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RELI

Reliance Global Group, Inc.

Price Chart

No historical data available

Latest Quote

$0.41

-0.13 (-23.76%)
Current Price
Previous Close $0.54
Open $0.46
Day High $0.48
Day Low $0.39
Volume 2,254,732
Fetched: 2026-03-24T19:10:45
Stock Information
Shares Outstanding 9.87M
Total Debt $7.06M
Cash Equivalents $2.58M
Revenue $13.12M
Net Income $-7.00M
Sector Financial Services
Industry Insurance Brokers
Market Cap $4.09M
P/E Ratio 3.77
EPS (TTM) $0.11
Exchange NCM
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Recent Price History
No history data available. Data will be fetched automatically.
About Reliance Global Group, Inc.

Reliance Global Group, Inc. focuses on the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in healthcare and medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. 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.

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Income Statement (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenue
Reconciled Cost Of Revenue $11,416,409 $11,235,991 $10,649,037 $7,100,282
Cost Of Revenue $11,416,409 $11,235,991 $10,649,037 $7,100,282
Total Revenue $14,054,361 $13,731,826 $11,761,882 $9,710,334
Operating Revenue $14,054,361 $13,731,826 $11,761,882 $9,710,334
Expenses
Interest Expense $1,583,610 $1,656,253 $918,026 -
Total Expenses $17,779,809 $18,300,145 $18,342,017 $12,622,654
Other Income Expense $-3,762,526 $-3,800,696 $29,060,093 $-18,186,145
Other Non Operating Income Expenses $51,345 $6,530 $-4,341 $-533,337
Net Non Operating Interest Income Expense $-1,583,610 $-1,656,253 $-918,026 -
Interest Expense Non Operating $1,583,610 $1,656,253 $918,026 -
Operating Expense $6,363,400 $7,064,154 $7,692,980 $5,522,372
Selling And Marketing Expense $357,697 $364,974 $170,311 $325,838
General And Administrative Expense $4,219,635 $4,089,989 $4,959,151 $3,589,221
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-9,071,584 $-10,025,268 $21,561,932 $-21,098,465
Net Interest Income $-1,583,610 $-1,656,253 $-918,026 -
Normalized Income $-5,257,713 $-6,218,042 $-7,502,502 $-3,445,657
Net Income From Continuing And Discontinued Operation $-9,071,584 $-12,009,982 $6,466,162 $-21,098,465
Total Operating Income As Reported $-7,695,319 $-13,879,192 $-6,580,659 $-2,912,320
Net Income Common Stockholders $-9,071,584 $-12,009,982 $6,466,162 $-21,098,465
Net Income $-9,071,584 $-12,009,982 $6,466,162 $-21,098,465
Net Income Including Noncontrolling Interests $-9,071,584 $-12,009,982 $6,466,162 $-21,098,465
Net Income Discontinuous Operations $0 $-1,984,714 $-15,095,770 -
Net Income Continuous Operations $-9,071,584 $-10,025,268 $21,561,932 $-21,098,465
Pretax Income $-9,071,584 $-10,025,268 $21,561,932 $-21,098,465
Special Income Charges $-3,969,871 $-9,310,873 $-524 $0
Operating Income $-3,725,448 $-4,568,319 $-6,580,135 $-2,912,320
Depreciation Amortization Depletion Income Statement $1,786,068 $2,609,191 $2,563,518 $1,607,313
Depreciation And Amortization In Income Statement $1,786,068 $2,609,191 $2,563,518 $1,607,313
