RELI Chart
About

Reliance Global Group, Inc. focuses on the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in healthcare and medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Insurance Brokers Market Cap 4.09M
Enterprise Value 7.19M Income -7.00M Sales 13.12M
Book/sh 0.72 Cash/sh 0.26 Dividend Yield —
Payout 0.00% Employees 64 IPO Feb 10, 2015
P/E 3.77 Forward P/E 0.85 PEG —
P/S 0.31 P/B 0.58 P/C —
EV/EBITDA -0.98 EV/Sales 0.55 Quick Ratio 0.99
Current Ratio 1.47 Debt/Eq 104.67 LT Debt/Eq —
EPS (ttm) 0.11 EPS next Y 0.49 EPS Growth —
Revenue Growth -27.50% Earnings 2023-05-18 17:00 ROA -32.87%
ROE -146.43% ROIC — Gross Margin -14.49%
Oper. Margin -156.80% Profit Margin -53.39% Shs Outstand 9.87M
Shs Float 7.94M Short Float 4.43% Short Ratio 1.44
Short Interest — 52W High 3.55 52W Low 0.15
Beta 0.07 Avg Volume 1.61M Volume 2.25M
Target Price — Recom None Prev Close $0.54
Price $0.41 Change -23.76%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.41
Latest analyst target
3. DCF / Fair value
$3.81
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.41
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2023-08-10 reit EF Hutton Buy → Buy $7
2023-06-28 reit EF Hutton Buy → Buy $7
2023-05-19 main EF Hutton Buy → Buy $7
2023-03-31 reit EF Hutton — → Buy $4
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 66486 — — Stock Award(Grant) at price 0.00 per share. KORMAN SCOTT Director — 2025-07-18 00:00:00 D
1 717775 — — Stock Award(Grant) at price 0.00 per share. BEYMAN EZRA Chief Executive Officer — 2025-07-18 00:00:00 D
2 66486 — — Stock Award(Grant) at price 0.00 per share. BLUMENFRUCHT ALEX Director — 2025-07-18 00:00:00 D
3 66486 — — Stock Award(Grant) at price 0.00 per share. BRICKMAN SHELDON Director — 2025-07-18 00:00:00 D
4 186567 — — Stock Award(Grant) at price 0.00 per share. BEYMAN YAAKOV Officer — 2025-07-18 00:00:00 D
5 213704 — — Stock Award(Grant) at price 0.00 per share. MARKOVITS JOEL Chief Financial Officer — 2025-07-18 00:00:00 D
6 66486 — — Stock Award(Grant) at price 0.00 per share. FRUCHTZWEIG BEN Director — 2025-07-18 00:00:00 D
7 36249 105245.0 — Sale at price 2.90 per share. BLUMENFRUCHT ALEX Director — 2025-06-18 00:00:00 D
8 15236 43039.0 — Sale at price 2.82 per share. BRICKMAN SHELDON Director — 2025-06-18 00:00:00 D
9 20000 61149.0 — Sale at price 3.00 - 3.11 per share. BEYMAN YAAKOV Officer — 2025-06-18 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-1.89M-1.95M-4.02M16.35M
TotalUnusualItems-3.81M-3.81M29.06M-17.65M
TotalUnusualItemsExcludingGoodwill-3.81M-3.81M29.06M-17.65M
NetIncomeFromContinuingOperationNetMinorityInterest-9.07M-10.03M21.56M-21.10M
ReconciledDepreciation1.79M2.61M2.56M1.61M
ReconciledCostOfRevenue11.42M11.24M10.65M7.10M
EBITDA-5.70M-5.76M25.04M-1.31M
EBIT-7.49M-8.37M22.48M-2.91M
NetInterestIncome-1.58M-1.66M-918.03K
InterestExpense1.58M1.66M918.03K
NormalizedIncome-5.26M-6.22M-7.50M-3.45M
NetIncomeFromContinuingAndDiscontinuedOperation-9.07M-12.01M6.47M-21.10M
TotalExpenses17.78M18.30M18.34M12.62M
TotalOperatingIncomeAsReported-7.70M-13.88M-6.58M-2.91M
DilutedAverageShares1.01M165.90K64.41K39.60K
BasicAverageShares1.01M165.90K64.40K39.60K
DilutedEPS-9.01-87.70-7.14-532.78
BasicEPS-9.01-87.70-7.14-532.78
DilutedNIAvailtoComStockholders-9.07M-12.01M6.47M-21.10M
NetIncomeCommonStockholders-9.07M-12.01M6.47M-21.10M
NetIncome-9.07M-12.01M6.47M-21.10M
