La Rosa Holdings Corp. (LRHC) reported a first-quarter 2025 net loss of $95.9 million, or $5.86 per share, a significant decline from a net loss of $4.8 million, or 35 cents per share, in the same period last year. Despite total revenues increasing by 34% to $17.5 million, driven mainly by a 39% growth in residential real estate services, the company experienced a steep 24.2% decline in its shares since the earnings report. Comparatively, the S&P 500 index rose 7.9% during this period.
The company’s gross profit rose 32% to $1.54 million, yet operating expenses jumped to $6.2 million from $5.7 million, resulting in an operating loss of $4.7 million. A significant portion of the net loss was attributed to non-operational items, including a $128.8 million loss on issuing a senior secured convertible note. As of March 31, 2025, La Rosa initiated a $500,000 stock repurchase program, which is set to expire on December 31, 2025.