Financial Snapshot

Revenue
$14.08M
TTM
Gross Margin
71.01%
TTM
Net Earnings
-$19.24M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
112.66%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.821M
Q3 2024
Cash
Q3 2024
P/E
-0.1424
Nov 29, 2024 EST
Free Cash Flow
-$2.527M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $13.73M $16.76M $9.710M $7.280M $4.450M $1.020M $39.07K $18.90K $75.60K $213.1K $25.32K
YoY Change -18.05% 72.56% 33.38% 63.6% 336.27% 2510.7% 106.72% -75.0% -64.53% 741.75%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $13.73M $16.76M $9.710M $7.280M $4.450M $1.020M $39.07K $18.90K $75.60K $213.1K $25.32K
Cost Of Revenue $3.733M $3.385M $2.427M $1.570M $710.0K $440.0K $89.83K $39.24K
Gross Profit $9.999M $13.37M $7.283M $5.710M $3.750M $580.0K $123.3K -$13.92K
Gross Profit Margin 72.82% 79.8% 75.0% 78.43% 84.27% 56.86% 57.85% -54.98%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $11.96M $17.89M $8.588M $8.030M $6.120M $1.310M $128.1K $487.0K $251.9K $195.6K $34.82K
YoY Change -33.18% 108.37% 6.95% 31.21% 367.18% 922.24% -73.69% 93.36% 28.77% 461.72%
% of Gross Profit 119.59% 133.83% 117.92% 140.63% 163.2% 225.86% 158.63%
Research & Development $49.00K
YoY Change
% of Gross Profit
Depreciation & Amortization $2.609M $2.802M $1.607M $1.330M $730.0K $30.00K $324.2K $346.4K $339.2K $271.3K $126.0K
YoY Change -6.88% 74.32% 20.85% 82.19% 2333.33% -90.75% -6.42% 2.13% 25.03% 115.24%
% of Gross Profit 26.09% 20.95% 22.07% 23.29% 19.47% 5.17% 220.02%
Operating Expenses $14.57M $38.45M $10.20M $9.350M $6.840M $1.340M $504.4K $852.5K $705.7K $466.9K $160.9K
YoY Change -62.12% 277.18% 9.04% 36.7% 410.45% 165.67% -40.83% 20.79% 51.16% 190.24%
Operating Profit -$4.568M -$21.70M -$2.912M -$3.640M -$3.090M -$760.0K -$343.6K -$174.8K
YoY Change -78.95% 645.07% -19.99% 17.8% 306.58% 96.58%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense -$1.656M $340.0K -$1.448M $0.00 $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $5.510M $28.17M -$18.19M -$390.0K -$390.0K -$340.0K -$170.3K $0.00 $6.200K
YoY Change -80.44% -254.87% 4563.12% 0.0% 14.71% 99.68% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income -$10.03M $6.466M -$21.10M -$3.700M -$3.500M -$1.100M -$2.578M -$833.6K -$623.9K -$343.6K -$174.8K
YoY Change -255.04% -130.65% 470.23% 5.71% 218.18% -57.34% 209.33% 33.6% 81.6% 96.58%
Income Tax
% Of Pretax Income
Net Earnings -$14.55M $6.466M -$21.10M -$3.700M -$3.500M -$1.100M -$2.578M -$833.6K -$623.9K -$343.6K -$174.8K
YoY Change -325.01% -130.65% 470.23% 5.71% 218.18% -57.34% 209.33% 33.6% 81.6% 96.58%
Net Earnings / Revenue -105.96% 38.59% -217.28% -50.82% -78.65% -107.84% -6599.51% -4410.32% -825.3% -161.21% -690.28%
Basic Earnings Per Share -$5.16 -$0.42 -$31.34
Diluted Earnings Per Share -$5.15 -$0.42 -$2.090M -$885.2K -$1.215M -$521.3K -$7.699M -$2.518M -$1.919M -$1.110M -$606.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $1.329M $505.4K $4.136M $50.00K $10.00K $10.00K $68.93K $2.070K $7.370K $10.60K $49.45K
YoY Change 162.96% -87.78% 8172.36% 400.0% 0.0% -85.49% 3229.95% -71.91% -30.47% -78.56%
Cash & Equivalents $68.93K $2.070K $7.370K $10.60K $49.45K
Short-Term Investments
Other Short-Term Assets $1.744M $1.654M $2.813M $520.0K $510.0K $90.00K $0.00 $9.580K
YoY Change 5.44% -41.22% 441.03% 1.96% 466.67% -100.0%
Inventory
Prepaid Expenses
Receivables $1.305M $1.089M $1.032M $240.0K $110.0K $0.00 $0.00 $77.63K $4.600K
Other Receivables $900.00 $16.85K $0.00 $0.00 $10.00K $20.00K $0.00 $490.00 $1.000K
Total Short-Term Assets $4.379M $3.265M $7.982M $810.0K $650.0K $120.0K $93.43K $2.070K $7.370K $88.72K $64.63K
