La Rosa Holdings Corp. Reports 17% Year-Over-Year Revenue Growth to $68.5 Million for Fiscal 2025
Rhea-AI Summary
La Rosa Holdings (NASDAQ: LRHC) reported fiscal 2025 revenue of $68.5 million, up 17% year-over-year, with gross profit also rising 17% to $7.0 million. Residential real estate services grew 17% to $66.5 million.
The company signed a non-binding LOI to acquire Consensus Core Technologies, increased cash to $3.1 million, disclosed restated 2024 financials, a going concern explanatory paragraph, and material weaknesses in internal control.
Positive
- Total revenue increased 17% year-over-year to $68.5 million in 2025
- Residential real estate services revenue rose 17% to $66.5 million
- Gross profit increased 17% to $7.0 million year-over-year
- Unrestricted cash increased to $3.1 million from $1.4 million
Negative
- Auditors included a going concern explanatory paragraph for the company
- Management identified material weaknesses in internal control over financial reporting
- Restated financial statements were issued for fiscal 2024 and certain interim periods
News Market Reaction – LRHC
In the Jun 5 session, LRHC declined 4.55%, reflecting a moderate negative market reaction. Argus tracked a peak move of +14.8% during that session. Argus tracked a trough of -25.5% from its starting point during tracking. Our momentum scanner triggered 18 alerts that day, indicating notable trading interest and price volatility. Trading volume was elevated at 2.5x the daily average, suggesting increased selling activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 22 | Nasdaq deficiency notice | Negative | +0.8% | Nasdaq notice for delayed 10-Q and 10-K, with compliance deadlines set. |
| May 14 | Consensus Core update | Neutral | +0.0% | Update on non-binding LOI and timeline for Consensus Core transaction. |
| Apr 29 | New listing mandate | Positive | +2.5% | Appointment as exclusive U.S. listing agent for $20M Costa Rica project. |
| Apr 29 | Revenue restatement | Neutral | -6.4% | Non-cash 2024 revenue restatement and preliminary 2025 17% growth disclosure. |
| Apr 22 | Nasdaq non-compliance | Negative | -21.1% | Nasdaq notice for late 2025 Form 10-K with plan and deadline outlined. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent history shows sharp negative reactions to compliance and restatement headlines, while operational updates and business wins have produced more mixed or modestly positive moves.
Over the last few months, LRHC has balanced operational growth with significant reporting and listing challenges. In April 2026, it restated 2024 revenue and outlined preliminary 17% 2025 growth, but the stock fell. Multiple Nasdaq notices in April–May 2026 over delayed Form 10-K and Form 10-Q filings added compliance overhangs. At the same time, La Rosa announced a $20 million Costa Rica listing mandate and continued pursuing the Consensus Core AI infrastructure transaction. Today’s full-year 2025 results and going-concern language sit within this backdrop of growth alongside control and listing risks.
Key Terms
proptech technical
non-binding letter of intent financial
ai technical
high-performance computing technical
going concern financial
material weaknesses regulatory
internal control over financial reporting regulatory
form 10-k regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Gross Profit Increased
CELEBRATION, Fla., June 05, 2026 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech company, today provided a business update and reported financial results for the year ended December 31, 2025.
2025 Financial Highlights
- Total revenue increased approximately
17% year-over-year to$68.5 million for the year ended December 31, 2025 from$58.7 million for the year ended December 31, 2024 - Residential real estate services revenue increased by approximately
$9.5 million to$66.5 million , or17% for the year ended December 31, 2025 from$57.0 million for the year ended December 31, 2024 - Title Settlement and Insurance revenue increased by approximately
$215 thousand to$298 thousand , or approx.259% for the year ended December 31, 2025 from$83 thousand for the year ended December 31, 2024 - Real Estate Brokerage Services (Commercial) revenue increased by approximately
$366 thousand to$694 thousand , or approx.112% for the year ended December 31, 2025 from$328 thousand for the year ended December 31, 2024 - Property management revenue increased by approximately
$47 thousand to approximately$395 thousand , or13% , for the year ended December 31, 2025 from$349 thousand for the year ended December 31, 2024 - Gross profit increased by approximately
$1.0 million , or17% , year-over-year, to$7.0 million for the year ended December 31, 2025 from$6.0 million for the year ended December 31, 2024 - As of December 31, 2025, the Company had unrestricted cash of approximately
$3.1 million compared to$1.4 million as of December 31, 2024
Joe La Rosa, CEO of La Rosa, commented, “We are pleased with our performance in 2025, highlighted by a
“Looking ahead, we intend on strategically positioning La Rosa at the intersection of real estate and next-generation technology. As part of this strategy, we have signed a non-binding letter of intent to acquire Consensus Core Technologies, a provider of critical infrastructure solutions for AI and high-performance computing. We believe this proposed acquisition, if consummated, would position La Rosa at the forefront of the AI infrastructure ecosystem and provide a scalable platform to capitalize on the growing demand for AI compute capacity. The consummation of this transaction is subject to, and contingent upon, the execution of a definitive agreement and other related transaction documents by the parties, corporate approval and customary closing conditions, and there can be no assurances that such transaction will be consummated. We believe we are well-positioned to drive long-term value for our stockholders,” concluded Mr. La Rosa.
