Reliance Global Group, Inc.

RELI

NASDAQ

0.9501

USD

-0.02(-2.04%)

As of today

Overview Financials Dividends Ratios Discussions Analysis

Reliance Global Group, Inc. fundamentals

Overview Income Statement Balance Sheet Cash Flow

Key ratios

P/E Ratio

0.22

Price/Book

0.99

Debt/Equity

137.32%

Return on Equity

-232.14%

Dividend Yield

0.00%

EBITDA

-5702000.00

Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking, and employee benefits insurance products. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey.

Statements Highlights

AnnualQuarterly

Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Total Revenue	7,279,530	9,710,334	16,755,884	13,731,826	14,054,361
Gross Profit	2,055,494	2,610,052	4,779,099	2,495,835	2,637,952
Operating Income	-3,644,418	14,740,488	-7,325,509	-13,879,192	-7,695,319
Net Income	-3,190,305	-38,751,273	34,631,207	-12,009,982	-9,071,584
Total Assets	17,922,086	27,675,563	38,427,729	23,015,009	17,315,077
Total Current Liabilities	6,884,072	44,981,252	7,794,284	3,189,851	3,573,764
Total Equity	13,555,005	-21,216,402	24,780,321	7,147,330	2,997,242
Free Cash Flow	-468,465	-2,944,049	-3,992,000	-1,037,781	-2,598,352
Cash from Operations	-468,465	-2,253,275	-3,189,997	-847,970	-2,515,124
Cash from Investing	-1,946,194	-2,299,360	-24,642,312	710,189	-83,228
Cash from Financing	2,452,655	8,643,776	25,121,356	966,923	1,657,135
Net Change in Cash	37,996	4,091,141	-2,710,953	829,142	-941,217