Reliance Global Group vs Roadzen
Roadzen is the larger business, with $55.0m of revenue in fiscal 2026 against $12.4m for Reliance Global Group (4.4 times as much). Roadzen grew faster (24.2% against -11.6%). Roadzen kept more of each dollar of sales as profit: a net margin of -40.9% against -56.2%.
| Latest fiscal year | Reliance Global GroupEZRA, 2025 | RoadzenRDZN, 2026 |
|---|---|---|
| Revenue | $12.4m | $55.0m |
| Revenue growth | -11.6% | 24.2% |
| Net income | −$7.0m | −$22.5m |
| Operating margin | -72.5% | — |
| Net margin | -56.2% | -40.9% |
| Return on equity | -148.3% | — |
| Free cash flow | −$3.1m | −$21.3m |
| Cash | — | $6.6m |
| Total debt | $5.2m | $33.3m |
| Debt to equity | 81.5% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 40 | 458 |
| Market value | $2.0m | $87.6m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 1 buys, 7 sales | 3 buys, 0 sales |