La Rosa Holdings Restates 2024 Revenue, Confirms No Impact on Profitability or Cash Flow
La Rosa Holdings Corp. (NASDAQ: LRHC) has restated its 2024 revenue by $10.8 million due to a change in revenue recognition under ASC 606, but confirmed no impact on gross profit, net income, or cash flow. The company reported a 17% year-over-year revenue increase in 2025 to $68.6 million.
Tickers: $LRHC
Topics: ASC 606 financial reporting financial restatement PropTech revenue adjustment