RELIANCE GLOBAL GROUP INC C/WTS 01/02/2026(TO PUR COM) | 10-Q: FY2025 Q2 Revenue: USD 3.087 M

LB filings
2025.07.30 20:32
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Revenue: As of FY2025 Q2, the actual value is USD 3.087 M.

EPS: As of FY2025 Q2, the actual value is USD -0.85.

EBIT: As of FY2025 Q2, the actual value is USD -2.372 M.

Segment Revenue

  • Total Revenue: $3,086,677 for the three months ended June 30, 2025, compared to $3,233,342 for the same period in 2024. For the six months ended June 30, 2025, total revenue was $7,322,897 compared to $7,315,780 in 2024.

Operational Metrics

  • Net Loss: - $2,710,901 for the three months ended June 30, 2025, compared to - $1,489,395 for the same period in 2024. For the six months ended June 30, 2025, net loss was - $4,447,786 compared to - $6,836,057 in 2024.
  • Operating Expenses: $5,458,490 for the three months ended June 30, 2025, compared to $4,379,920 for the same period in 2024. For the six months ended June 30, 2025, operating expenses were $11,101,855 compared to $13,494,079 in 2024.

Cash Flow

  • Net Cash Used in Operating Activities: - $654,681 for the six months ended June 30, 2025, compared to - $889,594 for the same period in 2024.
  • Net Cash Provided by Financing Activities: $2,259,335 for the six months ended June 30, 2025, compared to $1,002,825 for the same period in 2024.

Unique Metrics

  • Commission Income: $3,086,677 for the three months ended June 30, 2025, compared to $3,233,342 for the same period in 2024. For the six months ended June 30, 2025, commission income was $7,322,897 compared to $7,315,780 in 2024.

Future Outlook and Strategy

  • Core Business Focus: The company plans to focus on the expansion and growth of its business through continued asset acquisitions in insurance markets and organic growth of current insurance operations through geographic expansion and market share growth.
  • Non-Core Business: The company committed to a plan to sell the asset group associated with Fortman Insurance Services, LLC as part of its strategy to monetize certain assets to focus and grow core operations and pay off long-term debt.
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