La Rosa Holdings Corp. Reports 34% Year-Over-Year Increase

From GlobeNewswire: 2025-05-29 08:00:00

La Rosa Holdings Corp. reported a 32% increase in gross profit to $1.5 million and a 39% increase in residential real estate services revenue to $14.3 million in Q1 2025 compared to Q1 2024. Total revenue grew by 34% to $17.5 million. CEO Joe La Rosa attributes the growth to the company’s strong platform and organic growth strategy.

The company’s net loss for Q1 2025 was $95.9 million, primarily due to non-cash charges related to derivative liabilities. La Rosa plans to restructure these liabilities to improve financials. Despite the loss, core business remains strong. La Rosa focuses on scaling offices, supporting agents, and expanding nationally and internationally with a competitive compensation model.

Total operating expenses for Q1 2025 were $6.2 million, resulting in a loss from operations of $4.7 million. Other expenses increased in 2025 due to a loss on senior secured convertible notes but offset by gains in fair value. Net loss was $95.9 million, compared to $4.8 million in Q1 2024. The company is committed to long-term growth and value for shareholders.

La Rosa Holdings Corp., listed on Nasdaq as LRHC, is revolutionizing the real estate industry with flexible compensation options for agents. The company provides residential and commercial brokerage services, technology-driven products, and support for agents and franchise partners. La Rosa operates in multiple states across the US and recently expanded into Europe, starting with Spain.

The company’s condensed consolidated balance sheets show total assets of $21.04 million and liabilities of $104.42 million as of March 31, 2025. Total stockholders’ equity stands at $(83.38) million. In Q1 2025, La Rosa reported a gross profit of $1.54 million from revenue of $17.51 million. The company incurred a net loss of $95.9 million due to various expenses and losses.

For more information on La Rosa Holdings Corp., visit their website at https://www.larosaholdings.com. Stay updated on news by signing up for alerts at larosaholdings.com/email-alerts. Contact the company at [email protected] or reach out to investor relations at [email protected] or (212) 671-1020. Forward-looking statements in the press release are subject to risks and uncertainties, so caution is advised when interpreting future expectations.



Read more at GlobeNewswire:: La Rosa Holdings Corp. Reports 34% Year-Over-Year Increase