OLB Q1 2020 Earnings — The OLB Group, Inc. Revenue & Financial Results | Market Cap Arena

OLBThe OLB Group, Inc.

$2M

Q1 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$3M+0.9% YoY

Gross Profit

$493,39218.9% margin

Operating Income

-$225,189-8.6% margin

Net Income

-$542,207-20.7% margin

EPS (Diluted)

$-0.99

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

-$50,268

Free Cash Flow

-$50,268

Stock-Based Comp.

$74,596

Balance Sheet

Total Assets

$11M

Total Liabilities

$15M

Stockholders' Equity

-$3M

Cash & Equivalents

$434,533

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$3M	+0.9%
Gross Profit	$493,392	$872,796	-43.5%
Operating Income	-$225,189	-$103,535	-117.5%
Net Income	-$542,207	-$406,945	-33.2%