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RELI

Reliance Global Group, Inc.

RELI

Reliance Global Group, Inc. • NASDAQ
$0.66 ▼ -0.05% (-0.00)
Market Cap $2.85 M
52w High $5.11
52w Low $0.61
Dividend Yield 0.03%
P/E 5.96
Volume 313.19K
Outstanding Shares 4.35M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.496M ▼ $6.41M ▲ $-1.157M ▲ -46.338% ▲ $-0.2 ▲ $-1.09M ▲
Q2-2025 $3.087M ▼ $1.906M ▼ $-2.711M ▼ -87.826% ▼ $-0.85 ▲ $-2.046M ▼
Q1-2025 $4.236M ▲ $1.944M ▲ $-1.737M ▼ -41.001% ▲ $-66.48 ▼ $-1.051M ▼
Q4-2024 $3.297M ▼ $1.445M ▲ $-1.398M ▼ -42.407% ▼ $-1.39 ▼ $-659.135K ▼
Q3-2024 $3.441M $1.343M $-837.314K -24.33% $-0.67 $-24.433K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $2.581M ▲ $15.655M ▼ $8.911M ▼ $6.744M ▲
Q2-2025 $1.957M ▲ $18.01M ▲ $14.928M ▲ $3.082M ▲
Q1-2025 $388.379K ▲ $16.823M ▼ $14.207M ▼ $2.617M ▼
Q4-2024 $372.695K ▼ $17.315M ▼ $14.318M ▼ $2.997M ▲
Q3-2024 $925.27K $17.42M $14.599M $2.821M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-1.157M ▼ $-814.446K ▲ $4.317M ▲ $-3.374M ▼ $128.206K ▼ $-812.847K ▲
Q2-2025 $1.737M ▲ $-852.511K ▼ $-12.193K ▲ $2.428M ▲ $1.564M ▲ $-847.204K ▼
Q1-2025 $-1.737M ▼ $197.83K ▲ $-14.944K ▲ $-169.073K ▼ $13.813K ▲ $182.886K ▲
Q4-2024 $-1.398M ▼ $-867.243K ▼ $-24.441K ▼ $335.686K ▲ $-555.998K ▼ $-891.684K ▼
Q3-2024 $-837.316K $-758.287K $-22.256K $318.624K $-461.919K $-780.543K

Revenue by Products

Product Q2-2025
Insurance Segment
Insurance Segment
 $0 ▲

Five-Year Company Overview

Income Statement

Income Statement Reliance Global Group is still very small in terms of revenue, and sales have not shown strong or consistent growth over the past few years. The company has generally been operating at a loss, with occasional one‑off improvements that do not yet look like a stable profit pattern. Margins appear thin, and the core insurance and InsurTech operations have not yet scaled to a size where they clearly cover overhead and growth spending. Overall, this looks like an early‑stage, still‑developing business model rather than a mature, steadily profitable insurance broker.

Balance Sheet

Balance Sheet The balance sheet is light, with a small base of assets and very limited reported cash, paired with a noticeable amount of debt for a company this size. Shareholders’ equity has hovered close to zero and was even negative at one point, which signals financial fragility and a limited cushion to absorb setbacks. This profile suggests Reliance is dependent on outside financing and careful cash management, and it does not yet have the robust capital position you’d expect from a large, established financial services firm.

Cash Flow

Cash Flow Reported cash flow from operations and free cash flow are essentially flat at very low levels, which indicates the business is not yet a strong cash generator. That typically means Reliance is relying more on financing activities, asset sales, or external capital rather than internally generated cash to fund growth and cover losses. For a company pursuing technology development, acquisitions, and a digital asset strategy, the lack of clear, recurring operating cash flow is an important risk to keep in mind.

Competitive Edge

Competitive Edge Competitively, Reliance is trying to carve out a niche as a technology‑driven insurance broker, using AI and digital tools to support both agents and consumers. Its platforms aim to make independent agents more productive and give customers a faster, more convenient way to compare policies. However, it is a much smaller player in a crowded market that includes large traditional brokers and well‑funded InsurTech rivals. The acquisition strategy and the planned integration of new businesses could strengthen its footprint, but the company’s modest scale and evolving digital‑asset focus add uncertainty to how durable its edge will be versus larger, more established competitors.

Innovation and R&D

Innovation and R&D Innovation is clearly a core focus. Reliance has built AI‑enabled platforms for both agents (RELI Exchange) and consumers (5MinuteInsure.com), is piloting automated quote‑and‑bind tools for commercial policies, and is exploring advanced concepts like tokenizing insurance‑linked assets. It is also experimenting with a crypto‑based treasury, concentrating holdings in a privacy‑focused digital asset. These moves show ambition and could be differentiators if widely adopted, but they also add execution risk, regulatory uncertainty, and exposure to cryptocurrency volatility, especially given the company’s limited financial resources.

Summary

Reliance Global Group looks like an early‑stage, niche InsurTech and insurance broker that is still trying to prove out its business model and scale. Financially, it is small, has a history of losses, a thin equity base, and limited evidence of strong, recurring cash generation. Multiple reverse stock splits highlight past share price pressure and the challenges of building value at this stage. On the opportunity side, the company is leaning heavily on AI‑driven platforms, a network‑based model for agents, targeted acquisitions, and a bold pivot into digital assets and potential tokenization of insurance‑linked products. The main things to watch are whether revenue can grow meaningfully from these initiatives, whether operations can move toward consistent profitability and cash generation, and how well management balances innovation with the financial and regulatory risks inherent in both InsurTech and crypto‑related strategies.

NEWS

November 26, 2025 · 9:30 AM UTC

Reliance Global Group Increases Zcash (ZEC) Position Through Additional Cash Deployment

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November 25, 2025 · 8:30 AM UTC

Reliance Global Group (RELI) Consolidates Digital Asset Treasury Into Zcash (ZEC)

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November 19, 2025 · 8:30 AM UTC

Reliance Global Group (RELI) Appoints DAT Pioneer Blake Janover as Chairman of its Crypto Advisory Board

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November 6, 2025 · 4:05 PM UTC

Reliance Global Group Reports Third Quarter 2025 Financial Results and Provides Business Update; Strengthens Core Platform and Financial Position

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October 27, 2025 · 9:15 AM UTC

Reliance Global Group (RELI) Adds Solana (SOL) to Digital Asset Treasury, Expanding High-Performance Blockchain Holdings

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