La Rosa Holdings Corp

Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q4 2024

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La Rosa Holdings Corp. operates as a holding company, which provides real estate brokerage services. It sells technology-based products and services primarily to sales agents and the sales agents associated with its franchisees. The company operates through the five reportable segments: Residential Real Estate Brokerage Services, Franchising Services, Coaching Services, Property Management, and Commercial Real Estate Brokerage Services. The Residential Real Estate Brokerage Services segment engages in the real estate brokerage business. The Franchising Services segment engages in the franchising of real estate brokerage agencies. The Coaching Services segment engages in the delivery of coaching services to its brokers and franchisee's brokers. The Property Management segment engages in the training of its sales agents to provide residential property management services to owners of single family residential properties. The Commercial Real Estate Brokerage Services segment engages in the brokering of the sale of commercial real estate. La Rosa Holdings was founded by Joseph La Rosa in 2004 and is headquartered in Celebration, FL.

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.

La Rosa Holdings to Offer Bitcoin and Cryptocurrency Payment Options to its Real Estate Agents

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.

La Rosa Holdings Launches its First Office in North Carolina

LRHC reports strong y/y revenue growth in Q3. However, it struggles with rising losses and debt as it expands its agent network and services.

La Rosa Posts 188% Y/Y Revenue Surge in Q3, Faces Loss Amid Expansion

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.

La Rosa Holdings Reports 155% Year-Over-Year Increase in Revenue to $51.7 Million for the First 9 Months of 2024; Surpassing Initial Revenue Guidance by Approximately $6.7 Million

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%.

La Rosa Holdings Corp. Acquires 100% Ownership of La Rosa Realty Premier Franchisee with Approx. $2.09 Million in Revenue and Positive Net Income for 2023

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.

La Rosa Holdings to Unveil Proprietary Technology Advancements at Growth Summit 2024

Celebration, Florida--(Newsfile Corp. - October 24, 2024) - 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 will be presenting at LD Micro 17th Annual Main Event being held October 28th - 30th, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles, CA. Joe La Rosa, CEO of La Rosa Holdings, is scheduled to present on Tuesday, October 29th, 2024 at 12:00 PM Pacific Time/3:00 PM Eastern Time.

La Rosa Holdings to Present at the LD Micro Main Event XVII on October 29th

Increased Utilization and Downloads of My Agent Account Reflect Growing Adoption of La Rosa's Proprietary Platform by its Agents Increased Utilization and Downloads of My Agent Account Reflect Growing Adoption of La Rosa's Proprietary Platform by its Agents

La Rosa Holdings Launches My Agent Account Version 3.0 with Enhanced Property Management Disbursement Features; Expected to Enhance La Rosa's Agents' Productivity and Efficiency by 50% by Year-End

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CIM Commercial Trust

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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.

La Rosa Holdings Announces Debt Restructuring; Conversion Rights Halted and Principal & Interest Payments Deferred Until February 2025

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.

La Rosa Holdings to Participate in iAccess Alpha Buyside Best Ideas Fall Conference 2024 on September 24 and 25, 2024

Brokerage Firm Offers Proprietary Cloud-Based SaaS Platform for Real Estate Agents Brokerage Firm Offers Proprietary Cloud-Based SaaS Platform for Real Estate Agents

La Rosa Holdings Announces Intent to Acquire Real Estate Brokerage Firm with Over 950 Agents and More Than $19.0 Million in Revenue for 2023

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.

La Rosa to Present at the H.C. Wainwright 26th Annual Global Investment Conference on September 10th

Launching La Rosa's multi-level revenue share plan in Puerto Rico intended to empower realtors with a unique income stream

La Rosa Acquires Twelfth Real Estate Brokerage Franchisee

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.

La Rosa Reports 154% Year-Over-Year Increase in Revenue to $19.1 Million for the Second Quarter of 2024

Reaffirms target to generate $100 million of annualized revenue as a 2024 exit run rate Reaffirms target to generate $100 million of annualized revenue as a 2024 exit run rate

La Rosa Property Management Announces Intent to Acquire Celebration Corporate Center LLC Along with its Commercial Real Estate

Anticipates Exceeding 4,000 Agents by the End of the Year, Representing a Potential 62% Increase in Agent Count Since IPO Anticipates Exceeding 4,000 Agents by the End of the Year, Representing a Potential 62% Increase in Agent Count Since IPO

La Rosa Achieves Historic Milestone with Over 200 Agents Onboarded in June

La Rosa (NASDAQ: LRHC ) stock is heading higher on Tuesday after the residential real estate company said it will white label its proprietary artificial intelligence (AI) system, JAEME. JAEME is an AI assistant for real estate agents that was launched in October 2023.

Why Is La Rosa (LRHC) Stock Up 49% Today?

JAEME Experienced a 92.6% Increase in Utilization in Five Months After Launch JAEME Experienced a 92.6% Increase in Utilization in Five Months After Launch

La Rosa Holdings Corp to White Label Proprietary AI System ‘JAEME' to Support Real Estate Agents, Creating New Revenue Stream

Title insurance capabilities aimed at broadening service offerings and equipping agents with new tools to compete and win in the market Title insurance capabilities aimed at broadening service offerings and equipping agents with new tools to compete and win in the market

La Rosa Holdings Corp Announces Plans to Acquire Controlling Interest in Red Door Title

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.

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

The Company requests this withdrawal as it no longer intends to pursue the public offering at this time and believes it aligns with public interest and investor protection The Company requests this withdrawal as it no longer intends to pursue the public offering at this time and believes it aligns with public interest and investor protection

La Rosa Request for Withdrawal of Registration Statement on Form S-1

Celebration, FL, May 31, 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 will be participating in the Spring MicroCap Rodeo Conference that will be held on Thursday, June 6, 2024 in New York City.

La Rosa to Present at the Spring MicroCap Rodeo Conference on June 6th

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.

La Rosa Acquires Eleventh Real Estate Brokerage Franchisee

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.

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