财务数据和关键指标变化 - 公司收入(佣金收入)增加4%至4.1百万美元,主要由于持续的有机增长 [26] - 佣金费用增加18%至1.3百万美元,主要由于佣金收入增长带来的影响 [26] - 工资和薪酬略有增加4% [27] - 一般及行政费用增加537,000美元至1.4百万美元,主要由于收购成本和合规成本的增加 [27] - 净亏损增加3.5百万美元至5.3百万美元,主要由于计提3.9百万美元的无形资产减值 [28] - 调整后EBITDA为负74,000美元,预计将随着斯佩特纳收购的完成而改善 [29] 各条业务线数据和关键指标变化 - 公司未具体披露各业务线的数据和指标变化 各个市场数据和关键指标变化 - 公司未具体披露各市场的数据和指标变化 公司战略和发展方向及行业竞争 - 公司正在实施"一体化"战略,整合旗下9家代理公司,预计将显著提升收入和盈利能力 [10][11] - 公司宣布收购Spetner Associates,这是公司历史上最重要的收购,将大幅提升公司的实力和市场地位 [11][12][13][18][19][20] - Spetner的BenManage业务为公司带来创新的福利解决方案,有助于提升公司的服务能力和竞争优势 [14][15][17] - 收购Spetner预计将使公司收入增加一倍至约28百万美元,EBITDA增加4百万美元 [16][17] - 公司致力于通过技术创新和战略收购,将自身打造成为一家利润丰厚、市值数十亿美元的领先企业 [19][20][21][22] 管理层对经营环境和未来前景的评论 - 管理层对公司未来前景充满信心,认为收购Spetner将是公司发展的关键转折点 [10][11][12][13][18][19][20][21][22][23] - 管理层表示收购Spetner将大幅提升公司的市场地位、服务能力和增长动力 [13][16][17][18][19][20] - 管理层强调公司的使命是通过技术创新和战略收购来重塑行业格局,成为行业的领导者 [18][19][20][21][22] 问答环节重要的提问和回答 问题1 **Unidentified Analyst 提问** - 收购Spetner的预计完成时间以及2024财年预计贡献的收入和EBITDA [32][33][34][35][36][37][38][39] **Ezra Beyman 回答** - 预计在第三季度完成收购 - 2024财年预计贡献收入约7百万美元,EBITDA约2百万美元 [33][37][39] 问题2 **Unidentified Analyst 提问** - 收购Spetner的财务条款,以及对公司资产负债表的影响 [40][41][42][43][44][45][46][47] **Joel Markovits 回答** - 收购对价约13.7百万美元,现金8百万美元,剩余部分为承兑票据 - 收购完成后,公司资产将大幅增加,主要来自Spetner的应收账款和无形资产 - 负债方面,除承兑票据外,其他负债预计不会有太大变化 [44][45][46][47] 问题3 **Unidentified Analyst 提问** - 公司"一体化"战略的进展情况 [51] **Ezra Beyman 回答** - 已在整合承保合同、统一代理管理系统、优化供应商合同等方面取得进展 - 通过统一团队和系统,提高了跨部门协作,增强了企业文化和员工满意度 [52][53][54]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40020 RELIANCE GLOBAL GROUP, INC. (Exact name of registrant as specified in its charter) Florida 46-3390293 (State or other ju ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 20, 2024 RELIANCE GLOBAL GROUP, INC. (Exact Name of Registrant as Specified in Its Charter) Florida 001-40020 46-3390293 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No. ) 300 Blvd. of the Americas, Suite 105 Lakewood, New Jersey 08701 ...

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 o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number: 001-40020 RELIANCE GLOBAL GROUP, INC. (Exact name of registrant as specified in its charter) Florida 46-3390293 (State or other jurisdi ...

Reliance Global Group, Inc. (NASDAQ:RELI) Q3 2023 Earnings Call Transcript November 13, 2023 4:30 PM ET Company Participants Ted Ayvas - IR Ezra Beyman - Chairman and CEO Joel Markovits - CFO Conference Call Participants Mike Albanese - EF Hutton Operator Greetings. Welcome to the Reliance Global Third Quarter 2023 Financial Results and Business Update Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instr ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40020 RELIANCE GLOBAL GROUP, INC. (Exact name of registrant as specified in its charter) Florida 46-3390293 (State or othe ...

Reliance Global Group, Inc. (NASDAQ:RELI) Q2 2023 Earnings Conference Call August 10, 2023 12:00 PM ET Company Participants Theodore Ayvas - Investor Relations, Crescendo Communications Ezra Beyman - Chairman and Chief Executive Officer Grant Barra - Senior Vice President of Operations Moshe Fishman - Director of Insurtech and Operations Joel Markovits - Chief Financial Officer Conference Call Participants Michael Albanese - EF Hutton Operator Greetings. Welcome to the Reliance Global Second Quarter 2023 Fi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40020 RELIANCE GLOBAL GROUP, INC. (Exact name of registrant as specified in its charter) Florida 46-3390293 (State or other jur ...

Reliance Global Group, Inc. (NASDAQ:RELI) Q1 2023 Results Conference Call May 18, 2023 4:30 PM ET Company Participants Theodore Ayvas - VP, Crescendo Communications Ezra Beyman - Chairman & Chief Executive Office Joel Markovits - Chief Financial Officer Conference Call Participants Edward Reily - EF Hutton Elon Friedman - VKC Fund Operator Greetings, and welcome to the Reliance Global First Quarter 2023 Financial Results and Business Update Conference Call. At this time, all participants are in a listen-onl ...