YoY Change 34.1% -59.09% 885.37% 24.62% 441.67% 28.44% 4413.53% -71.91% -91.69% 37.27%
Property, Plant & Equipment $879.8K $1.369M $1.198M $810.0K $1.160M $60.00K $148.2K $991.7K $1.338M $1.677M $1.749M
YoY Change -35.73% 14.26% 47.91% -30.17% 1833.33% -59.5% -85.06% -25.89% -20.22% -4.08%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $900.0K $1.350M $1.350M
YoY Change -100.0% -33.33% 0.0%
Other Assets $20.29K $23.29K $16.79K $0.00 $0.00 $0.00 $0.00 $157.8K
YoY Change -12.88% 38.71% -100.0%
Total Long-Term Assets $18.64M $35.16M $19.69M $17.11M $16.34M $2.370M $148.2K $991.7K $1.338M $1.677M $1.906M
YoY Change -47.0% 78.54% 15.1% 4.71% 589.45% 1499.73% -85.06% -25.89% -20.22% -12.02%
Total Assets $23.02M $38.43M $27.68M $17.92M $16.99M $2.490M $241.6K $993.8K $1.345M $1.766M $1.971M
YoY Change
Accounts Payable $635.3K $1.221M $547.1K $980.0K $100.0K $10.00K $7.190K $6.630K $1.350K $10.46K $770.00
YoY Change -47.98% 123.23% -44.17% 880.0% 900.0% 39.08% 8.45% 391.11% -87.09% 1258.44%
Accrued Expenses $485.3K $754.7K $2.488M $160.0K $50.00K $80.00K $9.350K
YoY Change -35.69% -69.67% 1455.03% 220.0% -37.5% 755.61%
Deferred Revenue
YoY Change
Short-Term Debt $56.20K $154.0K $0.00 $5.500M $4.340M $1.050M $170.3K $0.00 $0.00 $0.00 $0.00
YoY Change -63.51% -100.0% 26.73% 313.33% 516.67%
Long-Term Debt Due $1.846M $1.119M $913.9K $180.0K $160.0K $0.00
YoY Change 64.98% 22.41% 407.73% 12.5%
Total Short-Term Liabilities $3.190M $7.794M $44.98M $6.880M $4.670M $1.170M $1.820M $6.630K $1.350K $10.46K $770.00
YoY Change -59.07% -82.67% 553.8% 47.32% 299.15% -35.73% 27356.71% 391.11% -87.09% 1258.44%
Long-Term Debt $11.92M $14.02M $7.439M $8.030M $8.420M $1.620M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -14.94% 88.45% -7.36% -4.63% 419.75%
Other Long-Term Liabilities $753.3K $7.703M $1.321M $2.890M $3.260M $0.00
YoY Change -90.22% 482.98% -54.28% -11.35%
Total Long-Term Liabilities $12.68M $21.72M $8.760M $10.92M $11.68M $1.620M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -41.64% 147.96% -19.78% -6.51% 620.99%
Total Liabilities $15.87M $29.52M $53.74M $17.81M $16.35M $2.790M $1.820M $6.630K $1.350K $10.46K $770.00
YoY Change -46.24% -45.08% 201.75% 8.93% 486.02% 53.26% 27356.71% 391.11% -87.09% 1258.44%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 2.820M shares 1.095M shares 673.1K shares
Diluted Shares Outstanding 2.820M shares 1.095M shares 673.1K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.7401 Million

About Reliance Global Group, Inc.

Reliance Global Group Inc is a US-based company operating in Insurance industry. The company is headquartered in Lakewood, New Jersey and currently employs 67 full-time employees. The company went IPO on 2014-11-25. Reliance Global Group, Inc. is a InsurTech company leveraging artificial intelligence (AI), and cloud-based technologies, to transform and enhance efficiencies in the insurance agency/brokerage industry. The firm is engaged in managing assets in the insurance markets, as well as other related sectors. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools. The Company’s business-to-consumer platform, 5minuteinsure.com (5MI), utilizes AI and data mining, to provide online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail brick and mortar insurance agencies throughout the United States, offering a variety of insurance products. 5MI is a business to consumer Website which enables consumers to compare and purchase car and home insurance.

Industry: Insurance Agents, Brokers & Service Peers: eHealth, Inc. GoHealth, Inc. Marpai, Inc. MARSH & MCLENNAN COMPANIES, INC. SelectQuote, Inc.