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Complete financial analysis of Reliance Global Group, Inc. (RELI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Reliance Global Group, Inc., a leading company in the Insurance – Brokers industry within the Financial Services sector.
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Reliance Global Group, Inc. (RELI)
About Reliance Global Group, Inc.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.73M | 16.76M | 9.71M | 7.28M | 4.45M | 20.65K | 39.07K | 18.90K | 75.60K | 213.13K | 43.40K |
| Cost of Revenue | 11.24M | 11.98M | 7.10M | 5.22M | 3.02M | 101.89K | 3.08K | 19.04K | 114.67K | 89.83K | 67.27K |
| Gross Profit | 2.50M | 4.78M | 2.61M | 2.06M | 1.43M | -81.24K | 35.99K | -141.00 | -39.06K | 123.30K | -23.87K |
| Gross Profit Ratio | 18.18% | 28.52% | 26.88% | 28.24% | 32.10% | -393.43% | 92.13% | -0.75% | -51.67% | 57.85% | -55.00% |
| Research & Development | 0.00 | 1.83 | -2.17 | -0.50 | -0.79 | 20.42 | 49.00K | -44.10 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 4.09M | 6.72M | 3.59M | 4.21M | 3.64M | 826.44K | 128.15K | 487.01K | 251.87K | 195.59K | 11.69K |
| Selling & Marketing | 364.97K | 2.58M | 325.84K | 168.78K | 165.57K | 6.31K | 0.00 | 0.00 | 0.00 | 0.00 | 48.00K |
| SG&A | 4.45M | 9.30M | 3.92M | 4.37M | 3.80M | 20.42 | 128.15K | 487.01K | 251.87K | 195.59K | 59.69K |
| Other Expenses | 11.92M | 2.80M | 1.61M | 1.33M | 727.98K | 1.47M | 324.17K | 346.40K | 339.19K | 271.29K | 0.00 |
| Operating Expenses | 16.38M | 12.10M | 5.52M | 5.70M | 4.53M | 1.44M | 501.32K | 833.41K | 591.06K | 466.88K | 275.75K |
| Cost & Expenses | 27.61M | 24.08M | 12.62M | 10.92M | 7.55M | 300.00 | 504.39K | 852.45K | 705.73K | 556.71K | 343.02K |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.66M | 918.03K | 0.00 | 0.00 | 0.00 | 0.00 | 179.66K | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 2.61M | -10.72M | 30.50M | 10.92M | 7.46M | 1.07M | 504.39K | 852.45K | 339.19K | 271.29K | 216.06K |
| EBITDA | -5.76M | -3.94M | -1.31M | -2.30M | -2.38M | -491.79K | -141.16K | -487.15K | -290.94K | -72.29K | -83.56K |
| EBITDA Ratio | -41.95% | -114.68% | 168.35% | -38.85% | -53.38% | -2,381.55% | -361.31% | -2,577.51% | -393.01% | -33.92% | -192.52% |
| Operating Income | -13.88M | -7.33M | 14.74M | -3.64M | -3.10M | 88.42K | -960.56K | -833.55K | -630.13K | -343.58K | -299.62K |
| Operating Income Ratio | -101.07% | -43.72% | 151.80% | -50.06% | -69.74% | 428.18% | -2,458.70% | -4,410.30% | -833.46% | -161.20% | -690.35% |
| Total Other Income/Expenses | 3.85M | -922.89K | -18.19M | -54.59K | -391.57K | -337.18K | -1.62M | 0.00 | 6.20K | 0.00 | 0.00 |
| Income Before Tax | -10.03M | 6.47M | -21.10M | -3.70M | -3.50M | -961.62K | -2.58M | -833.55K | -623.93K | -343.58K | -299.62K |
| Income Before Tax Ratio | -73.01% | 38.59% | -217.28% | -50.81% | -78.54% | -4,656.76% | -6,599.85% | -4,410.30% | -825.26% | -161.20% | -690.35% |
| Income Tax Expense | 0.00 | -28.17M | 17.65M | -508.70K | -3.01M | -1.05M | -1.75M | -833.55K | -6.20K | 0.00 | 0.00 |
| Net Income | -12.01M | 34.63M | -38.75M | -3.19M | -3.50M | 421.75K | -2.58M | -833.55K | -623.93K | -343.58K | -299.62K |
| Net Income Ratio | -87.46% | 206.68% | -399.07% | -43.83% | -78.54% | 2,042.38% | -6,599.85% | -4,410.30% | -825.26% | -161.20% | -690.35% |
| EPS | -4.26 | 31.63 | -57.57 | -8.16 | -18.22 | 6.72K | -115.52 | -37.79 | -28.80 | -16.65 | -15.60 |
| EPS Diluted | -72.39 | 31.63 | -57.57 | -8.16 | -18.22 | 6.72K | -115.52 | -37.79 | -28.80 | -16.65 | -15.60 |
| Weighted Avg Shares Out | 2.82M | 1.09M | 673.14K | 390.87K | 191.85K | 62.73 | 22.32K | 22.06K | 21.67K | 20.64K | 19.20K |
| Weighted Avg Shares Out (Dil) | 165.90K | 1.09M | 673.14K | 390.87K | 191.85K | 62.73 | 22.32K | 22.06K | 21.67K | 20.64K | 19.20K |
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