RELI Q3 2022 Earnings — Reliance Global Group, Inc. Revenue & Financial Results | Market Cap Arena

RELIReliance Global Group, Inc.

$1M

Q3 2022 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$3M+9.3% YoY

Gross Profit

$496,80117.6% margin

Operating Income

-$1M-47.3% margin

Net Income

$6M217.0% margin

EPS (Diluted)

$11.85

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

-$866,587

Free Cash Flow

-$1M

Stock-Based Comp.

$314,257

Balance Sheet

Total Assets

$55M

Total Liabilities

$27M

Stockholders' Equity

$28M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$3M	+9.3%
Gross Profit	$496,801	$732,661	-32.2%
Operating Income	-$1M	-$475,208	-180.9%
Net Income	$6M	-$595,233	+1128.5%