Company Operations - As of March 31, 2025, the company has 2,769 licensed real estate brokers and sales associates across its corporate and franchised offices[29]. - The company operates 26 corporate real estate brokerage offices and 6 franchised offices in 7 states and Puerto Rico[28]. - The company has expanded its operations through 24 subsidiaries, focusing on residential real estate brokerage, coaching, franchising, and property management[62]. - The company operates in the U.S. residential real estate market, valued at $49.7 trillion at the end of 2024, reflecting a year-over-year gain of $2.5 trillion[64]. - As of March 31, 2025, the company provided property management services for approximately 650 properties across Florida, charging homeowners between 8% to 12% of the monthly rental[70]. - The company operates 26 corporate real estate brokerage offices and branches across Florida, California, Texas, Georgia, North Carolina, and Puerto Rico as of April 15, 2025[95]. - In January 2025, the company hired a leader for its commercial real estate division, expecting stronger growth in this segment in 2025 and beyond[71]. Financial Performance - The company incurred a net loss of $14,349,996 for the year ended December 31, 2024, compared to a net loss of $7,823,763 for the year ended December 31, 2023[134]. - The company recorded an impairment of $787,438 for the year ended December 31, 2024, related to goodwill and intangible assets[139]. - Brokerage revenue accounted for 82% of total revenue in 2024, up from 64% in 2023[97]. - Property management revenue decreased to 16% of total revenue in 2024, down from 31% in 2023[97]. - The company has not provided net positive cash flows for the year ended December 31, 2024, raising substantial doubt about its ability to continue as a going concern[134]. - The company plans to pay $418 million over approximately four years as part of a settlement related to broker commissions, effective mid-July 2024[119]. Acquisitions and Growth Strategy - The company completed its initial public offering (IPO) on October 12, 2023, and acquired majority ownership of several franchisees during the fiscal year ended December 31, 2023[35]. - In fiscal year 2024, the company acquired majority ownership of multiple entities, including La Rosa Realty Georgia LLC and La Rosa Realty California[38]. - The company plans to continue growing through acquisitions and is in discussions with several potential franchisees[37]. - The company is actively pursuing strategies to mitigate risks, focusing on expansion through acquisitions to achieve future profitability[136]. Technology and Innovation - The company launched its proprietary technology system, JAEME, in February 2023, aimed at enhancing agent efficiency and marketing[38]. - The company launched its proprietary technology system, JAEME, in October 2023, designed to support agents with personalized content to drive marketing and sales[88]. - The company charges agents a reasonable monthly fee for the use of its suite of technology tools, which includes cloud-based brokerage services and AI-integrated CRM software[90]. - The company aims to enhance agent efficiency and productivity by increasing the use of technology tools as the market slows[83]. Market Conditions - The residential real estate market is cyclical, with fluctuations influenced by mortgage interest rates and economic conditions[104]. - The company expects the housing market slowdown to persist throughout 2025 due to low home-buying affordability, which is near its lowest level in decades[152]. - The median existing-home sales price increased to $398,400 in February 2025, a 3.8% increase from February 2024[99]. - Total housing inventory at the end of February 2025 was 1.24 million units, up 5.1% from January and 17% from one year ago[99]. - Existing home sales in February 2025 were 4.26 million, a 4.2% increase from January but a 1.2% decrease from the prior year[99]. Competition and Industry Challenges - The company faces significant competition from over 360,000 residential real estate brokerage firms in the U.S.[101]. - The company competes against internet-based brokers emphasizing low prices and a do-it-yourself approach[107]. - The company faces intense competition for qualified agents and franchisees, which may hinder its growth strategies[160]. - The financial performance is directly affected by the operating results of franchisees and agents, over whom the company has no direct control[162]. - A prolonged depression in home sales could lead to a decrease in the number of earning agents, negatively impacting financial performance[152]. Regulatory and Compliance Issues - The residential real estate industry is highly regulated, requiring compliance with various federal, state, and local laws[113]. - The company is subject to various state real estate and brokerage licensing laws, which vary from state to state[122]. - The company must comply with various federal and state regulations governing real estate brokerage and franchising, which could impact operations if not adhered to[167]. - The company is subject to environmental laws and climate change risks, which could increase operational costs and liabilities, particularly in coastal areas[174]. Risks and Liabilities - The company is currently facing litigation risks, including a federal jury finding the NAR liable for $1.8 billion in damages related to antitrust violations[191]. - The company may be adversely affected by the Burnett Settlement, which involves a payment of $418 million over four years and changes to agent commission rules[192]. - The company is subject to risks associated with potential acquisitions, which may involve taking on debt and could disrupt business operations[194]. - Security breaches and operational failures could materially harm the company's reputation and financial condition[193]. - Cybersecurity incidents could disrupt business operations and result in the loss of critical information, adversely impacting reputation and customer trust[228]. Corporate Governance and Structure - The concentration of ownership by Mr. La Rosa, who controls approximately 50.5% of the voting power, may limit the influence of other investors on corporate decisions[181]. - The company is classified as a "controlled company," which allows it to qualify for exemptions from certain corporate governance requirements[180]. - The company has identified a material weakness in its internal controls over financial reporting, specifically a lack of segregation of duties, which may affect the reliability of its financial statements[219]. - The company has limited experience with the systems and controls necessary to operate as a public company, which may lead to difficulties in compliance and financial reporting[217]. Stock and Market Performance - As of April 7, 2025, the closing price of the company's Common Stock was $0.17, with a risk of delisting if the price falls to $0.10 or less for 10 consecutive trading days[201]. - The company has been granted an additional 180-day period until October 6, 2025, to regain compliance with Nasdaq's minimum bid price requirement[199]. - If the company fails to maintain compliance with Nasdaq's listing standards, it could face delisting, adversely impacting liquidity and market price[198]. - The market price for the company's Common Stock is expected to be highly volatile due to its small public float and minimal profits, leading to potential wide fluctuations in share price[203]. - The company is classified as an "emerging growth company," which may limit its attractiveness to investors and make capital raising more challenging[211].

