Reliance Global Group, Inc. (RELI)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Total revenue | 3,086,677 | 4,236,220 | 3,441,458 | 3,233,342 |
| Salaries and wages | 2,563,519 | 2,229,837 | 1,707,737 | 1,955,152 |
| Marketing and advertising expenses | 67,207 | 67,275 | 100,183 | 76,983 |
| General and administrative expenses | 1,492,839 | 1,516,228 | 821,510 | 991,633 |
| Depreciation and amortization | 346,151 | 360,595 | 421,759 | 469,788 |
| Asset impairments | - | - | - | - |
| Commission expense | 988,774 | 1,469,427 | 902,246 | 886,364 |
| Change in estimated acquisition earn-out payables | - | - | - | - |
| Total operating expenses | 5,458,490 | 5,643,362 | 3,953,435 | 4,379,920 |
| Loss from operations | -2,371,813 | -1,407,142 | -511,977 | -1,146,578 |
| Interest expense, nonoperating | - | - | 356,320 | 403,495 |
| Other income (expense), net | -20,100 | - | 65,785 | 11 |
| Interest expense-Related Party | 21,346 | - | - | - |
| Interest expense-Nonrelated Party | 297,642 | - | - | - |
| Recognition and change in fair value of warrant liabilities | - | - | - | 60,667 |
| Total other (expense) income | -339,088 | -329,740 | -325,337 | -342,817 |
| Loss from continuing operations before tax | -2,710,901 | -1,736,882 | -837,314 | -1,489,395 |
| Income (loss) from discontinued operations before tax | - | - | - | - |
| Net loss | -2,710,901 | -1,736,882 | -837,314 | -1,489,395 |
| Basic loss per share | -0.85 | -0.66 | -0.67 | -2.76 |
| Diluted loss per share | -0.85 | -0.66 | -0.67 | -2.76 |
| Weighted average number of shares outstanding basic | 3,198,461 | 2,612,721 | 1,252,799 | 539,133 |
| Weighted average number of shares outstanding diluted | 3,198,461 | 2,612,721 | 1,252,799 | 539,133 |