RELI Q1 2020 Earnings — Reliance Global Group, Inc. Revenue & Financial Results | Market Cap Arena

RELIReliance Global Group, Inc.

$1M

Q1 2020 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$2M+447.5% YoY

Gross Profit

$710,45535.4% margin

Operating Income

-$807,518-40.3% margin

Net Income

-$979,798-48.9% margin

EPS (Diluted)

$-5.04

QoQ Revenue Growth

+15.2%

Cash Flow

Operating Cash Flow

-$223,696

Free Cash Flow

-$223,696

Stock-Based Comp.

$394,719

Balance Sheet

Total Assets

$18M

Total Liabilities

$17M

Stockholders' Equity

$1M

Cash & Equivalents

$232,629

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$366,064	+447.5%
Gross Profit	$710,455	$16,610	+4177.3%
Operating Income	-$807,518	-$641,185	-25.9%
Net Income	-$979,798	-$676,753	-44.8%