Reliance Global Group Inc
General ticker "RELI" information:
- Sector: Financials
- Industry: Insurance
- Capitalization: $1.8M
Reliance Global Group Inc does not follow the US Stock Market performance with the rate: -42.4%.
Estimated limits based on current volatility of 35.7%: low 1.49$, high 3.14$
Factors to consider:
- Current price 38.0% below estimated low
- Earnings for 18 months up through Q2 (+1 year) exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2022-12-31 to 2024-12-30
- 2022-12-31 to 2023-12-31 estimated range: [18.46$, 103.22$]
- 2023-12-31 to 2024-12-30 estimated range: [5.02$, 27.11$]
Financial Metrics affecting the RELI estimates:
- Negative: Non-GAAP EPS, $ of -8.45 <= 0.10
- Negative: Operating profit margin, % of -56.43 <= 1.03
- Negative: Operating cash flow per share per price, % of -1.81 <= 2.35
- Negative: Interest expense per share, $ of 0.84 > 0.74
- Negative: Inventory ratio change, % of 23.44 > 1.08
- Negative: Industry operating profit margin (median), % of 4.44 <= 6.82
Short-term RELI quotes
Long-term RELI plot with estimates
Financial data
| YTD | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Revenue | $7.30MM | $9.71MM | $16.76MM |
| Operating Expenses | $10.92MM | $12.62MM | $38.45MM |
| Operating Income | $-3.63MM | $-2.91MM | $-21.70MM |
| Non-Operating Income | $-0.05MM | $-18.19MM | $28.17MM |
| Interest Expense | $0.00MM | $0.00MM | $0.92MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $-3.68MM | $-21.10MM | $6.47MM |
| Profit(Loss) | $-3.68MM | $-21.10MM | $6.47MM |
| Stockholders Equity | $0.11MM | $-26.07MM | $8.91MM |
| Inventory | $0.48MM | $0.48MM | $1.40MM |
| Assets | $17.92MM | $27.68MM | $38.43MM |
| Operating Cash Flow | $-0.47MM | $-2.25MM | $-3.19MM |
| Capital expenditure | $0.00MM | $0.69MM | $0.95MM |
| Investing Cash Flow | $-1.95MM | $-2.30MM | $-24.64MM |
| Financing Cash Flow | $2.45MM | $8.64MM | $25.12MM |
| Earnings Per Share* | $-8.16 | $-57.57 | $31.63 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.