Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 342

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 342
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 continue to monitor ongoing and similar antitrust litigation against our competitors. However,
the litigation and its ramifications could cause unforeseen turmoil in our industry, the impacts of which could have a negative effect
on us as an industry participant.

44

Recent Accounting Pronouncements

See Note 1, “Basis of
Presentation and Summary of Significant Accounting Policies” of the Notes to the consolidated financial statements in Part II, Item
8 of this Form 10-K. 

Results of Operations

Revenue

    Year Ended December 31,  
    Change 

    2024  
    2023  
    $  
    % 
  
    Real Estate Brokerage Services (Residential) 
    $57,024,911  
    $20,450,348  
    $36,574,563  
     179%
  
    Franchising Services 
     329,069  
     883,606  
     (554,537) 
     -63%
  
    Coaching Services 
     568,516  
     628,846  
     (60,330) 
     -10%
  
    Property Management 
     11,115,368  
     9,680,688  
     1,434,680  
     15%
  
    Real Estate Brokerage Services (Commercial) 
     327,912  
     115,916  
     211,996  
     183%
  
    Title Settlement and Insurance 
     83,010  
     -  
     83,010  
     N/A 
  
    Total Revenue 
    $69,448,786  
    $31,759,404  
    $37,689,382  
     119%

Real Estate Brokerage Services (Residential)

Residential real estate services
revenue increased $36.574 million, or 179%, in the year ended December 31, 2024 against the comparable prior year period. The increase
was driven by $9.789 million of revenue from the seven acquisitions completed during fiscal year 2024, in addition the increase was due
to a full year of income from the six acquired companies in 2023 of $27.166 million. Also, we received a full year of revenue from the
increased transaction fee, monthly agent fee, and annual fee effective September 1, 202