Revenue contracted by 57.3% in 2025Q4, while FFO per share plummeted to -356.38, highlighting the instability of the firm's current earnings profile.
| Revenue | 68.51M | 69.45M | 31.76M | 26.2M | 28.8M | 24.13M | 51.52M |
| Revenue Growth % | -1.35% | 118.67% | 21.2% | -9.01% | 19.35% | -53.17% | - |
| Property Operating Expenses | 61.54M | 63.5M | 28.92M | 42.63M | 25.28M | 21.05M | 46.72M |
| Net Operating Income (NOI) | 6.97M | 5.95M | 2.84M | -16.43M | 3.51M | 3.08M | 4.81M |
| NOI Margin % | 10.17% | 8.57% | 8.95% | -62.68% | 12.2% | 12.75% | 9.33% |
| Operating Expenses | 20.39M | 17.15M | 9.93M | 16.14M | 3.45M | 2.95M | 4.46M |
| G&A Expenses | 15.41M | 11.63M | 9.86M | 16.14M | 3.45M | 2.95M | 4.46M |
| EBITDA | -12.15M | -10.18M | -7.02M | -1.98M | 370.88K | 139.65K | 514.72K |
| EBITDA Margin % | -17.73% | -14.66% | -22.1% | -7.54% | 1.29% | 0.58% | 1% |
| Depreciation & Amortization | 1.28M | 1.02M | 73.13K | 0 | 0 | 12K | 171.86K |
| D&A / Revenue % | 1.87% | 1.47% | 0.23% | 0% | 0% | 0.05% | 0.33% |
| Operating Income | -13.42M | -11.2M | -7.09M | -2.01M | 62.92K | 127.65K | 342.86K |
| Operating Margin % | -19.6% | -16.12% | -22.33% | -7.65% | 0.22% | 0.53% | 0.67% |
| Interest Expense | 88.23K | 1.05M | 1.16M | 494.18K | 122.68K | 5.29K | 7.28K |
| Interest Coverage | -152.15x | -12.63x | -6.64x | -4.00x | 3.02x | 26.38x | 47.10x |
| Non-Operating Income | 0 | 2.1M | 591.02K | -28.71K | -307.95K | -12K | 0 |
| Pretax Income | -30.41M | -14.35M | -7.82M | -2.47M | 248.2K | 134.36K | 335.58K |
| Pretax Margin % | -44.39% | -20.66% | -24.63% | -9.43% | 0.86% | 0.56% | 0.65% |
| Income Tax | 2.41M | 0 | 0 | -150K | 150K | 0 | 0 |
| Effective Tax Rate % | -7.92% | 0% | 0% | 6.07% | 60.44% | 0% | 0% |
| Net Income | -32.82M | -14.45M | -7.82M | -2.32M | 98.2K | 134.36K | 335.58K |
| Net Margin % | -47.91% | -20.8% | -24.62% | -8.86% | 0.34% | 0.56% | 0.65% |
| Net Income Growth % | -127.17% | -84.79% | -236.91% | -2463.24% | -26.91% | -59.96% | - |
| Funds From Operations (FFO) | -31.54M | -13.43M | -7.75M | -2.32M | 98.2K | 146.36K | 507.44K |
| FFO Margin % | -46.04% | -19.34% | -24.39% | -8.86% | 0.34% | 0.61% | 0.98% |
| FFO Growth % | -134.89% | -73.38% | - | - | - | -71.16% | - |
| FFO per Share | -3393.06 | -531.26 | -462.19 | -155.09 | 6.56 | 9.78 | 33.91 |
| FFO Payout Ratio % | 0% | 0% | 0% | -9.89% | 621.58% | 382.57% | 2.7% |
| EPS (Diluted) | -3531.00 | -629.94 | -554.42 | -155.09 | 6.56 | 8.98 | 22.42 |
| EPS Growth % | -460.53% | -13.62% | -257.48% | -2464.18% | -26.95% | -59.95% | - |
| EPS (Basic) | -3531.00 | -629.94 | -554.42 | -155.09 | 6.56 | 8.98 | 22.42 |
| Diluted Shares Outstanding | 9.3K | 25.28K | 16.76K | 14.96K | 14.96K | 14.96K | 14.96K |
Liquidity and capital exhaustion
As reported in recent financial filings, La Rosa Holdings Corp. experienced a significant revenue decline of 57.3% in 2025Q4, suggesting that the firm's aggressive expansion strategy is failing to generate the necessary transaction volume to offset the broader downturn in residential real estate market activity.
The sharp drop in quarterly revenue to $7.6 million indicates that the company's agent-centric model is highly sensitive to cyclical transaction velocity. This trajectory suggests that the firm's reliance on rapid acquisition-led growth may be unsustainable without a corresponding improvement in per-agent productivity.
Based on the company's latest income statement, NOI margins reached 24.7% in 2025Q4, yet this figure appears anomalous when compared to the historical 8% to 9% range observed throughout 2024, warranting further investigation into potential non-recurring accounting adjustments or shifts in the underlying cost structure.
While the headline NOI margin improved, the underlying operating losses suggest that property-level gains are insufficient to cover corporate overhead. Investors should monitor whether this margin expansion is a sustainable operational shift or merely a temporary distortion resulting from the company's volatile revenue recognition patterns.
According to the provided quarterly data, FFO per share has exhibited extreme volatility, swinging from a massive positive of 153.36 in 2025Q2 to a negative 356.38 by 2025Q4, which indicates that the company's earnings quality is currently compromised by significant non-recurring items and structural losses.
The erratic FFO trajectory suggests that the firm's core operations are not yet generating consistent cash flow. The reliance on equity-dilutive measures or debt to fund ongoing operations appears likely, given the persistent negative FFO figures reported in most recent periods.
Financial statements indicate that La Rosa Holdings Corp. is currently burning cash at an unsustainable rate, with net losses of $7.7 million in 2025Q4 alone, which may necessitate immediate capital raises to maintain the company's current brokerage and franchising infrastructure in the coming fiscal year.
The mismatch between the company's high fixed-cost structure and its declining revenue base suggests a high probability of liquidity stress. Analysts should remain cautious, as the current cash position appears inadequate to support the firm's aggressive roll-up strategy without further diluting existing shareholders.
Quick answers to the most common questions about buying LRHC stock.
For fiscal year 2025, La Rosa Holdings Corp. (LRHC) reported total revenue of $68.5M. This represents a 33.0% increase compared to $51.5M in 2019.
La Rosa Holdings Corp. (LRHC) reported a net loss of $32.8M for the fiscal year ending 2025.
La Rosa Holdings Corp. (LRHC) reported an operating income of $-13.4M, resulting in an operating profit margin of -19.6%. This margin reflects the operational efficiency of the business before interest and taxes.
La Rosa Holdings Corp. (LRHC) generated $7.0M in gross profit for the year, representing a gross profit margin of 10.2%. This demonstrates the company's core pricing power and production efficiency.