RELI Q2 2020 Earnings — Reliance Global Group, Inc. Revenue & Financial Results | Market Cap Arena

RELIReliance Global Group, Inc.

$1M

Q2 2020 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$2M+61.5% YoY

Gross Profit

$419,89725.6% margin

Operating Income

-$1M-62.5% margin

Net Income

-$1M-69.3% margin

EPS (Diluted)

$-4.10

QoQ Revenue Growth

-18.1%

Cash Flow

Operating Cash Flow

-$23,116

Free Cash Flow

-$23,116

Stock-Based Comp.

$448,853

Balance Sheet

Total Assets

$18M

Total Liabilities

$17M

Stockholders' Equity

$367,685

Cash & Equivalents

$270,304

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$1M	+61.5%
Gross Profit	$419,897	$263,399	+59.4%
Operating Income	-$1M	-$359,324	-185.4%
Net Income	-$1M	-$426,208	-167.1%