La Rosa Holdings Reports Preliminary 9-Month Revenue for 2024 of Approximately $45 Million, Reflecting 120% Year-Over-Year Growth
La Rosa Holding Company (LRHC)
Company Research
Source: GlobeNewswire
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 real estate brokerage franchisees and an increase in agent count. We recently announced a Letter of Intent (LOI) to acquire a real estate brokerage firm that generated over $19 million in revenue for 2023 and has more than 950 agents across multiple states. The firm also offers a proprietary cloud-b
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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 Corp. Acquires 100% Ownership of La Rosa Realty Premier Franchisee with Approx. $2.09 Million in Revenue and Positive Net Income for 2023GlobeNewswire
- La Rosa Holdings to Unveil Proprietary Technology Advancements at Growth Summit 2024GlobeNewswire
- 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