Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1442

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 4
Chunk 1442
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 of changes to rules established by local or state real
estate boards or multiple listing services. All of this may require changes to many brokers’ business models, including changes
in agent and broker compensation. For example, we will likely have to develop mechanisms and a plan that enable buyers and sellers to
negotiate commissions. The Company will 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