secwatch.observer — SEC 8-K summary
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Issuer:     La Rosa Holdings Corp. (LRHC)
CIK:        0001879403
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001213900-24-044296
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

La Rosa Q1 revenue up 117% to $13.1M; net loss widens to $4.7M
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- Revenue $13.1M vs $6.0M YoY (+117%); residential real estate services revenue up 211% to $10.2M.
- Net loss $4.7M ($0.35 per share) vs $1.0M ($0.16 per share) in Q1 2023.
- Acquired three brokerages in Q1 and a tenth in April (2023 revenue $4.7M, positive net income); total ten since IPO.
- Targeting $100M annualized revenue run rate by end of 2024; profitability expected in 2025.
- Increased transaction/agent fees effective Sept 2023; expect revenue growth if volume holds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879403/000121390024044296/0001213900-24-044296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879403/000121390024044296/ea0206324-8k_larosa.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-044296

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