Reliance Global Group Q2 FY26 net loss narrows 26% to $2 million

Reuters2026/07/30 21:03

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Reliance Global Group posted a Q2 net loss attributable to shareholders of $2 million, narrowing about 26% from a year earlier.
Commission income fell to $2.1 million from Q2 2025, reflecting divestitures of non-core operations despite organic growth in retained businesses.
Operating expenses dropped about 28% year over year, with salaries and wages down to $1.5 million from Q2 2025.
Non-GAAP adjusted EBITDA loss widened to $1.1 million from Q2 2025, on lower non-cash share-based compensation adjustments.
Launched a proprietary AI agent for secure browser automation, starting deployment across insurance operations to streamline workflows and improve customer service.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reliance Global Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301625PRIMZONEFULLFEED9801274) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Reliance Global Group Q2 FY26 net loss narrows 26% to $2 million

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