# Reliance Global Group, Inc. (EZRA)

> Source: Nexqual · https://nexqual.com/EZRA · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Reliance Global Group, Inc. (EZRA), nexqual.com/EZRA" · informational, not investment advice.

**Price:** USD 2.48 (+14.81% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 2.16 · day 2.08–2.63 · 52w 1.75–53.2 · market cap $4.2M · NCM

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $11.0M, net income -$6.0M (-54.3% margin) (SEC filings).
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $124K; 4 not under a Rule 10b5-1 plan ($124K).
- Total return with dividends: 1Y -92.3% vs S&P 500 +18.1%; 5Y -100.0% vs S&P 500 +85.1%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $9.7M | $11.8M | $13.7M | $14.1M | $12.4M | $11.0M |
| Operating income | -$2.9M | -$6.6M | -$13.9M | -$7.7M | -$9.0M | -$8.3M |
| Net income | -$21.1M | $6.5M | -$12.0M | -$9.1M | -$7.0M | -$6.0M |
| EPS (diluted) | -$21318.00 | -$285.60 | -$3508.00 | -$360.40 | -$51.20 | — |
| Free cash flow | -$2.3M | -$3.3M | -$871K | -$2.5M | -$3.1M | — |
| Operating margin | -30.0% | -55.9% | -101.1% | -54.8% | -72.5% | -75.1% |
| Net margin | -217.3% | 55.0% | -87.5% | -64.5% | -56.2% | -54.3% |
| Revenue growth | +33.1% | +21.1% | +16.7% | +2.3% | -11.6% | — |
| Cash + short-term investments | $4.1M | $505K | $1.3M | $373K | $1.3M | — |
| Total debt | $8.0M | $13.5M | $12.4M | $11.1M | $5.1M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 0.4x · EV/Sales 0.6x · P/B 0.6x · Earnings yield -144.07% · Net debt $2.6M · EV $6.7M

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan |
|---|---|---|---|---|---|---|
| 2026-08-03 | Markovits Joel | Chief Financial Officer | 9,329 | $24K | 100% | No |
| 2026-08-03 | Blumenfrucht Alex | Director | 8,830 | $35K | 99.9% | No |
| 2026-08-03 | Beyman Yaakov | Exec VP, Insurance Division | 9,120 | $35K | 75.5% | No |
| 2026-08-03 | Fruchtzweig Ben | Director | 7,448 | $30K | 99.9% | No |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | -92.3% | -100.0% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -92.4% | -83.9% |
| Volatility (annualized) | 136.6% | 127.6% |
| Max drawdown | -95.7% (Oct 2025→Jul 2026) | -100.0% (Jan 2022→Jul 2026) |

## Peers (Insurance Brokers)
TWFG (TWFG, Inc.) USD 25.02 +3.11% · TREE (LendingTree, Inc.) USD 25.82 +4.18% · CRD-A (Crawford & Company) USD 12.41 -1.59% · GSHD (Goosehead Insurance, Inc.) USD 45.6 +2.61% · LIFE (Ethos Technologies Inc.) USD 38.76 -2.15% · NP (Neptune Insurance Holdings Inc.) USD 29.45 +0.96%

## More
Full page: https://nexqual.com/EZRA · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt