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reli: the income statement
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Net loss
-$1,156,583
(-38.13%↓ Y/Y)
Gain on sale of
business
$3,033,554
Loss from continuing
operations before tax
-$1,156,583
(-38.13%↓ Y/Y)
Total other (expense)
income
$2,757,100
(947.46%↑ Y/Y)
Property And Casualty
$691,366
Life
$30,590
Medical
$1,774,019
Change in unrealized
gains (losses) on...
-$8,558
Other income
(expense), net
-$16,470
(-125.04%↓ Y/Y)
Interest
expense-Related Party
$4,704
Interest
expense-Nonrelated Party
$246,722
Loss from operations
-$3,913,683
(-664.43%↓ Y/Y)
Total revenue
$2,495,975
(-27.47%↓ Y/Y)
Total operating
expenses
$6,409,658
(62.13%↑ Y/Y)
Depreciation and
amortization
$313,694
(-25.62%↓ Y/Y)
Marketing and advertising
expenses
$66,917
(-33.21%↓ Y/Y)
General and
administrative expenses
$1,120,776
(36.43%↑ Y/Y)
Salaries and wages
$3,912,326
(129.09%↑ Y/Y)
Commission expense
$995,945
(10.39%↑ Y/Y)
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Income Statement
source: myfinsight.com
Reliance Global Group, Inc. (RELI)
Reliance Global Group, Inc. (RELI)