RELI - Earnings announcements

Fortman Sale Nets a $3 Million Gain and Provides Capital to Significantly Reduce Long-Term Debt  Company Progresses Digital Asset Treasury Initiative to Support Capital Appreciation Model Company on Track to Issue First Dividend in Its History — $0.03 Per Share Special Dividend Payable December 2, 2025 Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today reported its financial results for the third quarter ended September 30, 2025, and provided a strategic and operational update. "The third quarter marked another important step in Rel

Lakewood, NJ, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Thursday, November 6, 2025, at 4:30 PM Eastern Time to discuss financial results for the third quarter 2025 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 800-715-9871 for U.S. callers or +1 646-307-1963 for international callers and entering access code Reliance Global Group Inc. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/53204 or on the investor relations section of the Company's website, https://relianceglobalgroup

Reduces Debt by 50%, Strengthens Balance Sheet, and Refocuses Strategic Priorities Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., July 30, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today provided a business update and reported financial results for the quarter ended June 30, 2025. "During the second quarter, we made meaningful progress toward our long-term strategic objectives, continuing to execute with discipline across both operational and financial fronts," said Ezra Beyman, Chairman and CEO of Reliance Global Group. "While revenue was modestly lower compared to the prior year period, this wa

Lakewood, NJ, July 28, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Wednesday, July 30, 2025, at 4:30 PM Eastern Time to discuss financial results for the second quarter 2025 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 627850. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/52790 or on the investor relations section of the Company's website, https://relianceglobalgroup.com/events-and-pres

LAKEWOOD, N.J., May 14, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today provided a business update and reported financial results for the quarter ended March 31, 2025. "We are pleased to begin 2025 with improving financial results that build on the momentum we achieved in 2024," said Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group. "Our growth in organic revenues highlights the attractive strides we've made in expanding our market share. At the same time, the substantial reduction in net loss and the increase in AEBITDA reflect the sustained benefits of our disciplined fiscal management, streamlined op

Lakewood, NJ, May 13, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Wednesday, May 14, 2025, at 4:30 PM Eastern Time to discuss financial results for the first quarter 2025 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 848176. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/52473 or on the investor relations section of the Company's website, https://relianceglobalgroup.com/events-and-present

LAKEWOOD, N.J., March 06, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today provided a business update and reported financial results for the year ended December 31, 2024. "We are pleased to report continued revenue growth and strong operational execution in 2024," said Ezra Beyman, Chairman and Chief Executive Officer of Reliance. "This year has been truly transformative for Reliance, driven by disciplined fiscal management, strategic investments in technology, and targeted acquisitions. Our OneFirm strategy has successfully integrated our agency operations into a unified, technology-driven platform, enhancing efficiency, reducin

Lakewood, NJ, March 04, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Thursday, March 6, 2025, at 4:30 PM Eastern Time to discuss financial results for the fourth quarter and year ended December 31, 2024 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 522829. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/52132 or on the investor relations section of the Company's website, https://relianceglo

Reports Continued Revenue Growth and Significant Improvements to Net Results Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today provided a business update and reported financial results for the three and nine months ended September 30, 2024. Ezra Beyman, Reliance's Chairman and Chief Executive Officer, commented, "We are very pleased to report a highly successful third quarter, both in growing our revenues, as well as in controlling our operating costs, which has resulted in sustained revenue growth, decreased expenses and improved net financia

Lakewood, NJ, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Thursday, November 7, 2024, at 4:30 PM Eastern Time to discuss financial results for the third quarter of 2024 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 877-545-0320 for U.S. callers or +1 973-528-0002 for international callers and entering access code 442767. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/51535 or on the investor relations section of the Company's website, https://relianceglobalgroup.com/events-a

Spetner Associates Acquisition on Track to Close in Second Half of 2024; Projected to Double Annual Revenue to Approximately $28 Million and Boost AEBITDA Reliance Forms Real Estate Division Headed up by Successful Real Estate Investor and M&A Executive Abe Miller, to Drive Growth and Diversification Simplified Capital Structure- Reliance Removes Warrant Overhang to Unlock Shareholder Value Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today provided a business update and reported financial results for the three and six months ended June 30, 2

Lakewood, NJ, July 19, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Thursday, July 25, 2024, at 4:30 PM Eastern Time to discuss financial results for the second quarter of 2024 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 246542. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/50932 or on the investor relations section of the Company's website, https://relianceglobalgroup.com/events-and

Definitive agreement to acquire Spetner Associates marks significant milestone in Company's evolution Expected to more than double current revenue to approximately $28 million and contribute meaningful EBITDA Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., May 20, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company") today provided a business update and reported financial results for the three months ended March 31, 2024. Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group, commented, "We achieved another solid quarter with continued organic growth

Lakewood, NJ, May 16, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance" or the "Company"), announced today that it will host a conference call Monday, May 20, 2024, at 4:30 PM Eastern Time to discuss financial results for the first quarter of 2024 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 512517. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/50621 or on the investor relations section of the Company's website, https://relianceglobalgroup.com/e

