OLB Group, Inc. SG&A Expenses

SG&A Expenses of OLB for past 10 years: annual, quarterly and twelve month trailing (TTM) including SG&A Expenses growth rates and interactive chart. Selling, general and administrative expense (SG&A) is reported on the income statement as the sum of all direct and indirect selling expenses and all general and administrative expenses (G&A) of a company. SG&A, also known as SGA, includes all the costs not directly tied to making a product or performing a service. That is, SG&A includes the costs to sell and deliver products and services and the costs to manage the company. It includes administrative

Highlights and Quick Summary

  • SG&A Expenses for the quarter ending December 30, 2020 was $687 Thousand (a -2.77% decrease compared to previous quarter)
  • Year-over-year quarterly SG&A Expenses increased by 33.26%
  • Annual SG&A Expenses for 2020 was $2.29 Million (a 49.34% increase from previous year)
  • Annual SG&A Expenses for 2019 was $1.53 Million (a -5.2% decrease from previous year)
  • Annual SG&A Expenses for 2018 was $1.62 Million (a 488.07% increase from previous year)
  • Twelve month SG&A Expenses ending December 30, 2020 was $2.29 Million (a 15.5% increase compared to previous quarter)
Trailing SG&A Expenses for the last four month:
30 Dec '20 29 Sep '20
$2.29 Million $1.98 Million
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Historical SG&A Expenses of OLB Group, Inc.

Most recent SG&A Expensesof OLB including historical data for past 10 years.

Interactive Chart of SG&A Expenses of OLB Group, Inc.

OLB Group, Inc. SG&A Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $0.69 $0.71 $0.38 $0.52 $2.29
2019 $0.38 $1.53
2018 $1.62
2017 $0.28
2016 $0.37

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.