Olb Group, Inc. financial data

Symbol
OLB on Nasdaq
Industry
Services-Business Services, NEC
Location
1120 Avenue Of The Americas, 4 Th Floor, New York, NY
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 25.5 % -71%
Debt-to-equity 46.9 % +252%
Return On Equity -162 % -581%
Return On Assets -110 % -428%
Operating Margin -87.3 % -170%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.8M shares
Common Stock, Shares, Outstanding 1.8M shares -88.2%
Entity Public Float 18.8M USD +2.4%
Common Stock, Value, Issued 180 USD -88.2%
Weighted Average Number of Shares Outstanding, Basic 1.8M shares +18.7%
Weighted Average Number of Shares Outstanding, Diluted 1.8M shares +18.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 27.4M USD -2.69%
Cost of Revenue 357K USD
General and Administrative Expense 7.02M USD +64.2%
Operating Income (Loss) -25.9M USD -228%
Nonoperating Income (Expense) 829K USD -178%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -25.1M USD -349%
Net Income (Loss) Attributable to Parent -25M USD -209%
Earnings Per Share, Basic -1.7 USD/shares -84.8%
Earnings Per Share, Diluted -1.7 USD/shares -84.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 53.3K USD -60.2%
Accounts Receivable, after Allowance for Credit Loss, Current 118K USD -93.7%
Other Assets, Current 592 USD -99.8%
Assets, Current 590K USD -81.1%
Other Long-term Investments 396K USD -7.04%
Property, Plant and Equipment, Net 4.28M USD -39%
Operating Lease, Right-of-Use Asset 22.1K USD -92.7%
Intangible Assets, Net (Excluding Goodwill) 250K USD -66.7%
Goodwill 8.14M USD 0%
Assets 16.6M USD -55.5%
Accounts Payable, Current 4.23M USD +115%
Accrued Liabilities, Current 454K USD -15.4%
Liabilities, Current 8.32M USD +58.1%
Long-term Debt and Lease Obligation 406K USD
Operating Lease, Liability, Noncurrent 149K USD +7.66%
Liabilities 8.32M USD +54.9%
Retained Earnings (Accumulated Deficit) -61.6M USD -68.4%
Stockholders' Equity Attributable to Parent 8.27M USD -73.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 8.27M USD -74%
Liabilities and Equity 16.6M USD -55.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -425K USD -174%
Net Cash Provided by (Used in) Financing Activities 249K USD
Net Cash Provided by (Used in) Investing Activities -938K USD
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 1.81M shares -88.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 53.3K USD -60.2%
Deferred Tax Assets, Valuation Allowance 10.9M USD +118%
Operating Lease, Liability 17.4K USD
Depreciation 2.55M USD -20.2%
Payments to Acquire Property, Plant, and Equipment 938K USD
Property, Plant and Equipment, Gross 11.5M USD -11%
Operating Lease, Liability, Current 17.4K USD -94.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure
Deferred Tax Assets, Operating Loss Carryforwards 7.62M USD +28.9%
Preferred Stock, Shares Authorized 1M shares 0%
Additional Paid in Capital 70M USD +2.39%
Operating Leases, Future Minimum Payments, Due in Two Years 38K USD -62%
Amortization of Intangible Assets 844K USD +5.5%
Depreciation, Depletion and Amortization 1.7M USD -10.3%
Share-based Payment Arrangement, Expense 33.9K USD
Operating Leases, Future Minimum Payments, Due in Three Years 144K USD +13.5%
Operating Leases, Future Minimum Payments Due 324K USD +28.5%
Interest Expense 148K USD
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%