La Rosa (LRHC)
Search documents
La Rosa Holdings Corp. Launches AI-Powered Communication Bot to Streamline Recruiting and Agent Support
Globenewswire· 2025-07-15 12:30
Core Insights - La Rosa Holdings Corp. has launched an AI-powered communication bot aimed at enhancing agent recruiting and support operations across its platform [1][3] - The bot is designed to manage high-volume recruiting inquiries, ensuring timely responses and data accuracy throughout the recruiting pipeline [2][9] - This initiative is part of La Rosa's three-year roadmap for digital transformation and operational efficiency, reflecting its commitment to building a more agent-centric organization [3] Company Overview - La Rosa Holdings Corp. operates in the real estate and PropTech sectors, providing agents with flexible compensation options, including a revenue-sharing model and a 100% commission structure [4] - The company offers a range of services, including residential and commercial real estate brokerage, franchising, education, coaching, and property management [5] - La Rosa operates 26 corporate-owned brokerage offices across several states in the U.S. and has recently begun expanding into Europe, starting with Spain [6]
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
Core Insights - La Rosa Holdings Corp. has entered a strategic agreement with The Agency Dominican Republic to co-broker the IBIS Romana Bayahibe project in the Dominican Republic and secure exclusive sales rights in Puerto Rico [1][2][4] Group 1: Agreement Details - The agreement allows La Rosa Realty to market and sell units of the IBIS project, enhancing its presence in the luxury real estate market [1][2] - La Rosa will implement targeted sales strategies aimed at affluent buyers in Latin America and the Caribbean [2][4] - The company will serve as the exclusive sales agent for any sales of IBIS in Puerto Rico, positioning itself as a key player in cross-border real estate transactions [1][10] Group 2: Market Potential - Puerto Rico is identified as a high-potential market for affluent buyers seeking premium second homes and investment properties [4] - The agreement is expected to empower La Rosa's agents to capitalize on international opportunities, potentially increasing commission-based income [4][10] Group 3: Business Model and Operations - La Rosa Holdings Corp. operates 26 corporate-owned brokerage offices across various states and has recently expanded into Europe, starting with Spain [7] - The company offers flexible compensation options for agents, including a revenue-sharing model and a fee-based structure with 100% commission [5][6] - La Rosa's business model encompasses residential and commercial real estate brokerage services, technology-driven products, and support for agents and franchise partners [6]
La Rosa Holdings Corp. Launches New Transaction Management Module, Intended to Deliver Significant Cost Savings and Operational Efficiencies
Globenewswire· 2025-07-07 12:00
Core Insights - La Rosa Holdings Corp. has launched My Agent Account Version 4.0, enhancing its proprietary agent platform with a new Transaction Management module aimed at improving efficiency and reducing costs [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 technology-driven platform to enhance service delivery [4][5] - The company has a network of 26 corporate-owned brokerage offices across several states in the U.S. and is expanding into Europe, starting with Spain [6] Product Features - The My Agent Account platform serves as a centralized hub for agents, streamlining operations and reducing administrative workload [2] - The new transaction management module is designed to improve workflow management and is expected to include features like automated notifications and market condition alerts [3] Strategic Goals - The CEO emphasized that the upgrade is a strategic investment that will benefit both agents and operations, contributing to sustainable growth [3] - The company has surpassed 3,000 agents, which is expected to increase recurring revenue from the My Agent Account subscription model [3]
La Rosa (LRHC) - 2025 Q2 - Quarterly Results
2025-08-19 20:05
