Reliance Global Group, Inc. financial data

Symbol
RELI, RELIW on Nasdaq
Industry
Insurance Agents, Brokers & Service
Location
300 Boulevard Of The Americas,, Suite 105, Lakewood, NJ
State of incorporation
FL
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 115 % +28.3%
Debt-to-equity 415 % +119%
Return On Equity -451 % -141%
Return On Assets -87.5 % -35.2%
Operating Margin -116 % -183%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.71M shares -30.8%
Common Stock, Shares, Outstanding 1.45M shares -37%
Entity Public Float 7.8M USD -62.9%
Common Stock, Value, Issued 125K USD -37%
Weighted Average Number of Shares Outstanding, Basic 1.25M shares +605%
Weighted Average Number of Shares Outstanding, Diluted 1.25M shares +605%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 14.1M USD +4.71%
Revenue from Contract with Customer, Excluding Assessed Tax 14.1M USD +14.8%
General and Administrative Expense 4.25M USD +45.9%
Operating Income (Loss) -16.3M USD -196%
Nonoperating Income (Expense) -271K USD +47.8%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -16.7M USD +25.7%
Earnings Per Share, Basic -0.87 USD/shares +96.7%
Earnings Per Share, Diluted 0.75 USD/shares +14.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 979K USD -8.71%
Assets, Current 3.83M USD -18.4%
Property, Plant and Equipment, Net 136K USD -6.5%
Operating Lease, Right-of-Use Asset 976K USD +11.1%
Intangible Assets, Net (Excluding Goodwill) 5.76M USD -50.7%
Goodwill 6.69M USD -53.2%
Other Assets, Noncurrent 21.8K USD -6.4%
Assets 17.4M USD -45.1%
Accounts Payable, Current 635K USD -15%
Accrued Liabilities, Current 40.5K USD -63%
Liabilities, Current 3.4M USD -12.8%
Operating Lease, Liability, Noncurrent 764K USD +36.2%
Other Liabilities, Noncurrent 959K USD
Liabilities 14.6M USD -18.2%
Retained Earnings (Accumulated Deficit) -46.7M USD -55.7%
Stockholders' Equity Attributable to Parent 2.82M USD -79.7%
Liabilities and Equity 17.4M USD -45.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -204K USD +80.8%
Net Cash Provided by (Used in) Financing Activities -392K USD -114%
Net Cash Provided by (Used in) Investing Activities -29.4K USD +69.4%
Common Stock, Shares Authorized 118M shares -11.8%
Common Stock, Shares, Issued 1.45M shares -37%
Common Stock, Par or Stated Value Per Share 0.09 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -626K USD -138%
Interest Paid, Excluding Capitalized Interest, Operating Activities 382K USD +263%
Deferred Tax Assets, Valuation Allowance 12.1M USD +102%
Deferred Tax Assets, Gross 12.1M USD +102%
Operating Lease, Liability 1.02M USD
Depreciation 24.9K USD +186%
Payments to Acquire Property, Plant, and Equipment 12.3K USD +83.9%
Lessee, Operating Lease, Liability, to be Paid 1.25M USD
Property, Plant and Equipment, Gross 278K USD +8.83%
Operating Lease, Liability, Current 251K USD -27.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 228K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 250K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +32.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 237K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 181K USD
Deferred Tax Assets, Operating Loss Carryforwards 10.4M USD +111%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 750M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 111K USD
Additional Paid in Capital 49.4M USD +13.1%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 1.9M USD +46.1%
Depreciation, Depletion and Amortization 534K USD -1.43%
Share-based Payment Arrangement, Expense 12.8K USD -54%
Interest Expense -371K USD -90.3%
Preferred Stock, Par or Stated Value Per Share 0.09 USD/shares 0%