OLB Group, Inc. Property, Plant, Equpment (Net)

Property, Plant, Equpment (Net) of OLB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Property, Plant, Equpment (Net) growth rates and interactive chart. Property, plant, and equipment (aslo called PP&E) are a company's physical or tangible long-term assets that typically have a life of more than one year. Examples of PP&E include buildings, machinery, land, office equipment, furniture, and vehicles.


Highlights and Quick Summary

  • Property, Plant, Equpment (Net) for the quarter ending December 30, 2020 was $289 Thousand (a -7.92% decrease compared to previous quarter)
  • Year-over-year quarterly Property, Plant, Equpment (Net) increased by 830.23%
  • Annual Property, Plant, Equpment (Net) for 2020 was $289 Thousand (a 688.28% increase from previous year)
  • Annual Property, Plant, Equpment (Net) for 2019 was $36.7 Thousand (a -44.31% decrease from previous year)
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Historical Property, Plant, Equpment (Net) of OLB Group, Inc.

Most recent Property, Plant, Equpment (Net)of OLB including historical data for past 10 years.

Interactive Chart of Property, Plant, Equpment (Net) of OLB Group, Inc.

OLB Group, Inc. Property, Plant, Equpment (Net) for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $0.29 $0.31 $0.03 $0.03 $0.29
2019 $0.04 $0.04
2018 $0.11 $0.07

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.