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La Rosa Holdings Corp.

09:05 AM EST - La Rosa Holdings Corp. : Provided a business update and announced its financial results for the third quarter ended September 30, 2023. Q3 2023 Highlights and Subsequent Events: Total revenue increased 11% year-over-year to $6.8 million for Q3 2023; Entered into strategic referral partnership with Janover, an AI-enabled B2B fintech marketplace connecting commercial property borrowers and lenders; Launched a proprietary artificial intelligence (“AI”) technology system 'JAEME' to support real estate agents; Acquired two of its real estate brokerage franchisees with combined revenues in excess of $20.7 million in 2022; Completed an IPO on October 12, 2023, raising gross proceeds of $5.0 million and commenced trading on the Nasdaq Stock Market. La Rosa Holdings Corp. shares N.LRHC are trading up 32 cents at $1.95.

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