OLB Q2 2023 Earnings — The OLB Group, Inc. Revenue & Financial Results | Market Cap Arena

OLBThe OLB Group, Inc.

$2M

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$8M-0.3% YoY

Gross Profit

$2M27.1% margin

Operating Income

-$631,736-7.6% margin

Net Income

-$587,818-7.0% margin

EPS (Diluted)

$-0.39

QoQ Revenue Growth

+26.0%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

$1M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$37M

Total Liabilities

$5M

Stockholders' Equity

$32M

Cash & Equivalents

$133,777

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$8M	-0.3%
Gross Profit	$2M	$1M	+109.8%
Operating Income	-$631,736	-$2M	+65.5%
Net Income	-$587,818	-$1M	+59.1%