Gross Profit $2,637,952 $2,495,835 $1,112,845 $2,610,052
Per Share
Diluted EPS $-9.01 $-87.70 $-7.14 $-532.78
Basic EPS $-9.01 $-87.70 $-7.14 $-532.78
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-1,888,035 $-1,952,598 $-4,020,958 $16,347,801
Total Unusual Items $-3,813,871 $-3,807,226 $29,064,434 $-17,652,808
Total Unusual Items Excluding Goodwill $-3,813,871 $-3,807,226 $29,064,434 $-17,652,808
Reconciled Depreciation $1,786,068 $2,609,191 $2,563,518 $1,607,313
EBITDA (Bullshit earnings) $-5,701,906 $-5,759,824 $25,043,476 $-1,305,007
EBIT $-7,487,974 $-8,369,015 $22,479,958 $-2,912,320
Diluted Average Shares $1,007,020 $165,899 $64,411 $39,596
Basic Average Shares $1,007,020 $165,899 $64,398 $39,596
Diluted NI Availto Com Stockholders $-9,071,584 $-12,009,982 $6,466,162 $-21,098,465
Write Off $3,922,110 $0 - -
Impairment Of Capital Assets $0 $7,594,000 $0 $0
Restructuring And Mergern Acquisition $47,761 $1,716,873 $524 -
Gain On Sale Of Security $156,000 $5,503,647 $29,064,958 $-17,652,808
Selling General And Administration $4,577,332 $4,454,963 $5,129,462 $3,915,059
Other Gand A $4,219,635 $4,089,989 $4,959,151 $3,589,221
Fetched: 2026-02-02
Balance Sheet (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Net Tangible Assets $-9,119,754 $-10,588,526 $-18,815,429 $-43,195,306
Total Assets $17,315,077 $23,015,009 $38,427,729 $27,675,563
Total Non Current Assets $13,325,622 $18,635,977 $35,162,350 $19,694,062
Other Non Current Assets $21,792 $20,292 $5,354,163 $16,792
Goodwill And Other Intangible Assets $12,116,996 $17,735,856 $27,726,468 $17,129,177
Other Intangible Assets $5,423,897 $11,042,757 $13,439,369 $7,078,900
Current Assets $3,989,455 $4,379,032 $3,265,379 $7,981,501
Other Current Assets $681,450 $333,756 $245,535 $2,328,817
Restricted Cash $1,424,999 $1,409,895 $1,404,359 $484,542
Receivables $1,510,311 $1,306,365 $1,024,077 $1,031,962
Other Receivables $42,184 $899 $11,464 -
Accounts Receivable $1,468,127 $1,305,466 $1,012,613 $1,031,962
Cash Cash Equivalents And Short Term Investments $372,695 $1,329,016 $505,410 $4,136,180
Cash And Cash Equivalents $372,695 $1,329,016 $505,410 $4,136,180
Cash Financial $372,695 $1,329,016 $505,410 $4,136,180
Investmentin Financial Assets - $0 $900,000 $1,350,000
Assets Held For Sale Current - $0 $85,998 -
Prepaid Assets - - - $2,328,817
Notes Receivable - - - $0
Debt
Net Debt $11,568,853 $12,441,203 $16,007,499 $4,216,831
Total Debt $13,032,898 $14,539,725 $17,566,914 $9,434,346
Long Term Debt And Capital Lease Obligation $10,743,745 $12,408,835 $14,686,007 $8,244,417
Long Term Debt $9,896,452 $11,924,500 $13,971,939 $7,439,091
Current Debt And Capital Lease Obligation $2,289,153 $2,130,890 $2,880,907 $1,189,929
Current Debt $2,045,096 $1,845,719 $2,540,970 $913,920
Other Current Borrowings $2,045,096 $1,845,719 $2,540,970 $913,920
Liabilities
Total Liabilities Net Minority Interest $14,317,835 $15,867,679 $29,516,690 $53,741,692
Total Non Current Liabilities Net Minority Interest $10,744,071 $12,677,828 $21,675,157 $8,760,440
