RELI Q1 2024 Earnings — Reliance Global Group, Inc. Revenue & Financial Results | Market Cap Arena

RELIReliance Global Group, Inc.

$992416

Q1 2024 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$4M+3.6% YoY

Gross Profit

$974,23423.9% margin

Operating Income

-$5M-123.3% margin

Net Income

-$5M-131.0% margin

EPS (Diluted)

$-4.55

QoQ Revenue Growth

+22.9%

Cash Flow

Operating Cash Flow

-$204,382

Free Cash Flow

-$233,826

Stock-Based Comp.

$18,566

Balance Sheet

Total Assets

$18M

Total Liabilities

$16M

Stockholders' Equity

$2M

Cash & Equivalents

$680,138

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$4M	+3.6%
Gross Profit	$974,234	$1M	-11.4%
Operating Income	-$5M	-$1M	-400.7%
Net Income	-$5M	-$2M	-198.9%