Breaking News (NASDAQ: LRHC) Executes "9th" Acquisition as Part of Strategic Expansion Plan!

Now Equipped with a War Chest from the Proceeds of its NASDAQ IPO Back in Oct. LRHC Growing Bigger Faster Breaking News (NASDAQ: LRHC) Executes Their "9th" Acquisition as Part of Strategic Expansion Plan and Brings its Previously Announced La Rosa’s Ultimate Plan to California Hi “FDR” Member, This is Michael Reece with “FinancialDrivenResearch” delivering an important update on you your new breakout alert La Rosa Holdings (NASDAQ: LRHC). Bullish Catalyst - Key Driver For Exceptional Shareholder Growth La Rosa Executes Their "9th" Blockbuster Acquisition A potential catalyst that provides a very bullish outlook is LRHC executes roll up strategy announcing another big acquisition today of their 9th real estate brokerage franchisee which reaffirms target to generate $100 Mln of annualized revenue as a 2024 exit run rate! LRHC has undergone an impressive and explosive evolution since they've “IPO’d” back in October that's lead to the commencement of a multi-month hyper-growth phase. Their latest acquisition comes as part of La Rosa's strategic expansion plan and brings its previously announced La Rosa’s Ultimate Plan to California. Here's a Snapshot of News: La Rosa Acquires Real Estate Brokerage Franchisee in California Launching La Rosa’s multi-level revenue share plan in California intended to empower realtors with a unique income stream  Ninth franchisee that has been acquired since IPO  Reaffirms target to generate $100 Mln of annualized revenue as a 2024 exit run rate  Celebration, FL, March 20, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has completed an acquisition transaction and now holds a 51% interest in the Company’s franchisee - La Rosa Realty California LLC (“La Rosa California”), located in Hayward, California, with a separate branch in Los Angeles, California.  The acquisition comes as part of La Rosa's strategic expansion plan and brings its previously announced La Rosa’s Ultimate Plan to California. The Ultimate Plan is a four-level revenue share model intended to create a sustainable and lucrative income stream for real estate professionals. This model allows agents to generate earnings not only from their direct referrals but also from the referrals brought in by their recruits.  Joe La Rosa, CEO of the Company, commented, “We believe that California’s dynamic real estate market presents exciting oppor∙tunities for growth and expansion. In California, home prices have surged by 11.4% year-over-year as of February 2024, reflecting market demand. Despite this surge in prices, the number of homes sold has increased by 8.1% year-over-year as of February 2024, indicating a competitive market environment. We remain committed to enhancing our service offerings and strengthening our position in the real estate industry. We believe that our Ultimate Plan offers unparalleled oppor∙tunities for agents to thrive and succeed in the competitive real estate market. With the strength of our innovative offerings and the expertise of our dedicated agents, we believe that we are well positioned to cap∙italize on the oppor∙tunities presented by California's real estate market. We anticipate that our accretive roll-up strategy will propel us towards achieving our annualized revenue run rate target of $100 Mln by the end of 2024, with the expectation of attaining pro∙fita∙bility in 2025.”  About La Rosa Holdings Corp.  La Rosa is a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments. 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. La Rosa'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. Investing.com Technical Opinion Rating Issued LRHC a Bullish B∙UY Rating Overall, technical indicators are signaling a Bullish STR∙ONG B∙UY Rating based on Investing.com technical analysis. I am urging all of my FDR members to add La Rosa Holdings (NASDAQ: LRHC) to the top of your watch list right now! To Your Trading Success, Michael Reece Editor, Financial Driven Research © 2023 Financial Driven Research, All Rights Reserved. Financial Driven Research (“FDR” or “Company”) is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or inves∙tment for any specific individual. 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