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La Rosa Q1 Loss Narrows Sharply as Gross Profit Rises 30%
La Rosa Holdings Corp. reported a sharply narrower net loss for the first quarter of fiscal 2026, as gross profit rose nearly 30% despite a 7.2% decline in revenues. Revenues slipped to $13.6 million from $14.6 million a year earlier, while gross profit increased to approximately $2 million from $1.5 million. The net loss improved to $13.5 million from $95.7 million, though the net loss attributable to common stockholders was $16.1 million, or $72.03 per share, compared with $95.9 million, or $46,896.24 per share, in the prior-year period. Operating expenses fell 27.6% to $4.5 million, helped by lower stock-based compensation, and the loss from operations narrowed 46.5% to $2.5 million. The company ended the quarter with unrestricted cash of $1.7 million and $8.1 million in restricted digital assets, while management noted substantial doubt about its ability to continue as a going concern and plans to raise additional capital.