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.