Financial Snapshot

Revenue
$50.37M
TTM
Gross Margin
8.54%
TTM
Net Earnings
-$14.82M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
75.6%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$10.06M
Q2 2024
Cash
Q2 2024
P/E
-0.8341
Sep 17, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $31.76M $26.20M $28.80M $24.13M
YoY Change 21.22% -9.03% 19.35%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $31.76M $26.20M $28.80M $24.13M
Cost Of Revenue $28.92M $23.68M $25.28M $21.05M
Gross Profit $2.841M $2.530M $3.510M $3.080M
Gross Profit Margin 8.95% 9.66% 12.19% 12.76%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $9.934M $4.530M $3.450M $2.950M
YoY Change 119.28% 31.3% 16.95%
% of Gross Profit 349.63% 179.05% 98.29% 95.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $73.13K
YoY Change
% of Gross Profit 2.57%
Operating Expenses $9.934M $4.530M $3.450M $2.950M
YoY Change 119.28% 31.3% 16.95%
Operating Profit -$7.092M -$2.000M $60.00K $130.0K
YoY Change 254.62% -3433.33% -53.85%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense -$1.018M -$610.0K -$90.00K -$10.00K
YoY Change 66.89% 577.78% 800.0%
% of Operating Profit -150.0% -7.69%
Other Income/Expense, Net $286.6K $0.00 $0.00 $10.00K
YoY Change -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$7.824M -$2.470M $250.0K $130.0K
YoY Change 216.75% -1088.0% 92.31%
Income Tax $0.00 -$150.0K $150.0K $0.00
% Of Pretax Income 60.0% 0.0%
Net Earnings -$9.291M -$2.320M $100.0K $130.0K
YoY Change 300.47% -2420.0% -23.08%
Net Earnings / Revenue -29.25% -8.85% 0.35% 0.54%
Basic Earnings Per Share -$1.27 -$0.39
Diluted Earnings Per Share -$1.27 -$0.19 $0.01 $0.01

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $959.6K $120.0K $530.0K $180.0K
YoY Change 699.67% -77.36% 194.44%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $1.484M $1.460M $1.110M $1.030M
YoY Change 1.66% 31.53% 7.77%
Inventory
Prepaid Expenses
Receivables $826.4K $420.0K $620.0K $220.0K
Other Receivables $0.00 $50.00K $30.00K $30.00K
Total Short-Term Assets $3.270M $2.040M $2.290M $1.460M
YoY Change 60.31% -10.92% 56.85%
Property, Plant & Equipment $702.5K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $21.27K $1.840M $560.0K $10.00K
YoY Change -98.84% 228.57% 5500.0%
Total Long-Term Assets $11.06M $1.840M $570.0K $10.00K
YoY Change 501.02% 222.81% 5600.0%
Total Assets $14.33M $3.880M $2.860M $1.470M
YoY Change
Accounts Payable $1.147M $1.520M $940.0K $300.0K
YoY Change -24.53% 61.7% 213.33%
Accrued Expenses $868.1K $520.0K $80.00K $60.00K
YoY Change 66.95% 550.0% 33.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $670.0K $520.0K $150.0K
YoY Change -100.0% 28.85% 246.67%
Long-Term Debt Due $4.400K $250.0K $190.0K $170.0K
YoY Change -98.24% 31.58% 11.76%
Total Short-Term Liabilities $2.097M $4.640M $2.720M $1.370M
YoY Change -54.81% 70.59% 98.54%
Long-Term Debt $615.1K $360.0K $350.0K $400.0K
YoY Change 70.87% 2.86% -12.5%
Other Long-Term Liabilities $1.850M $1.750M $1.100M $920.0K
YoY Change 5.73% 59.09% 19.57%
Total Long-Term Liabilities $2.465M $2.110M $1.450M $1.320M
YoY Change 16.84% 45.52% 9.85%
Total Liabilities $8.419M $6.760M $4.170M $2.690M
YoY Change 24.54% 62.11% 55.02%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 7.293M shares 6.000M shares
Diluted Shares Outstanding 7.293M shares 6.000M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $12.36 Million

About La Rosa Holdings

La Rosa Holdings Corp. operates as a holding company, which provides real estate brokerage services. The company is headquartered in Celebration, Florida and currently employs 42 full-time employees. The company went IPO on 2023-10-10. In addition to providing person-to-person residential and commercial real estate brokerage services to the public, the Company cross-sells ancillary technology-based products and services primarily to its sales agents and the sales agents associated with their franchisees. The firm's business is organized based on the services they provide internally to their agents and to the public, which are residential and commercial real estate brokerage, franchising, real estate brokerage, education and coaching, and property management. The firm has approximately 22 La Rosa Realty corporate real estate brokerage offices and branches located in Florida, California, Texas, and Georgia. The company also has 15 La Rosa Realty franchised real estate brokerage offices and branches and two affiliated real estate brokerage offices in the United States and Puerto Rico.

Industry: Real Estate Agents & Managers (For Others) Peers: Doma Holdings Inc CoStar Group Inc Douglas Elliman Inc Fathom Holdings Inc Offerpad Solutions Inc Re/Max Holdings Inc