For the year ending 2025-12-31, OLB made $8,676,907 in revenue. -$6,679,681 in net income. Net profit margin of -76.98%.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Total revenue | 8,676,907 | |||
| Processing and servicing costs, excluding merchant portfolio amortization | 7,528,415 | |||
| Depreciation expense | 507,393 | |||
| Salaries and wages | 2,993,692 | |||
| Professional fees | 935,076 | |||
| General and administrative expenses | 1,877,693 | |||
| Total operating expenses | 13,842,269 | |||
| Loss from operations | -5,165,362 | |||
| Interest expense | 395,926 | |||
| Loss on conversion of related party amounts | 175,763 | |||
| Loss on settlement of accounts payable and debt | 52,000 | |||
| Loss on settlement of lawsuit | 85,000 | |||
| Total other income | -708,689 | |||
| Net loss before income taxes | -5,874,051 | |||
| Net loss | -5,874,051 | |||
| Preferred dividends (related party) | 30,630 | |||
| Deemed dividend preferred stock | 775,000 | |||
| Net loss applicable to common stockholders | -6,679,681 | |||
| Basic EPS | -1.74 | |||
| Diluted EPS | -1.74 | |||
| Basic Average Shares | 3,841,571 | |||
| Diluted Average Shares | 3,841,571 | |||
OLB GROUP, INC. (OLB)
OLB GROUP, INC. (OLB)