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Sales 2022 16.76M 22.93M Sales 2023 13.73M 18.79M Capitalization 1.96M 2.68M
Net income 2022 6M 8.21M Net income 2023 -12M -16.42M EV / Sales 2022 1.57 x
Net Debt 2022 16.02M 21.92M Net Debt 2023 13.27M 18.16M EV / Sales 2023 1.11 x
P/E ratio 2022
-20.1 x
P/E ratio 2023
-0.1 x
Employees -
Yield 2022 *
-
Yield 2023
-
Free-Float 88.34%
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Managers TitleAgeSince
Chief Executive Officer 68 18-09-20
Director of Finance/CFO 43 21-05-31
Chief Operating Officer - 22-04-27
Members of the board TitleAgeSince
Chief Executive Officer 68 18-09-20
Director/Board Member 63 19-12-11
Director/Board Member 36 18-09-20
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Reliance Global Group, Inc. is engaged in managing assets in the insurance markets, as well as other related sectors. The Company is focused on acquisition strategy, initially and primarily focused upon wholesale and retail insurance agencies. The Company's insurance operation focuses on the acquisition and management of insurance agencies throughout the United States. Its primary focus is to undervalue wholesale and retail insurance agencies with operations in growing or underserved segments, including healthcare and Medicare, as well as personal and commercial insurance lines. The Company has also developed 5MinuteInsure.com (5MI), an online platform. 5MI is a business-to-consumer Website, which enables consumers to compare and purchase car and home insurance in a time-efficient and effective manner. The platform is primarily live in approximately 44 states and offers coverage with up to 16 carriers.
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