Company: LRHC
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001213900-25-078012
Chunk: 81

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 1
Chunk 81
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 cost of revenue from the four acquisitions completed in the 3rd
and 4th of fiscal year 2023 and the five acquisitions completed in the 1st and 2nd quarter of fiscal
year 2024. The gross profit increased by approximately $634 thousand, or 26%, for the six-months ended June 30, 2025 as compared to the
six-months ended June 30, 2024 primarily attributable to the gross profit from acquisitions.

Franchising Services

Costs of revenue for franchising services decreased
by approximately $28 thousand, or 11%, in the six-months ended June 30, 2025 as compared to the six-months ended June 30, 2024, related
to the acquisition of franchises acquired in 2024. The gross profit of franchising services has decreased by $115 thousand, or about
285%, for the six-month period ending June 30, 2025 over the comparable prior 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 $46 thousand, or 25%, in the six-months ended June 30, 2025 as compared to the six-months ended June 30, 2024.
Costs related to coaching services is related to the augmentation of the coaching program. The gross profit of coaching services has
decreased by $81 thousand, or about 51%, for the six-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 $717 thousand, or 14%, in the six-months ended June 30, 2025 as compared to the six-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 increased by $41 thousand, or about 26%, for the six-month period ending June 30, 2025 over
the comparable prior year period related to 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