RELIW
Reliance Global Group, Inc.
Price Chart
No historical data available
Latest Quote
$0.00
-0.00 (-2.33%)
Current Price
| Previous Close | $0.00 |
| Open | $0.04 |
| Day High | $0.01 |
| Day Low | $0.00 |
| Volume | 188,932 |
Stock Information
| Total Debt | $7.06M |
| Cash Equivalents | $2.58M |
| Revenue | $13.12M |
| Net Income | $-7.00M |
| Exchange | NCM |
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.
đ° Latest News
Reliance Global Group Inc (RELI) Q3 2025 Earnings Call Highlights: Strategic Moves and ...
GuruFocus.com âĸ 2025-11-07T05:03:23Z
Cardano's Charles Hoskinson Says $100 Billion XRP Could Flood Into DeFi
Benzinga âĸ 2025-10-09T02:31:18Z
Reliance Global Group Inc (RELI) Q2 2025 Earnings Call Highlights: Strategic Moves and ...
GuruFocus.com âĸ 2025-07-31T07:33:12Z
Period:
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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 |
| 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 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