Reliance Historical Income Statement
RELIW Stock | USD 0.06 0.00 0.000004% |
Historical analysis of Reliance Global income statement accounts such as Gross Profit of 1.5 M, Other Operating Expenses of 22.8 M, Cost Of Revenue of 12 M or Total Operating Expenses of 5.4 M can show how well Reliance Global Group performed in making a profits. Evaluating Reliance Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Reliance Global's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Reliance Global Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Reliance Global Group is a good buy for the upcoming year.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. About Reliance Income Statement Analysis
Reliance Global Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Reliance Global shareholders. The income statement also shows Reliance investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Reliance Global Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Reliance Global Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Reliance Global Group. It is also known as Reliance Global overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Reliance Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Reliance Global Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Reliance Global's Selling And Marketing Expenses is fairly stable compared to the past year. Total Revenue is likely to climb to about 14.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 2.6 M in 2025.
2022 | 2023 | 2024 | 2025 (projected) | Total Operating Expenses | 12.1M | 16.4M | 10.3M | 5.4M | Cost Of Revenue | 12.0M | 11.2M | 11.4M | 12.0M |
Reliance Global income statement Correlations
Click cells to compare fundamentals
Reliance Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Reliance Global income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Depreciation And Amortization | 10.9M | 30.5M | 228.5K | 2.6M | 1.8M | 1.7M | |
Selling General Administrative | 4.2M | 3.6M | 6.7M | 4.1M | 4.2M | 2.6M | |
Selling And Marketing Expenses | 168.8K | 325.8K | 2.6M | 365.0K | 357.7K | 553.0K | |
Total Revenue | 7.3M | 9.7M | 16.8M | 13.7M | 14.1M | 14.8M | |
Gross Profit | 2.1M | 2.6M | 4.8M | 2.5M | 2.6M | 1.5M | |
Other Operating Expenses | 10.9M | 12.6M | 24.1M | 27.6M | 21.7M | 22.8M | |
Operating Income | (3.6M) | 14.7M | (7.3M) | (13.9M) | (7.7M) | (7.3M) | |
Ebit | (13.2M) | (31.8M) | (19.4M) | (8.4M) | (7.5M) | (7.9M) | |
Ebitda | (2.3M) | (1.3M) | (19.2M) | (5.8M) | (5.7M) | (5.4M) | |
Cost Of Revenue | 5.2M | 7.1M | 12.0M | 11.2M | 11.4M | 12.0M | |
Total Operating Expenses | 5.7M | 5.5M | 12.1M | 16.4M | 10.3M | 5.4M | |
Income Before Tax | (3.7M) | (21.1M) | 6.5M | (10.0M) | (9.1M) | (8.6M) | |
Net Income | (3.2M) | (38.8M) | 34.6M | (12.0M) | (9.1M) | (8.6M) | |
Total Other Income Expense Net | (54.6K) | (18.2M) | 13.8M | 3.9M | (1.4M) | (1.3M) | |
Income Tax Expense | (3.0M) | (508.7K) | 17.7M | (28.2M) | (25.3M) | (24.1M) | |
Research Development | 0.79 | 0.5 | 2.17 | 1.83 | 1.65 | 1.56 | |
Net Income From Continuing Ops | (3.7M) | (21.1M) | 6.5M | (21.0M) | (9.1M) | (9.5M) | |
Reconciled Depreciation | 1.3M | 1.6M | 2.8M | 2.9M | 1.8M | 1.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Reliance Stock Analysis
When running Reliance Global's price analysis, check to measure Reliance Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Global is operating at the current time. Most of Reliance Global's value examination focuses on studying past and present price action to predict the probability of Reliance Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Global's price. Additionally, you may evaluate how the addition of Reliance Global to your portfolios can decrease your overall portfolio volatility.