The OLB Group, Inc. provides integrated financial and transaction processing services for small- and mid-sized merchants in the United States. The company operates a Crowdfunding platform used to facilitate a capital raise anywhere of various types of securities under Regulation D, Regulation Crowdfunding, Regulation A, and the Securities Act of 1933; a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses; payment processing solutions to merchants, which enable merchants to process credit and debit card-based internet payments for sales of their products; and payment gateway and virtual terminal with proprietary business management tools. It is also involved in the cryptocurrency mining activities; cryptocurrency-related lending and transactional services; and provision of ecommerce development and consulting services. The company was founded in 1993 and is headquartered in New York, New York.
Revenue of The OLB Group, Inc. (OLB)
Revenue in 2023 (TTM): $30.57 M
According to The OLB Group, Inc.'s latest financial reports the company's current revenue (TTM) is $30.57 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of The OLB Group, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $30.57 M | $5.57 M | $-16,397,137 | $-23,273,939 | $-23,180,663 |
| 2022 | $30.37 M | $7.22 M | $-918,534 | $-7,787,269 | $15.75 M |
| 2021 | $16.71 M | $3.23 M | $-2,968,053 | $-4,978,358 | $-5,095,140 |
| 2020 | $9.77 M | $3.76 M | $128.47 K | $-1,776,727 | $-2,822,571 |
| 2019 | $10.29 M | $3.57 M | $747.9 K | $-1,343,412 | $-2,594,781 |
| 2018 | $9.02 M | $3.03 M | $72.33 K | $-1,393,544 | $-1,393,544 |
| 2017 | $51.54 K | $32.15 K | $-371,837 | $-398,738 | $-398,738 |
| 2016 | $83.03 K | $62.13 K | $-303,498 | $-312,952 | $-312,952 |
| 2015 | $66.29 K | $42.44 K | $-331,101 | $-342,348 | $-342,348 |
| 2014 | $136.49 K | $106.57 K | $-342,250 | $-360,301 | $-360,301 |
| 2013 | $103.8 K | $65.69 K | $-543,846 | $-552,116 | $-552,116 |
| 2012 | $130.51 K | $83.08 K | $-468,088 | $-783,856 | $-783,856 |
| 2011 | $184.76 K | $120.82 K | $-386,445 | $-679,491 | $-679,491 |
| 2010 | $218.34 K | $121.76 K | $-468,048 | $-381,161 | $-381,161 |
| 2009 | $290.16 K | $77.02 K | $-313,833 | $-323,069 | $-323,069 |
| 2008 | $73.08 K | $12.62 K | $-473,539 | $ | $-482,775 |
| 2007 | $ | $ | $-1,669,896 | $-1,677,830 | $-1,677,830 |
| 2006 | $ | $ | $-1,392,274 | $62.86 K | $48.43 K |