Company: LRHC
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0001213900-25-048370
Chunk: 184

Company: La Rosa Holdings Corp.
Filing Date: 2025-05-29
Form: 10-Q
Item: Item 2
Chunk 184
---
 2,544,587  
     431,946  
     17%
  
    Real Estate Brokerage Services (Commercial) 
     57,066  
     29,189  
     27,877  
     96%
  
    Title Settlement and Insurance 
     77,204  
     -  
     77,204  
     NM 
  
    Total Revenue 
    $17,514,394  
    $13,088,899  
    $4,425,495  
     34%

NM: Not Meaningful

Real Estate Brokerage Services (Residential)

Residential real estate services sales revenue
increased by approximately $4.0 million, or 39%, in the three months ended March 31, 2025 as compared to the three months ended March
31, 2024. The increase was driven primarily by approximately $3.6 million of revenue from the six acquisitions completed in the 2nd
– 4th quarter of fiscal year 2024 along with incremental additional revenue from the three acquisitions completed in
the first quarter of fiscal year 2024. We increased our transaction fee, monthly agent fee, and annual fee effective September 1, 2023,
which, if volume returns to 2023 levels, real estate brokerage services revenue, excluding incremental acquisition revenue, will increase
in 2025.

Franchising Services

Franchising services revenue decreased by approximately
$106 thousand, or 73%, in the three months ended March 31, 2025 as compared to the three months ended March 31, 2024. The decrease is
attributable to the five of the six acquisitions completed in the 2nd – 4th quarter of fiscal year 2024 that
were franchisees, which no longer contribute to franchising royalties fees. Our remaining franchisees did not see a significant changes
in transaction revenues between the per.

Coaching Services

Coaching services revenue decreased by approximately
$39 thousand, or 29%, in the three months ended March 31, 2025 as compared to the three months ended March 31, 2024, primarily due to
a strategic shift to allow large teams to onboard without coaching in an effort to increase onboarding at the expense of Coaching.

Property Management

Property management revenue increased by approximately
$432 thousand, or 172%, in the three months ended March 31, 202