Reliance Global Group files Spetner Associates financials; target's 2024 revenue $14.7M, net income $2.1M

Reliance Global Group, Inc.

Spetner 2024 revenue $14.7M (up 85% YoY from $7.95M); net income $2.14M after $5.59M charitable contributions.
Total assets $3.28M, liabilities $2.34M, equity $0.94M as of Dec 31, 2024.
Acquisition via Stock Exchange Agreement (May 2024); Reliance to issue shares for all Spetner common stock.
Spetner 2024 cash from operations $1.63M; ending cash $2.78M.

item 9.01

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