Breaking News: La Rosa Holdings (NASDAQ: LRHC) Acquires Eleventh Real Estate Brokerage Franchisee

Breaking News: La Rosa Holdings (NASDAQ: LRHC) Acquires Eleventh Real Estate Brokerage Franchisee Hi “FDR” Member, [La Rosa Holdings (NASDAQ: LRHC) Acquires Eleventh Real Estate Brokerage Franchisee]( Increasing agent count of franchisee by 55% post-acquisition Reaffirms target of generating $100 million in annualized revenue as a 2024 exit run rate Celebration, FL, May 30, 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 announced that it has completed an acquisition transaction and now holds a 51% interest in the Company’s franchisee - La Rosa Realty Success LLC (“Success”), located in Apopka, Florida. Success generated revenue of $0.5 million in 2023. The franchisee provides residential and commercial real estate brokerage services. It also provides coaching and support services to agents on a fee basis. Joe La Rosa, CEO of the Company, commented, “The acquisition of Success is expected to not only increase our revenue but also enhance our margins through improved operating efficiencies and economies of scale as we integrate it into La Rosa. Prior to the acquisition, Success had 33 agents. Concurrent with the acquisition, we added 18 agents, representing a 55% increase. By offering agents a choice between a revenue share model and an annual fee-based model with 100% commissions, we anticipate an accelerated trend of agents moving from traditional high-cost brokerages to our more efficient, high-value model. We continue to grow revenue organically, and as we continue acquiring franchisees, we expect significant additional contributions to our revenue growth throughout 2024. We believe that we are well on our way towards achieving our target of an annualized revenue run rate of $100 million by the end of 2024, with profitability expected in 2025.” About La Rosa Holdings Corp. La Rosa Holdings Corp. (Nasdaq: LRHC) is disrupting the real estate industry by offering agents a choice between a revenue share model or an annual fee-based model with 100% agent commissions. Leveraging its proprietary technology platform, La Rosa empowers agents and franchisees to deliver top-tier service to their clients. The Company provides both residential and commercial real estate brokerage services and offers technology-based products and services to its sales agents and franchise agents. La Rosa's business model is structured around internal services for agents and external services for the public, including residential and commercial real estate brokerage, franchising, real estate brokerage education and coaching, and property management. The Company has 22 La Rosa Realty corporate real estate brokerage offices and branches located in Florida, California, Texas, and Georgia. The Company also has 15 La Rosa Realty franchised real estate brokerage offices and branches and two affiliated real estate brokerage offices in the United States and Puerto Rico. This is Michael Reece with “FinancialDrivenResearch” delivering you your new breakout alert for today's 5/30 trading session, past champ La Rosa Holdings Corp. (NASDAQ: LRHC) is BACK on our radars as our #1 Real Estate play for 2024! Subscribers, we've had some great calls in April and May, but this one has the potential to be the best one yet. Yes, we've highlighted this company before, but at current prices, the value proposition screams for attention—rightly so. If LRHC were to retrace it's steps to the 52 week high of $5.53, from the current $1.10 price, gains of +400% could possibly be realized. After all, in a market climate where the best in breed is getting chosen over speculation, La Rosa Holdings Corp. (NASDAQ: LRHC) deserves all the attention it's getting. Why? Because La Rosa has emerged operationally unscathed from a massive judgment levied against many of its competitors, particularly those aligned with the National Association of Realtors. Most of its competitors were less fortunate. Those with antiquated business and commission models got crushed by the $1.8 billion judgment. Not La Rosa. They actually continue to get bigger. More importantly, they are on a fast track to bottom-line EPS, as evidenced by this month's earnings release that showed the company on a collision course with net profit as early as the first half of 2025. The strong report was no surprise to those already following La Rosa Holdings. They know, as others are learning, that this company is in hyper-growth mode. In April, the company announced acquiring 51% of franchisee Prestige, making it the tenth acquisition since its public listing last year. This rapid expansion is not just for show. Each of these acquisitions is an immediate value driver, with La Rosa expected to benefit from Prestige's projected 2023 revenues of $4.7 million and, more significantly, from positive net income. That's not all this acquisition offers. It adds to and expedites La Rosa's reaching its goal of an annualized revenue run rate of $100 million by the end of this year. But keep in mind that this most recent contribution is the likely precursor to more, a point that CEO Joe La Rosa continues to make. In fact, he unequivocally emphasizes that his company is still in its early innings of growth and doesn't shy away from saying that his strategy to roll up profitable offices, consolidate market presence, and benefit from economies of scale is an ongoing mission. Strategic acquisitions are part of a more significant intention to become a leader in