OLB Group, Inc. Operating Income

Operating Income of OLB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Operating Income growth rates and interactive chart. Operating income is the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS). Operating income–also called income from operations–takes a company's gross income, which is equivalent to total revenue minus COGS, and subtracts all operating expenses. A business's operating expenses are costs incurred from normal operating activities and include items such as office supplies and utilities. Operating income is measured before interest and tax expenses and is a good gauge of a company's operational profitability.

Highlights and Quick Summary

  • Operating Income for the quarter ending December 30, 2020 was $2.84 Million (a 23.25% increase compared to previous quarter)
  • Year-over-year quarterly Operating Income increased by 8.82%
  • Annual Operating Income for 2020 was $-735 Thousand (a 173.22% increase from previous year)
  • Annual Operating Income for 2019 was $-269 Thousand (a -39.92% decrease from previous year)
  • Twelve month Operating Income ending December 30, 2020 was $9.77 Million
Trailing Operating Income for the last four month:
30 Dec '20
$9.77 Million
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Historical Operating Income of OLB Group, Inc.

Most recent Operating Incomeof OLB including historical data for past 10 years.

Interactive Chart of Operating Income of OLB Group, Inc.

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $2.84 $2.31 $2.0 $2.61 $-0.73
2019 $-0.27
2018 $-0.45

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.