Reliance Global Group

EZRA

Insurance - Brokers · Financial Services

Price

$2.55

-0.02 (-0.78%)

Market Cap

$1.4M

Exchange

NASDAQ

Winston Score

Winston is worried

Below-average fundamentals — multiple weak pillars.

Data as of Aug 9, 2026 · filings through Jun 30, 2026

Share count rising — dilution

+709.9% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 17K (2021) → 136K (2025)

Reliance Global Group is an insurance brokerage company based in the United States. It helps individuals and small businesses find and buy insurance policies, acting as a middleman between customers and insurance carriers. The company focuses on personal lines insurance, such as auto and home coverage, and operates primarily through digital and technology-enabled platforms.

Reliance Global Group earns money by collecting commissions and fees when it places insurance policies with carriers on behalf of its clients. It operates mainly in the US and is a small-cap company with a very limited market presence compared to large brokers like Marsh or Hub International. The company has struggled with profitability, as its deeply negative operating margin shows it spends far more than it earns — the main risk is whether it can scale its technology platform fast enough to reduce costs and reach sustainable profitability before running out of financial runway.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-31.6% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+90.4% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Insider Activity

48.3%ownership

Insiders own a meaningful stake in the company

Cash Runway

~4 months

$2M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Short runway — potential dilution ahead through share issuance

Cash watch

Reliance Global Group has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

36.9%

Modest — 36.9% gross margin

Operating Margin

-86.4%

Losing money on operations — -86.4%

ROCE

-16.0%

Weak — -16.0% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales YoY

-28.0%

Shrinking sales (-28.0% YoY)

EPS YoY

N/A

—

Data not available

EPS Consistency

6/8 quarters

Earnings grew in most of the last 8 quarters

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Cash Flow

Cash Conversion

N/A

—

Data not available

FCF Margin

-70.5%

Burning cash (-70.5%)

Free cash flow is negative. They are burning cash, not generating it.

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Stability

Debt / Equity

0.71

Moderate — manageable debt (0.71)

Interest Cover

N/A

Data not available

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Valuation

P/E Ratio (TTM)

N/M

—

Negative earnings — P/E not meaningful

P/E vs Forward

N/A

not available

Data not available

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Dividends

Dividend Yield

31.83%

Healthy income — 31.83% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend Growth

N/A

no trend

Data not available

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