OLB Q2 2020 Earnings — The OLB Group, Inc. Revenue & Financial Results | Market Cap Arena

OLBThe OLB Group, Inc.

$2M

Q2 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$2M-22.5% YoY

Gross Profit

$185,0189.3% margin

Operating Income

-$195,870-9.8% margin

Net Income

-$510,409-25.5% margin

EPS (Diluted)

$-0.92

QoQ Revenue Growth

-23.5%

Cash Flow

Operating Cash Flow

-$40,327

Free Cash Flow

-$40,327

Stock-Based Comp.

$74,596

Balance Sheet

Total Assets

$11M

Total Liabilities

$15M

Stockholders' Equity

-$4M

Cash & Equivalents

$330,437

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$3M	-22.5%
Gross Profit	$185,018	$903,392	-79.5%
Operating Income	-$195,870	-$164,643	-19.0%
Net Income	-$510,409	-$472,838	-7.9%