This press release is being issued in connection with the Company’s filing of a comprehensive Annual Report on Form 10-K for the fiscal years ended December 31, 2025 and 2024 (“Comprehensive Form 10-K”), which includes restated financial statements for the fiscal year ended December 31, 2024 and certain interim periods, as described therein. The Company’s independent auditors have included an explanatory paragraph in their audit report regarding the Company’s ability to continue as a going concern. Additionally, management has identified material weaknesses in the Company’s internal control over financial reporting as of December 31, 2025. For further information, investors should refer to the Company’s Comprehensive Form 10-K filed with the SEC.
About La Rosa Holdings Corp.
La Rosa Holdings Corp. (Nasdaq: LRHC) intends to transform the real estate industry by providing agents with flexible compensation options, including a revenue-sharing model or a fee-based structure with
The Company offers both residential and commercial real estate brokerage services, as well as technology-driven products and support for its agents and franchise partners. Its business model includes internal services for agents and external offerings for the public, spanning real estate brokerage, franchising, education and coaching, and property management.
La Rosa operates 23 corporate-owned brokerage offices across Florida, California, Texas, Georgia, and Puerto Rico. La Rosa also started its expansion into Europe, beginning with Spain. Additionally, the Company has five franchised offices and branches and three affiliated brokerage locations in the U.S. and Puerto Rico. The Company also operates a full-service escrow settlement and title company in Florida.
For more information, please visit: https://www.larosaholdings.com.
Stay connected with La Rosa, sign up for news alerts here: larosaholdings.com/email-alerts.
Forward-Looking Statements
This press release contains forward-looking statements regarding the Company’s current expectations that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company's ability to satisfy closing conditions of the financing facilities and the timing and use of proceeds thereof, including the redemption of the Series X Preferred Stock, to achieve profitable operations, our ability to successfully integrate acquisitions into our business operations, customer acceptance of new services, the demand for the Company’s services and the Company’s customers' economic condition, the impact of competitive services and pricing, general economic conditions, the successful integration of the Company’s past and future acquired brokerages, the effect of the recent National Association of Realtors' landmark settlement on our business operations, and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission (the "SEC”). You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and other reports and documents that we file from time to time with the SEC. Forward-looking statements contained in this press release are made only as of the date of this press release, and La Rosa does not undertake any responsibility to update any forward-looking statements in this release, except as may be required by applicable law. References and links to websites have been provided as a convenience, and the information contained on such websites has not been incorporated by reference into this press release.
For more information, contact: info@larosaholdings.com
Investor Relations Contact:
Crescendo Communications, LLC
David Waldman/Natalya Rudman
Tel: (212) 671-1020
Email: LRHC@crescendo-ir.com
| (Tables follow) La Rosa Holdings Corp. and Subsidiaries Consolidated Balance Sheets | ||||||||
| December 31, 2025 | December 31, 2024 | |||||||
| Assets | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 3,086,770 | $ | 1,442,901 | ||||
| Restricted cash | 1,758,531 | 1,750,421 | ||||||
| Accounts receivable, net of allowance for credit losses of | 1,252,452 | 931,662 | ||||||
| Other current assets | 15,601 | 1,788 | ||||||
| Total current assets | 6,113,354 | 4,126,772 | ||||||
| Noncurrent assets: | ||||||||
| Restricted cash, net of current | 58,972 | 387,286 | ||||||
| Property and equipment, net | 6,094 | 9,411 | ||||||
| Right-of-use asset, net | 963,991 | 997,715 | ||||||
| Intangible assets, net | 4,425,042 | 5,840,080 | ||||||
