La Rosa Holdings Corp. Announces Authorization of Stock Buyback Program
La Rosa Holdings Corp. (NASDAQ: LRHC) has announced a stock buyback program authorizing the repurchase of up to $500,000 of its outstanding common stock on the open market. The timing and execution of repurchases will be based on capital needs, market conditions, and stock price considerations.
The company reported significant growth metrics, including a 119% revenue increase to $69.4 million for fiscal 2024 and a 55% increase to $17.7 million in the fourth quarter. La Rosa has also expanded its agent network to over 2,700 agents. CEO Joe La Rosa stated that the buyback program reflects the board's confidence in their business model and long-term outlook, noting that current share prices may not reflect the company's underlying value and momentum.
La Rosa Holdings Corp. (NASDAQ: LRHC) ha annunciato un programma di riacquisto azionario che autorizza l'acquisto di azioni ordinarie in circolazione fino a un massimo di 500.000 $ sul mercato aperto. Il momento e l'esecuzione dei riacquisti saranno determinati in base alle esigenze di capitale, alle condizioni di mercato e alle considerazioni sul prezzo delle azioni.
L'azienda ha riportato metriche di crescita significative, tra cui un aumento del fatturato del 119% che ha raggiunto i 69,4 milioni di dollari per l'esercizio fiscale 2024 e un incremento del 55% a 17,7 milioni di dollari nel quarto trimestre. La Rosa ha inoltre ampliato la sua rete di agenti a oltre 2.700 agenti. Il CEO Joe La Rosa ha dichiarato che il programma di riacquisto riflette la fiducia del consiglio nel modello di business e nelle prospettive a lungo termine, sottolineando che i prezzi attuali delle azioni potrebbero non rispecchiare il valore reale e lo slancio dell'azienda.
La Rosa Holdings Corp. (NASDAQ: LRHC) ha anunciado un programa de recompra de acciones que autoriza la adquisición de hasta 500,000 $ de sus acciones ordinarias en circulación en el mercado abierto. El momento y la ejecución de las recompras se basarán en las necesidades de capital, las condiciones del mercado y las consideraciones sobre el precio de las acciones.
La compañía reportó métricas de crecimiento significativas, incluyendo un aumento de ingresos del 119% hasta 69.4 millones de dólares para el año fiscal 2024 y un incremento del 55% hasta 17.7 millones en el cuarto trimestre. La Rosa también ha ampliado su red de agentes a más de 2,700 agentes. El CEO Joe La Rosa declaró que el programa de recompra refleja la confianza de la junta en su modelo de negocio y perspectiva a largo plazo, señalando que los precios actuales de las acciones podrían no reflejar el valor subyacente y el impulso de la empresa.
라 로사 홀딩스 코퍼레이션 (NASDAQ: LRHC)은 최대 50만 달러 상당의 보통주를 공개 시장에서 재매입할 수 있는 주식 환매 프로그램을 발표했습니다. 환매 시기와 실행은 자본 필요성, 시장 상황, 주가를 고려하여 결정됩니다.
회사는 2024 회계연도 매출이 119% 증가하여 6,940만 달러에 달했으며, 4분기 매출도 55% 증가하여 1,770만 달러를 기록하는 등 눈에 띄는 성장 지표를 보고했습니다. 라 로사는 또한 에이전트 네트워크를 2,700명 이상으로 확장했습니다. CEO 조 라 로사는 이번 환매 프로그램이 이사회가 비즈니스 모델과 장기 전망에 대해 확신하고 있음을 반영하며, 현재 주가가 회사의 내재 가치와 성장 모멘텀을 제대로 반영하지 못할 수 있다고 밝혔습니다.
La Rosa Holdings Corp. (NASDAQ : LRHC) a annoncé un programme de rachat d’actions autorisant le rachat jusqu’à 500 000 $ de ses actions ordinaires en circulation sur le marché libre. Le calendrier et l’exécution des rachats dépendront des besoins en capital, des conditions du marché et des considérations sur le cours de l’action.
