OLB Group, Inc. Gross Margin

Gross Margin of OLB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.

Highlights and Quick Summary

  • Gross Margin for the quarter ending December 30, 2020 was 28.07% (a 130.46% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin increased by 152.88%
  • Annual Gross Margin for 2020 was 15.92% (a 29.64% increase from previous year)
  • Annual Gross Margin for 2019 was 12.28% (a 2.16% increase from previous year)
  • Annual Gross Margin for 2018 was 12.02% (a -106.14% decrease from previous year)
  • Twelve month Gross Margin ending December 30, 2020 was 15.92% (a 24.76% increase compared to previous quarter)
Trailing Gross Margin for the last four month:
30 Dec '20 29 Sep '20
15.92% 12.76%
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Historical Gross Margin of OLB Group, Inc.

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

Interactive Chart of Gross Margin of OLB Group, Inc.

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

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 28.07% 12.18% 9.25% 11.1% 15.92%
2019 17.57% 12.28%
2018 12.02%
2017 -195.87%
2016 74.82%

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.