Education
About Us
Working with TipRanks
Follow Us
Reliance Global Group (RELI)
NASDAQ:RELI
Earnings Data
Report Date
Aug 13, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-2.76Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 9.76%
|Next Earnings Date:Aug 13, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant improvements in financial performance, strategic acquisitions, and new service launches, indicating strong momentum and growth potential. However, there were increased expenses in certain areas. Overall, the sentiment leans towards positive developments and confidence in future performance.Company Guidance
The Reliance Global Group's first-quarter conference call for fiscal year 2025 highlighted several key metrics and strategic initiatives aimed at enhancing growth and profitability. The company reported a 4% increase in commission income to $4.2 million and a 68% reduction in net loss to $1.7 million compared to the same period in 2024. Additionally, adjusted EBITDA improved significantly by 300%, marking a gain of $145,000. The launch of Relay Auto Leasing, which integrates vehicle leasing and insurance services, was a major development, promising recurring revenue and enhanced client relationships. The impending acquisition of Spatner Associates is expected to double revenue and significantly boost EBITDA, with promising cross-selling opportunities. Overall, the company emphasized its commitment to innovation and disciplined growth, setting a strong foundation for scalable long-term success.Improved Financial Results
Reliance Global Group reported meaningful growth in organic revenues, significantly reduced net loss by 68%, and delivered an increase in EBITDA. The net loss decreased to $1.7 million in Q1 2025 from $5.3 million in Q1 2024.
Launch of Relay Auto Leasing
Introduced Relay Auto Leasing, a new service that enables agency partners to offer vehicle leasing, integrated into the agent dashboard. This innovation is expected to create a powerful recurring revenue stream and deepen client relationships.
Spatner Associates Acquisition
Near completion of the Spatner Associates acquisition, which is expected to expand market footprint, enhance agency network, and provide cross-selling opportunities, contributing meaningfully to revenue growth and margin improvement.
Positive Adjusted EBITDA
Achieved positive adjusted EBITDA, marking a significant improvement of 300% from a loss of $74,000 in Q1 2024 to a gain of $145,000 in Q1 2025.
RELI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RELI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $1.23 | $1.14 | -7.32% |
Mar 06, 2025 | $1.46 | $1.44 | -1.37% |
Nov 07, 2024 | $2.07 | $1.93 | -6.76% |
Jul 25, 2024 | $4.07 | $3.76 | -7.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Reliance Global Group (RELI) report earnings?
Reliance Global Group (RELI) is schdueled to report earning on Aug 13, 2025, TBA Not Confirmed.
What is Reliance Global Group (RELI) earnings time?
Reliance Global Group (RELI) earnings time is at Aug 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RELI EPS forecast?
Currently, no data Available