of the Company, expressed his excitement over the growth figures, attributing it to strategic initiatives and the hard work of their team. Last month, the company welcomed a significant number of new agents, which contributed to the increased transaction volume. “In our view, our model revolutionizes existing revenue share structures in the real estate industry by enabling agents to earn revenue imme
La Rosa Holdings Corp (NASDAQ: LRHC) announced a milestone: onboarding over 200 agents in the month of June. Joe La Rosa, CEO of the Company, commented, “Our transparent and easy-to-understand model is more agent-centric, providing unparalleled opportunities for agents to thrive and succeed in the competitive real estate market. We anticipate exceeding 4,000 agents by the end of this year, which would represent a 62% increase in our agent count since going public in October 2023." "Our focus on innovation, education, and community has created a strong foundation for our agents to thrive.,” concluded Mr. La Rosa. La Rosa Holdings provides both residential and commercial real estate b
La Rosa Holdings's (NYSE:LRHC) short percent of float has risen 100.0% since its last report. The company recently reported that it has 17 thousand shares sold short, which is 0.2% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
10-Q - La Rosa Holdings Corp. (0001879403) (Filer)
8-K - La Rosa Holdings Corp. (0001879403) (Filer)
NT 10-Q - La Rosa Holdings Corp. (0001879403) (Filer)
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DEF 14A - La Rosa Holdings Corp. (0001879403) (Filer)
8-K - La Rosa Holdings Corp. (0001879403) (Filer)
8-K - La Rosa Holdings Corp. (0001879403) (Filer)
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
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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
Celebration, FL, Jan. 04, 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 North Florida LLC ("Realty North Florida") located in Jacksonville, Florida. Realty North Florida generated revenue of $4.3 million and generated positive cash flow from operations, excluding costs of the executive management in 2022. The franchisee provides residential and commercial real estate brokerage services. It also provides coaching and support service