Celebration, FL, April 14, 2025 (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 that it had received written notification from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") that the Company is eligible for a 180- day extension to regain compliance with the $1.00 minimum bid price requirement under Nasdaq Li ...

Core Insights - La Rosa Holdings Corp. has launched LR Agent Advance LLC, a commission advancement program aimed at providing financial flexibility to its agents while enhancing the company's revenue model [1][2][3] Group 1: 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 [4] - The company operates 26 corporate-owned brokerage offices across several states in the U.S. and has recently begun expanding into Europe, starting with Spain [6] Group 2: New Initiative - LR Agent Advance allows La Rosa agents to receive an advance on their pending real estate commissions, providing immediate access to funds for business expenses or personal needs [2] - In exchange for the advance, LR Agent Advance will retain 15% of the total commission from participating agents, creating a recurring revenue stream for La Rosa [2] Group 3: Strategic Goals - The CEO of La Rosa Holdings Corp. stated that the launch of LR Agent Advance is a significant development for both agents and the company, aiming to alleviate financial pressures faced by agents [3] - The initiative aligns with the company's ambitious financial goals, including a target to reach $100 million in revenue and achieve cash flow positivity by the end of 2025 [3]

Core Viewpoint - La Rosa Holdings Corp. is initiating its European expansion by entering the Spanish market, marking the first phase of a broader strategy to introduce its innovative real estate model internationally [1][4]. Group 1: Expansion Strategy - The company aims to establish a strong presence in Spain and plans to expand into other high-growth real estate markets across Europe [2]. - La Rosa will introduce franchise opportunities, brokerage offices, and technology-driven services to scale its operations internationally [2][4]. Group 2: Leadership and Expertise - Joaquín Nuevo Alarcón has been appointed as Area Developer for Spain, effective March 1, 2025, bringing decades of experience in the Spanish real estate market [3]. - Alarcón previously led a 500-agent team at eXp Realty in Spain, making him well-suited to implement La Rosa's agent-first business model [3]. Group 3: Business Model - La Rosa's scalable, agent-first brokerage model maximizes agent earnings through various structures, including a revenue share program and a 100% commission structure with a low annual fee [5][6]. - The company leverages its proprietary technology platform to empower agents and franchisees, enhancing overall profitability and service delivery [5][6]. Group 4: Market Potential - The Spanish real estate market is evolving, with increasing demand for innovative brokerage models that provide agents with greater financial control and career growth [4]. - The company believes that entering Spain will unlock new revenue streams and strengthen its brand presence in high-growth markets [4].

Core Viewpoint - La Rosa Holdings Corp. announced a private placement to raise $4.96 million, aimed at reducing debt, funding acquisitions, and supporting general corporate purposes [1][2]. Group 1: Financial Strategy - The proceeds from the private placement will be utilized to pay down debt, fund future acquisitions, and for other general corporate purposes [2]. - CEO Joe La Rosa emphasized that this investment will enhance financial stability and support strategic acquisitions, thereby positioning the company for long-term growth [3]. Group 2: Business Model and Operations - La Rosa Holdings operates a technology-integrated, agent-centric model in the real estate sector, offering agents a choice between a revenue share model or an annual fee-based model with 100% agent commissions [4]. - The company provides a range of services including residential and commercial real estate brokerage, franchising, education, coaching, and property management, with a presence in multiple states and Puerto Rico [5]. Group 3: Growth and Expansion Plans - The company aims to achieve profitability through the acquisition of additional real estate brokerage firms, expanding its agent network, and entering new markets as part of its growth strategy for 2025 [3].