the new era of how the real estate sector must operate. It's fair to say they are already a disruptive force at the right time. The lawsuit against NAR and other real estate entities highlighted the long-standing issue of artificially high home sale commissions. Of course, the staggering judgment against that business model sent a clear message about the need for immediate change. It was a disruption for the sector. However, for La Rosa, who envisioned this commission revolution early, it's better viewed as a positively transformative event. Why? Because the ruling more than exposed La Rosa and its CEO as sector visionaries, it put the company in the spotlight for already implementing a revolutionary commission model and structure that benefits buyers, sellers, and agents alike. Moreover, it exposed them as pioneers in fostering transparency and fairness in real estate transactions. That's fueling the increase in La Rosa's growth speed pace, which has shifted from hyper to warp and shows no signs of slowing. Need proof? How about its 90.7% Quarterly Growth performance, a measure that outperformed several of its biggest rivals, including eXp World Holdings, Fathom Holdings, and The Real Brokerage, Inc. More than impressive, it's tangible, revenue-generating growth. Since recent acquisitions may not factor into that growth pace, La Rosa's Q over Q-trajectory could be even more promising. Beating expectations won't be a surprise to many, noting the attraction to La Rosa Holdings' differences that are advantageous to everyone involved in real estate transactions. Those are facilitated through La Rosa encompassing five agent-centric, technology-integrated, cloud-based real estate segments, which allow La Rosa to work beyond traditional residential and commercial brokerage services. Best described, its ancillary technology-based products and services provide its agents and franchisees with a comprehensive one-stop solution shop to facilitate a transaction from start to close. Here's the best part- the model makes sure commissions go to the right places. That's creating a tsunami of agent interest. For the right reasons. Unlike traditional models that often lead to significant commission splits, La Rosa's approach ensures that agents retain 100% of their commissions minus a minimal facilitation fee. This model empowers agents financially and aligns with evolving consumer expectations for equitable and efficient real estate services. Still, La Rosa has pointed to its success resulting from more than just maximizing profits; it's also from creating a holistic ecosystem where agents thrive through multiple revenue streams and advanced technological tools. That agent-centric approach attracts top industry talent, which could fuel revenue growth well beyond even the most optimistic forecasts. Just meeting expectations exposes a value proposition worth seizing. Yes, the sector is under pressure from higher interest rates and macro issues. However, for growth stock investors, it's essential to recognize that those pressures are not slowing La Rosa's intent to grow significantly larger as a company in 2024. They'll do that not by a shotgun approach to acquiring just any asset but by continuing to acquire top-performing, significant revenue-generating assets immediately accretive to its operations. Put simply, the potential to reach $100 million in revenues by the end of this year is not a distant dream, but a tangible possibility in the crosshairs. Therefore, it could be a smart move to position yourself ahead of this potential while La Rosa stock is still at ground-floor levels. From what we see, savvy investors have been. To Your Trading Success, Michael Reece Editor, Financial Driven Research © 2024 Financial Driven Research, All Rights Reserved. Financial Driven Research (“FDR” or “Company”) is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or inves∙tment for any specific individual. FDR full disclosure is to be read and fully understood before using FDR website or joining FDR email or sms list. By viewing FDR website and/or reading FDR email or sms list you are agreeing to FDR full disclosure This publication may contain information regarding inves∙tment ideas and third-party ratings regarding specific securities. We hold n∙o inves∙tment licenses and are thus neither licensed nor qualified to provide inves∙tment adv∙ice. FDR nor its principals are not FINRA-registered broker-dealers or inves∙tment advisers. The content of this email should not be taken as advice, an endorsement, or a recommendation from FDR to buy or sell any security. Always be extremely careful and consult a licensed inves∙tment professional before making any inves∙tment decision as inves∙ting in securities carries a high degree of risk; you may likely lose some or all of the inves∙tment. This communication is a sponsored advertisement. FDR and/or its subsidiaries and/or affiliates have been compensated $15,000 USD to disseminate this communication. Please note we do not hold positions in stocks we profile. We do not trade in any of our sponsored advertisements, or non-sponsored profiles. We do not accept stock as a form of payment for our sponsored advertisements. Please review the full disc∙laimer at [Disc]( and Disclosure Policy]( for important information regarding this sponsored advertisement. © 2023 FDR. All rights reserved., 1014 W 36th St, Baltimore, MD 21211, United States You may [unsubscribe]( or [change your contact details]( at any time. Powered by:[GetResponse](