RELI Q2 2022 Earnings — Reliance Global Group, Inc. Revenue & Financial Results | Market Cap Arena

RELIReliance Global Group, Inc.

$1M

Q2 2022 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$3M+30.0% YoY

Gross Profit

$546,80519.2% margin

Operating Income

-$2M-62.3% margin

Net Income

$10M368.6% margin

EPS (Diluted)

$16.39

QoQ Revenue Growth

-32.8%

Cash Flow

Operating Cash Flow

-$968,131

Free Cash Flow

-$1M

Stock-Based Comp.

$179,083

Balance Sheet

Total Assets

$57M

Total Liabilities

$35M

Stockholders' Equity

$22M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$2M	+30.0%
Gross Profit	$546,805	$521,947	+4.8%
Operating Income	-$2M	-$1M	-60.5%
Net Income	$10M	-$1M	+922.0%