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
La Rosa Holding Company (LRHC)
Company Research
Source: GlobeNewswire
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 residential and commercial real estate brokerage services and offers coaching and support services to agents on a fee basis. Joe La Rosa, CEO of La Rosa, commented, “Acquiring full ownership of Realty Premier is an important step in our growth strategy, strengthening our presence in the Orlando market an
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News
- 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 [Yahoo! Finance]Yahoo! Finance
- 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 MillionGlobeNewswire
- La Rosa Holdings to Unveil Proprietary Technology Advancements at Growth Summit 2024GlobeNewswire
- La Rosa Holdings Reports Preliminary 9-Month Revenue for 2024 of Approximately $45 Million, Reflecting 120% Year-Over-Year GrowthGlobeNewswire
- 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-EndGlobeNewswire
LRHC
Sec Filings
- 11/19/24 - Form 10-Q
- 11/14/24 - Form 8-K
- 11/13/24 - Form NT
- LRHC's page on the SEC website