OLB Q1 2024 Earnings — The OLB Group, Inc. Revenue & Financial Results | Market Cap Arena

OLBThe OLB Group, Inc.

$2M

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$3M-47.2% YoY

Gross Profit

-$1M-34.7% margin

Operating Income

-$3M-82.6% margin

Net Income

-$2M-67.8% margin

EPS (Diluted)

$-1.37

QoQ Revenue Growth

-40.8%

Cash Flow

Operating Cash Flow

-$424,700

Free Cash Flow

-$424,700

Stock-Based Comp.

$304,874

Balance Sheet

Total Assets

$18M

Total Liabilities

$7M

Stockholders' Equity

$11M

Cash & Equivalents

$3,319

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$7M	-47.2%
Gross Profit	-$1M	$722,015	-268.2%
Operating Income	-$3M	-$2M	-20.2%
Net Income	-$2M	-$3M	+9.3%