earnings
confidence high
sentiment neutral
materiality 0.65
La Rosa Holdings Q1 gross profit up 29.6% to $2.0M; loss from ops improves 46.5%
La Rosa Holdings Corp.
- Gross profit $2.0M (+29.6% YoY); commercial brokerage revenue $273K (+379.3%).
- Loss from operations improved to $2.5M from $4.7M; operating expenses down 27.6%.
- Unrestricted cash $1.7M; digital assets $8.1M on balance sheet (vs. none prior year).
- Issued 150 shares of Series E Preferred Stock for $150K gross proceeds.
- Evaluating options to comply with Nasdaq MVLS Rule; considering 2022 Plan amendment.