RELI Q1 2022 Earnings — Reliance Global Group, Inc. Revenue & Financial Results | Market Cap Arena

RELIReliance Global Group, Inc.

$992416

Q1 2022 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$4M+82.3% YoY

Gross Profit

$1M29.5% margin

Operating Income

-$2M-56.6% margin

Net Income

$9M220.5% margin

EPS (Diluted)

$13.40

QoQ Revenue Growth

+62.0%

Cash Flow

Operating Cash Flow

-$343,280

Free Cash Flow

-$596,623

Stock-Based Comp.

$739,960

Balance Sheet

Total Assets

$51M

Total Liabilities

$40M

Stockholders' Equity

$11M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$2M	+82.3%
Gross Profit	$1M	$875,713	+42.7%
Operating Income	-$2M	-$484,855	-394.6%
Net Income	$9M	-$613,926	+1621.4%