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Reliance Global Group (Reliance Global Group) Profitability Rank : 3 (As of Dec. 2023)


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What is Reliance Global Group Profitability Rank?

Reliance Global Group has the Profitability Rank of 3. It has had trouble to make a profit.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Reliance Global Group's Operating Margin % for the quarter that ended in Dec. 2023 was -8.73%. As of today, Reliance Global Group's Piotroski F-Score is 3.


Competitive Comparison of Reliance Global Group's Profitability Rank

For the Insurance Brokers subindustry, Reliance Global Group's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reliance Global Group's Profitability Rank Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Reliance Global Group's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Reliance Global Group's Profitability Rank falls into.



Reliance Global Group Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Reliance Global Group has the Profitability Rank of 3. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Reliance Global Group's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-0.29 / 3.321
=-8.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Reliance Global Group has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Reliance Global Group Inc operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Reliance Global Group Profitability Rank Related Terms

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Reliance Global Group (Reliance Global Group) Business Description

Traded in Other Exchanges
N/A
Address
300 Boulevard of the Americas, Suite 105, Lakewood, NJ, USA, 08701
Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. The company focuses on growing by pursuing an acquisition strategy, initially and primarily focused on wholesale and retail insurance agencies. Its primary strategy is to identify specific risks to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations, and achieve asset value appreciation while generating interim cash flows. It generates revenue in the form of commissions.
Executives
Yaakov Beyman officer: Executive VP, Insurance 300 BLVD. OF THE AMERICAS, SUITE 105, LAKEWOOD NJ 08701
Ezra Beyman officer: CEO 300 BLVD OF THE AMERICAS, SUITE 105, LAKEWOOD NJ 08701
Scott Korman director C/O NASHONE, INC., 175 ELM ROAD, ENGLEWOOD NJ 07361
William Y. Lebovics officer: Chief Financial Officer 300 BLVD. OF THE AMERICAS, SUITE 105, LAKEWOOD NJ 08701
Joel Markovits officer: Chief Accounting Officer 300 BLVD. OF THE AMERICAS, SUITE 105, LAKEWOOD NJ 08701
Reliance Global Holdings Llc officer: CEO 300 BLVD. OF THE AMERICAS., SUITE 105, LAKEWOOD NJ 08701
Miriam Spitz other: Director of Investor Services 18 SCENIC DRIVE, SUFFERN NY 10901
Alex Blumenfrucht officer: CFO 517 REYNOLDS AVE, TOMS RIVER NJ 08755
Jack Namer director, 10 percent owner, officer: Chief Executive Officer 1500 NW 65TH AVENUE PLANTATION FL 33313
Amy M. Nalewaik 10 percent owner 1500 NW 65TH AVENUE PLANTATION FL 33313