Reliance Global Group, Inc. (RELI)
| Market Cap | 25.83M |
| Revenue (ttm) | 8.12M |
| Net Income (ttm) | -3.50M |
| Shares Out | 10.93M |
| EPS (ttm) | -0.52 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 16,301 |
| Open | 2.37 |
| Previous Close | 2.44 |
| Day's Range | 2.30 - 2.48 |
| 52-Week Range | 2.28 - 9.07 |
| Beta | -58.32 |
| Analysts | n/a |
| Price Target | n/a |
| Est. Earnings Date | n/a |
About RELI
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 transportation, 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.
Financial Performance
In 2020, RELI's revenue was $7.28 million, an increase of 63.56% compared to the previous year's $4.45 million. Losses were -$3.70 million, 5.82% more than in 2019.
Financial StatementsNews
Reliance Global Group to Present at Dawson James Securities 6th Annual Small Cap Growth Conference on October 21, 2021
LAKEWOOD, N.J., Oct. 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experience o...
Reliance Global Group Announces Successful Launch of 5MinuteInsure.com in Indiana
Follows Successful Launch in Ohio; Accelerating Rollout to Additional States Near Term
Reliance Global Group Announces Successful Launch of 5MinuteInsure.com
Customers reported savings of up to 60% on insurance policies
Reliance Global Group to Present at the H.C. Wainwright 23rd Annual Global Investment Conference
LAKEWOOD, NJ, Sept. 10, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), an insurtech company focused on combining advanced technologies with the persona...
Reliance Global Group Reports 33.4% Increase in Revenue for the Second Quarter of 2021
On track to commence commercial launch of 5MinuteInsure.com this summer;
Reliance Global Group Adds Lemonade and Hippo to its 5MinuteInsure.com Platform
On track for commercial launch of 5MinuteInsure.com this summer
Reliance Global Group Schedules Commercial Launch of 5minuteinsure.com for Q3 2021; Demo Video Now Available Online
LAKEWOOD, N.J., June 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experience o...
Reliance Global Group Reports 15% Increase in Revenue for the First Quarter of 2021 and Provides Corporate Update
LAKEWOOD, N.J., May 14, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experience o...
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Reliance Global Group: Yet Another Promising Acquisition
Reliance Global Group Inc. ( RELI , Financial) continues to pave its way forward by leveraging new partnerships and improving its technology to deliver a seamless digital experience for policy buyers.
Reliance Global Group Acquires Premier Health Insurance Agency J.P. Kush and Associates, Inc.
LAKEWOOD, N.J., May 13, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), an “insurtech” company focused on combining advanced technologies with the persona...
Reliance Global Group Adds Two Leading National Insurance Carriers to Its 5MinuteInsure.com Platform
LAKEWOOD, NJ, March 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), an insurtech company focused on combining advanced technologies with the personaliz...
Reliance Global: Ending 2020 With a Bang
Insurance tech player Reliance Global (NASDAQ:RELI) had a highly eventful 2020. The company successfully integrated a series of insurance agency acquisitions into the business and also made strategic in...
Reliance Global Group Reports 63% Increase in Revenue for 2020 and Provides Year-End Business Update
5MinuteInsure.com, through its Reliance Insurtech division, now licensed to sell home and auto insurance in 43 states
Reliance Global Group's 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in...
LAKEWOOD, NJ, March 15, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines advanced technologies with the personalized experience of a tradit...
Reliance Global Trades Higher: Technical Levels to Watch
Reliance Global Group Inc. (NASDAQ:RELI) shares were trading higher Wednesday after the company announced that it is expanding sales initiatives that target large enterprises and employee organizations....
Reliance Global Group Expands Sales Initiatives Targeting Large Enterprises and Employee Organizations
SWMIC subsidiary chosen as broker of choice for three additional unions
Reliance Global Group Announces Appointment of Industry Pioneer and Entrepreneur Moshe Fishman as Director of Insuran...
LAKEWOOD, N.J., Feb. 24, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI), a company engaged in the acquisition and management of insurance agencies in the United ...
Reliance Global: An Underpriced Insurance-Tech Gem
The insurance brokerage industry is one of the oldest and most fragmented industries that has had a very limited penetration of technology over the years. This is the reason why any move by a company in...
Reliance Global Group Announces Closing of $12.42 Million Underwritten Offering Including Full Exercise of the Underw...
LAKEWOOD, NJ, Feb. 11, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI), a company engaged in the acquisition and management of insurance agencies in the United St...
Reliance Global Group, Inc. Announces Nasdaq Listing and Pricing of $10.8 Million Public Offering
LAKEWOOD, NJ, Feb. 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (NASDAQ: RELI) ("Reliance" or "Company"), a company engaged in the acquisition and management of insurance...