OLB Group, Inc. Goodwill and Intangible Assets (Total)

Goodwill and Intangible Assets (Total) of OLB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Goodwill and Intangible Assets (Total) growth rates and interactive chart. The sum of goodwill and all other intangible assets. Intangible assets are items that a company owns and derives benefit from, but is unable to physically measure and count. Examples of intangible assets include patents, trademarks and copyrights. Goodwill is a special type of intangible asset that normally appears in a company's balance sheet following a business combination. When the fair value of the consideration paid by the purchaser for an entity exceeds the fair value of the net assets they have acquired, the purchaser must recognize the resulting difference as goodwill in their balance sheet.


Highlights and Quick Summary

  • Goodwill and Intangible Assets (Total) for the quarter ending December 30, 2020 was $9.5 Million (a -2.22% decrease compared to previous quarter)
  • Year-over-year quarterly Goodwill and Intangible Assets (Total) decreased by -4.92%
  • Annual Goodwill and Intangible Assets (Total) for 2020 was $9.5 Million (a -6.81% decrease from previous year)
  • Annual Goodwill and Intangible Assets (Total) for 2019 was $10.2 Million (a -7.38% decrease from previous year)
  • Annual Goodwill and Intangible Assets (Total) for 2018 was $11 Million (a 220026.0% increase from previous year)
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Historical Goodwill and Intangible Assets (Total) of OLB Group, Inc.

Most recent Goodwill and Intangible Assets (Total)of OLB including historical data for past 10 years.

Interactive Chart of Goodwill and Intangible Assets (Total) of OLB Group, Inc.

OLB Group, Inc. Goodwill and Intangible Assets (Total) for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $9.5 $9.71 $9.91 $9.99 $9.5
2019 $10.19 $10.19
2018 $11.01 $11.01
2016 $0.01

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.