Derivative Product Liabilities $326 $268,993 $6,433,150 $0
Current Liabilities $3,573,764 $3,189,851 $7,841,533 $44,981,252
Other Current Liabilities $58,829 $216,064 $3,908,131 $40,950,663
Payables And Accrued Expenses $1,225,782 $842,897 $1,052,495 $2,840,660
Payables $1,095,885 $697,169 $906,702 $664,720
Other Payable $158,933 $61,830 $159,233 $117,603
Accounts Payable $936,952 $635,339 $747,469 $547,117
Other Non Current Liabilities - - $556,000 $516,023
Equity
Common Stock Equity $2,997,242 $7,147,330 $8,911,039 $-26,066,129
Total Equity Gross Minority Interest $2,997,242 $7,147,330 $8,911,039 $-26,066,129
Stockholders Equity $2,997,242 $7,147,330 $8,911,039 $-26,066,129
Retained Earnings $-48,073,549 $-39,001,965 $-26,991,983 $-33,458,145
Other Equity Interest - - - $-20,000,000
Other
Ordinary Shares Number $2,250,210 $280,116 $4,782 $42,965
Share Issued $2,250,210 $280,116 $4,782 $42,965
Tangible Book Value $-9,119,754 $-10,588,526 $-18,815,429 $-43,195,306
Invested Capital $14,938,790 $20,917,549 $25,423,948 $-17,713,118
Working Capital $415,691 $1,189,181 $-4,576,154 $-36,999,751
Capital Lease Obligations $1,091,350 $769,506 $1,054,005 $1,081,335
Total Capitalization $12,893,694 $19,071,830 $22,882,978 $-18,627,038
Additional Paid In Capital $50,877,307 $46,125,206 $35,798,139 $27,329,201
Capital Stock $193,484 $24,089 $104,883 $62,815
Common Stock $193,484 $24,089 $104,883 $62,815
Preferred Stock $0 $0 $0 $0
Long Term Capital Lease Obligation $847,293 $484,335 $714,068 $805,326
Current Capital Lease Obligation $244,057 $285,171 $339,937 $276,009
Current Accrued Expenses $129,897 $145,728 $145,793 $2,175,940
Goodwill $6,693,099 $6,693,099 $14,287,099 $10,050,277
Net PPE $1,186,834 $879,829 $1,181,719 $1,198,093
Accumulated Depreciation $-168,729 $-138,381 $-93,034 $-67,727
Gross PPE $1,355,563 $1,018,210 $1,274,753 $1,265,820
Leases $131,098 $120,378 $122,830 $89,819
Other Properties $1,052,926 $739,830 $1,018,952 $1,067,734
Machinery Furniture Equipment $171,539 $158,002 $132,971 $108,267
Properties $0 $0 $0 $0
Investments And Advances - $0 $900,000 $1,350,000
Current Provisions - - $915,934 -
Duefrom Related Parties Current - - $21,887 $7,131
Fetched: 2026-02-02
Cash Flow Statement (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Free Cash Flow
Free Cash Flow $-2,598,352 $-1,037,781 $-3,992,373 $-2,944,049
Operating Activities
Operating Cash Flow $-2,515,124 $-847,970 $-3,189,997 $-2,253,275
Cash From Discontinued Operating Activities $0 $3,748,605 $14,478,179 -
Cash Flow From Continuing Operating Activities $-2,515,124 $-4,596,575 $-17,668,176 $-2,253,275
Operating Gains Losses $-156,000 $-5,503,647 $-29,064,958 $17,652,808
Investing Activities
Capital Expenditure $-83,228 $-189,811 $-802,376 $-690,774
Investing Cash Flow $-83,228 $710,189 $-24,642,312 $-2,299,360
Cash Flow From Continuing Investing Activities $-83,228 $710,189 $-6,352,376 $-2,299,360
Cash From Discontinued Investing Activities - $0 $-18,289,936 -
Financing Activities