FORM 8-K Filing Details This section provides an overview of the Form 8-K filing, including registrant identification and status [Registrant Information](index=1&type=section&id=Registrant%20Information) This section provides the basic identification details of La Rosa Holdings Corp. as the registrant, including its state of incorporation, principal executive offices, and confirms its status as an emerging growth company - La Rosa Holdings Corp. is incorporated in Nevada with its principal executive offices in Celebration, Florida[2](index=2&type=chunk) - The company's common stock is traded on The Nasdaq Stock Market LLC under the symbol LRHC[2](index=2&type=chunk) - La Rosa Holdings Corp. is designated as an 'emerging growth company'[3](index=3&type=chunk) Item 2.02 Results of Operations and Financial Condition This section reports preliminary unaudited H1 2025 financial results, detailing revenue growth and future reporting [Preliminary Unaudited Revenue for H1 2025](index=2&type=section&id=Preliminary%20Unaudited%20Revenue%20for%20H1%202025) La Rosa Holdings Corp. announced preliminary unaudited revenue for the first half of fiscal year 2025, showing significant year-over-year growth. The company also noted that these figures are subject to adjustments and full financial results will be released later Preliminary Unaudited Revenue H1 2025 | Metric | Value | | :--- | :--- | | Total Revenue (H1 2025) | $38.4 million | | Year-over-Year Increase | ~19.4% | - The preliminary revenue figures are unaudited and subject to customary adjustments[4](index=4&type=chunk) - The company expects to release full financial results for Q2 2025 and file its Form 10-Q in due course[4](index=4&type=chunk) Item 8.01 Other Events This section details the press release included as an exhibit to the Form 8-K, clarifying its legal status [Press Release as Exhibit](index=2&type=section&id=Press%20Release%20as%20Exhibit) This section confirms that the press release detailing the preliminary financial results, as referenced in Item 2.02, is furnished as Exhibit 99.1 to this Form 8-K, along with a legal disclaimer regarding its filing status - A press release dated July 3, 2025, is furnished as Exhibit 99.1 to this Current Report on Form 8-K[5](index=5&type=chunk)[8](index=8&type=chunk) - The disclosure under Item 8.01, including Exhibit 99.1, is furnished and not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934[6](index=6&type=chunk) Item 9.01 Financial Statements and Exhibits This section lists all financial statements and exhibits included in the Form 8-K filing [List of Exhibits](index=2&type=section&id=List%20of%20Exhibits) This section lists the exhibits accompanying the Form 8-K filing, which include the press release and the interactive data file Exhibits Filed | Exhibit No. | Description | | :--- | :--- | | 99.1 | Press Release of La Rosa Holdings Corp., dated July 3, 2025 | | 104 | Cover Page Interactive Data File (embedded with the Inline XBRL document) | SIGNATURES This section formally authorizes and confirms the signatory responsible for the Form 8-K filing [Authorization and Signatory](index=3&type=section&id=Authorization%20and%20Signatory) This section confirms the due authorization and signing of the report on behalf of La Rosa Holdings Corp. by its Chief Executive Officer - The report was signed on July 3, 2025, by Joseph La Rosa, Chief Executive Officer of La Rosa Holdings Corp.[10](index=10&type=chunk)[11](index=11&type=chunk)
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 Relies on Lofty to Support National Expansion Strategy
GlobeNewswire News Room· 2025-06-23 12:28
Core Insights - Lofty partners with La Rosa Holdings Corp. to enhance the efficiency of real estate transactions and support La Rosa's national expansion strategy [1][2] - Over 500 La Rosa agents have adopted Lofty's platform, indicating strong demand and user engagement [1][3] - Lofty's AI-powered platform is designed to optimize the real estate journey, enabling brokerages to convert 42% more leads compared to other solutions [3][5] Company Overview - La Rosa Holdings Corp. operates 26 corporate-owned brokerage offices across multiple states and Puerto Rico, providing both residential and commercial real estate services [2][9] - The company employs a flexible compensation model for agents, including revenue-sharing and 100% commission options [6][9] - La Rosa is expanding into Europe, starting with Spain, and operates a full-service escrow settlement and title company in Florida [9] Technology and Innovation - Lofty's platform offers a comprehensive technology foundation that supports the unique needs of traditional and modern brokerages [3][5] - The platform features multilingual capabilities and an AI Sales Assistant that supports over 50 languages, enhancing client engagement [8] - Lofty's technology aims to streamline processes, reduce operational costs, and improve agent productivity [1][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]