NetIncomeIncludingNoncontrollingInterests-9.07M-12.01M6.47M-21.10M
NetIncomeDiscontinuousOperations0.00-1.98M-15.10M
NetIncomeContinuousOperations-9.07M-10.03M21.56M-21.10M
PretaxIncome-9.07M-10.03M21.56M-21.10M
OtherIncomeExpense-3.76M-3.80M29.06M-18.19M
OtherNonOperatingIncomeExpenses51.34K6.53K-4.34K-533.34K
SpecialIncomeCharges-3.97M-9.31M-524.000.00
WriteOff3.92M0.00
ImpairmentOfCapitalAssets0.007.59M0.000.00
RestructuringAndMergernAcquisition47.76K1.72M524.00
GainOnSaleOfSecurity156.00K5.50M29.06M-17.65M
NetNonOperatingInterestIncomeExpense-1.58M-1.66M-918.03K
InterestExpenseNonOperating1.58M1.66M918.03K
OperatingIncome-3.73M-4.57M-6.58M-2.91M
OperatingExpense6.36M7.06M7.69M5.52M
DepreciationAmortizationDepletionIncomeStatement1.79M2.61M2.56M1.61M
DepreciationAndAmortizationInIncomeStatement1.79M2.61M2.56M1.61M
SellingGeneralAndAdministration4.58M4.45M5.13M3.92M
SellingAndMarketingExpense357.70K364.97K170.31K325.84K
GeneralAndAdministrativeExpense4.22M4.09M4.96M3.59M
OtherGandA4.22M4.09M4.96M3.59M
GrossProfit2.64M2.50M1.11M2.61M
CostOfRevenue11.42M11.24M10.65M7.10M
TotalRevenue14.05M13.73M11.76M9.71M
OperatingRevenue14.05M13.73M11.76M9.71M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber2.25M280.12K4.78K42.97K
ShareIssued2.25M280.12K4.78K42.97K
NetDebt11.57M12.44M16.01M4.22M
TotalDebt13.03M14.54M17.57M9.43M
TangibleBookValue-9.12M-10.59M-18.82M-43.20M
InvestedCapital14.94M20.92M25.42M-17.71M
WorkingCapital415.69K1.19M-4.58M-37.00M
NetTangibleAssets-9.12M-10.59M-18.82M-43.20M
CapitalLeaseObligations1.09M769.51K1.05M1.08M
CommonStockEquity3.00M7.15M8.91M-26.07M
TotalCapitalization12.89M19.07M22.88M-18.63M
TotalEquityGrossMinorityInterest3.00M7.15M8.91M-26.07M
StockholdersEquity3.00M7.15M8.91M-26.07M
OtherEquityInterest-20.00M
RetainedEarnings-48.07M-39.00M-26.99M-33.46M
AdditionalPaidInCapital50.88M46.13M35.80M27.33M
CapitalStock193.48K24.09K104.88K62.81K
CommonStock193.48K24.09K104.88K62.81K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest14.32M15.87M29.52M53.74M
TotalNonCurrentLiabilitiesNetMinorityInterest10.74M12.68M21.68M8.76M
OtherNonCurrentLiabilities556.00K516.02K
DerivativeProductLiabilities326.00268.99K6.43M0.00
LongTermDebtAndCapitalLeaseObligation10.74M12.41M14.69M8.24M
LongTermCapitalLeaseObligation847.29K484.33K714.07K805.33K
LongTermDebt9.90M11.92M13.97M7.44M
CurrentLiabilities3.57M3.19M7.84M44.98M
OtherCurrentLiabilities58.83K216.06K3.91M40.95M
CurrentDebtAndCapitalLeaseObligation2.29M2.13M2.88M1.19M
CurrentCapitalLeaseObligation244.06K285.17K339.94K276.01K
CurrentDebt2.05M1.85M2.54M913.92K
OtherCurrentBorrowings2.05M1.85M2.54M913.92K
CurrentProvisions915.93K
PayablesAndAccruedExpenses1.23M842.90K1.05M2.84M
CurrentAccruedExpenses129.90K145.73K145.79K2.18M
Payables1.10M697.17K906.70K664.72K
OtherPayable158.93K61.83K159.23K117.60K
AccountsPayable936.95K635.34K747.47K547.12K
TotalAssets17.32M23.02M38.43M27.68M
TotalNonCurrentAssets13.33M18.64M35.16M19.69M
OtherNonCurrentAssets21.79K20.29K5.35M16.79K
InvestmentsAndAdvances0.00900.00K1.35M
InvestmentinFinancialAssets0.00900.00K1.35M
GoodwillAndOtherIntangibleAssets12.12M17.74M27.73M17.13M
OtherIntangibleAssets5.42M11.04M13.44M7.08M
Goodwill6.69M6.69M14.29M10.05M
NetPPE1.19M879.83K1.18M1.20M
AccumulatedDepreciation-168.73K-138.38K-93.03K-67.73K
GrossPPE1.36M1.02M1.27M1.27M
Leases131.10K120.38K122.83K89.82K
OtherProperties1.05M739.83K1.02M1.07M
MachineryFurnitureEquipment171.54K158.00K132.97K108.27K
