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Reliance Global Group
(NASDAQ:RELI)
Reliance Global Group (RELI) vs. SPDR S&P 500 ETF (SPY)
Reliance Global Group Business Overview & Revenue Model
Reliance Global Group Earnings Call Summary
Reliance Global Group Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.06M | 14.05M | 13.73M | 16.76M | 9.71M | 7.28M |
| Gross Profit | 3.56M | 2.64M | 2.50M | 4.78M | 2.61M | 2.06M |
| EBITDA | -3.76M | -5.70M | -5.76M | -3.94M | -1.31M | -2.30M |
| Net Income | -6.68M | -9.07M | -12.01M | 34.63M | -38.75M | -3.19M |
Balance Sheet | ||||||
| Total Assets | 18.01M | 17.32M | 23.02M | 38.43M | 27.68M | 17.92M |
| Cash, Cash Equivalents and Short-Term Investments | 1.96M | 372.69K | 1.33M | 505.41K | 4.14M | 45.21K |
| Total Debt | 4.23M | 13.03M | 14.54M | 16.37M | 9.43M | 13.97M |
| Total Liabilities | 14.93M | 14.32M | 15.87M | 29.52M | 53.74M | 17.81M |
| Stockholders Equity | 3.08M | 3.00M | 7.15M | 8.91M | -26.07M | 114.39K |
Cash Flow | ||||||
| Free Cash Flow | -2.34M | -2.60M | -1.04M | -3.99M | -2.94M | -468.46K |
| Operating Cash Flow | -2.28M | -2.52M | -847.97K | -3.19M | -2.25M | -468.46K |
| Investing Cash Flow | -73.83K | -83.23K | 710.19K | -24.64M | -2.30M | -1.95M |
| Financing Cash Flow | 2.91M | 1.66M | 966.92K | 25.12M | 8.64M | 2.45M |
Reliance Global Group Technical Analysis
Reliance Global Group Risk Analysis
Reliance Global Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
| ― | $35.24M | 14.01 | 4.56% | ― | 19.30% | -17.56% | |
| ― | $158.59M | ― | 4.45% | ― | 16.19% | 89.75% | |
| ― | $30.75M | 10.48 | ― | ― | 80.80% | ― | |
| ― | $4.31M | ― | -223.86% | ― | 1.07% | 96.67% | |
| ― | $27.78M | ― | -11.18% | ― | 624.24% | 85.46% | |
| ― | $63.31M | ― | -13.38% | ― | 17.46% | 60.17% |
Reliance Global Group Corporate Events
On September 26, 2025, Reliance Global Group‘s Board of Directors approved a special cash dividend of $0.03 per share, payable on December 2, 2025, to stockholders of record as of October 30, 2025. This move is part of the company’s strategy to reward shareholders and reflects confidence in its financial health and business model. Additionally, the company announced its first purchase of Bitcoin and XRP as part of its Digital Asset Treasury initiative, further diversifying its digital asset portfolio to enhance long-term treasury management and shareholder value.
The most recent analyst rating on (RELI) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.
On September 16, 2025, Reliance Global Group entered into an Interim Crypto Purchase Agreement with Moshe Fishman to facilitate cryptocurrency purchases on behalf of the company, as it establishes its institutional cryptocurrency account. This move is part of Reliance’s broader strategy to build a diversified digital asset portfolio, beginning with its initial purchase of Ethereum under its Digital Asset Treasury initiative. The initiative aims to achieve long-term capital appreciation and is supported by the formation of a Crypto Advisory Board to guide management in digital asset initiatives. This strategic expansion into digital assets underscores Reliance’s commitment to innovation in both insurance and decentralized finance.
The most recent analyst rating on (RELI) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.
On September 15, 2025, Reliance Global Group announced the adoption of a digital asset treasury strategy, allowing the company to invest in cryptocurrencies like Bitcoin, Ethereum, and Solana. This move includes exploring blockchain-enabled, tokenized insurance-linked assets to improve the insurance-linked market. The strategy introduces risks such as volatility in digital asset prices, which could impact the company’s financial results and stock price. The formation of a Crypto Advisory Board aims to guide the strategy’s implementation, but the company acknowledges potential challenges, including regulatory, technological, and market risks.
The most recent analyst rating on (RELI) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.
On September 12, 2025, Reliance Global Group‘s Compensation Committee approved changes to the vesting schedules for certain restricted stock awards under its 2024 and 2025 incentive plans. This decision aims to enhance employee retention, align management with shareholder interests, and acknowledge past contributions by fully vesting awards for key executives and employees, including CEO Ezra Beyman, CFO Joel Markovits, and EVP Yaakov Beyman.
The most recent analyst rating on (RELI) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.
On August 26, 2025, Reliance Global Group, Inc. entered into a Common Stock Purchase Agreement with White Lion Capital, LLC, allowing the company to sell up to $10 million of newly issued common stock to White Lion. The agreement includes conditions such as an Exchange Cap and Beneficial Ownership Limitation to regulate the stock issuance. Additionally, a Registration Rights Agreement was established to facilitate the resale of shares by White Lion, with the company committing to file a registration statement within ten business days. This strategic move is expected to provide Reliance Global Group with financial flexibility and potentially enhance its market position.
The most recent analyst rating on (RELI) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.
On August 19, 2025, Reliance Global Group, Inc. released an updated investor presentation to be used in meetings with investors and analysts. This presentation, which is not filed under the Securities Exchange Act, contains forward-looking statements about the company’s strategy and future operations, highlighting potential risks and uncertainties that could impact actual results.
The most recent analyst rating on (RELI) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.
On August 13, 2025, Reliance Global Group, Inc. entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC, allowing the company to sell up to $2,026,453 of its common stock through the agent. This agreement, underpinned by an effective registration statement and prospectus supplement, involves sales through Nasdaq or other markets and grants Wainwright a right of first refusal for future financial advisory roles, impacting the company’s strategic financial operations.
Reliance Global Group, Inc. is an InsurTech company that leverages artificial intelligence and cloud-based technologies to enhance efficiencies in the insurance agency and brokerage industry. In its latest earnings report for the second quarter of 2025, Reliance Global Group highlighted significant strategic moves, including a 50% reduction in debt and a refocus on tech-enabled growth areas. Despite a slight decline in overall revenue due to a shift in its medical/health client base, the company reported an 8% increase in property and casualty revenue, demonstrating stability in its core business.