Reliance Global Group's revenue for the
three
months ended in Dec. 2023 was $3.32 Mil.
Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $13.73 Mil.
Reliance Global Group's Revenue per Share for the
three
months ended in Dec. 2023 was $0.84.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.90.
Warning Sign:
Reliance Global Group Inc revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Reliance Global Group was -54.70% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -42.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 10 years, Reliance Global Group's highest 3-Year average Revenue per Share Growth Rate was 211.70% per year. The lowest was -44.10% per year. And the median was 33.00% per year.
* 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.
Competitive Comparison of Reliance Global Group's Revenue
For the Insurance Brokers subindustry, Reliance Global Group's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Reliance Global Group's Revenue distribution charts can be found below:
* The bar in red indicates where Reliance Global Group's Revenue falls into.
Reliance Global Group Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue 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 $13.73 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 (NAS:RELI) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
Reliance Global Group Revenue Related Terms
Thank you for viewing the detailed overview of Reliance Global Group's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Reliance Global Group (Reliance Global Group) Business Description
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.
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