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La Rosa Holding Corp. - $LRHC STOCK NEWS

Welcome to our dedicated page for La Rosa Holding news (Ticker: $LRHC), a resource for investors and traders seeking the latest updates and insights on La Rosa Holding stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect La Rosa Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of La Rosa Holding's position in the market.

Rhea-AI Summary
La Rosa Holdings Corp. (LRHC) has acquired a 51% interest in La Rosa Realty Lakeland , generating $4.7 million in revenue with positive net income in 2023. Prestige is ranked number two in agent count and number three in real estate sales in Polk County, Florida. La Rosa aims for a $100 million annualized revenue as a 2024 exit run rate, focusing on acquiring profitable franchisees to strengthen market position and create shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.87%
Tags
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Rhea-AI Summary
La Rosa Holdings Corp. (LRHC) will be presenting at the Planet MicroCap Showcase: VEGAS 2024 on May 1, 2024, at the Paris Hotel & Casino in Las Vegas. The CEO, Joe La Rosa, will give a presentation and meet with investors. The event will take place from April 30 to May 2, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
conferences
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News
Rhea-AI Summary
La Rosa Holdings Corp. (LRHC) has regained compliance with Nasdaq's Equity Standard, ensuring continued listing on the Nasdaq Stock Market. The company's CEO, Joe La Rosa, emphasized their commitment to corporate governance and shareholder value. La Rosa's unique brokerage model offers agents flexibility in commission structures. The company aims to grow sustainably through strategic acquisitions and market positioning.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
none
Rhea-AI Summary
La Rosa Holdings Corp. (LRHC) reported a 91% year-over-year increase in revenue to $11.4 million for Q4 2023. The company's gross profit surged by 207% in Q4 2023 compared to Q4 2022. Total revenue for FY 2023 reached $31.8 million, a 21% increase from the previous year. Residential real estate services revenue grew by 25% to $20.5 million. La Rosa acquired six brokerages, formed strategic partnerships, launched revenue share plans, and introduced AI technology. The company aims for a $100 million annualized revenue run rate by the end of 2024 and profitability in 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.47%
Tags
none
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Rhea-AI Summary
La Rosa Holdings Corp. (LRHC) to present at the 14th Annual LD Micro Invitational, showcasing agent-centric real estate segments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
conferences
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Rhea-AI Summary
La Rosa Holdings Corp. CEO Joe La Rosa discusses how a $1.8 billion judgment against the National Association of Realtors can benefit his company's growth trajectory in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.43%
Tags
none
Rhea-AI Summary
La Rosa Holdings Corp. (LRHC) celebrates its recent IPO and listing on the Nasdaq Stock Market by ringing the Nasdaq Closing Bell in Times Square, New York City. The CEO, Joe La Rosa, highlights the company's innovative brokerage model and roll-up strategy to empower agents and drive success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.43%
Tags
none
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Rhea-AI Summary
La Rosa Holdings Corp. (LRHC) acquires La Rosa Realty California , expanding its franchise network in California. The company introduces a multi-level revenue share plan, the Ultimate Plan, aiming to generate $100 million in annualized revenue by 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
-
Rhea-AI Summary
La Rosa Holdings Corp. (LRHC) acquires a 51% interest in La Rosa Realty Georgia LLC, generating $3.4 million in revenue in 2023. The company aims to reach a $100 million annualized revenue run rate by 2024. Atlanta's housing market growth is a key factor in this expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.31%
Tags
Rhea-AI Summary
La Rosa Holdings Corp. (LRHC) acquires La Rosa Realty Georgia LLC, generating $3.4 million revenue in 2023. The company aims to reach a $100 million annualized revenue run rate by 2024, leveraging the hot housing market in Atlanta.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.31%
Tags
La Rosa Holding Corp.

Nasdaq:LRHC

LRHC Rankings

LRHC Stock Data

23.12M
5.12M
55.14%
0.12%
0.07%
Real Estate Services
Real Estate
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United States of America
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