RELI Q1 2023 Earnings — Reliance Global Group, Inc. Revenue & Financial Results | Market Cap Arena

RELIReliance Global Group, Inc.

$992416

Q1 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$4M-7.0% YoY

Gross Profit

$1M27.9% margin

Operating Income

-$1M-25.5% margin

Net Income

-$2M-45.4% margin

EPS (Diluted)

$1.34

QoQ Revenue Growth

-5.3%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$43,797

Balance Sheet

Total Assets

$34M

Total Liabilities

$22M

Stockholders' Equity

$12M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$4M	-7.0%
Gross Profit	$1M	$1M	-12.0%
Operating Income	-$1M	-$2M	+58.1%
Net Income	-$2M	$9M	-119.1%