La Rosa Holdings Corp. Reports 104% Year-Over-Year Revenue Growth for Fiscal Year 2024

La Rosa Holdings Corp. (NASDAQ: LRHC) recently disclosed its unaudited preliminary revenue for the fiscal year 2024 in an 8-K SEC filing. The company reported an estimated $65 million in revenue for the year, showcasing a substantial 104% increase compared to its revenue in the 2023 fiscal year.

This impressive performance was attributed to strategic acquisitions of real estate brokerage franchisees and a significant rise in agent count. La Rosa’s CEO, Joe La Rosa, highlighted the strength of the business model, emphasizing that the outstanding revenue growth reflects the company’s robust operational strategies.

Looking towards the future, La Rosa anticipates another strong year in 2025 as it aims to capitalize on the current momentum. The company plans to expand further by venturing into new states, acquiring additional real estate brokerage firms, increasing agent numbers, and continuously enhancing its technological capabilities.

It is important to note that the unaudited preliminary revenue figures disclosed by the company are subject to customary adjustments. La Rosa anticipates releasing its full financial results for the 2024 fiscal year in due course, alongside the filing of its Annual Report on Form 10-K with the Securities and Exchange Commission.

The company’s growth trajectory is underscored by its disruptive approach to the real estate industry, offering agents a choice between revenue share models or annual fee-based structures to achieve 100% agent commissions. Utilizing its proprietary technology platform, La Rosa empowers agents and franchisees to deliver top-tier services to clients in both residential and commercial real estate segments.

As La Rosa continues to expand its operations, acquire new brokerage firms, and enhance its technology-driven services, the company positions itself for further growth and success in the real estate market.

For more information about La Rosa Holdings Corp., visit their official website at https://www.larosaholdings.com and sign up for news alerts at larosaholdings.com/email-alerts.

This press release contains forward-looking statements about the company’s expectations, subject to certain risks and uncertainties. Investors are encouraged to review cautionary statements and other disclosures detailed in the company’s filings with the SEC.

For additional information or investor relations inquiries, please contact Crescendo Communications, LLC at [email protected] or by phone at (212) 671-1020.

No further updates or action items have been disclosed at this time.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read La Rosa’s 8K filing here.

La Rosa Company Profile

La Rosa Holdings Corp., through its subsidiaries, operates primarily in the residential real estate market in the United States. The company operates through five segments: Real Estate Brokerage Services (Residential), Franchising Services, Coaching Services, Property Management, and Real Estate Brokerage Services (Commercial).