OLB Q2 2024 Earnings — The OLB Group, Inc. Revenue & Financial Results | Market Cap Arena

OLBThe OLB Group, Inc.

$2M

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$4M-57.8% YoY

Gross Profit

-$140,723-4.0% margin

Operating Income

-$3M-74.3% margin

Net Income

-$3M-75.2% margin

EPS (Diluted)

$-1.49

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

-$785,524

Free Cash Flow

-$785,524

Stock-Based Comp.

$33,876

Balance Sheet

Total Assets

$17M

Total Liabilities

$8M

Stockholders' Equity

$8M

Cash & Equivalents

$53,265

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$8M	-57.8%
Gross Profit	-$140,723	$2M	-106.2%
Operating Income	-$3M	-$631,736	-314.0%
Net Income	-$3M	-$587,818	-350.5%