RELI Q1 2021 Earnings — Reliance Global Group, Inc. Revenue & Financial Results | Market Cap Arena

RELIReliance Global Group, Inc.

$1M

Q1 2021 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$2M+15.9% YoY

Gross Profit

$875,71337.7% margin

Operating Income

-$484,855-20.9% margin

Net Income

-$613,926-26.4% margin

EPS (Diluted)

$-1.28

QoQ Revenue Growth

+19.0%

Cash Flow

Operating Cash Flow

-$646,602

Free Cash Flow

-$646,602

Stock-Based Comp.

$352,299

Balance Sheet

Total Assets

$27M

Total Liabilities

$13M

Stockholders' Equity

$14M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	+15.9%
Gross Profit	$875,713	$710,455	+23.3%
Operating Income	-$484,855	-$807,518	+40.0%
Net Income	-$613,926	-$979,798	+37.3%