Filing Flows › Reliance Global Group (EZRA) › Q1 2025
Reliance Global Group (EZRA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Reliance Global Group (EZRA) reported revenue of $4.2M for the first quarter 2025 (Q1 2025), +4% from a year earlier and +28% from the quarter before. Operating margin was -33.2%, net loss $1.7M (41.0% of revenue).
Reliance Global Group, Q1 2025: revenue $4.2M (+4% year over year), operating margin -33.2%, net loss $1.7M, operating cash flow $198K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.2M | +28% | +4% |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$1.7M | — | — |
| Operating cash flow | $198K | — | — |
| Free cash flow | $193K | — | — |
What changed
Revenue was $4.2M in Q1 2025, up 4% year over year and up 28% from the previous quarter.
Operating costs exceeded revenue by $1.4M, an operating margin of -33.2%. Total costs fell 38% while revenue rose 4%. The fastest-growing cost line was General & admin (+10%). The quarter ended with a net loss of $1.7M, wider than the previous quarter's $1.4M loss.
Operating cash flow was $198K. Non-cash charges added back $361K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $599K. Capital expenditures of $5K left free cash flow of $193K.
Questions
What was Reliance Global Group's revenue in the first quarter 2025?
Reliance Global Group (EZRA) reported revenue of $4.2M for the first quarter 2025 (Q1 2025), +4% from a year earlier and +28% from the quarter before.
Was Reliance Global Group profitable in the first quarter 2025?
Operating loss was $1.4M (-33.2% of revenue) and net loss $1.7M.