Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 2091

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 7
Chunk 2091
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 recruitment and NAR related matters.

Property Management

Property management revenue
increased $1.435 million, or 15%, in the year ended December 31, 2024 against the comparable prior year period primarily due to increases
in the number of properties under management from 600 in 2023 to 650 in 2024 along with the full year benefit in 2024 of a management
fee price increase effective September 1, 2023 from $44 to $55 in 2024 per agent property.

45

Gross Proft and Gross Margin

    Year Ended December 31,  
    Change 

    2024  
    2023  
    $  
    % 
  
    Real Estate Brokerage Services (Residential) 
    $5,340,029  
    $1,686,191  
    $3,653,838  
     217%
  
    Gross Margin 
     9.4% 
     8.2% 
     1.1% 

    Franchising Services 
    $(159,067) 
    $411,297  
    $(570,364) 
     -139%
  
    Gross Margin 
     -48.3% 
     46.5% 
     -94.9% 

    Coaching Services 
    $258,228  
    $298,481  
    $(40,253) 
     -13%
  
    Gross Margin 
     45.4% 
     47.5% 
     -2.0% 

    Property Management 
    $341,206  
    $330,440  
    $10,766  
     3%
  
    Gross Margin 
     3.1% 
     3.4% 
     -0.3% 

    Real Estate Brokerage Services (Commercial) 
    $89,873  
    $114,759  
    $(24,886) 
     -22%
  
    Gross Margin 
     27.4% 
     99.0% 
     -71.6% 

    Title Settlement and Insurance 
    $83,010  
    $-  
    $83,010  
     NA 
  
    Gross Margin 
     100.0% 
     0.0% 
     100.