Reliance Global Group, Inc. Series A Warrants (EZRAW) Financials
Newest figures come from the 10-Q for Q1 FY2026, filed May 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EZRAW SEC filings page.
Reliance Global Group, Inc. Series A Warrants (EZRAW) reported $12.4M in revenue for fiscal year 2025, down 11.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
EZRAW’s dominant mechanic is contractionary operations: lower revenue, worsening operating margins, and cash consumption alongside a smaller debt burden.
The 2025 net loss improved to$7.0M even as the operating loss widened to$9.0M , so reported earnings were less negative because non-operating items offset part of the weaker core result. Cash conversion remains poor: operating cash flow of-$3.1M nearly matched free cash flow of-$3.1M , indicating the cash deficit primarily reflects ongoing operations rather than reinvestment.
Revenue fell
The balance sheet became less debt-heavy: total liabilities dropped from
Financial Health Signals
Reliance Global Group, Inc. Series A Warrants does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Reliance Global Group, Inc. Series A Warrants passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Reliance Global Group, Inc. Series A Warrants reported a net loss of $7.0M while operations used $3.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Reliance Global Group, Inc. Series A Warrants reported an operating loss of $9.0M against $1.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Reliance Global Group, Inc. Series A Warrants generated $3.8M in revenue in Q1 2026. This represents a decrease of 9.7% from the same quarter a year earlier. Against the prior quarter it is up 46.5%.
Reliance Global Group, Inc. Series A Warrants's EBITDA was -$935K in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.6% from the same quarter a year earlier. Against the prior quarter it is up 7.3%.
Reliance Global Group, Inc. Series A Warrants reported -$1.5M in net income in Q1 2026. This represents an increase of 15.3% from the same quarter a year earlier. Against the prior quarter it is down 6.3%.
Reliance Global Group, Inc. Series A Warrants earned -$0.09 per diluted share (EPS) in Q1 2026.
Cash & Balance Sheet
Reliance Global Group, Inc. Series A Warrants held $2.3M in cash against $3.9M in long-term debt as of Q1 2026.
Not reported for Q1 2026.
Not reported for Q1 2026.
Margins & Returns
Reliance Global Group, Inc. Series A Warrants's operating margin was -32.4% in Q1 2026, reflecting core business profitability. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 18.1 percentage points.
Reliance Global Group, Inc. Series A Warrants's net profit margin was -38.4% in Q1 2026, showing the share of revenue converted to profit. This is up 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 14.5 percentage points.
Reliance Global Group, Inc. Series A Warrants's ROE was -19.8% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is up 46.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.
Not reported for Q1 2026.
Capital Allocation
None of these metrics is reported for Q1 2026.
EZRAW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8M-9.7% | $2.6M-20.8% | $2.5M-27.5% | $3.1M-4.5% | $4.2M+3.8% | $3.3M-0.7% | $3.4M+5.1% | $3.2M+1.2% |
| SG&A Expenses | $1.4M-10.5% | $781K-24.3% | $1.1M+36.4% | $1.5M+50.5% | $1.5M+10.3% | $1.0M-2.5% | $822K-23.1% | $992K-11.9% |
| Operating Income | -$1.2M+11.9% | -$1.3M-31.4% | -$3.9M-664.4% | -$2.4M-106.9% | -$1.4M+72.0% | -$1.0M+89.5% | -$512K+64.3% | -$1.1M+37.6% |
| EBITDA | -$935K+10.6% | -$1.0M-56.5% | -$3.6M-3890.3% | -$2.0M-199.3% | -$1.0M+76.7% | -$645K+92.7% | -$90K+88.5% | -$677K+42.8% |
| Income Tax | $0 | N/A | $0 | N/A | $0 | N/A | $0 | $0 |
| Net Income | -$1.5M+15.3% | -$1.4M+1.1% | -$1.2M-38.1% | -$2.7M-82.0% | -$1.7M+67.5% | -$1.4M+84.5% | -$837K-502.4% | -$1.5M-41.1% |
| EPS (Basic) | -$0.09+86.4% | N/A | -$0.20+70.1% | -$0.85+69.2% | -$0.66+95.2% | N/A | -$0.67+14.1% | -$2.76+58.2% |
| EPS (Diluted) | -$0.09 | N/A | -$0.20 | -$0.85 | -$0.66 | N/A | -$0.67 | -$2.76 |
| Diluted Shares (Avg) | 17M | N/A | 6M | 3M | 3M | N/A | 1M | 539,133 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.