| Goodwill | 1,831,197 | 8,012,331 | ||||||
| Other long-term assets | 44,867 | 33,831 | ||||||
| Total noncurrent assets | 7,330,163 | 15,280,654 | ||||||
| Total assets | $ | 13,443,517 | $ | 19,407,426 | ||||
| Liabilities, Series X Preferred Stock Subject to Redemption and Stockholders’ (Deficit) Equity | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | 2,895,861 | $ | 2,376,704 | ||||
| Accrued expenses | 83,876 | 738,065 | ||||||
| Contract liabilities | 171,100 | 7,747 | ||||||
| Security deposits and escrow payable | 1,758,531 | 1,750,421 | ||||||
| Line of credit | — | 148,976 | ||||||
| Derivative liability | — | 1,607,544 | ||||||
| Advances on future receipts | — | 618,681 | ||||||
| Accrued acquisition cash consideration | 30,000 | 381,404 | ||||||
| Notes payable, current | 148,757 | 2,187,673 | ||||||
| Lease liability, current | 486,481 | 473,733 | ||||||
| Total current liabilities | 5,574,606 | 10,290,948 | ||||||
| Noncurrent liabilities: | ||||||||
| Note payable, net of current | 7,143,803 | 1,475,064 | ||||||
| Security deposits and escrow payable, net of current | 58,972 | 387,286 | ||||||
| Lease liability, noncurrent | 514,388 | 545,759 | ||||||
| Other liabilities | — | 32,950 | ||||||
| Total non-current liabilities | 7,717,163 | 2,441,059 | ||||||
| Total liabilities | 13,291,769 | 12,732,007 | ||||||
| Commitments and contingencies (Note 16) | ||||||||
| Series X Preferred Stock Subject to Redemption: | ||||||||
| Preferred stock - | 2,000,000 | — | ||||||
| Stockholders’ (Deficit) Equity: | ||||||||
| Preferred stock - | — | — | ||||||
| Preferred stock - | 1 | — | ||||||
| Common stock - | 1 | — | ||||||
| Additional paid-in capital | 51,010,523 | 29,123,774 | ||||||
| Accumulated deficit | (57,099,883 | ) | (26,555,319 | ) | ||||
| Total stockholders’ (deficit) equity – La Rosa Holdings Corp. shareholders | (6,089,358 | ) | 2,568,455 | |||||
| Noncontrolling interest in subsidiaries | 4,241,106 | 4,106,964 | ||||||
| Total stockholders’ (deficit) equity | (1,848,252 | ) | 6,675,419 | |||||
| Total Liabilities, Series X Preferred Stock Subject to Redemption and Stockholders’ (Deficit) Equity | $ | 13,443,517 | $ | 19,407,426 | ||||
| La Rosa Holdings Corp. and Subsidiaries Consolidated Statements of Operations | ||||||||
| Year Ended December 31, | ||||||||
| 2025 | 2024 | |||||||
| (Restated) | ||||||||
| Revenue | $ | 68,507,806 | $ | 58,682,139 | ||||
| Cost of revenue | 61,539,417 | 52,728,860 | ||||||
| Gross profit | 6,968,389 | 5,953,279 | ||||||
| Operating expenses: | ||||||||
| Sales and marketing | 1,542,680 | 1,007,077 | ||||||
| General and administrative | 13,869,972 | 10,625,551 | ||||||
| Stock-based compensation — general and administrative | 4,980,139 | 4,730,355 | ||||||
| Impairment of goodwill and intangibles | 6,911,770 | 787,438 | ||||||
| Total operating expenses | 27,304,561 | 17,150,421 | ||||||
| Loss from operations | (20,336,172 | ) | (11,197,142 | ) | ||||
| Other income (expense) | ||||||||
| Interest expense, net | 243,825 | (403,397 | ) | |||||
| Gain (loss) on extinguishment of debt | 3,961,075 | (777,558 | ) | |||||
| Amortization of debt discount | (63,160 | ) | (649,138 | ) | ||||
| Change in fair value of derivative liability | 899,874 | (1,338,506 | ) | |||||
| Loss on issuance of senior secured convertible note and warrants | (128,836,250 | ) | — | |||||
| Change on fair value of convertible note and warrants | 31,163,415 | — | ||||||
| Gain on settlement of incremental warrants | 82,299,000 | — | ||||||
| Other income, net | 257,971 | 15,745 | ||||||
| Loss before income taxes | (30,410,422 | ) | (14,349,996 | ) | ||||
| Provision for income taxes | — | — | ||||||
| Net loss | (30,410,422 | ) | (14,349,996 | ) | ||||
| Less: Net income attributable to noncontrolling interests in subsidiaries | 134,142 | 97,567 | ||||||
| Net loss after noncontrolling interest in subsidiaries | (30,544,564 | ) | (14,447,563 | ) | ||||
| Less: Deemed dividend | 2,275,264 | 1,476,044 | ||||||
| Net loss attributable to common stockholders | $ | (32,819,828 | ) | $ | (15,923,607 | ) | ||
| Loss per share of common stock attributable to common stockholders | ||||||||
| Basic and diluted | $ | (3,531 | ) | $ | (7,844 | ) | ||
| Weighted average shares used in computing net loss per share of common stock attributable to common stockholders | ||||||||
| Basic and diluted | 9,296 | 2,030 | ||||||
