RELI Q2 2024 Earnings — Reliance Global Group, Inc. Revenue & Financial Results | Market Cap Arena

RELIReliance Global Group, Inc.

$992416

Q2 2024 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$3M+1.2% YoY

Gross Profit

$391,82612.1% margin

Operating Income

-$1M-35.5% margin

Net Income

-$1M-46.1% margin

EPS (Diluted)

$-1.27

QoQ Revenue Growth

-20.8%

Cash Flow

Operating Cash Flow

-$685,212

Free Cash Flow

-$692,299

Stock-Based Comp.

$245,765

Balance Sheet

Total Assets

$18M

Total Liabilities

$15M

Stockholders' Equity

$3M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$3M	+1.2%
Gross Profit	$391,826	$595,567	-34.2%
Operating Income	-$1M	-$2M	+37.6%
Net Income	-$1M	-$1M	-41.1%