Core Viewpoint - La Rosa Holdings Corp. has appointed Jose Miguel "JM" Padron to lead the national expansion of its commercial real estate division, aiming to enhance growth and training for agents in the commercial sector [1][3]. Company Overview - La Rosa Holdings Corp. operates as a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments [1]. - The company offers agents a choice between a revenue share model or an annual fee-based model with 100% agent commissions, leveraging its proprietary technology platform [4]. - La Rosa provides both residential and commercial real estate brokerage services, along with technology-based products and services for its agents and franchisees [4]. Leadership Appointment - JM Padron brings over 30 years of experience in commercial real estate brokerage, investment strategies, and financial feasibility analysis [2]. - His previous roles include leadership positions at RE/MAX Commercial Mexico and JM Partners Holding Corporation, where he focused on market growth and expansion [2]. - Padron is expected to play a crucial role in expanding La Rosa's commercial real estate team and training residential agents in commercial real estate [3]. Business Model and Operations - La Rosa's business model includes internal services for agents and external services for the public, covering residential and commercial real estate brokerage, franchising, education, coaching, and property management [5]. - The company operates 26 corporate real estate brokerage offices and branches across several states, including Florida, California, Texas, Georgia, North Carolina, and Puerto Rico [5].

Celebration, FL, Jan. 28, 2025 (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 that it has fully redeemed and extinguished all of its outstanding warrants (the “Warrants”) previously issued to an institutional accredited investor (the “Holder”). These Warrants, which were exercisable for 2,446,634 shares of common stock of the Company, have ...

Revenue and Financial Reporting - Preliminary unaudited revenue for the 2024 fiscal year is estimated at $65 million, representing a 104% year-over-year increase compared to 2023[4] - The company expects to release full financial results for the 2024 fiscal year along with the filing of its Annual Report on Form 10-K[4] Regulatory and Disclosure Information - The press release announcing the preliminary revenue figures is included as Exhibit 99.1 to the Current Report on Form 8-K[5] - The press release and related disclosures are not deemed "filed" under Section 18 of the Securities Exchange Act of 1934[6] Company Classification - The company is classified as an emerging growth company[3]

Core Insights - La Rosa Holdings Corp. has acquired a 100% interest in its franchisee, La Rosa Realty Beaches LLC, enhancing its presence in the real estate market [1][2][3] - Realty Beaches reported trailing twelve-month revenues of approximately $2.7 million and positive net income as of November 30, 2024, indicating a solid financial performance [2] - The acquisition is expected to drive revenue growth and improve margins through operational efficiencies and economies of scale [3] Company Overview - La Rosa Holdings Corp. operates a technology-integrated, agent-centric business model, offering agents a choice between a revenue-sharing model or a 100% commission, flat-fee structure [4][5] - The company has a diverse service offering that includes residential and commercial real estate brokerage, franchising, education and coaching, and property management [5] - La Rosa Realty has 26 corporate offices and branches across several states, including Florida, California, Texas, Georgia, North Carolina, and Puerto Rico, along with franchised and affiliated offices [5]

Core Insights - La Rosa Holdings Corp. is introducing Bitcoin and other cryptocurrencies as payment options for its network of agents, marking a significant step in the integration of blockchain technology into real estate transactions [1][6][7] - The initiative aims to provide agents with greater flexibility and aligns with the growing demand for alternative payment methods in the real estate market [6][7] Company Overview - La Rosa Holdings operates a multi-service real estate model that includes residential and commercial brokerage, franchising, title services, education, coaching, and property management [3] - The company has 25 corporate real estate brokerage offices and branches across several states, including Florida, California, Texas, Georgia, North Carolina, and Puerto Rico, along with additional franchised and affiliated offices [3] Technological Innovation - The introduction of cryptocurrency payments is seen as a natural evolution in the company's commitment to innovation and broker empowerment, with the potential to streamline transactions and enhance agent-client engagement [2][7] - La Rosa is positioning itself as a pioneer in the U.S. real estate sector by offering commission payouts in cryptocurrency, which is expected to modernize industry practices [2][7] Financial Implications - The company plans to implement a 2% fee for agents opting to receive payments in cryptocurrency, which could create a new revenue stream for La Rosa [7] - Cryptocurrency payments are anticipated to offer faster, more secure transactions with lower fees, potentially leading to income growth through the appreciation of digital assets [7]