Company: LRHC
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001213900-25-078012
Chunk: 146

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 2
Chunk 146
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 year period, which is attributable to the reduction
in the cost of revenue due to the acquisitions of the franchises in 2024.

Coaching Services

Costs of revenue related to coaching services
decreased by approximately $29 thousand, or 26%, in the three-months ended June 30, 2025 as compared to the three-months ended June 30,
2024. Costs related to coaching services is related to the augmentation of the coaching program to expedite agent onboarding. The gross
profit of coaching services has decreased by $60 thousand, or about 60%, for the three-month period ending June 30, 2025 over the comparable
prior year period due to a shift in priority to growth in onboarding without a coaching requirement.

Property Management

Costs of revenue related to property management
services increased by approximately $353 thousand, or 13%, in the three-months ended June 30, 2025 as compared to the three-months ended
June 30, 2024. The increase in property management costs was primarily related to an increase in properties under management. The gross
profit of property management services has declined by $26 thousand, or about 21%, for the three-month period ending June 30, 2025 over
the comparable prior year period related to payroll 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 three-months ended June 30, 2025.

39

Six Months Ending June 30

    Six Months Ended June 30,  
    Change 

    2025  
    2024  
    $  
    % 
  
    Real Estate Brokerage Services (Residential) 
    $3,056,199  
    $2,422,126  
    $634,073  
     26%
  
    Gross Margin 
     9.0% 
     9.3% 
     -0.3% 

    Franchising Services 
    $(155,159) 
    $(40,353) 
    $(114,806) 
     285%
  
    Gross Margin 
     -221.7% 
     -18.9% 
     -202.7