RELI Q2 2023 Earnings — Reliance Global Group, Inc. Revenue & Financial Results | Market Cap Arena

RELIReliance Global Group, Inc.

$992416

Q2 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$3M+12.2% YoY

Gross Profit

$595,56718.6% margin

Operating Income

-$2M-57.5% margin

Net Income

-$1M-33.0% margin

EPS (Diluted)

$-0.90

QoQ Revenue Growth

-18.9%

Cash Flow

Operating Cash Flow

-$942,223

Free Cash Flow

-$1M

Stock-Based Comp.

$35,367

Balance Sheet

Total Assets

$35M

Total Liabilities

$22M

Stockholders' Equity

$13M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$3M	+12.2%
Gross Profit	$595,567	$546,805	+8.9%
Operating Income	-$2M	-$2M	-3.7%
Net Income	-$1M	$10M	-110.1%