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La Rosa Holdings Corp. Reports 18% Year-Over-Year Revenue Growth to $60.9 Million for the First Nine Months of 2025
Globenewswire· 2025-11-20 13:05
Core Insights - La Rosa Holdings Corp. reported solid financial performance for the first nine months of 2025, with total revenue increasing nearly 18% year-over-year, driven by growth in residential real estate services, property management, and commercial brokerage [4] - The company secured $1.25 billion in financing facilities to enhance its AI data center strategy and pursue growth opportunities in the AI value chain [4] Q3 2025 Financial Highlights - Total revenue for Q3 2025 was $20.2 million, a 3.2% increase from $19.6 million in Q3 2024 [6][7] - Residential real estate services revenue rose by approximately $286 thousand to $16.8 million, an increase of 1.7% [6] - Property management revenue increased by approximately $255 thousand to $3.1 million, or 8.9% [6] - Commercial real estate brokerage services revenue surged by approximately $39 thousand to $103 thousand, a growth of about 61.5% [6] - Gross profit for Q3 2025 was $1.7 million, up 4.4% from $1.6 million in Q3 2024 [6] Nine-Months 2025 Financial Highlights - Total revenue for the nine months ended September 30, 2025, was $60.9 million, reflecting a 17.8% increase from $51.7 million in the same period of 2024 [6] - Residential real estate services revenue increased by approximately $8.2 million to $50.8 million, a growth of 19.2% [6] - Property management revenue rose by approximately $1.0 million to $9.2 million, or 12.4% [6] - Commercial real estate brokerage services revenue increased by approximately $100 thousand to $349 thousand, a growth of about 40.1% [6] - Gross profit for the nine months was $5.1 million, up 16.3% from $4.4 million in the same period of 2024 [6] Operational and Financial Position - The company ended Q3 2025 with approximately $6.4 million in cash and restricted cash, compared to $3.2 million as of December 31, 2024, indicating improved liquidity [4][9] - Total operating expenses for Q3 2025 were $6.7 million, compared to $3.4 million in Q3 2024, resulting in a loss from operations of $5.0 million [8] - The net loss for Q3 2025 was $5.5 million, or $(5.44) per share, compared to a net loss of $3.4 million, or $(16.49) per share, in Q3 2024 [9][17] Business Model and Strategy - La Rosa Holdings Corp. aims to transform the real estate industry by offering flexible compensation options for agents, including a revenue-sharing model and a fee-based structure with 100% commission [10] - The company operates 25 corporate-owned brokerage offices across various states and has begun its expansion into Europe, starting with Spain [12]
La Rosa Holdings Corp. Reports 34% Year-Over-Year Increase in Revenue to $17.5 Million for First Quarter of 2025  
Globenewswire· 2025-05-29 12:00
Core Insights - La Rosa Holdings Corp. reported a total revenue increase of 34% year-over-year to $17.5 million for Q1 2025, compared to $13.1 million in Q1 2024 [3][4][5] - Gross profit rose by 32% to $1.5 million in Q1 2025, up from $1.2 million in the same quarter of the previous year [3][5] - The company experienced a significant net loss of $95.9 million in Q1 2025, compared to a net loss of $4.8 million in Q1 2024, primarily due to non-cash and one-time items [8][19] Financial Performance - Residential real estate services revenue increased by 39% to $14.3 million in Q1 2025, up from $10.2 million in Q1 2024 [4][5] - Property management revenue grew by 17% to approximately $3.0 million, while commercial brokerage revenue nearly doubled to approximately $57,000 [5] - Total operating expenses for Q1 2025 were $6.2 million, compared to $5.7 million in Q1 2024, resulting in a loss from operations of $4.7 million [6][18] Business Strategy - The company has focused on organic growth, expanding its agent network to over 2,800 agents nationwide without pursuing acquisitions [3] - La Rosa's business model includes flexible compensation options for agents, such as a revenue-sharing model and a 100% commission option [9][10] - The company is advancing its national and international expansion strategy, recently starting operations in Europe, beginning with Spain [11]