La Rosa Holdings Announces 2024 Revenue Restatement; Confirms No Impact to Gross Profit, Net Income or Cash Flow [Yahoo! Finance]
La Rosa Holding Company (LRHC)
Company Research
Source: Yahoo! Finance
Celebration, FL, April 27, 2026 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech enterprise, today announced a non-cash restatement of its previously reported revenue for fiscal 2024. The Company determined that its previously issued audited consolidated financial statements for the years ended December 31, 2024 should be revised due to the calculation of ASC 606 Gross vs. Net, with revenue adjusted to $58.6 million to properly reflect certain property management fee revenues generated by La Rosa Property Management, LLC. These adjustments reduce overall revenue by $10.8 million and cost of sale while leaving gross margin intact resulting in an increase to the percentage of gross margin for the company for the fiscal year ended December 31, 2024 from 8.57% to 10.14%. Additionally, the Company has revised its previously issued guidance for 2025 to $68.6 million to reflect the adjustment to revenue recognition. Despi
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LRHC
News
- La Rosa Holdings Announces 2024 Revenue Restatement; Confirms No Impact to Gross Profit, Net Income or Cash FlowGlobeNewswire
- La Rosa Holdings Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)GlobeNewswire
- La Rosa Holdings Unveils My Agent Account 5.0, Advancing AI-Driven Transaction ManagementGlobeNewswire
- La Rosa Holdings Announces 1-for-10 Reverse Stock SplitGlobeNewswire
- La Rosa Holdings Acquires Remaining 49% Interest in Orlando Brokerage Generating Approximately $3.3 Million in Revenue for 2025GlobeNewswire
LRHC
Sec Filings
- 4/27/26 - Form 425
- 4/27/26 - Form 8-K/A
- 4/24/26 - Form 8-K
- LRHC's page on the SEC website