L’entreprise a communiqué des indicateurs de croissance significatifs, notamment une augmentation du chiffre d’affaires de 119% à 69,4 millions de dollars pour l’exercice 2024 et une hausse de 55% à 17,7 millions de dollars au quatrième trimestre. La Rosa a également étendu son réseau d’agents à plus de 2 700 agents. Le PDG Joe La Rosa a déclaré que ce programme de rachat reflète la confiance du conseil d’administration dans leur modèle économique et leurs perspectives à long terme, soulignant que les cours actuels des actions pourraient ne pas refléter la valeur sous-jacente et l’élan de l’entreprise.
La Rosa Holdings Corp. (NASDAQ: LRHC) hat ein Aktienrückkaufprogramm angekündigt, das den Rückkauf von bis zu 500.000 $ seiner ausstehenden Stammaktien am offenen Markt genehmigt. Zeitpunkt und Durchführung der Rückkäufe richten sich nach Kapitalbedarf, Marktbedingungen und Kursentwicklungen.
Das Unternehmen meldete bedeutende Wachstumskennzahlen, darunter einen Umsatzanstieg von 119% auf 69,4 Millionen Dollar im Geschäftsjahr 2024 sowie einen 55%igen Anstieg auf 17,7 Millionen Dollar im vierten Quartal. La Rosa hat zudem sein Agentennetzwerk auf über 2.700 Agenten erweitert. CEO Joe La Rosa erklärte, dass das Rückkaufprogramm das Vertrauen des Vorstands in das Geschäftsmodell und die langfristigen Aussichten widerspiegelt und bemerkte, dass die aktuellen Aktienkurse möglicherweise nicht den tatsächlichen Wert und das Momentum des Unternehmens widerspiegeln.
- 119% revenue growth to $69.4 million in fiscal 2024
- 55% revenue increase to $17.7 million in Q4
- Agent network expanded to over 2,700 agents
- $500,000 stock buyback program authorized
- Relatively small buyback amount of $500,000 may have impact on share price
Celebration, FL, April 24, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech company, announced today that its Board of Directors has a stock buyback program to repurchase up to
Joe La Rosa, CEO of La Rosa, commented, “We’re pleased to announce the launch of our share repurchase program, a strategic move to enhance stockholder value, as we believe our stock represents a compelling investment opportunity at current levels. We believe that the Board’s authorization reflects its confidence in our business model and long-term outlook. In our view, the past few months have been transformative, highlighted by a
About La Rosa Holdings Corp.
La Rosa Holdings Corp. (Nasdaq: LRHC) is transforming the real estate industry by providing agents with flexible compensation options, including a revenue-sharing model or a fee-based structure with
The Company offers both residential and commercial real estate brokerage services, as well as technology-driven products and support for its agents and franchise partners. Its business model includes internal services for agents and external offerings for the public, spanning real estate brokerage, franchising, education and coaching, and property management.
La Rosa operates 26 corporate-owned brokerage offices across Florida, California, Texas, Georgia, North Carolina, and Puerto Rico. La Rosa also recently started its expansion into Europe, beginning with engagement of the area developer in Spain. Additionally, the Company has six franchised offices and branches and three affiliated brokerage locations in the U.S. and Puerto Rico. The Company also operates a full-service escrow settlement and title company in Florida.
For more information, please visit: https://www.larosaholdings.com.
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Forward-Looking Statements
This press release contains forward-looking statements regarding the Company’s current expectations that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company's ability to achieve profitable operations, our ability to successfully integrate acquisitions into our business operations, customer acceptance of new services, the demand for the Company’s services and the Company’s customers' economic condition, the impact of competitive services and pricing, general economic conditions, the successful integration of the Company’s past and future acquired brokerages, the effect of the recent National Association of Realtors' landmark settlement on our business operations, and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission (the "SEC”). You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and other reports and documents that we file from time to time with the SEC. Forward-looking statements contained in this press release are made only as of the date of this press release, and La Rosa does not undertake any responsibility to update any forward-looking statements in this release, except as may be required by applicable law. References and links to websites have been provided as a convenience, and the information contained on such websites has not been incorporated by reference into this press release.
For more information, contact: info@larosaholdings.com
Investor Relations Contact:
Crescendo Communications, LLC
David Waldman/Natalya Rudman
Tel: (212) 671-1020
Email: LRHC@crescendo-ir.com
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