---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-010263"
form_type: "8-K"
ticker: "EZRA"
cik: "0001812727"
company_name: "Reliance Global Group, Inc."
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T09:49:38.872002+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Reliance Global Group Q1 net loss down 68% to $1.74M; AEBITDA turns positive $145K

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-010263
- form_type: 8-K
- ticker: EZRA
- cik: 0001812727
- company_name: Reliance Global Group, Inc.
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812727/000164117225010263/0001641172-25-010263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812727/000164117225010263/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-010263
- JSON: https://secwatch.observer/filing/0001641172-25-010263.json
- Plain text: https://secwatch.observer/filing/0001641172-25-010263.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.