EZRAW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $13.8M-18.0% | $13.5M-21.8% | $15.7M-10.1% | $18.0M-1.8% | $16.8M-4.1% | $17.3M-24.8% | $17.4M-45.1% | $18.3M-47.4% |
| Current Assets | $4.5M+15.9% | $4.3M+7.1% | $5.0M+30.8% | $7.1M+64.5% | $3.9M+12.9% | $4.0M-8.9% | $3.8M-18.4% | $4.3M-39.4% |
| Cash & Equivalents | $2.3M+485.5% | $1.3M+253.0% | $2.6M+179.0% | $2.0M+39.2% | $388K-42.9% | $373K-72.0% | $925K-47.9% | $1.4M+10.3% |
| Goodwill | $4.8M-28.5% | $4.8M-28.5% | $5.6M-16.9% | $5.6M-16.9% | $6.7M0.0% | $6.7M0.0% | $6.7M-53.2% | $6.7M-53.2% |
| Total Liabilities | $6.4M-55.2% | $7.1M-50.3% | $8.9M-39.0% | $14.9M-3.4% | $14.2M-8.8% | $14.3M-9.8% | $14.6M-18.2% | $15.5M-29.3% |
| Current Liabilities | $1.9M-52.6% | $2.4M-32.9% | $3.4M+0.5% | $5.0M+34.9% | $3.9M+11.2% | $3.6M+12.0% | $3.4M-12.8% | $3.7M-23.5% |
| Non-Current Liabilities | $4.5M-56.1% | $4.7M-56.0% | $5.5M-51.0% | $9.9M-15.6% | $10.3M-14.6% | $10.7M-15.3% | $11.2M-19.7% | $11.7M-30.9% |
| Long-Term Debt | $3.9M-56.7% | $4.1M-57.1% | $4.6M-53.0% | $8.6M-16.1% | $9.1M-15.1% | $9.5M-14.1% | $9.9M-13.1% | $10.3M-12.1% |
| Total Equity | $7.4M+183.5% | $6.4M+114.4% | $6.7M+139.1% | $3.1M+6.7% | $2.6M+33.4% | $3.0M-58.1% | $2.8M-79.7% | $2.9M-77.8% |
| Retained Earnings | -$56.5M-13.5% | -$55.1M-14.5% | -$53.7M-15.0% | -$52.5M-14.6% | -$49.8M-12.3% | -$48.1M-23.3% | -$46.7M-55.7% | -$45.8M-53.6% |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments.
EZRAW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$571K-388.7% | -$1.6M-87.4% | -$814K-7.4% | -$853K-24.4% | $198K+196.8% | -$867K-4.4% | -$758K-138.1% | -$685K+27.3% |
| Depreciation & Amortization | $304K-15.6% | $311K-13.6% | $314K-25.6% | $346K-26.3% | $361K-32.5% | $360K-52.5% | $422K-35.4% | $470K-28.3% |
| Stock-Based Compensation | $16K-98.4% | N/A | $2.7M+21329.2% | N/A | $975K+5151.5% | N/A | $13K-54.0% | $246K+594.9% |
| Capital Expenditures | N/A | $0-100.0% | $6K+74.5% | $4K+37.2% | $5K-56.9% | $5K+214.5% | $4K-55.5% | $3K-51.1% |
| Free Cash Flow | N/A | -$1.6M-86.3% | -$821K-7.7% | -$857K-24.5% | $193K+188.8% | -$872K-4.8% | -$762K-138.5% | -$688K+27.4% |
| Investing Cash Flow | -$500K-3245.8% | $1.0M+4349.4% | $4.3M+19495.0% | -$12K-72.0% | -$15K+49.2% | -$24K-191.2% | -$22K-34.5% | -$7K-100.9% |
| Financing Cash Flow | $1.6M+1031.7% | -$185K-155.2% | -$3.4M-1158.9% | $2.4M+74.1% | -$169K+56.9% | $336K-14.1% | $319K+121.7% | $1.4M+282.8% |
| Dividends Paid | $131K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
EZRAW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -32.4%+0.8pp | -50.5%-20.1pp | -156.8% | -76.8%-41.4pp | -33.2% | -30.5% | -14.9%+28.9pp | -35.5%+22.1pp |
| Net Margin | -38.4%+2.6pp | -53.0%-10.5pp | -46.3%-22.0pp | -87.8%-41.8pp | -41.0% | -42.4% | -24.3%-20.1pp | -46.1%-13.0pp |
| Return on Equity | -19.8%+46.5pp | -21.5%+25.1pp | -17.2%+12.5pp | -88.0%-36.4pp | -66.4%+206.2pp | -46.7%+79.7pp | -29.7%-28.7pp | -51.5%-43.4pp |
| Return on Assets | -10.7%-0.4pp | -10.2%-2.1pp | -7.4%-2.6pp | -15.0%-6.9pp | -10.3%+20.2pp | -8.1%+31.1pp | -4.8%-4.4pp | -8.1%-5.1pp |
| Current Ratio | 2.40+1.4x | 1.78+0.7x | 1.47+0.3x | 1.42+0.3x | 0.980.0x | 1.12-0.3x | 1.13-0.1x | 1.16-0.3x |
| Debt-to-Equity | 0.53-2.9x | 0.63-2.5x | 0.69-2.8x | 2.80-0.8x | 3.46-2.0x | 3.16+1.6x | 3.51+2.7x | 3.56+2.7x |
| Asset Turnover | 0.280.0x | 0.190.0x | 0.160.0x | 0.170.0x | 0.250.0x | 0.190.0x | 0.20+0.1x | 0.18+0.1x |
| FCF Margin | N/A | -62.2%-35.8pp | -32.9%-10.8pp | -27.8%-6.5pp | 4.5%+9.8pp | -26.5%-1.4pp | -22.1%-82.6pp | -21.3%+8.4pp |
Not reported in any period shown, so not listed: Gross Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin.
