EXCLUSIVE: La Rosa 9M Revenue Surges 120%, Eyes Profitability by 2025
Portfolio Pulse from Anusuya Lahiri
La Rosa Holdings Corp (NASDAQ: LRHC) reported a 120% increase in revenue for the first nine months of 2024, reaching $45 million. The company plans to achieve profitability by 2025, driven by acquisitions and increased agent count. LRHC aims for a $100 million annualized revenue run rate by the end of 2024.
October 23, 2024 | 12:30 pm
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La Rosa Holdings Corp reported a significant 120% increase in revenue for the first nine months of 2024, driven by acquisitions and an increase in agent count. The company aims for profitability by 2025 and targets a $100 million annualized revenue run rate by the end of 2024.
The 120% revenue increase and strategic plans for profitability by 2025 indicate strong growth potential for LRHC. The company's focus on acquisitions and expanding agent count supports its ambitious revenue targets, likely boosting investor confidence and stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100