Properties0.000.000.000.00
CurrentAssets3.99M4.38M3.27M7.98M
OtherCurrentAssets681.45K333.76K245.53K2.33M
AssetsHeldForSaleCurrent0.0086.00K
RestrictedCash1.42M1.41M1.40M484.54K
PrepaidAssets2.33M
Receivables1.51M1.31M1.02M1.03M
OtherReceivables42.18K899.0011.46K
DuefromRelatedPartiesCurrent21.89K7.13K
NotesReceivable0.00
AccountsReceivable1.47M1.31M1.01M1.03M
CashCashEquivalentsAndShortTermInvestments372.69K1.33M505.41K4.14M
CashAndCashEquivalents372.69K1.33M505.41K4.14M
CashFinancial372.69K1.33M505.41K4.14M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-2.60M-1.04M-3.99M-2.94M
RepaymentOfDebt-2.26M-3.31M-1.37M-1.40M
IssuanceOfDebt199.95K241.97K8.02M2.93K
IssuanceOfCapitalStock3.71M3.45M17.87M10.50M
CapitalExpenditure-83.23K-189.81K-802.38K-690.77K
InterestPaidSupplementalData1.58M1.61M863.94K456.48K
EndCashPosition1.80M2.74M1.91M4.62M
BeginningCashPosition2.74M1.91M4.62M529.58K
ChangesInCash-941.22K829.14K-2.71M4.09M
FinancingCashFlow1.66M966.92K25.12M8.64M
CashFromDiscontinuedFinancingActivities0.00-17.70K47.20K
CashFlowFromContinuingFinancingActivities1.66M984.62K25.07M8.64M
NetOtherFinancingCharges-419.23K-1.92M-452.24K
ProceedsFromStockOptionExercised0.001.03M2.48M0.00
NetCommonStockIssuance3.71M3.45M17.87M10.50M
CommonStockIssuance3.71M3.45M17.87M10.50M
NetIssuancePaymentsOfDebt-2.06M-3.07M6.65M-1.40M
NetShortTermDebtIssuance2.63K-80.12K-310.38K
ShortTermDebtPayments-197.32K-322.10K-310.38K
ShortTermDebtIssuance199.95K241.97K0.00
NetLongTermDebtIssuance-2.06M-2.99M6.96M-1.40M
LongTermDebtPayments-2.06M-2.99M-1.06M-1.40M
LongTermDebtIssuance0.008.02M2.93K
InvestingCashFlow-83.23K710.19K-24.64M-2.30M
CashFromDiscontinuedInvestingActivities0.00-18.29M
CashFlowFromContinuingInvestingActivities-83.23K710.19K-6.35M-2.30M
NetInvestmentPurchaseAndSale0.00900.00K450.00K
SaleOfInvestment0.00900.00K450.00K
NetBusinessPurchaseAndSale0.00-6.00M-1.61M
PurchaseOfBusiness0.00-6.00M-1.61M
NetIntangiblesPurchaseAndSale-58.97K-166.95K-740.92K-619.67K
PurchaseOfIntangibles-58.97K-166.95K-740.92K-619.67K
NetPPEPurchaseAndSale-24.26K-22.86K-61.45K-71.11K
PurchaseOfPPE-24.26K-22.86K-61.45K-71.11K
OperatingCashFlow-2.52M-847.97K-3.19M-2.25M
CashFromDiscontinuedOperatingActivities0.003.75M14.48M
CashFlowFromContinuingOperatingActivities-2.52M-4.60M-17.67M-2.25M
ChangeInWorkingCapital49.70K-316.67K1.05M-834.74K
ChangeInOtherWorkingCapital-568.54K
ChangeInOtherCurrentAssets-1.50K2.99K-6.49K-14.99K
ChangeInPayablesAndAccruedExpense382.89K-141.97K-1.54M-512.12K
ChangeInPayable382.89K-141.97K-1.54M-512.12K
ChangeInAccountPayable351.49K-48.27K-1.81M-531.12K
ChangeInPrepaidAssets-127.74K104.59K2.50M-144.04K
ChangeInReceivables-203.94K-282.29K100.47K-163.59K
ChangesInAccountReceivables-162.66K-292.85K111.94K-169.37K
OtherNonCashItems420.95K2.16M63.85K-329.32K
StockBasedCompensation533.63K875.11K1.25M749.13K
AssetImpairmentCharge3.92M7.59M0.00
DepreciationAmortizationDepletion1.79M2.61M2.56M1.61M
DepreciationAndAmortization1.79M2.61M2.56M1.61M
AmortizationCashFlow1.76M2.56M2.53M
AmortizationOfIntangibles1.76M2.56M2.53M
Depreciation30.35K45.63K37.64K
OperatingGainsLosses-156.00K-5.50M-29.06M17.65M
GainLossOnInvestmentSecurities-156.00K-5.50M-29.06M17.65M
NetIncomeFromContinuingOperations-9.07M-12.01M6.47M-21.10M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for RELI
Date User Asset Broker Type Position Size Entry Price Patterns