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Financial Services - Insurance - Brokers - NASDAQ - US
$ 0.998
-2.16 %
$ 2.97 M
Market Cap
-0.11
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RELI stock under the worst case scenario is HIDDEN Compared to the current market price of 0.998 USD, Reliance Global Group, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RELI stock under the base case scenario is HIDDEN Compared to the current market price of 0.998 USD, Reliance Global Group, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RELI stock under the best case scenario is HIDDEN Compared to the current market price of 0.998 USD, Reliance Global Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RELI

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$3.5$3.5$3.0$3.0$2.5$2.5$2.0$2.0$1.5$1.5$1.0$1.0$0.5$0.5Nov '24Nov '24Dec '24Dec '2420252025Feb '25Feb '25Mar '25Mar '25Apr '25Apr '25
FINANCIALS
14.1 M REVENUE
2.35%
-7.7 M OPERATING INCOME
44.55%
-12 M NET INCOME
-0.00%
-4.6 M OPERATING CASH FLOW
-442.07%
710 K INVESTING CASH FLOW
0.00%
1.66 M FINANCING CASH FLOW
71.38%
3.3 M REVENUE
-4.19%
-1.01 M OPERATING INCOME
-96.31%
-1.4 M NET INCOME
-66.99%
-867 K OPERATING CASH FLOW
-14.37%
-24.4 K INVESTING CASH FLOW
-9.82%
336 K FINANCING CASH FLOW
5.35%
Balance Sheet Reliance Global Group, Inc.
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Current Assets 3.99 M
Cash & Short-Term Investments 373 K
Receivables 1.5 M
Other Current Assets 2.11 M
Non-Current Assets 13.3 M
Long-Term Investments 0
PP&E 1.19 M
Other Non-Current Assets 12.1 M
8.68 %12.21 %6.85 %70.11 %Total Assets$17.3m
Current Liabilities 3.57 M
Accounts Payable 937 K
Short-Term Debt 2.29 M
Other Current Liabilities 348 K
Non-Current Liabilities 10.7 M
Long-Term Debt 847 K
Other Non-Current Liabilities 9.9 M
6.54 %15.99 %5.92 %69.12 %Total Liabilities$14.3m
EFFICIENCY
Earnings Waterfall Reliance Global Group, Inc.
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Revenue 14.1 M
Cost Of Revenue 0
Gross Profit 14.1 M
Operating Expenses 21.7 M
Operating Income -7.7 M
Other Expenses 4.31 M
Net Income -12 M
15m15m10m10m5m5m00(5m)(5m)(10m)(10m)(15m)(15m)14m014m(22m)(8m)(4m)(12m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
-54.75% OPERATING MARGIN
-54.75%
-64.55% NET MARGIN
-64.55%
-302.66% ROE
-302.66%
-52.39% ROA
-52.39%
-48.00% ROIC
-48.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Reliance Global Group, Inc.
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00(500k)(500k)(1m)(1m)(1m)(1m)(2m)(2m)(2m)(2m)(3m)(3m)(3m)(3m)(4m)(4m)(4m)(4m)(5m)(5m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -12 M
Depreciation & Amortization 2.6 M
Capital Expenditures -22.9 K
Stock-Based Compensation 875 K
Change in Working Capital 49.7 K
Others 4.29 M
Free Cash Flow -4.62 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Reliance Global Group, Inc.
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RELI has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership Reliance Global Group, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
45.3 K USD 3
6-9 MONTHS
0 USD 0
9-12 MONTHS
42.4 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
58.7 K USD 1
9-12 MONTHS
7. News
Reliance Global Group Launches RELI Auto Leasing—Delivering ANY Vehicle to ANY Location in the United States New Offering Provides Unmatched Convenience for Customers and Creates Additional Revenue Opportunities for RELI Exchange Agency Partners New Offering Provides Unmatched Convenience for Customers and Creates Additional Revenue Opportunities for RELI Exchange Agency Partners globenewswire.com - 1 month ago
Reliance Global Group, Inc. (RELI) Q4 2024 Earnings Call Transcript Reliance Global Group, Inc. (NASDAQ:RELI ) Q4 2024 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Ted Ayvas - Investor Relations Ezra Beyman - Chairman and Chief Executive Officer Joel Markovits - Chief Financial Officer Conference Call Participants Nicole Kaufmann - BlackRidge Capital Operator Good day, and welcome to the Reliance Global Group's Fourth Quarter and 2024 Year-End Business Update Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 1 month ago
Reliance Global Group Reports 2024 Results and Provides Business Update LAKEWOOD, N.J., March 06, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today provided a business update and reported financial results for the year ended December 31, 2024. globenewswire.com - 1 month ago
