Company: LRHC
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001213900-25-078012
Chunk: 60

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 1
Chunk 60
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technology. Our franchise model has a similar pricing methodology, permitting the franchise owner the freedom to operate their business
with minimal control and lower expense than other franchise offerings.

Moreover, we believe that our proprietary technology,
training, and the support that we provide to our agents at a minimal cost to them is one of the best offered in the industry.

Our business stands on three pillars: Family,
Passion, and Growth. We believe that our support and philosophy have attracted and will continue to attract and retain the highest producing
realtors in our local markets. We believe that our focus on the interaction between our human agents and their clients is a strong weapon
against internet-only commodity websites and the low touch discount brokerages. Our agent count continues to grow organically and through
acquisition, we attribute our organic growth to the positive culture created in our Company and the competitive plans that we offer our
agents. By creating a custom solution and a unique experience, we believe that our agents are able to guide their clients seamlessly
through what may be their most expensive lifetime purchase.

On October 12, 2023, we consummated our IPO.
Following our IPO, during the fiscal year ended December 31, 2023, we acquired majority ownership of the following franchisees of the
Company: Nona Legacy Powered By La Rosa Realty, Inc. (formerly, La Rosa Realty Lake Nona Inc.), Horeb Kissimmee Realty, LLC, La Rosa
Realty Premier, LLC, La Rosa Realty Orlando, LLC, and 100% ownership of the following franchisees of the Company: La Rosa CW Properties,
LLC and La Rosa Realty North Florida LLC. In December 2023, we also formed our majority owned subsidiary La Rosa Realty Texas LLC. 
During the fiscal year ended December 31, 2024, we acquired majority ownership of the following franchisees and affiliates of the Company:
La Rosa Realty Georgia LLC, La Rosa Realty California, La Rosa Realty Lakeland LLC DBA La Rosa Realty Prestige, and La Rosa Realty Success
LLC, and 100% ownership of La Rosa Realty Winter Garden LLC, BF Prime LLC, Nona Title Agency LLC, La Rosa Realty Beaches LLC, and Baxpi
Holdings. Additionally, we acquired the remaining non-controlling interest portions of Nona Legacy Powered By La Rosa Realty, Inc. (formerly,
La Rosa Realty Lake Nona Inc.) and La Rosa Realty Premier, LLC, making them both 100% owned entities.

In