La Rosa (LRHC)

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La Rosa Holdings Corp. Extinguishes Majority of Outstanding Warrants Through Exchange Agreements, Strengthening Balance Sheet
Globenewswire· 2025-07-24 13:15
Company Regains Nasdaq Compliance with Minimum Bid Price RequirementCelebration, FL, July 24, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech company, announced today that it has extinguished a majority portion of its outstanding warrants (the “Warrants”) through the execution of two exchange agreements with warrant holders, including its Chief Executive Officer and Chairman, Joseph La Rosa. The Company also announced that, on July 21, ...
La Rosa Holdings Corp. Launches AI-Powered Communication Bot to Streamline Recruiting and Agent Support
Globenewswire· 2025-07-15 12:30
Celebration, FL, July 15, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a real estate and PropTech company, today announced the launch of its proprietary AI-powered communication bot built specifically to enhance agent recruiting and support operations across its platform. The system is built with secure architecture and is fully compliant with data privacy regulations. The bot integrates directly with La Rosa's internal CRM and communications tools ensuring ti ...
La Rosa Realty LLC Enters in a Strategic Agreement with The Agency Dominican Republic Participating in IBIS Romana Bayahibe Project as a Co-Broker and Securing Exclusive Rights for IBIS sales in Puerto Rico
GlobeNewswire News Room· 2025-07-08 12:00
Celebration, FL, July 08, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech company, today announced a strategic agreement between its wholly owned subsidiary, La Rosa Realty LLC (“La Rosa Realty”), and The Agency Dominican Republic (“TADR”), securing rights for its agents to act as co-brokers to market and sell units of the IBIS Romana Bayahibe (“IBIS”) project in Dominican Republic, and exclusive rights for any sales of IBIS in Puerto R ...
La Rosa (LRHC) - 2025 Q2 - Quarterly Results
2025-07-03 20:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 3, 2025 La Rosa Holdings Corp. (Exact name of registrant as specified in its charter) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuan ...
Top 2 Real Estate Stocks Which Could Rescue Your Portfolio In July
Benzinga· 2025-07-03 12:04
Group 1 - The real estate sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] - An asset is considered oversold when the Relative Strength Index (RSI) is below 30, indicating potential short-term performance improvement [1] Group 2 - MacKenzie Realty Capital Inc (MKZR) reported a third-quarter loss of $0.47 per share, compared to a loss of $0.26 per share a year ago, with an RSI value of 24.5 [6] - The stock of MacKenzie Realty Capital fell approximately 26% over the past month, closing at $0.64, with a 52-week low of $0.60 [6] - La Rosa Holdings (LRHC) announced an 80-for-1 reverse stock split, with an RSI value of 17.6, and its stock fell around 43% over the past five days, closing at $0.080 [6]
La Rosa Holdings Corp. Announces Significant Milestone: Surpasses 3,000 Agents and Reports Preliminary Unaudited Revenue of $38.4 Million for the First Half of 2025, Achieving 19.4% Year-Over-Year Growth
Globenewswire· 2025-07-03 12:00
Core Insights - La Rosa Holdings Corp. has surpassed 3,000 real estate agents in its network, marking a significant milestone in its growth trajectory [1][2] - The company reported preliminary unaudited revenue of approximately $38.4 million for the first half of 2025, reflecting a year-over-year growth of about 19.4% compared to the same period in 2024 [1][2] Company Overview - La Rosa Holdings Corp. is a real estate and PropTech company that offers flexible compensation options for agents, including a revenue-sharing model and a fee-based structure with 100% commission [3] - The company aims to equip agents and franchisees with the necessary tools to deliver exceptional service through its proprietary technology platform [3] Business Model and Services - La Rosa provides both residential and commercial real estate brokerage services, along with technology-driven products and support for agents and franchise partners [4] - The business model encompasses internal services for agents and external offerings for the public, including real estate brokerage, franchising, education and coaching, and property management [4] Expansion and Operations - The company operates 26 corporate-owned brokerage offices across several states, including Florida, California, Texas, Georgia, North Carolina, and Puerto Rico [5] - La Rosa has initiated its expansion into Europe, starting with engagement of an area developer in Spain, and also has six franchised offices and branches in the U.S. and Puerto Rico [5]
La Rosa Holdings Corp. Announces 80-for-1 Reverse Stock Split to Regain Compliance with Nasdaq’s Minimum Bid Price Requirement and Reduce the Public Float
Globenewswire· 2025-07-02 12:30
Core Viewpoint - La Rosa Holdings Corp. will implement an 80-for-1 reverse stock split effective July 7, 2025, to comply with Nasdaq's minimum bid price requirement and potentially attract institutional investors [1][2][3] Company Overview - La Rosa Holdings Corp. operates in the real estate and PropTech sectors, providing agents with flexible compensation options and a proprietary technology platform [4] - The company offers both residential and commercial real estate brokerage services, along with technology-driven products and support for agents and franchise partners [5] Business Operations - La Rosa operates 26 corporate-owned brokerage offices across several states including Florida, California, Texas, Georgia, North Carolina, and Puerto Rico, and is expanding into Europe [6] - The company has six franchised offices and branches, as well as three affiliated brokerage locations in the U.S. and Puerto Rico, and operates a full-service escrow settlement and title company in Florida [6] Strategic Goals - The CEO of La Rosa expressed confidence in the company's business outlook, emphasizing a shift from a growth-only mindset to sustainable financial performance, with a goal of achieving positive cash flow and profitability by the end of 2025 [3]
