earnings
confidence high
sentiment positive
materiality 0.60
Reliance Global Group Q1 net loss down 68% to $1.74M; AEBITDA turns positive $145K
Reliance Global Group, Inc.
2025-Q1 EPS reported
-$0.66
revenue$4,236,220
- Commission revenue increased 4% to $4.24M vs $4.08M in Q1 2024, driven by organic growth.
- Net loss improved 68% to $1.74M from $5.35M, helped by no impairment charges and cost controls.
- Adjusted EBITDA (AEBITDA) positive $145K vs loss of $74K in prior year, a 297% improvement.
- Salaries and G&A rose from non-cash equity awards of $1.02M; underlying cash costs declined.
- Company expects to complete Spetner acquisition and launched RELI Auto Leasing for agents.