Reliance Global Group Reports 2025 Results and Provides Strategic Update on Scale51 Initiative and Launch of EZRA International Group

Core Viewpoint - Reliance Global Group, Inc. is advancing its Scale51 initiative, focusing on technology-driven sectors, highlighted by the acquisition of Enquantum Ltd., a post-quantum cybersecurity company, and the launch of EZRA International Group to identify and scale innovative technology companies [2][4][5]. Financial Performance - For the year ended December 31, 2025, Reliance reported a commission income of $12.4 million, a decrease of 12% from $14.1 million in 2024, primarily due to strategic divestitures [12]. - The company improved its net loss to $7.0 million in 2025 from $9.1 million in 2024, reflecting gains from business sales and the absence of prior asset impairment charges [12]. - Unrestricted cash increased by approximately $0.9 million, or 250%, to $1.3 million as of December 31, 2025, compared to $0.4 million in 2024 [12]. - Working capital improved by approximately $1.5 million, or 351%, to $1.9 million as of December 31, 2025 [12]. Strategic Initiatives - The Scale51 initiative aims to build a diversified operating platform by combining established insurance operations with technology-driven growth initiatives [5][6]. - The company completed an investment in Enquantum Ltd., establishing a pathway for majority control of a post-quantum cybersecurity platform [6][7]. - Reliance signed a non-binding term sheet to acquire a majority stake in Scentech Medical, an AI-based diagnostics company, which would position the company in the rapidly evolving field of AI-driven medical diagnostics [7][8]. Operational Developments - The company streamlined operations and strengthened its balance sheet through strategic divestitures, including the sale of Fortman Insurance Services, which allowed for significant debt reduction [10][12]. - Reliance's insurance and InsurTech operations generated over $12 million in commission income during 2025, providing a stable foundation for expansion into technology sectors [9][12]. Future Outlook - Management intends to continue identifying opportunities to expand its technology platform through EZRA International Group while maintaining disciplined capital allocation [11].