EXCLUSIVE: La Rosa Restructures Debt, Defers Payments To Plan Expansion And Scale Revenue
Portfolio Pulse from Anusuya Lahiri
La Rosa Holdings Corp (NASDAQ: LRHC) has restructured its debt, deferring payments to focus on expansion and acquisitions. The company aims for a $100 million revenue run rate by the end of 2024 and profitability in 2025.
September 26, 2024 | 12:15 pm
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La Rosa Holdings has restructured its debt, deferring payments to focus on expansion and acquisitions. The company aims for a $100 million revenue run rate by the end of 2024 and profitability in 2025.
The restructuring of debt allows La Rosa Holdings to defer payments, providing financial flexibility to focus on strategic growth through acquisitions. This is likely to positively impact the stock price as the company aims for significant revenue growth and profitability.
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