OLB Group, Inc. Gross Profit

Gross Profit of OLB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Profit growth rates and interactive chart. Gross profit is a company's net sales revenue minus its cost of goods sold (or cost of revenue). In other words, it is the sales revenue a company retains after incurring the direct costs associated with producing the goods it sells, and the services it provides.


Highlights and Quick Summary

  • Gross Profit for the quarter ending December 30, 2020 was $799 Thousand (a 184.2% increase compared to previous quarter)
  • Year-over-year quarterly Gross Profit increased by 175.19%
  • Annual Gross Profit for 2020 was $1.55 Million (a 22.99% increase from previous year)
  • Annual Gross Profit for 2019 was $1.26 Million (a 16.6% increase from previous year)
  • Annual Gross Profit for 2018 was $1.08 Million (a -400.83% decrease from previous year)
  • Twelve month Gross Profit ending December 30, 2020 was $1.55 Million (a 27.42% increase compared to previous quarter)
Trailing Gross Profit for the last four month:
30 Dec '20 29 Sep '20
$1.55 Million $1.22 Million
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Historical Gross Profit of OLB Group, Inc.

Most recent Gross Profitof OLB including historical data for past 10 years.

Interactive Chart of Gross Profit of OLB Group, Inc.

OLB Group, Inc. Gross Profit for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $0.8 $0.28 $0.19 $0.29 $1.55
2019 $0.46 $1.26
2018 $1.08
2017 $-0.36
2016 $0.06

Business Profile of OLB Group, Inc.

Sector: Technology
Industry: Software—Application
The OLB Group, Inc. operates as a FinTech and payment facilitator company in the United States. It offers OmniSoft, a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses; eVance, a payment processing solution; SecurePay, a payment gateway and virtual terminal with proprietary business management tools; and CrowdPay.us, a white label capital raising platform. The company also operates ShopFast, a cloud-based omni-channel softwares. In addition, it provides ecommerce development and consulting services. The company was incorporated in 1993 and is headquartered in New York, New York.