La Rosa Reports 117% Year-Over-Year Increase in Revenue to $13.1 Million for the First Quarter of 2024
La Rosa Holding Company (LRHC)
Company Research
Source: GlobeNewswire
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 March 31, 2023Residential real estate services revenue increased $6.9 million to $10.2 million, or 211%, for the first quarter ended March 31, 2024, versus the comparable prior year periodIncreased transaction fees, monthly agent fees, and annual fees effective September 1, 2023, which, if volume re
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News
- La Rosa Holdings Corp to White Label Proprietary AI System ‘JAEME' to Support Real Estate Agents, Creating New Revenue Stream [Yahoo! Finance]Yahoo! Finance
- La Rosa Holdings Corp to White Label Proprietary AI System ‘JAEME’ to Support Real Estate Agents, Creating New Revenue StreamGlobeNewswire
- La Rosa Holdings Corp Announces Plans to Acquire Controlling Interest in Red Door Title [Yahoo! Finance]Yahoo! Finance
- La Rosa Holdings Corp Announces Plans to Acquire Controlling Interest in Red Door TitleGlobeNewswire
- 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 [Yahoo! Finance]Yahoo! Finance
LRHC
Sec Filings
- 6/21/24 - Form 4
- 6/14/24 - Form RW
- 6/12/24 - Form S-1/A
- LRHC's page on the SEC website