EZRA Nasdaq Insurance Agents, Brokers & Service Financials FY2019βFY2025
Reliance Global Group, Inc. had $12.4M of revenue in fiscal 2025, down 11.6% on the year before. Over five years, revenue changed +11.2% a year on average.
Last close Β· Oct 23, 2026
$2.18
4.6%Hi! I read Reliance Global Group, Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β11.6%
No. Sales fell 11.6% last year.
Does it make a profit?
β56.2%
No. It lost money last year.
Does profit turn into cash?
β25.0%
No. It spent more cash than it brought in.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
0.1x
One share costs 0.1 times its yearly profit per share.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Reliance Global Group, Inc. did it, and the next one. Share prices often move a lot on those days.
Next results
November 5, 2026
Thursday Β· in 10 days
Estimated from the same quarter last year. It will be replaced by the announced date once there is one.
See who else reports that week β| Date | Results for | Time | Source |
|---|---|---|---|
| Jul 30, 2026 | Q2 '26 | Time not announced | 8-K β |
| May 7, 2026 | Q1 '26 | After the market closes | 10-Q β |
| Mar 10, 2026 | Q4 '25 | After the market closes | 10-K β |
| Nov 6, 2025 | Q3 '25 | After the market closes | 10-Q β |
| Jul 30, 2025 | Q2 '25 | After the market closes | 10-Q β |
| May 14, 2025 | Q1 '25 | After the market closes | 8-K β |
| Mar 6, 2025 | Q4 '24 | After the market closes | 8-K β |
| Nov 7, 2024 | Q3 '24 | After the market closes | 8-K β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Reliance Global Group, Inc. had $12.4M of revenue in fiscal 2025, down 11.6% on the year before. Over five years, revenue changed +11.2% a year on average. Its operating margin was β72.5%, down 17.8Β pts: of every 100 in sales, about β73 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Reliance Global Group, Inc. lost $7.0M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$3.1M in fiscal 2025, β25.0% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
KIRA Β· Reliance Global Group, Inc. returned $0.4M to shareholders in fiscal 2025. The diluted share count rose 441.4%.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· Reliance Global Group, Inc. owes $3.8M more than it holds in cash.
Cash, debt and the ratios that show how comfortably Reliance Global Group, Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $4.1M | $0.5M | $1.3M | $0.4M | $1.3M |
| Debt incl. finance leases | $8.0M | $13.6M | $12.5M | $11.1M | $5.2M |
| Debt / equity | β | 1.5x | 1.7x | 3.7x | 0.8x |
| Interest coverage | β | β | β | β | β8.6x |
| Current ratio | 0.2x | 0.4x | 1.4x | 1.1x | 1.8x |
| Quick ratio | 0.2x | 0.4x | 1.4x | 1.1x | 1.8x |
| Total assets | $27.7M | $38.4M | $23.0M | $17.3M | $13.5M |
| Total liabilities | $53.7M | $29.5M | $15.9M | $14.3M | $7.1M |
| Shareholders' equity | β$26.1M | $8.9M | $7.1M | $3.0M | $6.4M |
| Net debt (β = net cash) | $3.9M | $13.1M | $11.1M | $10.7M | $3.8M |
KIRA Β· Its return on capital was β69.3%: every 100 invested in the business earned about β69 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Reliance Global Group, Inc. passes 5 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β |
| F-score | β / 3 | 5 / 8 | 3 / 8 | 3 / 8 | 4 / 8 | 2 / 8 | 5 / 8 |
| Accruals ratio | β18.4% | β18.3% | β82.4% | 29.2% | β36.3% | β32.5% | β25.2% |
| Altman Z'' | β4.42 | β5.57 | β13.93 | β3.90 | β8.77 | β11.66 | β15.86 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | $4.5M | $7.3M | $9.7M | $11.8M | $13.7M | $14.1M | $12.4M |
| Operating income | β$3.1M | β$3.6M | β$2.9M | β$6.6M | β$13.9M | β$7.7M | β$9.0M |