Company to Host Conference Call Today at 1:00 PM Eastern Time LAKEWOOD, N.J., April 04, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company") today provided a business update and reported financial results for the year ended December 31, 2023. "We are pleased to report 17% and 40% year-over-year increases in revenue for 2023 compared to 2022 and 2021, respectively," commented Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group. "Of the 17% revenue increase, 67% relates to organic growth, and 33% was acquisition related." "Our net loss was substantially driven by non-core operating and non-cash expense charg

Lakewood, NJ, April 03, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance" or the "Company"), announced today that it will host a conference call Thursday, April 4, 2024, at 1:00 PM Eastern Time to discuss financial results for the fourth quarter of 2023 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 515451. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/50129 or on the investor relations section of the company's website, https://relianceglobalgroup.com

Working Capital Increases by $5.4 million Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, NJ, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company"), today provided a business update and reported financial results for the third quarter and nine months ended September 30, 2023. Ezra Beyman, CEO of Reliance, commented, "We are pleased to report a 16% and 19% year-over-year increase in revenue for the third quarter and first nine months of 2023 respectively.  This growth primarily stems from the organic expansion of our business, bolstered by our acquisition of Barra Associates in April 2022. Followin

Lakewood, NJ, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance" or the "Company"), announced today that it will host a conference call Monday, November 13, 2023 at 4:30 PM Eastern Time to discuss financial results for the third quarter of 2023 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 757200. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/49462 or on the investor relations section of the company's website, https://relianceglobalgroup.com/even

Working Capital Increases by $6.8 million RELI Exchange Continuing to Grow its Network of Agency Partners Strategic Plan for Consolidation of Subsidiary Agencies Leading to Enhanced Market Presence Reports 30% Reduction in Loss from Operations for the First Half of 2023 Over Same Period Last Year Company to Host Conference Call Today at 12:00 PM Eastern Time LAKEWOOD, N.J., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company"), today provided a business update and reported financial results for the second quarter ended June 30, 2023. Ezra Beyman, CEO of Reliance, commented, "We are pleased to report a 12%

RELI Exchange Continuing to Add New Agency Partners and Support Growth Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., May 18, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company"), today provided a business update and reported financial results for the first quarter ended March 31, 2023. Ezra Beyman, CEO of Reliance commented, "We are pleased to announce a 29% increase in revenue for the first quarter of 2023, compared to the same period in 2022. We've also reduced our operating costs by 9%, which includes a reduction in general and administrative expenses of approximately 42%, pa

Lakewood, NJ, May 18, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance" or the "Company"), announced that it will host a conference call today, Thursday May 18, 2023 at 4:30 PM Eastern Time to discuss financial results for the first quarter of 2023 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 877-545-0523 for U.S. callers or +1 973-528-0016 for international callers and entering access code 539575. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/48391 or on the investor relations section of the company's website, https://relianceglobalgroup.com/e

Reports Continued Growth of RELI Exchange Platform Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., March 30, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company"), today provided a business update and reported financial results for the year-ended December 31, 2022. Ezra Beyman, CEO of Reliance, commented, "We are extremely pleased to report a 73% increase in revenue in 2022 as compared to 2021. This achievement was due to the growth and overall solid performance from our ten operating subsidiaries. We are also very proud of our most recent business formation, RELI Exchange, built on the foundatio

Lakewood, NJ, March 29, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance" or the "Company"), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, announced today that it will host a conference call on Thursday, March 30, 2023 - 4:30 PM Eastern Time to discuss financial results for 2022 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 877-545-0320 for U.S. callers or +1 973-528-0002 for international callers and entering access code 133394. A webcast of the call may be accessed at https://www.webcaster4.com/W

Highly Successful RELI Exchange Platform Helping Drive Revenue Growth Company to Host Conference Call Today at 12:00 PM LAKEWOOD, N.J., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company"), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, yesterday provided a business update and reported financial results for the third quarter ended September 30, 2022.  Ezra Beyman, CEO of Reliance Global Group, commented, "We are extremely pleased to report a 61% year-over-year increase in revenue for the third quarter of 2022. Our strong

LAKEWOOD, N.J., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company"), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency announced today that it will host a conference call on Tuesday, November 15, 2022, at 12:00 PM Eastern Time to discuss financial results for the quarter ended September 30, 2022, and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 905469. A webcast of the call m

RELI Exchange driving agency partner channel growth Company to host conference call today at 2:00 PM LAKEWOOD, NJ, Aug. 15, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company"), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today provided a business update and reported financial results for the second quarter ended June 30, 2022. Ezra Beyman, CEO of Reliance Global Group, commented, "We are extremely pleased to report a 92% year-over-year increase in revenue for the second quarter of 2022. Our strong growth reflects

LAKEWOOD, NJ, Aug. 11, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company"), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, announced today that it will host a conference call on Monday, August 15, 2022, at 2:00 PM Eastern Time to discuss financial results for the quarter ended June 30, 2022, and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 581329. A webcast of