Company: LRHC
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112656
Chunk: 228

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 8
Chunk 228
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 approximately $143 thousand,
or 146%, in the nine months ended September 30, 2025 as compared to the nine months ended September 30, 2024, related to the acquisition
of the franchises acquired in the 2024.

53

Coaching
Services

Gross margin decreased by approximately $87 thousand,
or 41%, in the nine months ended September 30, 2025 as compared to the nine months ended September 30, 2024. Costs related to coaching
services is related to the augmentation of the coaching program to expedite agent onboarding due to a shift in priority to growth in onboarding
without a coaching requirement.

Property
Management

Gross margin related to property management services
increased by approximately $44 thousand, or 17%, in the nine months ended September 30, 2025 as compared to the nine months ended September
30, 2024. The increase in property management revenues and costs was primarily related to an increase in properties under management. 

Title
Settlement and Insurance

We acquired Nona Title rebranded FPG Title near
the end of the third quarter of 2024, increases are related to this acquisition generating revenues, cost of revenues and general and
administrative expenses for the first time for the nine months ended September 30, 2025.

Selling,
General and Administrative Expense

Three
Months Ending September 30

    Three Months Ended September 30,  
    Change 

    2025  
    2024  
    $  
    % 
  
    Sales and Marketing 
    $157,412  
    $246,369  
    $(88,957) 
     -36%
  
    Payroll and benefits 
     1,850,887  
     1,160,580  
     690,307  
     59%
  
    Rent and other 
     521,223  
     287,900  
     233,324  
     81%
  
    Professional fees 
     828,284  
     452,827  
     375,457  
     83%
  
    Office 
     61,720  
     127,165  
     (65,445) 
     -51%
  
    Technology 
     281,001  
     103,167  
     177,834