Reliance Global Group reports 16% Q3 revenue growth, working capital up $5.4M

Reliance Global Group, Inc.

2023-Q3 EPS reported -$1.22 revenue$10,410,591

Revenue grew 16% YoY in Q3 2023 and 19% for the first nine months.
Working capital increased by $5.4 million (117%) for the nine-month period.
Operational losses reduced by over 21% in first nine months vs prior year.
Growth driven by organic expansion and Barra Associates acquisition (April 2022).
Company consolidating standalone agencies under RELI Exchange platform.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Reliance Global Group, Inc. reported financial results for the three and nine months ended September 30, 2023.

Period: the three and nine months ended September 30, 2023
Result: reported results

Exact text from the filing

On November 13, 2023, Reliance Global Group, Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2023.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

Reliance Global Group, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-040498

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