Where Reliance Global Group, Inc. Series A Warrants Ranks
Frequently Asked Questions
What is Reliance Global Group, Inc. Series A Warrants's annual revenue?
Reliance Global Group, Inc. Series A Warrants (EZRAW) reported $12.4M in total revenue for fiscal year 2025. This represents a -11.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Reliance Global Group, Inc. Series A Warrants's revenue growing?
Reliance Global Group, Inc. Series A Warrants (EZRAW) revenue declined by 11.6% year-over-year, from $14.1M to $12.4M in fiscal year 2025.
Is Reliance Global Group, Inc. Series A Warrants profitable?
No, Reliance Global Group, Inc. Series A Warrants (EZRAW) reported a net income of -$7.0M in fiscal year 2025, with a net profit margin of -56.2%.
What is Reliance Global Group, Inc. Series A Warrants's EBITDA?
Reliance Global Group, Inc. Series A Warrants (EZRAW) had EBITDA of -$7.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Reliance Global Group, Inc. Series A Warrants have?
As of fiscal year 2025, Reliance Global Group, Inc. Series A Warrants (EZRAW) had $1.3M in cash and equivalents against $4.1M in long-term debt.
What is Reliance Global Group, Inc. Series A Warrants's operating margin?
Reliance Global Group, Inc. Series A Warrants (EZRAW) had an operating margin of -72.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Reliance Global Group, Inc. Series A Warrants's net profit margin?
Reliance Global Group, Inc. Series A Warrants (EZRAW) had a net profit margin of -56.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Reliance Global Group, Inc. Series A Warrants's return on equity (ROE)?
Reliance Global Group, Inc. Series A Warrants (EZRAW) has a return on equity of -108.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Reliance Global Group, Inc. Series A Warrants's free cash flow?
Reliance Global Group, Inc. Series A Warrants (EZRAW) recorded an outflow of $3.1M in free cash flow during fiscal year 2025. This represents a -22.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Reliance Global Group, Inc. Series A Warrants's operating cash flow?
Reliance Global Group, Inc. Series A Warrants (EZRAW) recorded an outflow of $3.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Reliance Global Group, Inc. Series A Warrants's total assets?
Reliance Global Group, Inc. Series A Warrants (EZRAW) had $13.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Reliance Global Group, Inc. Series A Warrants's capital expenditures?
Reliance Global Group, Inc. Series A Warrants (EZRAW) invested $16K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Reliance Global Group, Inc. Series A Warrants's current ratio?
Reliance Global Group, Inc. Series A Warrants (EZRAW) had a current ratio of 1.78 as of fiscal year 2025, which is generally considered healthy.
What is Reliance Global Group, Inc. Series A Warrants's debt-to-equity ratio?
Reliance Global Group, Inc. Series A Warrants (EZRAW) had a debt-to-equity ratio of 0.63 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Reliance Global Group, Inc. Series A Warrants's return on assets (ROA)?
Reliance Global Group, Inc. Series A Warrants (EZRAW) had a return on assets of -51.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Reliance Global Group, Inc. Series A Warrants's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Reliance Global Group, Inc. Series A Warrants (EZRAW) held $1.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $3.1M over that year. Dividing the one by the other, the reported balance equals about 5 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Reliance Global Group, Inc. Series A Warrants's Piotroski F-Score?
Reliance Global Group, Inc. Series A Warrants (EZRAW) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Reliance Global Group, Inc. Series A Warrants's earnings high quality?
Reliance Global Group, Inc. Series A Warrants (EZRAW) reported a net loss of $7.0M while operations used $3.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Reliance Global Group, Inc. Series A Warrants cover its interest payments?
Reliance Global Group, Inc. Series A Warrants (EZRAW) reported an operating loss of $9.0M against $1.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.