RELIW
Income statement / Annual
Last year (2023), Reliance Global Group, Inc.'s total revenue was $13.73 M,
a decrease of 18.05% from the previous year.
In 2023, Reliance Global Group, Inc.'s net income was -$12.01 M.
See Reliance Global Group, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
08/31/2017 |
08/31/2016 |
08/31/2015 |
08/31/2014 |
| Operating Revenue |
$13.73 M
|
$16.76 M
|
$9.71 M
|
$7.28 M
|
$4.45 M
|
$20,650.00
|
$39,068.00
|
$18,900.00
|
$75,604.00
|
$213,132.00
|
| Cost of Revenue |
$11.24 M |
$11.98 M |
$7.10 M |
$5.22 M |
$3.02 M |
$101,894.00 |
$3,075.00 |
$19,041.00 |
$114,668.00 |
$89,832.00 |
| Gross Profit |
$2.50 M |
$4.78 M |
$2.61 M |
$2.06 M |
$1.43 M |
-$81,244.00 |
$35,993.00 |
-$141.00 |
-$39,064.00 |
$123,300.00 |
| Gross Profit Ratio |
0.18 |
0.29 |
0.27 |
0.28 |
0.32 |
-3.93 |
0.92 |
-0.01 |
-0.52 |
0.58 |
| Research and Development
Expenses |
$0.00
|
$1.83
|
-$2.17
|
-$0.50
|
-$0.79
|
$20.42
|
$49,000.00
|
-$44.10
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$4.09 M
|
$6.72 M
|
$3.59 M
|
$4.21 M
|
$3.64 M
|
$826,438.00
|
$128,149.00
|
$487,008.00
|
$251,874.00
|
$195,589.00
|
| Selling & Marketing
Expenses |
$364,974.00
|
$2.58 M
|
$325,838.00
|
$168,778.00
|
$165,574.00
|
$6,314.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$4.45 M
|
$9.30 M
|
$3.92 M
|
$4.37 M
|
$3.80 M
|
$20.42
|
$128,149.00
|
$487,008.00
|
$251,874.00
|
$195,589.00
|
| Other Expenses |
$11.92 M |
$2.80 M |
$1.61 M |
$1.33 M |
$727,979.00 |
$1.47 M |
$324,167.00 |
$346,397.00 |
$339,189.00 |
$271,288.00 |
| Operating Expenses |
$16.38 M |
$12.10 M |
$5.52 M |
$5.70 M |
$4.53 M |
$1.44 M |
$501,316.00 |
$833,405.00 |
$591,063.00 |
$466,877.00 |
| Cost And Expenses |
$27.61 M |
$24.08 M |
$12.62 M |
$10.92 M |
$7.55 M |
$300.00 |
$504,391.00 |
$852,446.00 |
$705,731.00 |
$556,709.00 |
| Interest Income |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$1.66 M |
$918,026.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$179,659.00 |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$2.61 M
|
-$10.72 M
|
$30.50 M
|
$10.92 M
|
$7.46 M
|
$1.07 M
|
$504,391.00
|
$852,446.00
|
$339,189.00
|
$271,288.00
|
| EBITDA |
-$5.76 M
|
-$3.94 M
|
-$1.31 M
|
-$2.30 M
|
-$2.38 M
|
-$491,790.00
|
-$141,156.00
|
-$487,149.00
|
-$290,938.00
|
-$72,289.00
|
| EBITDA Ratio |
-0.42 |
-1.15 |
1.68 |
-0.39 |
-0.53 |
-23.82 |
-3.61 |
-25.78 |
-3.93 |
-0.34 |
| Operating Income Ratio
|
-1.01
|
-0.44
|
1.52
|
-0.5
|
-0.7
|
4.28
|
-24.59
|
-44.1
|
-8.33
|
-1.61
|
| Total Other
Income/Expenses Net |
$3.85 M
|
-$922,891.00
|
-$18.19 M
|
-$54,587.00
|
-$391,570.00
|
-$337,184.00
|
-$1.62 M
|
$0.00
|
$6,197.00
|
$0.00
|
| Income Before Tax |
-$10.03 M |
$6.47 M |
-$21.10 M |
-$3.70 M |
-$3.50 M |
-$961,620.00 |
-$2.58 M |
-$833,546.00 |
-$623,930.00 |
-$343,577.00 |
| Income Before Tax Ratio
|
-0.73
|
0.39
|
-2.17
|
-0.51
|
-0.79
|
-46.57
|
-66
|
-44.1
|
-8.25
|
-1.61
|
| Income Tax Expense |
$0.00 |
-$28.17 M |
$17.65 M |
-$508,700.00 |
-$3.01 M |
-$1.05 M |
-$1.75 M |
-$833,550.00 |
-$6,197.00 |
$0.00 |
| Net Income |
-$12.01 M |
$34.63 M |
-$38.75 M |
-$3.19 M |
-$3.50 M |
$421,751.00 |
-$2.58 M |
-$833,546.00 |
-$623,930.00 |
-$343,577.00 |
| Net Income Ratio |
-0.87 |
2.07 |
-3.99 |
-0.44 |
-0.79 |
20.42 |
-66 |
-44.1 |
-8.25 |
-1.61 |
| EPS |
-4.26 |
31.63 |
-57.57 |
-8.16 |
-18.22 |
6723.61 |
-115.52 |
-37.79 |
-28.8 |
-16.65 |
| EPS Diluted |
-72.39 |
31.63 |
-57.57 |
-8.16 |
-18.22 |
6723.61 |
-115.52 |
-37.79 |
-28.8 |
-16.65 |
| Weighted Average Shares
Out |
$2.82 M
|
$1.09 M
|
$673,136.00
|
$390,867.00
|
$191,853.00
|
$62.73
|
$22,321.00
|
$22,060.00
|
$21,666.00
|
$20,637.00
|
| Weighted Average Shares
Out Diluted |
$165,898.00
|
$1.09 M
|
$673,136.00
|
$390,867.00
|
$191,853.00
|
$62.73
|
$22,321.00
|
$22,060.00
|
$21,666.00
|
$20,637.00
|
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