La Rosa Holdings Corp. Signs LOI with MiiX Financial Holdings to Launch Credit-Free Home Financing Program
Globenewswire· 2025-06-12 12:00
Core Viewpoint - La Rosa Holdings Corp. has entered into a non-binding Letter of Intent with MiiX Financial Holdings Trust to implement and distribute MiiX's residential financing solutions, aiming to enhance accessibility and efficiency in real estate transactions [1][2]. Group 1: Strategic Alliance - The partnership aims to create a long-term strategic alliance focused on MiiX's platform that removes traditional credit requirements, providing homeownership solutions for all income and credit levels [2][4]. - The collaboration is expected to modernize the real estate market, similar to the impact of fintech on traditional finance [4]. Group 2: Operational Structure - Under the LOI, La Rosa and MiiX will work towards a definitive agreement, determining the operational structure and deployment timeline [3]. - La Rosa will become the exclusive real estate partner for MiiX's financing technology, integrating MiiX's products into La Rosa's agent workflows and property listings [8]. Group 3: Company Overview - La Rosa Holdings Corp. operates approximately 2,900 agents and offers flexible compensation options, including a revenue-sharing model and a 100% commission structure [5][6]. - The company provides both residential and commercial real estate brokerage services, along with technology-driven products and support for agents and franchise partners [6]. - La Rosa has a presence in multiple states and is expanding into Europe, starting with Spain [7].
La Rosa Slides on Wider Y/Y Net Loss in Q1, Revenues Jump 34%
ZACKS· 2025-06-05 17:05
Core Viewpoint - La Rosa Holdings Corp. experienced a significant decline in stock price following the release of its first-quarter 2025 results, with a 24.2% drop compared to a 7.9% rise in the S&P 500 index during the same period [1] Earnings & Revenue Performance - For Q1 2025, La Rosa reported total revenues of $17.5 million, a 34% increase from $13.1 million in Q1 2024, driven by a 39% rise in residential real estate services revenues to $14.3 million [2] - Property management revenues increased by 17% to approximately $3 million, while commercial brokerage revenue nearly doubled to $57,000 from $29,000 [3] - Despite revenue growth, the company reported a net loss of $95.9 million, or $5.86 per share, compared to a loss of $4.8 million, or $0.35 per share, in the same quarter last year [3] Other Key Business Metrics - Gross profit rose 32% to $1.54 million, maintaining a gross margin of 8.8%, while operating expenses increased to $6.2 million from $5.7 million, resulting in an operating loss of $4.7 million [4] - The steep net loss was primarily due to non-operational items, including a $128.8 million loss on a senior secured convertible note issuance, partially offset by a $37.1 million gain related to fair value adjustments [5] Management Commentary - CEO Joseph La Rosa highlighted the quarter's performance as validation of the firm's organic growth strategy, with the agent network expanding to over 2,800 agents as of April 30, 2025 [6] - Management indicated that a significant portion of the net loss was due to non-cash, one-time items, and a new treasury strategy is being implemented to phase out these liabilities [7] Factors Influencing the Headline Numbers - Revenue growth was driven by strong performance in residential real estate services and steady gains in property management and commercial services, supported by agent recruitment and national expansion [8] - General and administrative expenses rose to $3.73 million from $2.32 million, influenced by higher compensation, marketing, and operational costs [8] Management View - Management noted that second-quarter performance is tracking ahead of last year's pace, suggesting a cautiously optimistic outlook if non-cash charges decrease and revenue momentum continues [11] Other Developments - La Rosa initiated a $500,000 stock repurchase program approved on April 23, 2025, allowing management discretion on timing and volume of repurchases until December 31, 2025 [12] - The company took steps to simplify its capital structure, eliminating previously held vested warrants and issuing equity for consulting and marketing agreements [13]
La Rosa Holdings Corp. to Expand into Valencia and Canary Islands, Spain following Successful Events in Málaga and Madrid
Globenewswire· 2025-06-05 12:00
Core Insights - La Rosa Holdings Corp. is advancing its international expansion strategy, particularly in Spain, following participation in key real estate events [1][4] - The company has established a subsidiary in Madrid to develop the La Rosa Realty España brand and is in the process of obtaining local licenses [2] - La Rosa has signed a Letter of Intent with a Spanish real estate professional to convert her offices into La Rosa-branded locations [2] Company Developments - The average home prices in Spain have increased by approximately 11% year-over-year as of Q1 2025, with regions like Valencia and the Canary Islands experiencing double-digit growth [3] - The CEO of La Rosa emphasized the opportunities arising from their presence at leading real estate events in Spain and the importance of establishing a strong foundation for their brand in the country [4] - La Rosa's business model includes flexible compensation options for agents, a revenue-sharing model, and a focus on technology and community culture [6][8] Market Context - La Rosa Holdings operates 26 corporate-owned brokerage offices across various states in the U.S. and has recently begun its expansion into Europe, starting with Spain [8] - The company offers a range of services including residential and commercial real estate brokerage, franchising, education, coaching, and property management [7]