La Rosa Reports 91% Year-Over-Year Increase in Revenue to $11.4 Million for the Fourth Quarter of 2023
La Rosa Holding Company (LRHC)
Company Research
Source: GlobeNewswire
Acquisition of Six Brokerages Increases the Company’s Gross Profit 207% in Q4 2023 vs Q4 2022 Revenue Increased 21% to $31.8 Million for Fiscal Year 2023 from 2022 CELEBRATION, Fla., April 17, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today provided a business update and reported financial results for the fiscal year ended December 31, 2023. Key Financial Highlights Total revenue increased 91% year-over-year to $11.4 million for the fourth quarter ended December 31, 2023 from $6.0 million for the fourth quarter ended December 31, 2022Gross profit increased 207% year-over-year for the fourth quarter ended December 31, 2023, compared to the fourth quarter ended December 31, 2022Gross margin increased 321 basis points to 8.5% in the fourth quarter of 2023, compared to 5.3% for the same period last yearTo
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LRHC
Sec Filings
- 4/26/24 - Form 8-K
- 4/24/24 - Form S-1
- 4/24/24 - Form 8-K
- LRHC's page on the SEC website