- La Rosa announced on Thursday that it topped 3,000 real estate agents across its network.
- It reported preliminary revenue of ~$38.4 million for the first half, up by 19.4% year-over-year,
- Get ahead of Wall Street reactions—Benzinga Pro delivers signals, squawk, and news fast. Now 60% off this 4th of July.
La Rosa Holdings (NASDAQ: LRHC) announced on Thursday that it had surpassed 3,000 real estate agents across its network.
The company also reported preliminary unaudited revenue of approximately $38.4 million for the first half of 2025, representing approximately 19.4% year-over-year growth.
Joe La Rosa, CEO of La Rosa, said the company’s flexible brokerage model consistently attracts top-producing agents by offering competitive compensation, including revenue share programs, a 100% commission option with low fees, and additional income opportunities through ancillary services and integrated technology solutions.
Also Read: La Rosa FY24 Revenue Jumps 119%, CEO Reiterates FY25 Topline Goal Of $100 Million
The company expects to file its full financial results for the fiscal second quarter of 2025 and the Form 10-Q with the SEC soon.
La Rosa stock plunged over 90% year-to-date. On April 16, La Rosa announced a $0.5 million stock buyback program. As of December 31, 2024, the company held cash and equivalents (including restricted cash) of $3.58 million.
Price Action: LRHC stock is down 11.10% at $0.0795 premarket at last check Thursday.
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