Reliance Global Group Schedules Fourth Quarter and Year Ended December 31, 2024 Financial Results and Business Update Conference Call Lakewood, NJ, March 04, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, March 6, 2025, at 4:30 PM Eastern Time to discuss financial results for the fourth quarter and year ended December 31, 2024 and provide a business update. globenewswire.com - 1 month ago
Reliance Global Group Expands RELI Exchange Commercial Quote & Bind InsurTech Platform Following Successful Beta Launch LAKEWOOD, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced a significant expansion of its Commercial Quote & Bind InsurTech solution on RELI Exchange, building off the highly successful beta launch late last year. globenewswire.com - 2 months ago
Reliance Global Group Reflects on a Transformative Year and Looks Ahead to 2025 OneFirm Approach Delivering Results - Drives Increased Revenue, Reduced Expenses, and Growing EBITDA Spetner Acquisition Nears Final Stages, Strengthening Company's Future Prospects LAKEWOOD, N.J., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today provided a year-end review of its operations, as well as a look to the future. globenewswire.com - 4 months ago
Reliance Global Group, Inc. (RELI) Q3 2024 Earnings Call Transcript Reliance Global Group, Inc. (NASDAQ:RELI ) Q3 2024 Earnings Call November 7, 2024 4:30 PM ET Company Participants Ted Ayvas - Investor Relations Ezra Beyman - Chairman and Chief Executive Officer Joel Markovits - Chief Financial Officer Operator Good day and welcome to the Reliance Global Group Third Quarter Business Update Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Ted Ayvas, Investor Relations at Reliance Global. seekingalpha.com - 5 months ago
Reliance Global Group Schedules Third Quarter 2024 Financial Results and Business Update Conference Call Lakewood, NJ, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, November 7, 2024, at 4:30 PM Eastern Time to discuss financial results for the third quarter of 2024 and provide a business update. globenewswire.com - 5 months ago
Reliance Global Group Launches Beta Version of Advanced Quote & Bind InsurTech Solution for Commercial Policies, Ahead of Schedule New AI-powered feature launches early, positioning RELI Exchange for substantial premium growth and commission revenue boost New AI-powered feature launches early, positioning RELI Exchange for substantial premium growth and commission revenue boost globenewswire.com - 7 months ago
Top 3 Financials Stocks That May Rocket Higher This Quarter The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies. benzinga.com - 7 months ago
Reliance Global Group Announces Enhanced Terms for Pending Spetner Acquisition Cash required to close reduced by over $2 million Acquisition remains on track - anticipated to close in the second half of 2024 LAKEWOOD, N.J., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”) today provided an update on the pending acquisition of Spetner Associates, including a significant reduction in the upfront cash payment required to close the transaction. globenewswire.com - 7 months ago
Reliance Global Group Reports Second Quarter 2024 Results and Provides Business Update Spetner Associates Acquisition on Track to Close in Second Half of 2024; Projected to Double Annual Revenue to Approximately $28 Million and Boost AEBITDA globenewswire.com - 9 months ago
8. Profile Summary

Reliance Global Group, Inc. RELI

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COUNTRY US
INDUSTRY Insurance - Brokers
MARKET CAP $ 2.97 M
Dividend Yield 0.00%
Description Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking, and employee benefits insurance products. 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.
Contact 300 Boulevard of the Americas, Lakewood, NJ, 08701 https://www.relianceglobalgroup.com
IPO Date Feb. 9, 2021
Employees 64
Officers Brandon Johnson Head of Personal Lines, Property & Casualty Distribution Mr. Yaakov Beyman Executive Vice President of Insurance Division Mr. Grant Barra Senior Vice President of Operations Mr. Rick Emig Head of Group Health Distribution Miriam Spitz Director of Treasury Services Ms. Julie A. Blockey Head of Group Distribution Government Contracts Mr. Michael Dobek Head of RELI Exclusive Distribution Network Mr. Joel Markovits CPA Chief Accounting Officer, Chief Financial Officer & Financial Reporting Manager Mr. Ezra Beyman Chief Executive Officer & Executive Chairman Mr. Jonathan Fortman Vice President of Acquisitions