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Reliance Global Group (Reliance Global Group) Other Net Income (Loss) : $-2.10 Mil (TTM As of Dec. 2023)


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What is Reliance Global Group Other Net Income (Loss)?

Reliance Global Group's Other Net Income (Loss) for the three months ended in Dec. 2023 was $-0.14 Mil. Its Other Net Income (Loss) for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.10 Mil.

Reliance Global Group's quarterly Other Net Income (Loss) declined from Jun. 2023 ($2.82 Mil) to Sep. 2023 ($0.00 Mil) and declined from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($-0.14 Mil).

Reliance Global Group's annual Other Net Income (Loss) declined from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($-15.10 Mil) but then increased from Dec. 2022 ($-15.10 Mil) to Dec. 2023 ($-1.99 Mil).


Reliance Global Group Other Net Income (Loss) Historical Data

The historical data trend for Reliance Global Group's Other Net Income (Loss) can be seen below:

* 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.

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Reliance Global Group Other Net Income (Loss) Chart

Reliance Global Group Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Dec19 Dec20 Dec21 Dec22 Dec23
Other Net Income (Loss)
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -15.10 -1.99

Reliance Global Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Net Income (Loss) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.70 -4.77 2.82 - -0.14

Reliance Global Group Other Net Income (Loss) Calculation

Different companies can and do choose to report each of income statement items separately. Yet, there are a variety of items which are simply too numerous to list. Therefore GuruFocus uses a standardized financial statement format for all companies. Other Net Income (Loss) may include but is not limited to items such as net income (loss) from discontinuing operations, extraordinary, earnings from equity interest net of tax, etc. After-tax income and Other Net Income (Loss) together constitute Net Income Including Noncontrolling Interests.

Other Net Income (Loss) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.10 Mil.

* 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.


Reliance Global Group Other Net Income (Loss) 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