Reliance Global Group, Inc. (EZRA) Income Statement
EZRA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsEZRA revenue and net income
Where EZRA's revenue goes
2025Each bar shows an amount and its share of revenue. EZRA kept −56.2% of revenue as net income.
EZRA profit margins
EZRA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −11.6% | +1.9% | +11.2% | +66.6% |
| Gross profit | −194.5% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EZRA quarterly EPS vs estimates
EZRA income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.4M | $14.1M | $13.7M | $11.8M | $9.7M | $7.3M | $4.5M | $20,650 | $39,068 | $18,900 |
| Cost of revenue | $14.9M | $11.4M | $11.2M | $10.6M | $7.1M | $5.2M | $3.0M | $101,894 | $3,075 | $19,041 |
| Gross profit | −$2.5M | $2.6M | $2.5M | $1.1M | $2.6M | $2.1M | $1.4M | −$81,244 | $35,993 | −$141 |
| Research & development | — | — | — | — | — | — | — | $20 | $49,000 | $44 |
| Sales, general & admin | $5.2M | $4.6M | $4.5M | $5.1M | $3.9M | $4.4M | $3.8M | $832,752 | $128,149 | $487,008 |
| Total operating expenses | $6.5M | $10.3M | $16.4M | $18.3M | $5.5M | $5.7M | $4.5M | $1.4M | $501,316 | $833,405 |
| Operating income | −$9.0M | −$7.7M | −$13.9M | −$6.6M | −$2.9M | −$3.6M | −$3.1M | $88,419 | −$960,564 | −$833,546 |
| Interest expense | $1.0M | $1.6M | $1.7M | $918,026 | — | — | — | — | $179,659 | — |
| Income before taxes | −$7.0M | −$9.1M | −$10.0M | $21.6M | −$21.1M | −$3.7M | −$3.5M | −$961,620 | −$2.6M | −$833,546 |
| Income taxes | — | — | — | — | — | — | — | −$1.1M | — | — |
| Net income | −$7.0M | −$9.1M | −$12.0M | $6.5M | −$21.1M | −$3.7M | −$3.5M | $421,751 | −$2.6M | −$833,546 |
| EBITDA | −$7.7M | −$5.7M | −$5.8M | $25.0M | −$1.5M | −$2.3M | −$2.4M | −$491,790 | −$141,156 | −$487,149 |
| EPS (diluted) | −$73.63 | −$1793.00 | −$409.90 | −$6894.05 | −$1255.86 | −$10074.99 | — | −$6823.24 | −$56383.68 | −$22668.95 |
| Gross margin | −20.0% | 18.8% | 18.2% | 9.5% | 26.9% | 28.4% | 32.1% | −393.4% | 92.1% | −0.7% |
| Operating margin | −72.5% | −54.8% | −101.1% | −55.9% | −30.0% | −49.7% | −69.7% | 428.2% | −2,458.7% | −4,410.3% |
| Net margin | −56.2% | −64.5% | −87.5% | 55.0% | −217.3% | −50.4% | −78.5% | 2,042.4% | −6,599.8% | −4,410.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M | $3.8M | $1.7M | $2.5M | $3.1M | $4.2M | $3.3M | $3.4M | $3.2M | $4.1M | $3.3M | $3.2M |
| Cost of revenue | $1.3M | $3.2M | −$12.2M | $4.9M | $3.6M | $3.7M | $2.9M | $2.6M | $2.8M | $3.1M | $2.6M | $2.6M |
| Gross profit | $777,873 | $631,864 | $2.3M | −$2.4M | −$465,616 | $536,956 | $440,417 | $831,475 | $391,826 | $974,234 | $675,884 | $595,567 |
| Sales, general & admin | $1.3M | $1.6M | $857,980 | $1.2M | $1.6M | $1.6M | $1.1M | $921,693 | $1.1M | $1.5M | $1.2M | $1.2M |
| Total operating expenses | $2.5M | $1.9M | $8.3M | $1.5M | $1.9M | $1.9M | $1.4M | $1.3M | $1.5M | $6.0M | $2.1M | $2.4M |
| Operating income | −$1.8M | −$1.2M | −$1.3M | −$3.9M | −$2.4M | −$1.4M | −$1.0M | −$511,977 | −$1.1M | −$5.0M | −$1.4M | −$1.8M |
| Interest expense | $124,659 | $126,333 | $418,801 | $246,722 | $318,988 | $325,242 | $378,708 | $391,122 | $403,495 | $410,286 | $419,037 | $422,058 |
| Income before taxes | −$2.0M | −$1.5M | −$1.4M | −$1.2M | −$2.7M | −$1.7M | −$1.4M | −$837,314 | −$1.5M | −$5.3M | −$139,004 | −$3.9M |
| Net income | −$2.0M | −$1.5M | −$1.4M | −$1.2M | −$2.7M | −$1.7M | −$1.4M | −$837,314 | −$1.5M | −$5.3M | −$139,004 | −$1.1M |
| EBITDA | −$1.6M | −$1.0M | $5.5M | −$591,463 | −$2.0M | −$1.1M | −$659,135 | −$24,433 | −$616,111 | −$4.4M | $932,872 | −$2.7M |
| EPS (diluted) | −$3.27 | −$3.46 | −$5.20 | −$7.94 | −$33.90 | −$26.59 | −$24.85 | −$26.73 | −$110.50 | −$553.47 | −$31.28 | −$264.16 |
| Gross margin | 36.9% | 16.5% | 138.6% | −96.6% | −15.1% | 12.7% | 13.4% | 24.2% | 12.1% | 23.9% | 20.6% | 18.6% |
| Operating margin | −86.4% | −32.4% | −78.2% | −156.8% | −76.8% | −33.2% | −30.5% | −14.9% | −35.5% | −123.3% | −43.8% | −57.5% |
| Net margin | −94.3% | −38.4% | −81.9% | −46.3% | −87.8% | −41.0% | −42.4% | −24.3% | −46.1% | −131.0% | −4.2% | −33.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EZRA's financial statements (latest annual report filed March 10, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EZRA financial results
In fiscal year 2025 (ended December 31, 2025), Reliance Global reported revenue of $12.4 million, down 11.6% from the year before. It had a net loss of $7.0 million, a net profit margin of −56.2%. Diluted earnings per share came to −$73.63. Over five years revenue grew at an average rate of 11.2% a year.
See the EZRA stock overview for the latest quote and news, or the EZRA chart for price history and technical indicators.
EZRA income statement FAQ
What is Reliance Global's annual revenue?
Reliance Global reported total revenue of $12.4 million for fiscal year 2025, which ended on December 31, 2025. That was down 11.6% from $14.1 million the previous year.
Is Reliance Global profitable?
No. Reliance Global reported a net loss of $7.0 million in fiscal 2025, a net profit margin of −56.2%; its operating margin was −72.5%.
What is Reliance Global's gross margin?
Reliance Global's gross margin was −20.0% in fiscal 2025: for every $100 of revenue, Reliance Global kept $-20 after the direct cost of its products and services.
How fast is Reliance Global growing?
Revenue grew 11.2% a year on average over the last five fiscal years, from $7.3 million to $12.4 million.
What are Reliance Global's earnings per share?
Reliance Global earned $-73.63 per diluted share in fiscal 2025, compared with $-1793.00 a year earlier.
When does Reliance Global's fiscal year end?
Reliance Global's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 10, 2026.