Issuance Of Capital Stock $3,713,139 $3,446,484 $17,867,982 $10,496,221
Financing Cash Flow $1,657,135 $966,923 $25,121,356 $8,643,776
Cash From Discontinued Financing Activities $0 $-17,700 $47,200 -
Cash Flow From Continuing Financing Activities $1,657,135 $984,623 $25,074,156 $8,643,776
Net Common Stock Issuance $3,713,139 $3,446,484 $17,867,982 $10,496,221
Common Stock Issuance $3,713,139 $3,446,484 $17,867,982 $10,496,221
Net Other Financing Charges - $-419,225 $-1,919,181 $-452,236
Other
Repayment Of Debt $-2,255,952 $-3,312,881 $-1,369,645 $-1,403,140
Issuance Of Debt $199,948 $241,975 $8,020,000 $2,931
Interest Paid Supplemental Data $1,580,686 $1,612,829 $863,936 $456,482
End Cash Position $1,797,694 $2,738,911 $1,909,769 $4,620,722
Beginning Cash Position $2,738,911 $1,909,769 $4,620,722 $529,581
Changes In Cash $-941,217 $829,142 $-2,710,953 $4,091,141
Proceeds From Stock Option Exercised $0 $1,028,270 $2,475,000 $0
Net Issuance Payments Of Debt $-2,056,004 $-3,070,906 $6,650,355 $-1,400,209
Net Short Term Debt Issuance $2,632 $-80,120 $-310,383 -
Short Term Debt Payments $-197,316 $-322,095 $-310,383 -
Short Term Debt Issuance $199,948 $241,975 $0 -
Net Long Term Debt Issuance $-2,058,636 $-2,990,786 $6,960,738 $-1,400,209
Long Term Debt Payments $-2,058,636 $-2,990,786 $-1,059,262 $-1,403,140
Net Investment Purchase And Sale $0 $900,000 $450,000 -
Sale Of Investment $0 $900,000 $450,000 -
Net Intangibles Purchase And Sale $-58,971 $-166,947 $-740,922 $-619,666
Purchase Of Intangibles $-58,971 $-166,947 $-740,922 $-619,666
Net PPE Purchase And Sale $-24,257 $-22,864 $-61,454 $-71,108
Purchase Of PPE $-24,257 $-22,864 $-61,454 $-71,108
Change In Working Capital $49,702 $-316,671 $1,053,378 $-834,739
Change In Other Current Assets $-1,500 $2,992 $-6,492 $-14,992
Change In Payables And Accrued Expense $382,886 $-141,965 $-1,541,624 $-512,123
Change In Payable $382,886 $-141,965 $-1,541,624 $-512,123
Change In Account Payable $351,486 $-48,266 $-1,811,237 $-531,123
Change In Prepaid Assets $-127,739 $104,590 $2,501,023 $-144,036
Change In Receivables $-203,945 $-282,288 $100,471 $-163,588
Changes In Account Receivables $-162,659 $-292,853 $111,935 $-169,365
Other Non Cash Items $420,949 $2,155,428 $63,851 $-329,319
Stock Based Compensation $533,631 $875,106 $1,249,873 $749,127
Asset Impairment Charge $3,922,110 $7,594,000 $0 -
Depreciation Amortization Depletion $1,786,068 $2,609,191 $2,563,518 $1,607,313
Depreciation And Amortization $1,786,068 $2,609,191 $2,563,518 $1,607,313
Amortization Cash Flow $1,755,721 $2,563,559 $2,525,880 -
Amortization Of Intangibles $1,755,721 $2,563,559 $2,525,880 -
Depreciation $30,348 $45,632 $37,638 -
Gain Loss On Investment Securities $-156,000 $-5,503,647 $-29,064,958 $17,652,808
Net Income From Continuing Operations $-9,071,584 $-12,009,982 $6,466,162 $-21,098,465
Long Term Debt Issuance - $0 $8,020,000 $2,931
Net Business Purchase And Sale - $0 $-6,000,000 $-1,608,586
Purchase Of Business - $0 $-6,000,000 $-1,608,586
Change In Other Working Capital - - $-568,539 -
Fetched: 2026-02-02