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Year on year Reliance Global Group Inc had net income fall from a gain of 6.47m to a loss of 12.01m despite a 16.75% increase in revenues from 11.76m to 13.73m. An increase in the cost of goods sold as a percentage of sales from 26.70% to 27.18% was a component in the falling net income despite rising revenues.
Gross margin | 71.32% |
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Net profit margin | -114.02% |
Operating margin | -123.73% |
Return on assets | -59.61% |
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Return on equity | -231.24% |
Return on investment | -71.08% |
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Cash flow in USDView more
In 2023, Reliance Global Group Inc increased its cash reserves by 43.42%, or 829.14k. Cash Flow from Financing totalled 966.92k or 7.04% of revenues. In addition the company used 847.97k for operations while cash from investing totalled 710.19k.
Cash flow per share | -40.57 |
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Price/Cash flow per share | -- |
Book value per share | 2.79 |
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Tangible book value per share | -9.60 |
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Balance sheet in USDView more
Current ratio | 1.16 |
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Quick ratio | -- |
Total debt/total equity | 4.49 |
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Total debt/total capital | 0.8179 |
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