La Rosa Holding Corp (LRHC) News & Sentiment

Celebration, FL, Dec. 23, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced it will offer Bitcoin and other cryptocurrencies as a payment option for its network of agents.

LRHC reports strong y/y revenue growth in Q3. However, it struggles with rising losses and debt as it expands its agent network and services.

Increased Utilization and Downloads of My Agent Account Reflect Growing Adoption of La Rosa's Proprietary Platform by its Agents Increased Utilization and Downloads of My Agent Account Reflect Growing Adoption of La Rosa's Proprietary Platform by its Agents

Brokerage Firm Offers Proprietary Cloud-Based SaaS Platform for Real Estate Agents Brokerage Firm Offers Proprietary Cloud-Based SaaS Platform for Real Estate Agents

Launching La Rosa's multi-level revenue share plan in Puerto Rico intended to empower realtors with a unique income stream

Reaffirms target to generate $100 million of annualized revenue as a 2024 exit run rate Reaffirms target to generate $100 million of annualized revenue as a 2024 exit run rate

Anticipates Exceeding 4,000 Agents by the End of the Year, Representing a Potential 62% Increase in Agent Count Since IPO Anticipates Exceeding 4,000 Agents by the End of the Year, Representing a Potential 62% Increase in Agent Count Since IPO

La Rosa (NASDAQ: LRHC ) stock is heading higher on Tuesday after the residential real estate company said it will white label its proprietary artificial intelligence (AI) system, JAEME. JAEME is an AI assistant for real estate agents that was launched in October 2023.

JAEME Experienced a 92.6% Increase in Utilization in Five Months After Launch JAEME Experienced a 92.6% Increase in Utilization in Five Months After Launch