Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 2104

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 7
Chunk 2104
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 our net U.S. deferred tax assets because we expect that it is more likely than not that our
U.S. deferred tax assets will not be realized. Should the actual amounts differ from our estimates, the amount of our valuation allowance
could be materially impacted.

Item 7A. Quantitative and Qualitative Disclosures
About Market Risk.

We qualify as a smaller reporting
company, as defined by SEC Rule 229.10(f)(1) and are not required to provide the information required by this Item 7A.

52

Item 8. Financial Statements and Supplementary
Data.

LA ROSA HOLDINGS CORP.

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED

DECEMBER 31, 2024 AND 2023

INDEX TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS

  Report of Independent Registered Public Accounting Firm PCAOB Number is 688 F-2       Consolidated Balance Sheets F-3       Consolidated Statements of Operations F-4       Consolidated Statements of Changes in Stockholders’ Equity (Deficit) F-5       Consolidated Statements of Cash Flows F-6       Notes to Consolidated Financial Statements F-7 

F-1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM

To the Stockholders and Board of Directors of

La Rosa Holdings Corp. and Subsidiaries

Opinion on the Financial Statements

We have audited the accompanying consolidated
balance sheets of La Rosa Holdings Corp. and Subsidiaries (the “Company”) as of December 31, 2024 and 2023, the related consolidated
statements of operations, changes in stockholders’ equity and cash flows for each of the two years in the period ended December
31, 2024, and the related notes (collectively referred to as the “financial statements”). In our opinion, based on our audits,
the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and
2023, and the results of its operations and its cash flows for each of the two years in the period ended December 31, 2024, in conformity
with accounting principles generally accepted in the United States of America.

Explanatory Paragraph – Going Concern

The accompanying financial statements have been
prepared assuming that the Company will continue as a going concern. As more fully described in Note