OLB Q1 2023 Earnings — The OLB Group, Inc. Revenue & Financial Results | Market Cap Arena

OLBThe OLB Group, Inc.

$2M

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$7M-24.6% YoY

Gross Profit

$722,01510.9% margin

Operating Income

-$2M-36.3% margin

Net Income

-$3M-39.5% margin

EPS (Diluted)

$-1.87

QoQ Revenue Growth

-4.9%

Cash Flow

Operating Cash Flow

$570,783

Free Cash Flow

-$366,838

Stock-Based Comp.

$132,788

Balance Sheet

Total Assets

$38M

Total Liabilities

$5M

Stockholders' Equity

$32M

Cash & Equivalents

$64,627

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7M	$9M	-24.6%
Gross Profit	$722,015	$2M	-63.8%
Operating Income	-$2M	-$1M	-65.0%
Net Income	-$3M	-$1M	-79.7%