| Interest expense | β | β | β | β | β | β | $1.0M |
| Pretax income | β | β | β | β | β | β$9.1M | β$7.0M |
| Net income | β$3.5M | β$3.7M | β$21.1M | $6.5M | β$12.0M | β$9.1M | β$7.0M |
| Net income to common | β | β | β | β | β | β$9.1M | β$7.0M |
| Diluted EPS | β$1.21 | β$0.88 | β$2.09 | β$0.42 | β$87.70 | β$9.01 | β$1.28 |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B |
| Cash flow | |||||||
| Cash from operations | β$0.4M | β$0.5M | β$2.3M | β$3.2M | β$0.8M | β$2.5M | β$3.1M |
| Capital expenditure | $0.6M | β | $0.1M | $0.1M | $0.0M | $0.0M | $0.0M |
| Free cash flow | β$0.9M | β | β$2.3M | β$3.3M | β$0.9M | β$2.5M | β$3.1M |
| Depreciation and amortization | $0.7M | $1.3M | $1.6M | $2.6M | $2.6M | $1.8M | $1.3M |
| Stock-based compensation | $1.0M | $1.5M | $0.7M | $1.2M | $0.9M | $0.5M | $4.8M |
| Acquisitions | $11.3M | $0.6M | $1.6M | $6.0M | β | β | β |
| Dividends paid | β | β | β | β | β | β | $0.4M |
| Dividends and buybacks | β | β | β | β | β | β | $0.4M |
| Balance sheet | |||||||
| Cash and short-term investments | $0.0M | $0.5M | $4.1M | $0.5M | $1.3M | $0.4M | $1.3M |
| Total debt | $9.3M | $8.8M | $8.0M | $13.6M | $12.5M | $11.1M | $5.2M |
| Current assets | $0.6M | $1.4M | $8.0M | $3.3M | $4.4M | $4.0M | $4.3M |
| Current liabilities | $4.7M | $6.9M | $45.0M | $7.8M | $3.2M | $3.6M | $2.4M |
| Property and equipment, net | $0.6M | $0.1M | $0.1M | $0.2M | $0.1M | $0.1M | $0.1M |
| Goodwill | $8.0M | $8.8M | $10.1M | $14.3M | $6.7M | $6.7M | $4.8M |
| Intangible assets | $6.6M | $6.0M | $7.1M | $13.4M | $11.0M | $5.4M | $3.4M |
| Total assets | $17.0M | $18.0M | $27.7M | $38.4M | $23.0M | $17.3M | $13.5M |
| Total liabilities | $16.4M | $18.1M | $53.7M | $29.5M | $15.9M | $14.3M | $7.1M |
| Preferred stock | $0.0M | $0.0M | β | β | β | β | β |
| Shareholders' equity | $0.7M | β$0.1M | β$26.1M | $8.9M | $7.1M | $3.0M | $6.4M |
| Margins | |||||||
| Operating margin | β69.7% | β49.7% | β30.0% | β55.9% | β101.1% | β54.8% | β72.5% |
| EBITDA margin | β53.4% | β31.5% | β13.4% | β34.2% | β82.1% | β42.0% | β61.8% |
| Net margin | β78.5% | β50.5% | β217.3% | 55.0% | β87.5% | β64.5% | β56.2% |
| FCF margin | β21.0% | β | β23.9% | β27.6% | β6.3% | β18.1% | β25.0% |
| Returns | |||||||
| Return on capital | β24.5% | β34.7% | β | β23.6% | β59.9% | β44.2% | β69.3% |
| Return on capital employed | β25.2% | β32.5% | 16.8% | β21.5% | β70.0% | β56.0% | β80.8% |
| Return on equity | β467.8% | β1,076.0% | β | β | β149.6% | β178.8% | β148.3% |
| Return on assets | β20.6% | β21.0% | β92.3% | 19.6% | β39.1% | β45.0% | β45.3% |
| Growth | |||||||
| Revenue growth | β | 64.0% | 33.1% | 21.1% | 16.7% | 2.3% | β11.6% |
| Net income growth | β | β | β | β | β285.7% | β | β |
| Share count change | β | 45.4% | β83.9% | 62.7% | β84.8% | 507.0% | 441.4% |
| Financial health | |||||||
| Debt / equity | 12.4x | β | β | 1.5x | 1.7x | 3.7x | 0.8x |
| Interest coverage | β | β | β | β | β | β | β8.6x |
| Current ratio | 0.1x | 0.2x | 0.2x | 0.4x | 1.4x | 1.1x | 1.8x |
| Quick ratio | 0.1x | 0.2x | 0.2x | 0.4x | 1.4x | 1.1x | 1.8x |
| Capital allocation | |||||||
| Capex / revenue | 12.6% | β | 0.7% | 0.5% | 0.2% | 0.2% | 0.1% |
| Stock comp / revenue | 23.5% | 20.2% | 7.7% | 10.6% | 6.4% | 3.8% | 38.8% |
| Quality scores | |||||||
| Piotroski F-score | β | 5.0 | 3.0 | 3.0 | 4.0 | 2.0 | 5.0 |
| Altman Z'' | β4.4 | β5.6 | β13.9 | β3.9 | β8.8 | β11.7 | β15.9 |
| Accruals ratio | β18.4% | β18.3% | β82.4% | 29.2% | β36.3% | β32.5% | β25.2% |
Source: SEC EDGAR XBRL filings (CIK 0001812727). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
