Reliance Global Group, Inc.

Reliance Global Group, Inc. reported a net loss of $7.0 million for fiscal year 2025, driven by an operating loss of $9.0 million. Total revenue was $12.4 million, consisting entirely of commission income. Operating expenses totaled $21.4 million, with significant components including salaries and wages ($10.3 million), general and administrative expenses ($4.9 million), commission expense ($4.6 million), and asset impairments ($3.9 million). The net loss was partially offset by a $3.2 million gain on the sale of a business. The company ended the year with $13.5 million in total assets, $7.1 million in total liabilities, and $6.4 million in stockholders' equity. Cash and restricted cash increased by $934,000 to $2.7 million, supported by $5.3 million in net cash from investing activities, primarily from the sale of a business, despite $3.1 million in net cash used in operating activities.

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